USD=X vs. DFCF

Last updated Jun 13, 2026

USD=X (USD Cash) is a currency, while DFCF (Dimensional Core Fixed Income ETF) is Intermediate Core Bond fund actively managed by Dimensional. Over the past 3 years, USD=X returned 0.00%/yr vs 5.07%/yr for DFCF.

Performance

USD=X vs. DFCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USD Cash (USD=X) and Dimensional Core Fixed Income ETF (DFCF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USD=X

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: 0.00%
• 5Y*: 0.00%
• 10Y*: 0.00%

DFCF

• 1D: -0.09%
• 1M: 0.39%
• YTD: 0.63%
• 6M: 1.08%
• 1Y: 5.09%
• 3Y*: 5.07%
• 5Y*: —
• 10Y*: —

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

USD=X vs. DFCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
USD=X USD Cash	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DFCF Dimensional Core Fixed Income ETF	0.63%	7.89%	1.86%	6.94%	-14.48%	0.04%

Return for Risk

USD=X vs. DFCF — Risk / Return Rank

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

USD=X

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

DFCF

DFCF Risk / Return Rank: 40
DFCF Sharpe Ratio Rank: 41
DFCF Sortino Ratio Rank: 42
DFCF Omega Ratio Rank: 38
DFCF Calmar Ratio Rank: 42
DFCF Martin Ratio Rank: 38

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.

USD=X vs. DFCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and Dimensional Core Fixed Income ETF (DFCF). 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.

	USD=X	DFCF	Difference
Sharpe ratio: Return per unit of total volatility	—	1.30	—
Sortino ratio: Return per unit of downside risk	—	1.90	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.83	—
Martin ratio: Return relative to average drawdown	—	5.39	—

Drawdowns

USD=X vs. DFCF - Drawdown Comparison

The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum DFCF drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for USD=X and DFCF.

Drawdown Indicators

	USD=X	DFCF	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-19.56%	+19.56%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-2.79%	+2.79%
Max Drawdown (3Y) Largest decline over 3 years	0.00%	-5.05%	+5.05%
Max Drawdown (5Y) Largest decline over 5 years	0.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	0.00%	—	—
Current Drawdown Current decline from peak	0.00%	-1.20%	+1.20%
Average Drawdown Average peak-to-trough decline	0.00%	-7.99%	+7.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	0.95%	-0.95%

Volatility

USD=X vs. DFCF - Volatility Comparison

The current volatility for USD Cash (USD=X) is 0.00%, while Dimensional Core Fixed Income ETF (DFCF) has a volatility of 1.44%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than DFCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USD=X	DFCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	1.44%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	2.98%	-2.98%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.96%	-3.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	6.45%	-6.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	6.45%	-6.45%

Frequently Asked Questions

Which is riskier, USD=X or DFCF?

DFCF has higher volatility (1.44%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs DFCF's -19.56%.