DSCGX vs. DFSTX

Last updated Jun 4, 2026

DSCGX (DFA U.S. Small Cap Growth Portfolio) and DFSTX (DFA U.S. Small Cap Portfolio) are both mutual funds - DSCGX is a Small Cap Growth Equities fund managed by Dimensional, while DFSTX is a Small Cap Blend Equities fund managed by Dimensional. Over the past 10 years, DSCGX returned 10.53%/yr vs 10.93%/yr for DFSTX. With a 0.98 correlation, they move nearly in lockstep. DSCGX charges 0.32%/yr vs 0.27%/yr for DFSTX.

Performance

DSCGX vs. DFSTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA U.S. Small Cap Growth Portfolio (DSCGX) and DFA U.S. Small Cap Portfolio (DFSTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSCGX achieves a 9.38% return, which is significantly lower than DFSTX's 14.69% return. Both investments have delivered pretty close results over the past 10 years, with DSCGX having a 10.53% annualized return and DFSTX not far ahead at 10.93%.

DSCGX

• 1D: 0.27%
• 1M: 2.65%
• YTD: 9.38%
• 6M: 8.48%
• 1Y: 18.14%
• 3Y*: 13.80%
• 5Y*: 6.40%
• 10Y*: 10.53%

DFSTX

• 1D: 0.76%
• 1M: 3.51%
• YTD: 14.69%
• 6M: 13.91%
• 1Y: 29.09%
• 3Y*: 16.25%
• 5Y*: 8.13%
• 10Y*: 10.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DSCGX vs. DFSTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DSCGX DFA U.S. Small Cap Growth Portfolio	9.38%	5.94%	13.86%	21.25%	-17.79%	20.37%	19.35%	26.17%	-12.33%	15.99%
DFSTX DFA U.S. Small Cap Portfolio	14.69%	8.07%	11.50%	17.66%	-13.50%	30.50%	11.19%	21.78%	-13.20%	11.19%

Correlation

The correlation between DSCGX and DFSTX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.98

The correlation between DSCGX and DFSTX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

DSCGX vs. DFSTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DSCGX

DSCGX Risk / Return Rank: 20
DSCGX Sharpe Ratio Rank: 17
DSCGX Sortino Ratio Rank: 19
DSCGX Omega Ratio Rank: 17
DSCGX Calmar Ratio Rank: 24
DSCGX Martin Ratio Rank: 26

DFSTX

DFSTX Risk / Return Rank: 51
DFSTX Sharpe Ratio Rank: 41
DFSTX Sortino Ratio Rank: 42
DFSTX Omega Ratio Rank: 38
DFSTX Calmar Ratio Rank: 75
DFSTX Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DSCGX vs. DFSTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Small Cap Growth Portfolio (DSCGX) and DFA U.S. Small Cap Portfolio (DFSTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DSCGX	DFSTX	Difference
Sharpe ratio Return per unit of total volatility	1.20	1.87	-0.67
Sortino ratio Return per unit of downside risk	1.83	2.73	-0.89
Omega ratio Gain probability vs. loss probability	1.21	1.32	-0.11
Calmar ratio Return relative to maximum drawdown	1.81	3.42	-1.61
Martin ratio Return relative to average drawdown	6.30	11.58	-5.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DSCGX vs. DFSTX - Sharpe Ratio Comparison

The current DSCGX Sharpe Ratio is 1.20, which is lower than the DFSTX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of DSCGX and DFSTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DSCGX	DFSTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.87	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.40	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.50	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.50	+0.04

Drawdowns

DSCGX vs. DFSTX - Drawdown Comparison

The maximum DSCGX drawdown since its inception was -41.44%, smaller than the maximum DFSTX drawdown of -60.99%. Use the drawdown chart below to compare losses from any high point for DSCGX and DFSTX.

Drawdown Indicators

	DSCGX	DFSTX	Difference
Max Drawdown Largest peak-to-trough decline	-41.44%	-60.99%	+19.55%
Max Drawdown (1Y) Largest decline over 1 year	-10.99%	-9.16%	-1.83%
Max Drawdown (3Y) Largest decline over 3 years	-24.46%	-25.91%	+1.45%
Max Drawdown (5Y) Largest decline over 5 years	-31.32%	-25.91%	-5.41%
Max Drawdown (10Y) Largest decline over 10 years	-41.44%	-44.78%	+3.34%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.21%	-8.77%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	2.69%	+0.44%

Volatility

DSCGX vs. DFSTX - Volatility Comparison

The current volatility for DFA U.S. Small Cap Growth Portfolio (DSCGX) is 4.20%, while DFA U.S. Small Cap Portfolio (DFSTX) has a volatility of 4.45%. This indicates that DSCGX experiences smaller price fluctuations and is considered to be less risky than DFSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSCGX	DFSTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.20%	4.45%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	11.77%	11.57%	+0.20%
Volatility (1Y) Calculated over the trailing 1-year period	16.61%	16.76%	-0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.41%	20.56%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.78%	22.08%	-0.30%

DSCGX vs. DFSTX - Expense Ratio Comparison

DSCGX has a 0.32% expense ratio, which is higher than DFSTX's 0.27% expense ratio.

Dividends

DSCGX vs. DFSTX - Dividend Comparison

DSCGX's dividend yield for the trailing twelve months is around 0.54%, less than DFSTX's 0.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFSTX DFA U.S. Small Cap Portfolio	0.95%	1.08%	1.05%	2.45%	5.18%	6.39%	1.08%	3.30%	5.16%	4.56%	3.10%	5.90%
DSCGX DFA U.S. Small Cap Growth Portfolio	0.54%	0.60%	0.62%	0.72%	4.08%	3.27%	0.58%	1.28%	5.44%	1.50%	1.12%	1.20%

Frequently Asked Questions

Can I hold both DSCGX and DFSTX in my portfolio?

With a correlation of 0.98, DSCGX and DFSTX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DSCGX or DFSTX?

DFSTX has higher volatility (4.45%) compared to DSCGX (4.20%). In terms of maximum drawdown, DSCGX dropped -41.44% vs DFSTX's -60.99%.

Which has better risk-adjusted returns?

DFSTX currently has the higher Sharpe Ratio (1.87 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.