STBFX vs. DFEQX

Last updated Aug 1, 2026

STBFX (Sextant Short Term Bond Fund) and DFEQX (DFA Short-Term Extended Quality Portfolio) are both Short-Term Bond funds. Their 0.47 correlation means their historical movements had little consistent relationship. STBFX charges 0.60%/yr vs 0.19%/yr for DFEQX.

Performance

STBFX vs. DFEQX - Performance Comparison

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

Returns By Period

STBFX

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

DFEQX

• 1D: 0.05%
• 1M: -0.14%
• 6M: 1.24%
• YTD: 1.71%
• 1Y: 3.55%
• 3Y*: 4.73%
• 5Y*: 2.03%
• 10Y*: 1.90%
• ALL TIME*: 1.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFEQX DFA Short-Term Extended Quality Portfolio	$0.00	$0.00	$0.00

STBFX vs. DFEQX - 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%
DFEQX DFA Short-Term Extended Quality Portfolio	1.71%	4.27%	5.50%	5.44%	-5.18%	-0.60%	2.24%	4.51%	1.34%	1.51%

Correlation

The correlation between STBFX and DFEQX is 0.20, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.20
Correlation (3Y) Balances recent behavior with more history.	0.22
Correlation (5Y) Shows whether the relationship held over a longer period.	0.51
Correlation (10Y) Provides a long-term view across more market conditions.	0.46
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.47

Over the past year, the correlation between STBFX and DFEQX has dropped to 0.20 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.

Return for Risk

STBFX vs. DFEQX — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

DFEQX

DFEQX Risk / Return Rank: 98
DFEQX Sharpe Ratio Rank: 98
DFEQX Sortino Ratio Rank: 98
DFEQX Omega Ratio Rank: 98
DFEQX Calmar Ratio Rank: 97
DFEQX Martin Ratio Rank: 97

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

STBFX vs. DFEQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sextant Short Term Bond Fund (STBFX) and DFA Short-Term Extended Quality Portfolio (DFEQX). 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	DFEQX	Difference
Sharpe ratio: Return per unit of total volatility	—	3.29	—
Sortino ratio: Return per unit of downside risk	—	5.29	—
Omega ratio: Gain probability vs. loss probability	—	1.90	—
Calmar ratio: Return relative to maximum drawdown	—	4.83	—
Martin ratio: Return relative to average drawdown	—	19.70	—

Drawdowns

Drawdown Indicators

	STBFX	DFEQX	Difference
Max Drawdown Largest peak-to-trough decline	—	-8.40%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.76%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-8.40%	—
Current Drawdown Current decline from peak	—	-0.14%	—
Average Drawdown Average peak-to-trough decline	—	-0.94%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.19%	—

Volatility

Volatility by Period

	STBFX	DFEQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.12%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	2.08%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	1.69%	—

STBFX vs. DFEQX - Expense Ratio Comparison

STBFX has a 0.60% expense ratio, which is higher than DFEQX's 0.19% expense ratio.

Dividends

STBFX vs. DFEQX - Dividend Comparison

STBFX's dividend yield for the trailing twelve months is around 2.06%, less than DFEQX's 4.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFEQX DFA Short-Term Extended Quality Portfolio	4.67%	3.62%	4.40%	3.34%	1.78%	1.05%	0.47%	2.18%	3.14%	1.51%	1.59%	1.72%
STBFX Sextant Short Term Bond Fund	2.06%	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 DFEQX in my portfolio?

STBFX and DFEQX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.