STBFX vs. DFCFX

Last updated Jun 24, 2026

STBFX (Sextant Short Term Bond Fund) and DFCFX (DFA Two-Year Fixed Income Portfolio) are both Short-Term Bond funds. At a 0.31 correlation, their price movements are largely independent. STBFX charges 0.60%/yr vs 0.21%/yr for DFCFX.

Performance

STBFX vs. DFCFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sextant Short Term Bond Fund (STBFX) and DFA Two-Year Fixed Income Portfolio (DFCFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

STBFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFCFX

• 1D: 0.00%
• 1M: 0.21%
• YTD: 1.62%
• 6M: 1.73%
• 1Y: 2.76%
• 3Y*: 4.02%
• 5Y*: 3.83%
• 10Y*: 2.48%

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

STBFX vs. DFCFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
STBFX Sextant Short Term Bond Fund	0.28%	4.92%	3.87%	3.79%	-4.16%	-1.09%	3.42%	4.03%	1.09%	0.50%
DFCFX DFA Two-Year Fixed Income Portfolio	1.62%	2.28%	5.33%	4.92%	-3.28%	8.60%	0.57%	2.65%	1.78%	0.92%

Correlation

The correlation between STBFX and DFCFX is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jun 6, 1996	0.31

The correlation between STBFX and DFCFX shifts across timeframes, from -0.07 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

STBFX vs. DFCFX — Risk / Return Rank

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

STBFX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DFCFX

DFCFX Risk / Return Rank: 65
DFCFX Sharpe Ratio Rank: 72
DFCFX Sortino Ratio Rank: 46
DFCFX Omega Ratio Rank: 99
DFCFX Calmar Ratio Rank: 56
DFCFX Martin Ratio Rank: 51

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.

STBFX vs. DFCFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sextant Short Term Bond Fund (STBFX) and DFA Two-Year Fixed Income Portfolio (DFCFX). 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.

	STBFX	DFCFX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.27	—
Sortino ratio: Return per unit of downside risk	—	2.61	—
Omega ratio: Gain probability vs. loss probability	—	2.96	—
Calmar ratio: Return relative to maximum drawdown	—	2.73	—
Martin ratio: Return relative to average drawdown	—	9.86	—

Drawdowns

Drawdown Indicators

	STBFX	DFCFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-4.27%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.03%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.33%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-4.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-4.27%	—
Current Drawdown Current decline from peak	—	-0.10%	—
Average Drawdown Average peak-to-trough decline	—	-0.26%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.28%	—

Volatility

Volatility by Period

	STBFX	DFCFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.24%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.39%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.13%	—

STBFX vs. DFCFX - Expense Ratio Comparison

STBFX has a 0.60% expense ratio, which is higher than DFCFX's 0.21% expense ratio.

Dividends

STBFX vs. DFCFX - Dividend Comparison

STBFX's dividend yield for the trailing twelve months is around 2.61%, less than DFCFX's 2.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFCFX DFA Two-Year Fixed Income Portfolio	2.92%	2.16%	4.90%	3.43%	1.32%	8.29%	0.67%	2.22%	1.87%	1.22%	0.79%	0.53%
STBFX Sextant Short Term Bond Fund	2.61%	3.17%	2.77%	1.84%	1.04%	1.07%	1.60%	1.75%	1.47%	1.30%	1.06%	1.07%

Frequently Asked Questions

Can I hold both STBFX and DFCFX in my portfolio?

STBFX and DFCFX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.