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DFA Emerging Markets Targeted Value Portfolio (DEMGX) Sharpe Ratio: 2.27

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The portfolio will seek to achieve its investment objective through exposure to a broad and diverse portfolio of securities, with a focus on small and mid-cap value companies with higher profitability associated with emerging markets, which may include frontier markets, authorized for investment by the Dimensional Fund Advisors LP's (the Advisor) Investment Committee (Approved Markets). As a non-fundamental policy, under normal circumstances, it will invest at least 80% of its net assets in emerging markets equity investments.

DEMGX's Sharpe Ratio of 2.27 indicates that for each unit of volatility, it generates 2.27 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

DEMGX Sharpe Ratio Rank

DEMGX Sharpe Ratio Rank: 71.572
Above Average

DEMGX ranks above 71.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

DEMGX Sharpe Ratio Market Positioning

The chart shows DEMGX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.30 or lower
  • Yellow zone (middle 50%): 1.30 to 2.33
  • Green zone (top 25%): 2.33 or higher
  • Top 1%: 4.28+
  • Median: 1.92 — half of all investments score higher

How it compares to other similar mutual funds

The table compares DFA Emerging Markets Targeted Value Portfolio's Sharpe Ratio with other mutual funds in the Emerging Markets Diversified category across multiple time periods, showing how DEMGX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DEMIXDelaware Emerging Markets Fund6.06
FQEMXFranklin Templeton SMACS: Series EM5.10
LCSMXMartin Currie SMA-Shares Series EM Fund4.58
LVAZXLSV Emerging Markets Equity Fund3.76
LZEMXLazard Emerging Markets Equity Portfolio3.73
GTDDXInvesco EQV Emerging Markets All Cap Fd3.72
GMAQXGMO Emerging Markets ex-China Fund3.69
IEMGXVoya Multi-Manager Emerging Markets Equity Fund3.64
GLLSXabrdn Emerging Markets ex-China Fund3.58
DODEXDodge & Cox Emerging Markets Stock Fund3.47
DEMGXDFA Emerging Markets Targeted Value Portfolio2.27

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows DEMGX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when DEMGX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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How does DEMGX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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