Data Source: from January 1994 to December 2021

Last Update: 31 December 2021

The DFA Dimensional Retirement Income Fund Portfolio is exposed for 20.4% on the Stock Market.

It's a Low Risk portfolio and it can be replicated with 7 ETFs.

In the last 10 years, the portfolio obtained a 4.54% compound annual return, with a 3.77% standard deviation.

In the last 25 years, a 5.73% compound annual return, with a 4.43% standard deviation.

Asset Allocation and ETFs

The DFA Dimensional Retirement Income Fund Portfolio has the following asset allocation:

20.4% Stocks
79.6% Fixed Income
0% Commodities

The DFA Dimensional Retirement Income Fund Portfolio can be replicated with the following ETFs:

Weight Ticker ETF Name Investment Themes
6.40 % DFUSX DFA US Large Company I Stocks
6.40 % DFEOX DFA US Core Equity 1 Stocks
3.80 % DFALX DFA Large Cap International I Stocks
1.90 % DFIEX DFA International Core Equity I Stocks
1.90 % DFCEX DFA Emerging Markets Core Equity I Stocks
47.60 % DIPSX DFA Inflation-Protected Securities I Fixed Income
32.00 % DFIHX DFA One-Year Fixed-Income I Fixed Income
Most of Lazy Portfolios are made of common components (asset classes), very simple and well defined. For a more complete view, find out the most common ETFs you can use to build your portfolio.

Portfolio and ETF Returns

The DFA Dimensional Retirement Income Fund Portfolio guaranteed the following returns.

DFA DIMENSIONAL RETIREMENT INCOME FUND PORTFOLIO RETURNS (%)
Last Update: 31 December 2021
Swipe left to see all data
1M 3M 6M 1Y 3Y(*) 5Y(*) 10Y(*) 20Y(*) 25Y(*)
DFA Dimensional Retirement Income Fund Portfolio +1.12 +2.55 +3.34 +7.04 +8.67 +6.08 +4.54 +5.28 +5.73
--- Inflation Adjusted return +0.65 +0.33 -0.06 -0.08 +4.96 +3.07 +2.38 +2.90 +3.36
Components
DFUSX
DFA US Large Company I
+4.50 +11.00 +11.61 +28.60 +26.01 +18.41 +16.47 +9.49 +9.70
DFEOX
DFA US Core Equity 1
+4.82 +9.64 +9.25 +27.54 +24.57 +16.59 +15.72 +9.62 +9.65
DFALX
DFA Large Cap International I
+4.84 +3.32 +2.17 +12.81 +14.18 +9.88 +8.02 +6.47 +5.51
DFIEX
DFA International Core Equity I
+4.82 +2.71 +1.87 +13.87 +14.28 +9.56 +8.62 +7.11 +5.67
DFCEX
DFA Emerging Markets Core Equity I
+3.73 +0.87 -5.45 +5.83 +11.82 +10.11 +6.05 +10.17 +6.96
DIPSX
DFA Inflation-Protected Securities I
+0.23 +1.97 +4.06 +5.55 +8.53 +5.44 +3.10 +5.37 +5.95
DFIHX
DFA One-Year Fixed-Income I
-0.09 -0.19 -0.19 -0.19 +0.95 +1.13 +0.83 +1.73 +2.52
(*) annualized
Portfolio returns are calculated assuming:
  • a rebalancing of the components at the beginning of each year (i.e. at every January 1st)
  • the reinvestment of dividends

Inflation is updated to Dec 2021. Current inflation (annualized) is 1Y: 7.12% , 3Y: 3.53% , 5Y: 2.92% , 10Y: 2.12% , 20Y: 2.31% , 25Y: 2.29%

In 2021, the portfolio granted a 3.41% dividend yield. If you are interested in getting periodic income, please refer to the DFA Dimensional Retirement Income Fund Portfolio: Dividend Yield page.

Historical Returns

Historical returns and stats of DFA Dimensional Retirement Income Fund Portfolio. Total Returns and Inflation Adjusted Returns are both mentioned.

DFA DIMENSIONAL RETIREMENT INCOME FUND PORTFOLIO
Last Update: 31 December 2021
Swipe left to see all data
Period Return
Dec 2021
update
Return
Inflation
Adjusted
Standard
Deviation(*)
Max
Drawdown
Months
Pos - Neg
1M
Dec 2021
+1.12%
+0.65%
0.00%
1 - 0
3M
+2.55%
+0.33%
-0.14%
Nov 2021 - Nov 2021
2 - 1
6M
+3.34%
-0.06%
-1.33%
Sep 2021 - Sep 2021
4 - 2
YTD
+7.04%
-0.08%
2.99%
-1.33%
Sep 2021 - Sep 2021
9 - 3
75% pos
1Y
+7.04%
-0.08%
2.99%
-1.33%
Sep 2021 - Sep 2021
9 - 3
75% pos
3Y
+8.67%
annualized
+4.96%
annualized
4.43%
-4.64%
Feb 2020 - Mar 2020
27 - 9
75% pos
5Y
+6.08%
annualized
+3.07%
annualized
3.93%
-4.64%
Feb 2020 - Mar 2020
45 - 15
75% pos
10Y
+4.54%
annualized
+2.38%
annualized
3.77%
-4.64%
Feb 2020 - Mar 2020
83 - 37
69% pos
20Y
+5.28%
annualized
+2.90%
annualized
4.46%
-12.91%
Jun 2008 - Feb 2009
169 - 71
70% pos
25Y
+5.73%
annualized
+3.36%
annualized
4.43%
-12.91%
Jun 2008 - Feb 2009
210 - 90
70% pos
MAX
01 Jan 1994
+5.88%
annualized
+3.45%
annualized
4.49%
-12.91%
Jun 2008 - Feb 2009
235 - 101
70% pos
(*)Annualized St.Dev. of monthly returns

Portfolio efficiency

Is the DFA Dimensional Retirement Income Fund Portfolio actually efficient, compared to other Lazy Portfolios?

Best Classic Portfolios, with Low Risk, ordered by 25 Years annualized return.

25 Years Stats
% Allocation
Portfolio Return Drawdown Stocks Bonds Comm.
High Yield Bonds Income
+6.94% -23.98% 0 100 0 Compare
All Country World 20/80
+6.13% -14.04% 20 80 0 Compare
Stocks/Bonds 20/80
+6.06% -8.42% 20 80 0 Compare
Vanguard LifeStrategy Income Fund
Vanguard
+5.87% -10.54% 20 80 0 Compare
US Inflation Protection
+5.79% -11.79% 0 100 0 Compare

See all portfolios

Our overall ratings, assigned to the DFA Dimensional Retirement Income Fund Portfolio. The portfolio is classified as Low Risk.

Very High Risk
Bond weight:
Less than 25%
High Risk
Bond weight:
25% - 49.99%
Medium Risk
Bond weight:
50% - 74.99%
Low Risk
Bond weight:
At least 75%
Low Risk
Portfolios
All
Portfolios
25 Years Ann. Return
(Inflation Adjusted)
+5.73%
(+3.36%)
Excellent : 4.3 / 5
Average : 2.1 / 5
Standard Deviation
over 25 Years
4.43%
Average : 2.1 / 5
Excellent : 4.7 / 5
Maximum Drawdown
over 25 Years
-12.91%
Bad : 1.8 / 5
Excellent : 4.4 / 5
Easy to manage 7 ETFs
Bad : 2 / 5
Bad : 2 / 5
Rating assigned considering all the Low Risk Portfolios Rating assigned considering all the Portfolios in the database

Capital Growth

Time Range:

An investment of 1000$, since January 1997, now would be worth 4022.17$, with a total return of 302.22% (5.73% annualized).

The Inflation Adjusted Capital now would be 2283.89$, with a net total return of 128.39% (3.36% annualized).

Drawdowns

Time Range:

Worst drawdowns since January 1997 - Chart and Data

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-12.91% Jun 2008 Feb 2009 9 Sep 2009 7 16
-4.64% Feb 2020 Mar 2020 2 Jun 2020 3 5
-4.34% May 2013 Jun 2013 2 Feb 2014 8 10
-3.41% May 2015 Sep 2015 5 Jun 2016 9 14
-3.15% Sep 2018 Dec 2018 4 Mar 2019 3 7
-3.06% Apr 2004 Apr 2004 1 Sep 2004 5 6
-2.88% Aug 2011 Sep 2011 2 Nov 2011 2 4
-2.13% Aug 1997 Aug 1997 1 Sep 1997 1 2
-2.01% Aug 1998 Aug 1998 1 Sep 1998 1 2
-1.95% Sep 2014 Sep 2014 1 Feb 2015 5 6
-1.91% May 2010 May 2010 1 Sep 2010 4 5
-1.82% Feb 1999 Feb 1999 1 Apr 1999 2 3
-1.66% Apr 2000 May 2000 2 Jun 2000 1 3
-1.65% Jul 2003 Jul 2003 1 Sep 2003 2 3
-1.59% Mar 1997 Mar 1997 1 Apr 1997 1 2
-1.59% Aug 2001 Sep 2001 2 Oct 2001 1 3
-1.57% Feb 2001 Mar 2001 2 Apr 2001 1 3
-1.56% Sep 2020 Oct 2020 2 Nov 2020 1 3
-1.35% Oct 2016 Nov 2016 2 Jan 2017 2 4
-1.33% Feb 2018 Feb 2018 1 Aug 2018 6 7

Rolling Returns ( more details)

DFA Dimensional Retirement Income Fund Portfolio: annualized rolling and average returns

Swipe left to see all data
Return (*) Negative
Periods
Rolling Period Average Best Worst
1 Year
+6.14% +18.82%
Jan 1995 - Dec 1995
-12.74%
Mar 2008 - Feb 2009
8.00%
2 Years
+5.96% +13.38%
Dec 1994 - Nov 1996
-2.44%
Mar 2007 - Feb 2009
1.92%
3 Years
+5.84% +12.10%
Jan 1995 - Dec 1997
+0.33%
Mar 2006 - Feb 2009
0.00%
5 Years
+5.67% +10.27%
Jan 1995 - Dec 1999
+2.16%
Mar 2004 - Feb 2009
0.00%
7 Years
+5.57% +9.03%
Jun 1994 - May 2001
+2.41%
Apr 2013 - Mar 2020
0.00%
10 Years
+5.62% +8.58%
Jan 1995 - Dec 2004
+3.69%
Mar 2008 - Feb 2018
0.00%
15 Years
+5.55% +7.37%
Dec 1994 - Nov 2009
+4.15%
Apr 2005 - Mar 2020
0.00%
20 Years
+5.56% +6.82%
Jul 1994 - Jun 2014
+4.64%
Apr 2000 - Mar 2020
0.00%

* Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the DFA Dimensional Retirement Income Fund Portfolio: Rolling Returns page.

Seasonality

DFA Dimensional Retirement Income Fund Portfolio Seasonality: in which months is it better to invest?

In the table below, the average monthly return is represented.

Below each return, it's also mentioned the probability of obtaining a positive monthly result (Win %).

Both the Average Return and the Gain Frequency are useful to get an idea of what happened in the past.

Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Win %
0.73
79%
0.15
71%
0.32
61%
0.83
82%
0.43
61%
0.34
71%
0.68
71%
0.38
71%
0.23
57%
0.44
75%
0.67
75%
0.64
64%
Best
Year
2.5
2019
1.8
1995
4.9
2009
3.2
2020
3.5
2003
2.1
2000
3.6
1997
2.1
2000
2.4
1997
2.8
2011
2.9
2020
4.0
2008
Worst
Year
-1.3
2009
-3.1
2009
-3.6
2020
-3.1
2004
-1.9
2010
-2.5
2013
-1.6
2003
-2.1
1997
-4.0
2008
-7.4
2008
-1.0
2010
-1.2
2018
Statistics calculated for the period Jan 1994 - Dec 2021

For further information about the seasonality, check the Asset Class Seasonality page.

Monthly/Yearly Returns

DFA Dimensional Retirement Income Fund Portfolio monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
235 Positive Months (70%) - 101 Negative Months (30%)
Jan 1994 - Dec 2021
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2021
+7.04 -0.08 0.2 -0.2 0.6 1.7 0.9 0.3 1.7 0.4 -1.3 1.5 -0.1 1.1
2020
+8.69 +7.30 0.8 -1.1 -3.6 3.2 1.3 1.1 2.0 1.9 -0.8 -0.7 2.9 1.7
2019
+10.30 +7.86 2.5 0.6 1.3 1.0 -0.7 2.0 0.2 0.5 0.0 0.6 0.7 1.1
2018
-1.96 -3.80 0.5 -1.3 0.2 0.0 0.5 0.2 0.4 0.7 -0.5 -2.2 0.7 -1.2
2017
+6.78 +4.58 1.1 0.8 0.2 0.7 0.4 -0.3 0.9 0.6 0.1 0.6 0.5 0.8
2016
+4.66 +2.55 -0.1 0.5 2.4 0.4 -0.3 1.2 1.1 -0.2 0.6 -0.6 -0.8 0.4
2015
-0.87 -1.50 1.4 0.5 -0.4 0.9 -0.3 -0.9 0.3 -1.8 -0.8 1.5 -0.2 -1.0
2014
+2.89 +2.23 0.4 1.2 -0.2 0.8 1.5 0.6 -0.4 0.9 -2.0 0.7 0.6 -1.0
2013
+1.29 -0.22 0.7 0.2 0.7 0.9 -1.9 -2.5 1.7 -1.4 2.1 1.2 0.0 -0.3
2012
+7.36 +5.50 2.4 0.8 -0.1 0.8 -1.0 0.7 1.0 0.6 1.0 0.2 0.6 0.2
2011
+6.06 +2.91 0.6 1.0 0.5 2.0 0.0 0.1 1.6 -0.9 -2.0 2.8 0.3 0.0
2010
+6.92 +5.41 0.0 0.1 1.3 1.5 -1.9 0.1 1.6 0.1 2.4 2.1 -1.0 0.6
2009
+12.97 +9.88 -1.3 -3.1 4.9 1.5 2.7 0.1 2.1 1.3 2.2 0.1 2.5 -0.5
2008
-7.45 -7.43 0.8 0.6 0.0 -0.2 0.4 -0.6 -0.5 0.3 -4.0 -7.4 -0.6 4.0
2007
+9.18 +4.87 0.6 0.9 0.7 1.3 0.3 -0.2 0.8 0.6 1.6 1.5 1.0 -0.3
2006
+5.72 +3.11 1.1 0.1 -0.4 0.6 -0.7 0.3 0.9 1.4 0.5 0.9 1.2 -0.5
2005
+4.07 +0.71 -0.4 0.4 -0.4 0.6 0.9 0.5 -0.4 1.4 0.5 -1.1 0.9 1.0
2004
+7.31 +3.84 1.0 1.5 0.7 -3.1 1.2 0.3 -0.2 1.6 0.4 1.1 0.9 1.7
2003
+11.38 +9.15 -0.3 1.5 -0.8 1.6 3.5 0.1 -1.6 1.4 1.7 1.6 0.4 1.9
2002
+5.44 +2.88 -0.1 0.7 0.4 0.9 0.8 -0.4 -0.5 2.0 -0.4 -0.3 0.9 1.2
2001
+2.76 +1.14 1.8 -0.8 -0.8 1.8 0.6 -0.4 0.6 -0.6 -1.0 1.8 -0.1 -0.2
2000
+7.94 +4.36 -0.8 1.6 2.6 -1.1 -0.6 2.1 0.2 2.1 -0.8 0.5 0.2 1.7
1999
+4.99 +2.26 0.9 -1.8 1.2 1.5 -1.2 0.9 -0.5 -0.2 0.4 1.5 0.7 1.5
1998
+10.20 +8.46 1.1 1.4 1.2 0.6 0.1 1.1 0.1 -2.0 2.1 1.4 1.7 1.1
1997
+11.97 +10.10 0.6 0.3 -1.6 2.1 2.0 2.0 3.6 -2.1 2.4 -0.1 1.1 1.1
1996
+5.90 +2.44 0.8 -1.4 -0.1 0.0 0.2 1.0 -0.8 0.0 2.4 2.1 2.8 -1.1
1995
+18.82 +15.88 1.5 1.8 1.3 1.4 3.3 0.8 0.8 1.0 1.5 0.6 1.8 1.6
1994
-2.17 -4.65 2.4 -2.4 -3.0 -0.3 0.0 -0.4 2.1 0.9 -1.8 0.4 -0.8 1.0

* Note:
Portofolio Returns, up to December 2006, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets, instead of the actual ETFs of the portfolio.

In particular, it has been used:

  • DFUSX - DFA US Large Company I: simulated historical serie, up to December 1999
  • DFEOX - DFA US Core Equity 1: simulated historical serie, up to December 2005
  • DFIEX - DFA International Core Equity I: simulated historical serie, up to December 2005
  • DFCEX - DFA Emerging Markets Core Equity I: simulated historical serie, up to December 2005
  • DIPSX - DFA Inflation-Protected Securities I: simulated historical serie, up to December 2006
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