DFAE vs. DFEMX
Compare and contrast key facts about Dimensional Emerging Core Equity Market ETF (DFAE) and DFA Emerging Markets Portfolio (DFEMX).
DFAE is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Dec 2, 2020. DFEMX is managed by Dimensional Fund Advisors LP. It was launched on Apr 24, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFAE or DFEMX.
Key characteristics
| DFAE | DFEMX | |
|---|---|---|
| YTD Return | 5.44% | 4.75% |
| 1Y Return | 15.18% | 14.33% |
| 3Y Return (Ann) | -1.90% | -1.83% |
| Sharpe Ratio | 1.08 | 1.16 |
| Daily Std Dev | 13.82% | 12.21% |
| Max Drawdown | -32.21% | -62.43% |
| Current Drawdown | -9.51% | -9.37% |
Correlation
The correlation between DFAE and DFEMX is 0.96, 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.
Performance
DFAE vs. DFEMX - Performance Comparison
In the year-to-date period, DFAE achieves a 5.44% return, which is significantly higher than DFEMX's 4.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DFAE vs. DFEMX - Expense Ratio Comparison
DFAE has a 0.35% expense ratio, which is lower than DFEMX's 0.36% expense ratio.
Risk-Adjusted Performance
DFAE vs. DFEMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Emerging Core Equity Market ETF (DFAE) and DFA Emerging Markets Portfolio (DFEMX). 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.
Dividends
DFAE vs. DFEMX - Dividend Comparison
DFAE's dividend yield for the trailing twelve months is around 2.31%, less than DFEMX's 3.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAE Dimensional Emerging Core Equity Market ETF | 2.31% | 2.43% | 2.85% | 1.63% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFEMX DFA Emerging Markets Portfolio | 3.25% | 3.34% | 3.90% | 6.13% | 1.45% | 2.33% | 2.14% | 1.74% | 1.92% | 2.08% | 2.02% | 2.72% |
Drawdowns
DFAE vs. DFEMX - Drawdown Comparison
The maximum DFAE drawdown since its inception was -32.21%, smaller than the maximum DFEMX drawdown of -62.43%. Use the drawdown chart below to compare losses from any high point for DFAE and DFEMX. For additional features, visit the drawdowns tool.
Volatility
DFAE vs. DFEMX - Volatility Comparison
Dimensional Emerging Core Equity Market ETF (DFAE) has a higher volatility of 4.63% compared to DFA Emerging Markets Portfolio (DFEMX) at 4.21%. This indicates that DFAE's price experiences larger fluctuations and is considered to be riskier than DFEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.