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DEXC vs. VEE.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DEXC vs. VEE.TO

Last updated Jun 4, 2026

DEXC (Dimensional Emerging Markets ex China Core Equity ETF) and VEE.TO (Vanguard FTSE Emerging Markets All Cap Index ETF) are both exchange-traded funds - DEXC is a Emerging Markets Diversified fund actively managed by Dimensional Fund Advisors, while VEE.TO is a Emerging Markets Equities fund tracking the FTSE Emerging Markets All Cap China A Inclusion Index. DEXC is actively managed, while VEE.TO is passively managed. Over the past year, DEXC returned 63.36% vs 30.02% for VEE.TO. Their correlation of 0.80 suggests significant overlap in exposure. DEXC charges 0.43%/yr vs 0.25%/yr for VEE.TO.

Performance

DEXC vs. VEE.TO - 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 Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

DEXC is traded in USD, while VEE.TO is traded in CAD. To make them comparable, the VEE.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, DEXC achieves a 37.31% return, which is significantly higher than VEE.TO's 12.13% return.

DEXC

1D
-0.88%
1M
11.20%
YTD
37.31%
6M
41.69%
1Y
63.36%
3Y*
—
5Y*
—
10Y*
—

VEE.TO

1D
-1.30%
1M
2.85%
YTD
12.13%
6M
13.41%
1Y
30.02%
3Y*
17.27%
5Y*
4.53%
10Y*
8.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DEXC vs. VEE.TO - Yearly Performance Comparison

2026 (YTD)20252024
DEXC
Dimensional Emerging Markets ex China Core Equity ETF		37.31%27.13%-1.20%
VEE.TO
Vanguard FTSE Emerging Markets All Cap Index ETF		12.13%25.03%-0.81%

Correlation

The correlation between DEXC and VEE.TO is 0.83, 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

0.83

Correlation (All Time)
Calculated using the full available price history since Nov 15, 2024

0.80

The correlation between DEXC and VEE.TO has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.

DEXC vs. VEE.TO - Sectors Allocation Comparison

Sectors
DEXC
VEE.TO

Technology

42.7%
26.3%

Financial Services

13.6%
20.5%

Industrials

9.2%
7.9%

Basic Materials

7.5%
8.4%

Consumer Cyclical

5.6%
11.2%

Consumer Defensive

3.1%
3.9%

Communication Services

2.8%
7.8%

Energy

2.7%
4.7%

Healthcare

2.6%
4.1%

Utilities

1.9%
3.0%

Real Estate

1.3%
2.3%

Technology

DEXC
42.7%
VEE.TO
26.3%

Financial Services

DEXC
13.6%
VEE.TO
20.5%

Industrials

DEXC
9.2%
VEE.TO
7.9%

Basic Materials

DEXC
7.5%
VEE.TO
8.4%

Consumer Cyclical

DEXC
5.6%
VEE.TO
11.2%

Consumer Defensive

DEXC
3.1%
VEE.TO
3.9%

Communication Services

DEXC
2.8%
VEE.TO
7.8%

Energy

DEXC
2.7%
VEE.TO
4.7%

Healthcare

DEXC
2.6%
VEE.TO
4.1%

Utilities

DEXC
1.9%
VEE.TO
3.0%

Real Estate

DEXC
1.3%
VEE.TO
2.3%

Compare stocks, funds, or ETFs

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Dimensional Emerging Markets ex China Core Equity ETF

Vanguard FTSE Emerging Markets All Cap Index ETF

Often compared with DEXC:
DEXC vs. DFMCDEXC vs. DFEVDEXC vs. EMEQDEXC vs. DIEMDEXC vs. EMSFDEXC vs. EEMSDEXC vs. FTHF
Often compared with VEE.TO:
VEE.TO vs. XEC.TOVEE.TO vs. ZEM.TOVEE.TO vs. VFV.TOVEE.TO vs. XEQT.TOVEE.TO vs. VIDY.TOVEE.TO vs. VOOVEE.TO vs. VXUS

Return for Risk

DEXC vs. VEE.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DEXC
DEXC Risk / Return Rank: 8989
Overall Rank
DEXC Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
DEXC Sortino Ratio Rank: 8888
Sortino Ratio Rank
DEXC Omega Ratio Rank: 8989
Omega Ratio Rank
DEXC Calmar Ratio Rank: 8787
Calmar Ratio Rank
DEXC Martin Ratio Rank: 8989
Martin Ratio Rank
VEE.TO
VEE.TO Risk / Return Rank: 6060
Overall Rank
VEE.TO Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
VEE.TO Sortino Ratio Rank: 6060
Sortino Ratio Rank
VEE.TO Omega Ratio Rank: 6363
Omega Ratio Rank
VEE.TO Calmar Ratio Rank: 5959
Calmar Ratio Rank
VEE.TO Martin Ratio Rank: 5959
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.

DEXC vs. VEE.TO - 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 Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO). 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.

DEXCVEE.TODifference
Sharpe ratioReturn per unit of total volatility
3.12
1.87

+1.25

Sortino ratioReturn per unit of downside risk
3.99
2.60

+1.39

Omega ratioGain probability vs. loss probability

1.57

1.35

+0.22

Calmar ratioReturn relative to maximum drawdown

4.95

2.70

+2.25

Martin ratioReturn relative to average drawdown

19.75

9.70

+10.05

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

DEXC vs. VEE.TO - Sharpe Ratio Comparison

The current DEXC Sharpe Ratio is 3.12, which is higher than the VEE.TO Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of DEXC and VEE.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

DEXCVEE.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.12

1.87

+1.25

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.26

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.43

—

Sharpe Ratio (All Time)

Calculated using the full available price history

2.17

0.27

+1.90

Drawdowns

DEXC vs. VEE.TO - Drawdown Comparison

The maximum DEXC drawdown since its inception was -15.07%, smaller than the maximum VEE.TO drawdown of -37.07%. Use the drawdown chart below to compare losses from any high point for DEXC and VEE.TO.

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Drawdown Indicators

DEXCVEE.TODifference

Max Drawdown

Largest peak-to-trough decline

-15.07%

-37.07%

+22.00%

Max Drawdown (1Y)

Largest decline over 1 year

-12.86%

-11.16%

-1.70%

Max Drawdown (3Y)

Largest decline over 3 years

—

-17.90%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-33.15%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-37.07%

—

Current Drawdown

Current decline from peak

-0.88%

-1.30%

+0.42%

Average Drawdown

Average peak-to-trough decline

-2.41%

-12.73%

+10.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.22%

3.10%

+0.12%

Volatility

DEXC vs. VEE.TO - Volatility Comparison

Dimensional Emerging Markets ex China Core Equity ETF (DEXC) has a higher volatility of 9.61% compared to Vanguard FTSE Emerging Markets All Cap Index ETF (VEE.TO) at 6.18%. This indicates that DEXC's price experiences larger fluctuations and is considered to be riskier than VEE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DEXCVEE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.61%

6.18%

+3.43%

Volatility (6M)

Calculated over the trailing 6-month period

18.28%

13.57%

+4.71%

Volatility (1Y)

Calculated over the trailing 1-year period

20.44%

16.16%

+4.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.73%

17.70%

+2.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.73%

19.46%

+0.27%

DEXC vs. VEE.TO - Expense Ratio Comparison

DEXC has a 0.43% expense ratio, which is higher than VEE.TO's 0.25% expense ratio.

Dividends

DEXC vs. VEE.TO - Dividend Comparison

DEXC's dividend yield for the trailing twelve months is around 1.45%, less than VEE.TO's 1.91% yield.

PositionTTM20252024202320222021202020192018201720162015
DEXC
Dimensional Emerging Markets ex China Core Equity ETF		1.45%1.97%0.19%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VEE.TO
Vanguard FTSE Emerging Markets All Cap Index ETF		1.91%2.26%2.45%2.83%3.35%2.18%1.61%2.71%2.21%1.89%1.99%2.53%

Frequently Asked Questions

DEXC and VEE.TO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, VEE.TO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

VEE.TO is cheaper with a 0.25% expense ratio, compared with 0.43% for DEXC.

DEXC is categorized as Emerging Markets Diversified, while VEE.TO is Emerging Markets Equities. They also come from different issuers: Dimensional Fund Advisors and Vanguard. Their fees differ too: 0.43% for DEXC and 0.25% for VEE.TO.

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