TWSGX vs. DFFGX
TWSGX (TransWestern Institutional Short Duration Government Bond Fund) and DFFGX (DFA Short-Term Government Portfolio) are both Government Bonds funds. Over the past 10 years, TWSGX returned 1.03%/yr vs 1.18%/yr for DFFGX. At a 0.42 correlation, their price movements are largely independent. TWSGX charges 0.65%/yr vs 0.18%/yr for DFFGX.
Performance
TWSGX vs. DFFGX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TWSGX achieves a 0.42% return, which is significantly lower than DFFGX's 1.38% return. Over the past 10 years, TWSGX has underperformed DFFGX with an annualized return of 1.03%, while DFFGX has yielded a comparatively higher 1.18% annualized return.
TWSGX
- 1D
- -0.22%
- 1M
- 0.27%
- YTD
- 0.42%
- 6M
- 0.72%
- 1Y
- 3.52%
- 3Y*
- 3.32%
- 5Y*
- 0.87%
- 10Y*
- 1.03%
DFFGX
- 1D
- 0.00%
- 1M
- 0.10%
- YTD
- 1.38%
- 6M
- 1.48%
- 1Y
- 2.48%
- 3Y*
- 4.18%
- 5Y*
- 1.87%
- 10Y*
- 1.18%
TWSGX vs. DFFGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TWSGX TransWestern Institutional Short Duration Government Bond Fund | 0.42% | 5.83% | 2.28% | 2.21% | -5.55% | -0.83% | 2.29% | 3.81% | 1.05% | 0.77% |
DFFGX DFA Short-Term Government Portfolio | 1.38% | 3.12% | 5.29% | 5.01% | -4.41% | -1.27% | 0.39% | 2.52% | 1.17% | 0.51% |
Correlation
The correlation between TWSGX and DFFGX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011 | 0.42 |
Over the past year, the correlation between TWSGX and DFFGX has dropped to 0.21 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TWSGX vs. DFFGX — Risk / Return Rank
TWSGX
DFFGX
TWSGX vs. DFFGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransWestern Institutional Short Duration Government Bond Fund (TWSGX) and DFA Short-Term Government Portfolio (DFFGX). 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.
| TWSGX | DFFGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 2.23 | -0.88 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 2.52 | +0.40 |
| Martin ratioReturn relative to average drawdown | 8.80 | 9.33 | -0.53 |
Loading charts...
Drawdowns
TWSGX vs. DFFGX - Drawdown Comparison
The maximum TWSGX drawdown since its inception was -8.14%, which is greater than DFFGX's maximum drawdown of -6.49%. Use the drawdown chart below to compare losses from any high point for TWSGX and DFFGX.
Loading charts...
Drawdown Indicators
| TWSGX | DFFGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.14% | -6.49% | -1.65% |
Max Drawdown (1Y)Largest decline over 1 year | -1.29% | -1.00% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -2.75% | -1.19% | -1.56% |
Max Drawdown (5Y)Largest decline over 5 years | -8.14% | -6.49% | -1.65% |
Max Drawdown (10Y)Largest decline over 10 years | -8.14% | -6.49% | -1.65% |
Current DrawdownCurrent decline from peak | -0.66% | -0.20% | -0.46% |
Average DrawdownAverage peak-to-trough decline | -1.56% | -0.77% | -0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.43% | 0.27% | +0.16% |
Volatility
TWSGX vs. DFFGX - Volatility Comparison
TransWestern Institutional Short Duration Government Bond Fund (TWSGX) has a higher volatility of 0.64% compared to DFA Short-Term Government Portfolio (DFFGX) at 0.42%. This indicates that TWSGX's price experiences larger fluctuations and is considered to be riskier than DFFGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TWSGX | DFFGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.64% | 0.42% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 1.58% | 0.63% | +0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.17% | 1.26% | +0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.80% | 1.84% | +0.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.19% | 1.56% | +0.63% |
TWSGX vs. DFFGX - Expense Ratio Comparison
TWSGX has a 0.65% expense ratio, which is higher than DFFGX's 0.18% expense ratio.
Dividends
TWSGX vs. DFFGX - Dividend Comparison
TWSGX's dividend yield for the trailing twelve months is around 3.48%, more than DFFGX's 2.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFFGX DFA Short-Term Government Portfolio | 2.84% | 2.98% | 4.87% | 3.57% | 1.85% | 0.15% | 0.29% | 1.83% | 1.53% | 1.18% | 0.99% | 1.27% |
TWSGX TransWestern Institutional Short Duration Government Bond Fund | 3.48% | 3.57% | 3.03% | 1.52% | 0.89% | 0.20% | 0.82% | 2.59% | 2.50% | 1.49% | 0.00% | 0.00% |
Frequently Asked Questions
TWSGX and DFFGX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TWSGX has higher volatility (0.64%) compared to DFFGX (0.42%). In terms of maximum drawdown, TWSGX dropped -8.14% vs DFFGX's -6.49%.
DFFGX currently has the higher Sharpe Ratio (1.99 vs 1.74), 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.
Find the right allocation for TWSGX and DFFGX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer