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SNSXX vs. DCMSX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SNSXX vs. DCMSX

Last updated Jun 5, 2026

SNSXX (Schwab U.S. Treasury Money Fund) and DCMSX (DFA Commodity Strategy Portfolio) are both mutual funds - SNSXX is a Money Market fund managed by Charles Schwab, while DCMSX is a Commodities fund managed by Dimensional. Over the past 5 years, SNSXX returned 1.38%/yr vs 12.02%/yr for DCMSX. At a correlation of -0.04, they often move in opposite directions. SNSXX charges 0.34%/yr vs 0.31%/yr for DCMSX.

Performance

SNSXX vs. DCMSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Treasury Money Fund (SNSXX) and DFA Commodity Strategy Portfolio (DCMSX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SNSXX achieves a 1.40% return, which is significantly lower than DCMSX's 30.93% return.

SNSXX

1D
0.00%
1M
0.29%
YTD
1.40%
6M
1.72%
1Y
3.69%
3Y*
2.32%
5Y*
1.38%
10Y*
—

DCMSX

1D
0.17%
1M
-1.94%
YTD
30.93%
6M
29.19%
1Y
42.85%
3Y*
17.33%
5Y*
12.02%
10Y*
7.74%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SNSXX vs. DCMSX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SNSXX
Schwab U.S. Treasury Money Fund		1.40%3.97%1.61%0.00%0.00%0.00%
DCMSX
DFA Commodity Strategy Portfolio		30.93%15.15%5.90%-9.14%11.36%13.44%

Correlation

The correlation between SNSXX and DCMSX is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.11

Correlation (3Y)
Calculated over the trailing 3-year period

-0.05

Correlation (5Y)
Calculated over the trailing 5-year period

-0.04

Correlation (All Time)
Calculated using the full available price history since May 26, 2021

-0.04

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Schwab U.S. Treasury Money Fund

DFA Commodity Strategy Portfolio

Often compared with SNSXX:
SNSXX vs. SWVXXSNSXX vs. SPAXXSNSXX vs. SGOVSNSXX vs. VMFXXSNSXX vs. BILSNSXX vs. SWPPXSNSXX vs. SPY
Often compared with DCMSX:
DCMSX vs. PCRIXDCMSX vs. VCMDXDCMSX vs. CCRSXDCMSX vs. DBCDCMSX vs. VOODCMSX vs. COMBDCMSX vs. SDCI

Return for Risk

SNSXX vs. DCMSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SNSXX
DCMSX
DCMSX Risk / Return Rank: 8080
Overall Rank
DCMSX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
DCMSX Sortino Ratio Rank: 6666
Sortino Ratio Rank
DCMSX Omega Ratio Rank: 7272
Omega Ratio Rank
DCMSX Calmar Ratio Rank: 9595
Calmar Ratio Rank
DCMSX Martin Ratio Rank: 8686
Martin Ratio Rank
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.

SNSXX vs. DCMSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Treasury Money Fund (SNSXX) and DFA Commodity Strategy Portfolio (DCMSX). 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.

SNSXXDCMSXDifference
Sharpe ratioReturn per unit of total volatility
3.71
2.69

+1.02

Sortino ratioReturn per unit of downside risk

—

3.39

—

Omega ratioGain probability vs. loss probability

—

1.48

—

Calmar ratioReturn relative to maximum drawdown

—

6.04

—

Martin ratioReturn relative to average drawdown

—

16.23

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNSXX vs. DCMSX - Sharpe Ratio Comparison

The current SNSXX Sharpe Ratio is 3.71, which is higher than the DCMSX Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of SNSXX and DCMSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SNSXXDCMSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.71

2.69

+1.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

2.09

0.74

+1.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.54

—

Sharpe Ratio (All Time)

Calculated using the full available price history

2.08

0.11

+1.97

Drawdowns

SNSXX vs. DCMSX - Drawdown Comparison

The maximum SNSXX drawdown since its inception was 0.00%, smaller than the maximum DCMSX drawdown of -60.94%. Use the drawdown chart below to compare losses from any high point for SNSXX and DCMSX.

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Drawdown Indicators

SNSXXDCMSXDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-60.94%

+60.94%

Max Drawdown (1Y)

Largest decline over 1 year

0.00%

-7.21%

+7.21%

Max Drawdown (3Y)

Largest decline over 3 years

0.00%

-11.10%

+11.10%

Max Drawdown (5Y)

Largest decline over 5 years

0.00%

-27.93%

+27.93%

Max Drawdown (10Y)

Largest decline over 10 years

—

-32.52%

—

Current Drawdown

Current decline from peak

0.00%

-3.65%

+3.65%

Average Drawdown

Average peak-to-trough decline

0.00%

-31.78%

+31.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.00%

2.67%

-2.67%

Volatility

SNSXX vs. DCMSX - Volatility Comparison

The current volatility for Schwab U.S. Treasury Money Fund (SNSXX) is 0.29%, while DFA Commodity Strategy Portfolio (DCMSX) has a volatility of 5.31%. This indicates that SNSXX experiences smaller price fluctuations and is considered to be less risky than DCMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SNSXXDCMSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.29%

5.31%

-5.02%

Volatility (6M)

Calculated over the trailing 6-month period

0.73%

14.09%

-13.36%

Volatility (1Y)

Calculated over the trailing 1-year period

1.05%

16.22%

-15.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.68%

16.31%

-15.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.68%

14.48%

-13.80%

SNSXX vs. DCMSX - Expense Ratio Comparison

SNSXX has a 0.34% expense ratio, which is higher than DCMSX's 0.31% expense ratio.

Dividends

SNSXX vs. DCMSX - Dividend Comparison

SNSXX's dividend yield for the trailing twelve months is around 3.62%, less than DCMSX's 8.05% yield.

PositionTTM20252024202320222021202020192018201720162015
DCMSX
DFA Commodity Strategy Portfolio		8.05%10.75%2.83%2.52%7.46%49.44%0.37%1.51%1.63%3.09%0.47%0.15%
SNSXX
Schwab U.S. Treasury Money Fund		3.62%3.88%1.59%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SNSXX and DCMSX have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DCMSX has higher volatility (5.31%) compared to SNSXX (0.29%). In terms of maximum drawdown, SNSXX dropped 0.00% vs DCMSX's -60.94%.

SNSXX currently has the higher Sharpe Ratio (3.71 vs 2.69), 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.

Portfolio Optimizer

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