DEXC vs. BBEM

Last updated Jun 24, 2026

DEXC (Dimensional Emerging Markets ex China Core Equity ETF) and BBEM (JPMorgan Betabuilders Emerging Markets Equity ETF) are both Emerging Markets Diversified funds. DEXC is actively managed, while BBEM is passively managed. Over the past year, DEXC returned 55.75% vs 44.01% for BBEM. Their correlation of 0.90 suggests significant overlap in exposure. DEXC charges 0.43%/yr vs 0.15%/yr for BBEM.

Performance

DEXC vs. BBEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional Emerging Markets ex China Core Equity ETF (DEXC) and JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DEXC achieves a 33.63% return, which is significantly higher than BBEM's 21.92% return.

DEXC

• 1D: -6.22%
• 1M: 3.82%
• YTD: 33.63%
• 6M: 34.97%
• 1Y: 55.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBEM

• 1D: -5.86%
• 1M: 2.04%
• YTD: 21.92%
• 6M: 22.38%
• 1Y: 44.01%
• 3Y*: 21.42%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DEXC vs. BBEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DEXC Dimensional Emerging Markets ex China Core Equity ETF	33.63%	27.13%	-1.63%
BBEM JPMorgan Betabuilders Emerging Markets Equity ETF	21.92%	32.43%	-1.97%

Correlation

The correlation between DEXC and BBEM is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (All Time) Calculated using the full available price history since Nov 14, 2024	0.90

The correlation between DEXC and BBEM has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

DEXC vs. BBEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DEXC

DEXC Risk / Return Rank: 82
DEXC Sharpe Ratio Rank: 81
DEXC Sortino Ratio Rank: 73
DEXC Omega Ratio Rank: 83
DEXC Calmar Ratio Rank: 85
DEXC Martin Ratio Rank: 86

BBEM

BBEM Risk / Return Rank: 67
BBEM Sharpe Ratio Rank: 65
BBEM Sortino Ratio Rank: 58
BBEM Omega Ratio Rank: 69
BBEM Calmar Ratio Rank: 71
BBEM Martin Ratio Rank: 72

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.

DEXC vs. BBEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Emerging Markets ex China Core Equity ETF (DEXC) and JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DEXC	BBEM	Difference
Sharpe ratio: Return per unit of total volatility	2.36	1.98	+0.39
Sortino ratio: Return per unit of downside risk	2.96	2.57	+0.39
Omega ratio: Gain probability vs. loss probability	1.45	1.38	+0.07
Calmar ratio: Return relative to maximum drawdown	4.36	3.37	+0.99
Martin ratio: Return relative to average drawdown	16.49	12.56	+3.93

DEXC vs. BBEM - Sharpe Ratio Comparison

The current DEXC Sharpe Ratio is 2.36, which is comparable to the BBEM Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of DEXC and BBEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DEXC vs. BBEM - Drawdown Comparison

The maximum DEXC drawdown since its inception was -15.07%, smaller than the maximum BBEM drawdown of -17.42%. Use the drawdown chart below to compare losses from any high point for DEXC and BBEM.

Drawdown Indicators

	DEXC	BBEM	Difference
Max Drawdown Largest peak-to-trough decline	-15.07%	-17.42%	+2.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.86%	-13.12%	+0.26%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.42%	—
Current Drawdown Current decline from peak	-6.22%	-5.86%	-0.36%
Average Drawdown Average peak-to-trough decline	-2.45%	-3.71%	+1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	3.51%	-0.12%

Volatility

DEXC vs. BBEM - Volatility Comparison

Dimensional Emerging Markets ex China Core Equity ETF (DEXC) has a higher volatility of 13.89% compared to JPMorgan Betabuilders Emerging Markets Equity ETF (BBEM) at 12.60%. This indicates that DEXC's price experiences larger fluctuations and is considered to be riskier than BBEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DEXC	BBEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.89%	12.60%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	22.10%	20.54%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	23.74%	22.39%	+1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.74%	18.48%	+3.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.74%	18.48%	+3.26%

DEXC vs. BBEM - Expense Ratio Comparison

DEXC has a 0.43% expense ratio, which is higher than BBEM's 0.15% expense ratio.

Dividends

DEXC vs. BBEM - Dividend Comparison

DEXC's dividend yield for the trailing twelve months is around 1.97%, less than BBEM's 4.78% yield.

Position	TTM	2025	2024	2023
BBEM JPMorgan Betabuilders Emerging Markets Equity ETF	4.78%	5.86%	2.73%	1.94%
DEXC Dimensional Emerging Markets ex China Core Equity ETF	1.97%	1.97%	0.19%	0.00%

Frequently Asked Questions

Can I hold both DEXC and BBEM in my portfolio?

With a correlation of 0.93, DEXC and BBEM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DEXC or BBEM?

DEXC has higher volatility (13.89%) compared to BBEM (12.60%). In terms of maximum drawdown, DEXC dropped -15.07% vs BBEM's -17.42%.

Which ETF is better, DEXC or BBEM?

On 1-year performance, DEXC leads with 55.75% vs 44.01% for BBEM. On fees, BBEM is cheaper at 0.15% per year. On volatility, BBEM has been the lower-risk option at 12.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DEXC or BBEM?

Over the 1-year period, DEXC has performed better with a 55.75% return vs 44.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DEXC or BBEM?

BBEM is cheaper with a 0.15% expense ratio, compared with 0.43% for DEXC.

Which ETF pays a higher dividend yield, DEXC or BBEM?

BBEM has the higher dividend yield at 4.78%, compared with 1.97% for DEXC.

What is the main difference between DEXC and BBEM?

They also come from different issuers: Dimensional Fund Advisors and JPMorgan. Their fees differ too: 0.43% for DEXC and 0.15% for BBEM.

Which has better risk-adjusted returns?

DEXC currently has the higher Sharpe Ratio (2.36 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.