PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
DAADX vs. CEMFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

DAADX vs. CEMFX

Last updated Apr 1, 2026

Compare and contrast key facts about DFA Emerging Markets ex China Core Equity Portfolio (DAADX) and Cullen Emerging Markets High Dividend Fund (CEMFX).

DAADX is managed by Dimensional. It was launched on Nov 14, 2021. CEMFX is managed by Cullen Funds Trust. It was launched on Aug 30, 2012.

Performance

DAADX vs. CEMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Emerging Markets ex China Core Equity Portfolio (DAADX) and Cullen Emerging Markets High Dividend Fund (CEMFX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

DAADX vs. CEMFX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
DAADX
DFA Emerging Markets ex China Core Equity Portfolio		3.12%27.59%3.44%24.58%-15.81%0.20%
CEMFX
Cullen Emerging Markets High Dividend Fund		6.79%31.39%9.51%26.45%-16.15%-0.75%

Returns By Period

In the year-to-date period, DAADX achieves a 3.12% return, which is significantly lower than CEMFX's 6.79% return.

DAADX

1D
-1.26%
1M
-12.78%
YTD
3.12%
6M
10.78%
1Y
34.55%
3Y*
17.39%
5Y*
—
10Y*
—

CEMFX

1D
-0.85%
1M
-11.79%
YTD
6.79%
6M
11.80%
1Y
38.22%
3Y*
21.50%
5Y*
10.64%
10Y*
9.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

DFA Emerging Markets ex China Core Equity Portfolio

Cullen Emerging Markets High Dividend Fund

Often compared with DAADX:
DAADX vs. FRDMDAADX vs. PZVEXDAADX vs. EMXCDAADX vs. AVEMDAADX vs. AVXCDAADX vs. COBYXDAADX vs. WAEMX
Often compared with CEMFX:
CEMFX vs. FTECCEMFX vs. KNGCEMFX vs. STAGCEMFX vs. ZEM.TOCEMFX vs. FHKCXCEMFX vs. GQGIXCEMFX vs. MIEIX

DAADX vs. CEMFX - Expense Ratio Comparison

DAADX has a 0.43% expense ratio, which is lower than CEMFX's 1.00% expense ratio.

CEMFX
Cullen Emerging Markets High Dividend Fund
DAADX
DFA Emerging Markets ex China Core Equity Portfolio

Return for Risk

DAADX vs. CEMFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DAADX
DAADX Risk / Return Rank: 9090
Overall Rank
DAADX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
DAADX Sortino Ratio Rank: 9292
Sortino Ratio Rank
DAADX Omega Ratio Rank: 9090
Omega Ratio Rank
DAADX Calmar Ratio Rank: 8888
Calmar Ratio Rank
DAADX Martin Ratio Rank: 8888
Martin Ratio Rank
CEMFX
CEMFX Risk / Return Rank: 9393
Overall Rank
CEMFX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
CEMFX Sortino Ratio Rank: 9393
Sortino Ratio Rank
CEMFX Omega Ratio Rank: 9292
Omega Ratio Rank
CEMFX Calmar Ratio Rank: 9393
Calmar Ratio Rank
CEMFX Martin Ratio Rank: 9191
Martin Ratio Rank
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.

DAADX vs. CEMFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Emerging Markets ex China Core Equity Portfolio (DAADX) and Cullen Emerging Markets High Dividend Fund (CEMFX). 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.

DAADXCEMFXDifference

Sharpe ratio

Return per unit of total volatility

2.15

2.25

-0.10

Sortino ratio

Return per unit of downside risk

2.71

2.86

-0.15

Omega ratio

Gain probability vs. loss probability

1.41

1.43

-0.02

Calmar ratio

Return relative to maximum drawdown

2.34

2.87

-0.53

Martin ratio

Return relative to average drawdown

9.52

10.73

-1.21

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAADX vs. CEMFX - Sharpe Ratio Comparison

The current DAADX Sharpe Ratio is 2.15, which is comparable to the CEMFX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of DAADX and CEMFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

DAADXCEMFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.15

2.25

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.76

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.64

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.46

+0.16

Correlation

The correlation between DAADX and CEMFX is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DAADX vs. CEMFX - Dividend Comparison

DAADX's dividend yield for the trailing twelve months is around 2.43%, more than CEMFX's 2.03% yield.

TTM20252024202320222021202020192018201720162015
DAADX
DFA Emerging Markets ex China Core Equity Portfolio		2.43%2.28%2.64%2.82%3.02%0.30%0.00%0.00%0.00%0.00%0.00%0.00%
CEMFX
Cullen Emerging Markets High Dividend Fund		2.03%1.72%3.31%4.68%1.26%2.62%2.13%4.16%2.26%3.59%3.65%4.60%

Drawdowns

DAADX vs. CEMFX - Drawdown Comparison

The maximum DAADX drawdown since its inception was -24.98%, smaller than the maximum CEMFX drawdown of -39.30%. Use the drawdown chart below to compare losses from any high point for DAADX and CEMFX.

Loading graphics...

Drawdown Indicators

DAADXCEMFXDifference

Max Drawdown

Largest peak-to-trough decline

-24.98%

-39.30%

+14.32%

Max Drawdown (1Y)

Largest decline over 1 year

-13.14%

-12.41%

-0.73%

Max Drawdown (5Y)

Largest decline over 5 years

—

-28.13%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-39.30%

—

Current Drawdown

Current decline from peak

-13.14%

-12.41%

-0.73%

Average Drawdown

Average peak-to-trough decline

-6.94%

-9.69%

+2.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.23%

3.33%

-0.10%

Volatility

DAADX vs. CEMFX - Volatility Comparison

DFA Emerging Markets ex China Core Equity Portfolio (DAADX) has a higher volatility of 8.67% compared to Cullen Emerging Markets High Dividend Fund (CEMFX) at 6.95%. This indicates that DAADX's price experiences larger fluctuations and is considered to be riskier than CEMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

DAADXCEMFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.67%

6.95%

+1.72%

Volatility (6M)

Calculated over the trailing 6-month period

12.25%

12.42%

-0.17%

Volatility (1Y)

Calculated over the trailing 1-year period

15.92%

16.42%

-0.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.88%

14.09%

-0.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.88%

14.92%

-1.04%