TTMIX vs. DMO
TTMIX (T. Rowe Price Total Return Fund Class I) and DMO (Dimensional Multi-Asset Fund) are both Global Allocation funds. Over the past 10 years, TTMIX returned 13.22%/yr vs 3.75%/yr for DMO. Their 0.23 correlation means their historical movements had little consistent relationship. TTMIX charges 0.37%/yr vs 0.04%/yr for DMO.
Performance
TTMIX vs. DMO - Performance Comparison
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Returns By Period
In the year-to-date period, TTMIX achieves a -5.87% return, which is significantly lower than DMO's 0.98% return. Over the past 10 years, TTMIX has outperformed DMO with an annualized return of 13.22%, while DMO has yielded a comparatively lower 3.75% annualized return.
TTMIX
- 1D
- 0.85%
- 1M
- -5.00%
- 6M
- -4.11%
- YTD
- -5.87%
- 1Y
- -6.48%
- 3Y*
- 14.51%
- 5Y*
- 2.29%
- 10Y*
- 13.22%
- ALL TIME*
- 13.86%
DMO
- 1D
- -0.10%
- 1M
- -2.44%
- 6M
- 0.79%
- YTD
- 0.98%
- 1Y
- -0.66%
- 3Y*
- 11.17%
- 5Y*
- 4.03%
- 10Y*
- 3.75%
- ALL TIME*
- 8.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $406.77K | $422.33K | $418.75K | |
| $0.00 | $0.00 | $0.00 |
TTMIX vs. DMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TTMIX T. Rowe Price Total Return Fund Class I | -5.87% | 6.97% | 38.33% | 39.41% | -40.85% | 9.92% | 53.86% | 35.84% | -1.73% | 33.14% |
DMO Dimensional Multi-Asset Fund | 0.98% | 6.95% | 20.24% | 16.79% | -21.64% | 17.12% | -22.32% | 9.10% | -2.04% | 23.46% |
Correlation
The correlation between TTMIX and DMO is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2016 | 0.23 |
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Return for Risk
TTMIX vs. DMO — Risk / Return Rank
TTMIX
DMO
TTMIX vs. DMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Total Return Fund Class I (TTMIX) and Dimensional Multi-Asset Fund (DMO). 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.
| TTMIX | DMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.00 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.05 | -0.37 |
| Martin ratioReturn relative to average drawdown | -0.91 | -0.12 | -0.78 |
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Drawdowns
TTMIX vs. DMO - Drawdown Comparison
The maximum TTMIX drawdown since its inception was -47.11%, roughly equal to the maximum DMO drawdown of -49.16%. Use the drawdown chart below to compare losses from any high point for TTMIX and DMO.
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Drawdown Indicators
| TTMIX | DMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.11% | -49.16% | +2.05% |
Max Drawdown (1Y)Largest decline over 1 year | -17.25% | -8.37% | -8.88% |
Max Drawdown (3Y)Largest decline over 3 years | -20.68% | -9.04% | -11.64% |
Max Drawdown (5Y)Largest decline over 5 years | -47.11% | -29.04% | -18.07% |
Max Drawdown (10Y)Largest decline over 10 years | -47.11% | -49.16% | +2.05% |
Current DrawdownCurrent decline from peak | -13.27% | -5.13% | -8.14% |
Average DrawdownAverage peak-to-trough decline | -10.25% | -9.55% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.00% | 3.58% | +4.42% |
Volatility
TTMIX vs. DMO - Volatility Comparison
T. Rowe Price Total Return Fund Class I (TTMIX) has a higher volatility of 5.72% compared to Dimensional Multi-Asset Fund (DMO) at 1.47%. This indicates that TTMIX's price experiences larger fluctuations and is considered to be riskier than DMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TTMIX | DMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.72% | 1.47% | +4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 13.45% | 7.76% | +5.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.16% | 10.06% | +6.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.46% | 12.64% | +8.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.82% | 19.91% | +0.91% |
TTMIX vs. DMO - Expense Ratio Comparison
TTMIX has a 0.37% expense ratio, which is higher than DMO's 0.04% expense ratio.
Dividends
TTMIX vs. DMO - Dividend Comparison
TTMIX's dividend yield for the trailing twelve months is around 26.85%, more than DMO's 14.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DMO Dimensional Multi-Asset Fund | 14.31% | 14.01% | 12.92% | 11.46% | 11.51% | 8.88% | 10.95% | 9.63% | 18.93% | 13.30% | 13.19% | 14.09% |
TTMIX T. Rowe Price Total Return Fund Class I | 26.85% | 25.27% | 7.45% | 7.80% | 17.43% | 8.53% | 5.27% | 2.44% | 1.41% | 2.47% | 2.23% | 0.00% |
Frequently Asked Questions
TTMIX and DMO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TTMIX has higher volatility (5.72%) compared to DMO (1.47%). In terms of maximum drawdown, TTMIX dropped -47.11% vs DMO's -49.16%.
DMO currently has the higher Sharpe Ratio (-0.04 vs -0.45), 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.
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