DFA One-Year Fixed-Income I (DFIHX): Historical Returns

Data Source: from January 1871 to January 2024 (~153 years)
Consolidated Returns as of 31 January 2024
Live Update: Feb 23 2024
Category: Fixed Income
DFA One-Year Fixed-Income I (DFIHX) Fund
FUND • LIVE PERFORMANCE (USD currency)
0.10%
1 Day
Feb 23 2024
0.39%
Current Month
February 2024

In the last 30 Years, the DFA One-Year Fixed-Income I (DFIHX) Fund obtained a 2.76% compound annual return, with a 0.89% standard deviation.

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The DFA One-Year Fixed-Income I (DFIHX) Fund is part of the following Lazy Portfolios:

Portfolio Name Author DFIHX Weight Currency
Dimensional Retirement Income Fund DFA 32.00% USD

Investment Returns as of Jan 31, 2024

The DFA One-Year Fixed-Income I (DFIHX) Fund guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
DFA ONE-YEAR FIXED-INCOME I (DFIHX) FUND
Consolidated returns as of 31 January 2024
Live Update: Feb 23 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Jan 31, 2024
  1 Day Time ET(*) Feb 2024 1M 6M 1Y 5Y 10Y 30Y MAX
(~153Y)
DFA One-Year Fixed-Income I (DFIHX) Fund 0.10 0.39 0.52 2.82 5.05 1.37 1.12 2.76 4.28
US Inflation Adjusted return 0.21 1.14 1.88 -2.68 -1.62 0.22 2.12
Returns over 1 year are annualized | Available data source: since Jan 1871
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Current inflation (annualized) is 1Y: 3.11% , 5Y: 4.16% , 10Y: 2.79% , 30Y: 2.53%

In 2023, the DFA One-Year Fixed-Income I (DFIHX) Fund granted a 3.47% dividend yield. If you are interested in getting periodic income, please refer to the DFA One-Year Fixed-Income I (DFIHX) Fund: Dividend Yield page.

Capital Growth as of Jan 31, 2024

An investment of 1$, since February 1994, now would be worth 2.26$, with a total return of 126.14% (2.76% annualized).

The Inflation Adjusted Capital now would be 1.07$, with a net total return of 6.83% (0.22% annualized).
An investment of 1$, since January 1871, now would be worth 614.30$, with a total return of 61329.68% (4.28% annualized).

The Inflation Adjusted Capital now would be 24.75$, with a net total return of 2375.26% (2.12% annualized).

Investment Metrics as of Jan 31, 2024

Metrics of DFA One-Year Fixed-Income I (DFIHX) Fund, updated as of 31 January 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
DFA ONE-YEAR FIXED-INCOME I (DFIHX) FUND
Advanced Metrics
Data Source: 1 January 1871 - 31 January 2024 (~153 years)
Swipe left to see all data
Metrics as of Jan 31, 2024
1M 3M 6M 1Y 3Y 5Y 10Y 20Y 30Y MAX
(~153Y)
Investment Return (%) 0.52 1.39 2.82 5.05 1.34 1.37 1.12 1.66 2.76 4.28
Infl. Adjusted Return (%) details 0.21 0.68 1.14 1.88 -4.09 -2.68 -1.62 -0.89 0.22 2.12
US Inflation (%) 0.31 0.70 1.66 3.11 5.66 4.16 2.79 2.57 2.53 2.12
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Deepest Drawdown Depth (%) 0.00 -2.16 -2.16 -2.16 -2.16 -2.16 -6.12
Start to Recovery (# months) details 18 18 18 18 18 7
Start (yyyy mm) - 2021 11 2021 11 2021 11 2021 11 2021 11 1971 04
Start to Bottom (# months) - 11 11 11 11 11 4
Bottom (yyyy mm) - 2022 09 2022 09 2022 09 2022 09 2022 09 1971 07
Bottom to End (# months) - 7 7 7 7 7 3
End (yyyy mm) - 2023 04 2023 04 2023 04 2023 04 2023 04 1971 10
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-1.85
Start to Recovery (# months) details 22
Start (yyyy mm) - 2021 11 2021 11 2021 11 2021 11 2021 11 1941 08
Start to Bottom (# months) - 11 11 11 11 11 7
Bottom (yyyy mm) - 2022 09 2022 09 2022 09 2022 09 2022 09 1942 02
Bottom to End (# months) - 7 7 7 7 7 15
End (yyyy mm) - 2023 04 2023 04 2023 04 2023 04 2023 04 1943 05
Longest negative period (# months) details 0 26 42 42 42 42 42
Period Start (yyyy mm) - 2021 02 2019 05 2019 05 2019 05 2019 05 2019 05
Period End (yyyy mm) - 2023 03 2022 10 2022 10 2022 10 2022 10 2022 10
Annualized Return (%) - -0.10 -0.02 -0.02 -0.02 -0.02 -0.02
Deepest Drawdown Depth (%) -0.33 -13.72 -15.89 -17.43 -21.77 -21.77 -43.58
Start to Recovery (# months) details 2 36* 44* 108* 176* 176* 149
Start (yyyy mm) 2023 02 2021 02 2020 06 2015 02 2009 06 2009 06 1915 04
Start to Bottom (# months) 1 21 29 93 161 161 63
Bottom (yyyy mm) 2023 02 2022 10 2022 10 2022 10 2022 10 2022 10 1920 06
Bottom to End (# months) 1 15 15 15 15 15 86
End (yyyy mm) 2023 03 - - - - - 1927 08
Longest Drawdown Depth (%) -0.11
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
-42.58
Start to Recovery (# months) details 2 566
Start (yyyy mm) 2023 04 2021 02 2020 06 2015 02 2009 06 2009 06 1939 06
Start to Bottom (# months) 1 21 29 93 161 161 169
Bottom (yyyy mm) 2023 04 2022 10 2022 10 2022 10 2022 10 2022 10 1953 06
Bottom to End (# months) 1 15 15 15 15 15 397
End (yyyy mm) 2023 05 - - - - - 1986 07
Longest negative period (# months) details 1 36* 60* 120* 240* 326 637
Period Start (yyyy mm) 2023 02 2021 02 2019 02 2014 02 2004 02 1996 01 1933 02
Period End (yyyy mm) 2023 02 2024 01 2024 01 2024 01 2024 01 2023 02 1986 02
Annualized Return (%) -3.88 -4.09 -2.68 -1.62 -0.89 0.00 -0.01
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y 20Y 30Y MAX
Standard Deviation (%) 0.50 1.10 0.88 0.68 0.73 0.89 2.56
Sharpe Ratio -0.09 -0.79 -0.46 -0.02 0.46 0.56 0.11
Sortino Ratio -0.12 -1.08 -0.62 -0.03 0.68 0.82 0.17
Ulcer Index 0.00 0.91 0.71 0.50 0.36 0.30 0.72
Ratio: Return / Standard Deviation 10.07 1.22 1.56 1.64 2.26 3.11 1.67
Ratio: Return / Deepest Drawdown - 0.62 0.63 0.52 0.77 1.28 0.70
% Positive Months details 100% 75% 83% 81% 83% 86% 77%
Positive Months 12 27 50 98 200 312 1426
Negative Months 0 9 10 22 40 48 411
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Best 10 Years Return (%) - Annualized 1.12 2.22 5.07 10.92
Worst 10 Years Return (%) - Annualized 0.55 0.55 0.55
Best 10 Years Return (%) - Annualized -1.62 0.22 2.57 9.43
Worst 10 Years Return (%) - Annualized -1.96 -1.96 -4.96
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y 20Y 30Y MAX
Over the latest 30Y
Best Rolling Return (%) - Annualized 7.98 6.58 6.01 5.07 3.61 2.76
Worst Rolling Return (%) - Annualized -2.16 -0.42 0.47 0.55 1.46
% Positive Periods 95% 97% 100% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 95.10 30.17 18.70 9.42 4.80 4.01
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - 0.26
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 5.90 3.95 3.55 2.57 1.18 0.22
Worst Rolling Return (%) - Annualized -9.75 -5.39 -3.16 -1.96 -1.03
% Positive Periods 50% 46% 48% 51% 68% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 95.10 30.17 18.70 9.42 4.80 4.01
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - 0.26
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Jan 1871 - Jan 2024)
Best Rolling Return (%) - Annualized 22.25 15.96 13.24 10.92 8.79 7.73
Worst Rolling Return (%) - Annualized -3.16 -0.42 0.37 0.55 0.96 1.71
% Positive Periods 95% 99% 100% 100% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 89.02 27.15 14.80 7.51 3.41 2.30
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 30.51 16.52 16.03 9.43 8.84 6.92
Worst Rolling Return (%) - Annualized -17.74 -11.90 -10.61 -4.96 -2.73 -1.21
% Positive Periods 62% 68% 69% 71% 82% 86%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 89.02 27.15 14.80 7.51 3.41 2.30
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Jan 31, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of DFA One-Year Fixed-Income I (DFIHX) Fund vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

DFA ONE-YEAR FIXED-INCOME I (DFIHX) FUND
Monthly correlations as of 31 January 2024
Swipe left to see all data
Correlation vs DFIHX
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
VTI
US Total Stock Market
0.23
0.25
0.18
0.02
0.02
SPY
US Large Cap
0.29
0.26
0.19
0.04
0.04
IJR
US Small Cap
-0.13
0.13
0.07
-0.05
-0.05
VNQ
US REITs
0.13
0.18
0.19
0.04
0.05
QQQ
US Technology
0.25
0.33
0.24
0.01
0.00
PFF
Preferred Stocks
0.05
0.30
0.27
0.24
0.24
EFA
EAFE Stocks
0.25
0.32
0.24
0.03
0.05
VT
World All Countries
0.25
0.28
0.21
0.02
0.03
EEM
Emerging Markets
0.31
0.25
0.22
0.04
0.05
VGK
Europe
0.13
0.29
0.23
0.08
0.09
VPL
Pacific
0.35
0.34
0.24
0.00
0.02
FLLA
Latin America
0.14
0.05
0.07
0.01
0.01
BND
US Total Bond Market
0.47
0.55
0.55
0.55
0.56
TLT
Long Term Treasuries
0.32
0.36
0.37
0.36
0.37
BIL
US Cash
0.62
0.69
0.64
0.66
0.65
TIP
TIPS
0.50
0.45
0.46
0.45
0.47
LQD
Invest. Grade Bonds
0.45
0.51
0.50
0.48
0.48
HYG
High Yield Bonds
0.47
0.42
0.36
0.19
0.20
CWB
US Convertible Bonds
0.02
0.18
0.16
0.02
0.02
BNDX
International Bonds
0.45
0.53
0.48
0.36
0.37
EMB
Emerg. Market Bonds
0.30
0.40
0.38
0.26
0.27
GLD
Gold
0.59
0.21
0.24
0.09
0.08
DBC
Commodities
0.29
-0.14
-0.06
0.01
0.01

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

DFA ONE-YEAR FIXED-INCOME I (DFIHX) FUND
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1871 - 31 January 2024 (~153 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-2.16% Nov 2021 Sep 2022 11 Apr 2023 7 18 1.27
-0.53% Apr 2004 Jun 2004 3 Aug 2004 2 5 0.33
-0.44% Sep 2008 Sep 2008 1 Oct 2008 1 2 0.26
-0.35% Mar 2002 Mar 2002 1 Apr 2002 1 2 0.20
-0.35% Dec 2009 Dec 2009 1 Feb 2010 2 3 0.18
-0.29% Feb 1994 Apr 1994 3 Jun 1994 2 5 0.18
-0.27% Jul 2003 Jul 2003 1 Sep 2003 2 3 0.16
-0.23% Nov 2004 Nov 2004 1 Jan 2005 2 3 0.12
-0.18% Oct 2003 Oct 2003 1 Dec 2003 2 3 0.12
-0.18% Nov 2015 Dec 2015 2 Jan 2016 1 3 0.11
-0.17% Dec 2014 Dec 2014 1 Jan 2015 1 2 0.10
-0.14% Nov 2010 Nov 2010 1 Feb 2011 3 4 0.08
-0.12% Nov 2016 Nov 2016 1 Jan 2017 2 3 0.07
-0.11% Nov 2002 Nov 2002 1 Dec 2002 1 2 0.06
-0.10% Feb 2009 Feb 2009 1 Mar 2009 1 2 0.06
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 284 1.3 Months 78.67%
 
DD = 0% 78.67%
 
0% < DD <= -5% 77 4.7 Months 21.33%
 
DD <= -5% 100.00%
 
-5% < DD <= -10% 0 - 0.00%
 
DD <= -10% 100.00%
 
-10% < DD <= -15% 0 - 0.00%
 
DD <= -15% 100.00%
 
-15% < DD <= -20% 0 - 0.00%
 
DD <= -20% 100.00%
 
-20% < DD <= -25% 0 - 0.00%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-21.77% Jun 2009 Oct 2022 161 in progress 15 176 10.00
-5.11% Jun 2003 Sep 2005 28 Nov 2008 38 66 2.61
-0.90% Feb 1994 Apr 1994 3 Jan 1995 9 12 0.65
-0.63% Mar 2002 Mar 2002 1 Jun 2002 3 4 0.36
-0.61% Jan 2009 Feb 2009 2 Apr 2009 2 4 0.29
-0.61% Jan 2003 Mar 2003 3 May 2003 2 5 0.38
-0.27% Nov 2002 Nov 2002 1 Dec 2002 1 2 0.16
-0.23% Apr 1999 Apr 1999 1 Jun 1999 2 3 0.13
-0.19% Jul 1999 Aug 1999 2 Oct 1999 2 4 0.10
-0.17% May 2001 May 2001 1 Jul 2001 2 3 0.09
-0.10% Jan 2000 Jan 2000 1 Feb 2000 1 2 0.06
-0.09% Jan 1996 Jan 1996 1 Feb 1996 1 2 0.05
-0.08% Mar 2000 Mar 2000 1 Apr 2000 1 2 0.05
-0.04% Apr 1996 Apr 1996 1 May 1996 1 2 0.02
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 87 4.1 Months 24.10%
 
DD = 0% 24.10%
 
0% < DD <= -5% 144 2.5 Months 39.89%
 
DD <= -5% 63.99%
 
-5% < DD <= -10% 95 3.8 Months 26.32%
 
DD <= -10% 90.30%
 
-10% < DD <= -15% 9 40.1 Months 2.49%
 
DD <= -15% 92.80%
 
-15% < DD <= -20% 6 60.2 Months 1.66%
 
DD <= -20% 94.46%
 
-20% < DD <= -25% 20 18.1 Months 5.54%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-6.12% Apr 1971 Jul 1971 4 Oct 1971 3 7 3.59
-5.17% Jul 1895 Jan 1896 7 Nov 1896 10 17 2.93
-4.74% Mar 1970 May 1970 3 Oct 1970 5 8 2.46
-4.46% Oct 1931 Jan 1932 4 Jul 1932 6 10 2.10
-4.22% Feb 1898 Apr 1898 3 Jul 1898 3 6 2.44
-4.12% Jun 1939 Sep 1939 4 Mar 1941 18 22 1.74
-3.39% Jul 1958 Sep 1958 3 Feb 1960 17 20 1.74
-3.02% Jun 1902 Jul 1902 2 Sep 1902 2 4 1.89
-2.80% Feb 1980 Feb 1980 1 Apr 1980 2 3 1.58
-2.69% Sep 1968 Dec 1968 4 Apr 1969 4 8 1.19
-2.68% Mar 1975 Apr 1975 2 Jun 1975 2 4 1.52
-2.63% Jul 1873 Oct 1873 4 Dec 1873 2 6 1.50
-2.58% Jul 1875 Jul 1875 1 Dec 1875 5 6 1.62
-2.42% Nov 1969 Dec 1969 2 Feb 1970 2 4 1.29
-2.32% Mar 1957 Jul 1957 5 Nov 1957 4 9 1.39
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 1179 1.6 Months 64.15%
 
DD = 0% 64.15%
 
0% < DD <= -5% 655 2.8 Months 35.64%
 
DD <= -5% 99.78%
 
-5% < DD <= -10% 4 459.5 Months 0.22%
 
DD <= -10% 100.00%
 
-10% < DD <= -15% 0 - 0.00%
 
DD <= -15% 100.00%
 
-15% < DD <= -20% 0 - 0.00%
 
DD <= -20% 100.00%
 
-20% < DD <= -25% 0 - 0.00%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-43.58% Apr 1915 Jun 1920 63 Aug 1927 86 149 20.49
-42.58% Jun 1939 Jun 1953 169 Jul 1986 397 566 28.90
-21.77% Jun 2009 Oct 2022 161 in progress 15 176 10.00
-17.56% Jul 1879 Jan 1880 7 Jun 1883 41 48 9.65
-15.20% Aug 1897 Apr 1900 33 May 1904 49 82 8.41
-11.31% Jul 1892 Feb 1893 8 Aug 1893 6 14 6.01
-9.60% Jul 1933 Sep 1937 51 May 1939 20 71 5.20
-9.60% Jun 1908 Apr 1910 23 Oct 1910 6 29 4.95
-7.98% Jul 1876 Jan 1877 7 Jun 1877 5 12 3.77
-7.78% Sep 1871 Apr 1872 8 May 1873 13 21 4.39
-6.97% Jul 1911 Sep 1912 15 Mar 1914 18 33 4.63
-6.49% Apr 1895 Oct 1895 7 Apr 1896 6 13 3.81
-5.39% Aug 1906 Dec 1906 5 Dec 1907 12 17 3.35
-5.11% Jun 2003 Sep 2005 28 Nov 2008 38 66 2.61
-5.10% Jul 1886 Feb 1887 8 May 1888 15 23 2.63
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 360 5.1 Months 19.59%
 
DD = 0% 19.59%
 
0% < DD <= -5% 518 3.5 Months 28.18%
 
DD <= -5% 47.77%
 
-5% < DD <= -10% 273 6.7 Months 14.85%
 
DD <= -10% 62.62%
 
-10% < DD <= -15% 83 22.1 Months 4.52%
 
DD <= -15% 67.14%
 
-15% < DD <= -20% 97 18.9 Months 5.28%
 
DD <= -20% 72.42%
 
-20% < DD <= -25% 103 17.8 Months 5.60%
 
DD <= -25% 78.02%
 
-25% < DD <= -30% 135 13.6 Months 7.34%
 
DD <= -30% 85.36%
 
-30% < DD <= -35% 99 18.6 Months 5.39%
 
DD <= -35% 90.75%
 
-35% < DD <= -40% 126 14.6 Months 6.86%
 
DD <= -40% 97.61%
 
-40% < DD <= -45% 44 41.8 Months 2.39%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

DFA ONE-YEAR FIXED-INCOME I (DFIHX) FUND
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1871 - 31 January 2024 (~153 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -2.16 10/2021
09/2022
0.97$ 0.43 1.00$ 2.20 1.02$ 5.73 1.05$ 7.98 01/1995
12/1995
1.07$ 5.05 4.58%
2Y -1.07 10/2020
09/2022
0.97$ 0.53 1.01$ 1.96 1.03$ 5.74 1.11$ 6.88 01/1995
12/1996
1.14$ 2.31 4.45%
3Y -0.42 11/2019
10/2022
0.98$ 0.53 1.01$ 1.98 1.06$ 5.59 1.17$ 6.58 01/1995
12/1997
1.21$ 1.34 2.15%
5Y 0.47 06/2011
05/2016
1.02$ 0.64 1.03$ 2.69 1.14$ 5.41 1.30$ 6.01 01/1995
12/1999
1.33$ 1.37 0.00%
7Y 0.57 05/2011
04/2018
1.04$ 0.77 1.05$ 2.77 1.21$ 4.44 1.35$ 6.10 12/1994
11/2001
1.51$ 1.39 0.00%
10Y 0.55 10/2012
09/2022
1.05$ 0.92 1.09$ 2.22 1.24$ 4.21 1.51$ 5.07 04/1994
03/2004
1.63$ 1.12 0.00%
15Y 0.97 03/2008
02/2023
1.15$ 1.44 1.23$ 2.08 1.36$ 3.92 1.78$ 4.54 06/1994
05/2009
1.94$ 1.07 0.00%
20Y 1.46 11/2002
10/2022
1.33$ 1.61 1.37$ 2.42 1.61$ 3.24 1.89$ 3.61 05/1994
04/2014
2.03$ 1.66 0.00%
30Y 2.76 02/1994
01/2024
2.26$ 2.76 2.26$ 2.76 2.26$ 2.76 2.26$ 2.76 02/1994
01/2024
2.26$ 2.76 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -9.75 07/2021
06/2022
0.90$ -1.84 0.98$ 0.02 1.00$ 3.56 1.03$ 5.90 10/2008
09/2009
1.05$ 1.88 49.86%
2Y -7.50 11/2020
10/2022
0.85$ -1.62 0.96$ -0.06 0.99$ 3.15 1.06$ 4.26 04/1997
03/1999
1.08$ -2.31 51.34%
3Y -5.39 06/2020
05/2023
0.84$ -1.33 0.96$ -0.22 0.99$ 2.98 1.09$ 3.95 01/1995
12/1997
1.12$ -4.09 53.85%
5Y -3.16 11/2017
10/2022
0.85$ -1.13 0.94$ -0.03 0.99$ 3.01 1.16$ 3.55 01/1995
12/1999
1.19$ -2.68 51.83%
7Y -2.60 03/2016
02/2023
0.83$ -1.02 0.93$ 0.34 1.02$ 2.04 1.15$ 3.57 01/1995
12/2001
1.27$ -2.03 44.40%
10Y -1.96 12/2012
11/2022
0.82$ -0.87 0.91$ 0.03 1.00$ 1.66 1.17$ 2.57 04/1994
03/2004
1.28$ -1.62 48.55%
15Y -1.47 01/2009
12/2023
0.80$ -0.71 0.89$ 0.04 1.00$ 1.45 1.24$ 2.01 06/1994
05/2009
1.34$ -1.45 49.72%
20Y -1.03 11/2002
10/2022
0.81$ -0.92 0.83$ 0.25 1.05$ 0.97 1.21$ 1.18 02/1995
01/2015
1.26$ -0.89 31.40%
30Y 0.22 02/1994
01/2024
1.06$ 0.22 1.06$ 0.22 1.06$ 0.22 1.06$ 0.22 02/1994
01/2024
1.06$ 0.22 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -3.16 06/1939
05/1940
0.96$ 0.93 1.00$ 4.22 1.04$ 7.32 1.07$ 22.25 10/1981
09/1982
1.22$ 5.05 4.49%
2Y -1.07 10/2020
09/2022
0.97$ 1.17 1.02$ 4.17 1.08$ 6.80 1.14$ 17.43 12/1980
11/1982
1.37$ 2.31 1.05%
3Y -0.42 11/2019
10/2022
0.98$ 1.24 1.03$ 4.31 1.13$ 6.59 1.21$ 15.96 03/1980
02/1983
1.55$ 1.34 0.39%
5Y 0.37 06/1935
05/1940
1.01$ 1.27 1.06$ 4.34 1.23$ 6.28 1.35$ 13.24 03/1980
02/1985
1.86$ 1.37 0.00%
7Y 0.57 05/2011
04/2018
1.04$ 1.29 1.09$ 4.36 1.34$ 6.25 1.52$ 12.23 03/1980
02/1987
2.24$ 1.39 0.00%
10Y 0.55 10/2012
09/2022
1.05$ 1.49 1.15$ 4.41 1.54$ 6.20 1.82$ 10.92 03/1980
02/1990
2.81$ 1.12 0.00%
15Y 0.89 06/1938
05/1953
1.14$ 1.82 1.31$ 4.46 1.92$ 6.37 2.52$ 9.43 08/1976
07/1991
3.86$ 1.07 0.00%
20Y 0.96 07/1933
06/1953
1.21$ 2.07 1.50$ 4.42 2.37$ 6.84 3.75$ 8.79 08/1973
07/1993
5.39$ 1.66 0.00%
30Y 1.71 09/1931
08/1961
1.66$ 2.47 2.07$ 4.45 3.69$ 6.90 7.40$ 7.73 06/1970
05/2000
9.33$ 2.76 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -17.74 07/1919
06/1920
0.82$ -3.28 0.96$ 1.60 1.01$ 8.37 1.08$ 30.51 06/1877
05/1878
1.30$ 1.88 37.40%
2Y -13.74 07/1918
06/1920
0.74$ -2.34 0.95$ 1.88 1.03$ 7.16 1.14$ 22.07 07/1920
06/1922
1.49$ -2.31 33.41%
3Y -11.90 02/1917
01/1920
0.68$ -1.93 0.94$ 1.92 1.05$ 6.96 1.22$ 16.52 08/1873
07/1876
1.58$ -4.09 31.47%
5Y -10.61 07/1915
06/1920
0.57$ -1.31 0.93$ 1.78 1.09$ 6.97 1.40$ 16.03 06/1873
05/1878
2.10$ -2.68 30.03%
7Y -6.74 06/1913
05/1920
0.61$ -1.57 0.89$ 1.81 1.13$ 6.56 1.56$ 14.21 05/1872
04/1879
2.53$ -2.03 27.59%
10Y -4.96 05/1941
04/1951
0.60$ -1.20 0.88$ 1.73 1.18$ 6.12 1.81$ 9.43 04/1871
03/1881
2.46$ -1.62 28.17%
15Y -3.33 07/1938
06/1953
0.60$ -0.49 0.92$ 1.64 1.27$ 4.60 1.96$ 9.33 04/1871
03/1886
3.81$ -1.45 21.41%
20Y -2.73 07/1933
06/1953
0.57$ -0.18 0.96$ 1.65 1.38$ 4.16 2.26$ 8.84 05/1872
04/1892
5.43$ -0.89 17.21%
30Y -1.21 07/1933
06/1963
0.69$ 0.15 1.04$ 1.73 1.67$ 3.06 2.46$ 6.92 04/1871
03/1901
7.44$ 0.22 13.46%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the DFA One-Year Fixed-Income I (DFIHX) Fund: Rolling Returns page.

Seasonality

In which months is it better to invest in DFA One-Year Fixed-Income I (DFIHX) Fund?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.16
75%
0.03
75%
0.09
75%
0.09
75%
0.19
100%
0.03
50%
0.16
100%
0.11
75%
0.02
75%
0.15
100%
0.17
80%
0.16
80%
Best 0.5
2024
0.2
2019
0.7
2023
0.3
2023
0.3
2022
0.4
2023
0.4
2023
0.5
2023
0.4
2023
0.5
2023
0.5
2023
0.4
2023
Worst -0.4
2022
-0.2
2022
-0.7
2022
-0.2
2022
0.0
2021
-0.4
2022
0.0
2021
-0.3
2022
-0.5
2022
0.0
2021
-0.1
2021
-0.1
2021
Monthly Seasonality over the period Feb 1871 - Jan 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.16
78%
0.04
89%
0.08
78%
0.07
89%
0.15
89%
0.06
67%
0.11
89%
0.08
67%
0.05
89%
0.10
100%
0.10
60%
0.11
70%
Best 0.5
2024
0.2
2019
0.7
2023
0.3
2023
0.4
2018
0.4
2023
0.4
2023
0.5
2023
0.4
2023
0.5
2023
0.5
2023
0.4
2023
Worst -0.4
2022
-0.2
2022
-0.7
2022
-0.2
2022
0.0
2016
-0.4
2022
0.0
2016
-0.3
2022
-0.5
2022
0.0
2021
-0.1
2015
-0.2
2014
Monthly Seasonality over the period Feb 1871 - Jan 2024
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
Gain Frequency
0.28
78%
0.41
85%
0.42
84%
0.33
78%
0.38
78%
0.36
77%
0.16
65%
0.24
74%
0.35
76%
0.41
81%
0.47
75%
0.42
77%
Best 4.3
1968
5.1
1970
3.7
1971
6.3
1980
3.0
1980
1.8
1970
3.1
1982
3.6
1971
3.1
1902
4.1
1969
5.2
1970
4.3
1873
Worst -2.1
1896
-2.8
1980
-2.1
1898
-3.7
1970
-1.4
1971
-1.6
1902
-2.6
1875
-1.6
1958
-3.1
1939
-3.2
1895
-1.2
1933
-1.8
1969
Monthly Seasonality over the period Feb 1871 - Jan 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the DFA One-Year Fixed-Income I (DFIHX) Fund over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

DFA ONE-YEAR FIXED-INCOME I (DFIHX) FUND
Monthly Returns Distribution
Data Source: 1 February 1994 - 31 January 2024 (30 Years)
Data Source: 1 January 1871 - 31 January 2024 (~153 years)
312 Positive Months (87%) - 48 Negative Months (13%)
1426 Positive Months (78%) - 411 Negative Months (22%)
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(Scroll down to see all data)
Investment Returns, up to December 1983, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

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