DFQTX Performance — U.s. Core Equity 2 Portfolio, Institutional Class Shares
Data updated: 2026-09-24
DFQTX returned +12.46% year to date and +21.79% over one year to Jul 2026. Annualised returns are +17.88% over 3 years and +12.08% over 5 years. Against its US Large Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $164, against $156 for the category, and to $122 over one year, against $122. Volatility over the past three years was 13.16% a year. In the 12 months to Jul 2026 the fund lost a net $2.4B, and assets reached $38.77B.
DFQTX Growth of $100
What $100 invested in U.s. Core Equity 2 Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | DFQTX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $122 | $122 |
| 3 years (Aug 2023 – Jul 2026) | $164 | $156 |
| 5 years (Aug 2021 – Jul 2026) | $177 | $168 |
| Since data start (Aug 2019 – Jul 2026) | $264 | $226 |
DFQTX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.46% |
| 1 year | +21.79% |
| 3 years (annualised) | +17.88% |
| 5 years (annualised) | +12.08% |
DFQTX Annual Returns
Calendar-year total returns of U.s. Core Equity 2 Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.46% |
| 2025 | +15.99% |
| 2024 | +20.27% |
| 2023 | +21.86% |
| 2022 | −14.23% |
| 2021 | +28.51% |
| 2020 | +15.69% |
| 2019 (Aug–Dec) | +8.45% |
DFQTX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.7% | +0.8% | −4.8% | +8.8% | +3.8% | +0.9% | +0.1% | — | — | — | — | — |
| 2025 | +3.0% | −1.6% | −5.5% | −1.9% | +6.2% | +5.0% | +2.2% | +3.0% | +2.5% | +0.9% | +1.1% | +0.5% |
| 2024 | +0.5% | +5.2% | +4.0% | −4.7% | +4.9% | +1.5% | +3.3% | +1.5% | +1.6% | −0.8% | +6.9% | −4.7% |
| 2023 | +6.9% | −2.1% | +0.5% | +0.6% | −1.4% | +7.7% | +3.8% | −2.1% | −4.5% | −3.2% | +8.6% | +6.3% |
| 2022 | −5.3% | −1.3% | +2.3% | −7.5% | +1.0% | −8.8% | +9.0% | −3.5% | −9.1% | +10.0% | +5.8% | −5.5% |
| 2021 | +0.3% | +5.2% | +4.7% | +4.3% | +1.3% | +0.8% | +1.2% | +2.5% | −4.1% | +5.9% | −1.4% | +5.0% |
| 2020 | −1.9% | −9.1% | −16.5% | +13.7% | +5.5% | +2.1% | +5.1% | +6.4% | −3.5% | −0.8% | +12.9% | +5.2% |
| 2019 | — | — | — | — | — | — | — | −3.4% | +2.7% | +2.1% | +3.8% | +3.1% |
DFQTX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.16%
- 3-year Sharpe ratio: 1.02 (vs 4.5% risk-free rate)
- Best month: +8.85% (Apr 2026)
- Worst month: −5.48% (Mar 2025)
DFQTX Fund Flows
Monthly money in and out of U.s. Core Equity 2 Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$2.4B
- 12-month gross sales (incl. reinvestments): $5.4B
- Sales ÷ redemptions: 0.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $588.3M | $831.1M | −$242.9M |
| Jun 2026 | $310.5M | $580.5M | −$270.0M |
| May 2026 | $194.3M | $377.5M | −$183.2M |
| Apr 2026 | $287.4M | $438.6M | −$151.2M |
| Mar 2026 | $311.5M | $346.4M | −$34.8M |
| Feb 2026 | $739.4M | $886.9M | −$147.5M |
| Jan 2026 | $293.2M | $516.8M | −$223.7M |
| Dec 2025 | $461.7M | $756.8M | −$295.1M |
| Nov 2025 | $352.7M | $485.5M | −$132.8M |
| Oct 2025 | $836.9M | $1.2B | −$371.3M |
| Sep 2025 | $766.7M | $896.3M | −$129.6M |
| Aug 2025 | $224.6M | $472.0M | −$247.4M |
DFQTX Assets Under Management
Net assets of U.s. Core Equity 2 Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $38.77B |
| 2026-04-30 | $37.77B |
| 2026-01-31 | $36.57B |
| 2025-10-31 | $35.77B |
| 2025-07-31 | $34.37B |
| 2025-04-30 | $30.61B |
| 2025-01-31 | $34.09B |
| 2024-10-31 | $33.74B |
| 2024-07-31 | $33.89B |
| 2024-04-30 | $31.82B |
| 2024-01-31 | $31.54B |
| 2023-10-31 | $27.93B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.