OIBFX vs. DGTSX

Last updated Jun 23, 2026

OIBFX (JPMorgan Investor Balanced Fund) and DGTSX (DFA Global Allocation 25/75 Portfolio) are both Diversified Portfolio funds. Over the past 10 years, OIBFX returned 8.03%/yr vs 5.23%/yr for DGTSX. Their correlation of 0.93 suggests significant overlap in exposure. OIBFX charges 0.32%/yr vs 0.24%/yr for DGTSX.

Performance

OIBFX vs. DGTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Investor Balanced Fund (OIBFX) and DFA Global Allocation 25/75 Portfolio (DGTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OIBFX achieves a 5.49% return, which is significantly higher than DGTSX's 4.30% return. Over the past 10 years, OIBFX has outperformed DGTSX with an annualized return of 8.03%, while DGTSX has yielded a comparatively lower 5.23% annualized return.

OIBFX

• 1D: 0.69%
• 1M: 1.45%
• YTD: 5.49%
• 6M: 5.28%
• 1Y: 14.67%
• 3Y*: 11.58%
• 5Y*: 6.22%
• 10Y*: 8.03%

DGTSX

• 1D: 0.34%
• 1M: 0.76%
• YTD: 4.30%
• 6M: 4.30%
• 1Y: 9.92%
• 3Y*: 8.27%
• 5Y*: 5.39%
• 10Y*: 5.23%

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

OIBFX vs. DGTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OIBFX JPMorgan Investor Balanced Fund	5.49%	12.69%	9.25%	15.06%	-13.62%	10.92%	14.23%	17.19%	-4.77%	13.30%
DGTSX DFA Global Allocation 25/75 Portfolio	4.30%	8.39%	7.43%	8.93%	-8.06%	10.20%	7.29%	9.80%	-1.85%	5.83%

Correlation

The correlation between OIBFX and DGTSX is 0.96 - 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	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 26, 2003	0.93

The correlation between OIBFX and DGTSX has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

Return for Risk

OIBFX vs. DGTSX — Risk / Return Rank

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

OIBFX

OIBFX Risk / Return Rank: 56
OIBFX Sharpe Ratio Rank: 56
OIBFX Sortino Ratio Rank: 57
OIBFX Omega Ratio Rank: 58
OIBFX Calmar Ratio Rank: 49
OIBFX Martin Ratio Rank: 60

DGTSX

DGTSX Risk / Return Rank: 89
DGTSX Sharpe Ratio Rank: 91
DGTSX Sortino Ratio Rank: 91
DGTSX Omega Ratio Rank: 88
DGTSX Calmar Ratio Rank: 85
DGTSX Martin Ratio Rank: 90

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.

OIBFX vs. DGTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Investor Balanced Fund (OIBFX) and DFA Global Allocation 25/75 Portfolio (DGTSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	OIBFX	DGTSX	Difference
Sharpe ratio: Return per unit of total volatility	2.03	2.79	-0.76
Sortino ratio: Return per unit of downside risk	2.89	4.16	-1.27
Omega ratio: Gain probability vs. loss probability	1.38	1.57	-0.19
Calmar ratio: Return relative to maximum drawdown	2.58	3.79	-1.21
Martin ratio: Return relative to average drawdown	11.16	16.65	-5.49

OIBFX vs. DGTSX - Sharpe Ratio Comparison

The current OIBFX Sharpe Ratio is 2.03, which is comparable to the DGTSX Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of OIBFX and DGTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OIBFX vs. DGTSX - Drawdown Comparison

The maximum OIBFX drawdown since its inception was -29.42%, which is greater than DGTSX's maximum drawdown of -16.71%. Use the drawdown chart below to compare losses from any high point for OIBFX and DGTSX.

Drawdown Indicators

	OIBFX	DGTSX	Difference
Max Drawdown Largest peak-to-trough decline	-29.42%	-16.71%	-12.71%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	-2.64%	-3.02%
Max Drawdown (3Y) Largest decline over 3 years	-8.61%	-7.46%	-1.15%
Max Drawdown (5Y) Largest decline over 5 years	-18.74%	-11.26%	-7.48%
Max Drawdown (10Y) Largest decline over 10 years	-21.08%	-11.26%	-9.82%
Current Drawdown Current decline from peak	-0.06%	-0.14%	+0.08%
Average Drawdown Average peak-to-trough decline	-3.48%	-1.64%	-1.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.31%	0.60%	+0.71%

Volatility

OIBFX vs. DGTSX - Volatility Comparison

JPMorgan Investor Balanced Fund (OIBFX) has a higher volatility of 2.89% compared to DFA Global Allocation 25/75 Portfolio (DGTSX) at 1.42%. This indicates that OIBFX's price experiences larger fluctuations and is considered to be riskier than DGTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OIBFX	DGTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	1.42%	+1.47%
Volatility (6M) Calculated over the trailing 6-month period	5.97%	2.98%	+2.99%
Volatility (1Y) Calculated over the trailing 1-year period	7.21%	3.59%	+3.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.98%	5.98%	+3.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.19%	5.24%	+3.95%

OIBFX vs. DGTSX - Expense Ratio Comparison

OIBFX has a 0.32% expense ratio, which is higher than DGTSX's 0.24% expense ratio.

Dividends

OIBFX vs. DGTSX - Dividend Comparison

OIBFX's dividend yield for the trailing twelve months is around 5.84%, more than DGTSX's 5.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGTSX DFA Global Allocation 25/75 Portfolio	5.70%	5.54%	7.28%	4.75%	2.77%	7.62%	2.12%	2.57%	2.99%	1.25%	1.26%	1.50%
OIBFX JPMorgan Investor Balanced Fund	5.84%	6.10%	6.00%	3.51%	7.07%	4.40%	6.20%	6.72%	7.91%	6.95%	3.81%	5.21%

Frequently Asked Questions

Can I hold both OIBFX and DGTSX in my portfolio?

With a correlation of 0.96, OIBFX and DGTSX 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, OIBFX or DGTSX?

OIBFX has higher volatility (2.89%) compared to DGTSX (1.42%). In terms of maximum drawdown, OIBFX dropped -29.42% vs DGTSX's -16.71%.

Which has better risk-adjusted returns?

DGTSX currently has the higher Sharpe Ratio (2.79 vs 2.03), 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.