DFAI vs. IDHQ
DFAI (Dimensional International Core Equity Market ETF) and IDHQ (Invesco S&P International Developed High Quality ETF) are both exchange-traded funds - DFAI is a Foreign Large Cap Equities fund actively managed by Dimensional, while IDHQ is a Quality Factor fund tracking the IDHQ-US - S&P Quality Developed Ex-U.S. LargeMidCap Index. DFAI is actively managed, while IDHQ is passively managed. Over the past 5 years, DFAI returned 10.24%/yr vs 9.61%/yr for IDHQ. Their correlation of 0.91 means they have usually moved in the same direction. DFAI charges 0.18%/yr vs 0.29%/yr for IDHQ.
Performance
DFAI vs. IDHQ - Performance Comparison
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Returns By Period
In the year-to-date period, DFAI achieves a 12.47% return, which is significantly lower than IDHQ's 27.25% return.
DFAI
- 1D
- 0.40%
- 1M
- 1.66%
- 6M
- 6.44%
- YTD
- 12.47%
- 1Y
- 27.22%
- 3Y*
- 18.65%
- 5Y*
- 10.24%
- 10Y*
- —
- ALL TIME*
- 12.29%
IDHQ
- 1D
- 0.78%
- 1M
- 0.59%
- 6M
- 18.33%
- YTD
- 27.25%
- 1Y
- 42.41%
- 3Y*
- 20.69%
- 5Y*
- 9.61%
- 10Y*
- 10.76%
- ALL TIME*
- 5.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $74.51M | $70.03M | $61.85M | |
| $6.00M | $6.33M | $5.63M |
DFAI vs. IDHQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DFAI Dimensional International Core Equity Market ETF | 12.47% | 34.04% | 4.68% | 17.60% | -12.95% | 13.86% | 5.34% |
IDHQ Invesco S&P International Developed High Quality ETF | 27.25% | 27.46% | 1.33% | 18.80% | -20.23% | 11.38% | 6.03% |
Correlation
The correlation between DFAI and IDHQ is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020 | 0.91 |
The correlation between DFAI and IDHQ has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.
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Return for Risk
DFAI vs. IDHQ — Risk / Return Rank
DFAI
IDHQ
DFAI vs. IDHQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional International Core Equity Market ETF (DFAI) and Invesco S&P International Developed High Quality ETF (IDHQ). 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.
| DFAI | IDHQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 3.17 | -0.67 |
| Martin ratioReturn relative to average drawdown | 9.83 | 12.70 | -2.87 |
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Drawdowns
DFAI vs. IDHQ - Drawdown Comparison
The maximum DFAI drawdown since its inception was -27.44%, smaller than the maximum IDHQ drawdown of -73.84%. Use the drawdown chart below to compare losses from any high point for DFAI and IDHQ.
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Drawdown Indicators
| DFAI | IDHQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.44% | -73.84% | +46.40% |
Max Drawdown (1Y)Largest decline over 1 year | -10.95% | -13.44% | +2.49% |
Max Drawdown (3Y)Largest decline over 3 years | -13.25% | -14.07% | +0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -27.44% | -33.54% | +6.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.54% | — |
Current DrawdownCurrent decline from peak | -0.24% | -0.27% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -5.01% | -21.03% | +16.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 3.35% | -0.57% |
Volatility
DFAI vs. IDHQ - Volatility Comparison
Dimensional International Core Equity Market ETF (DFAI) and Invesco S&P International Developed High Quality ETF (IDHQ) have volatilities of 4.10% and 4.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DFAI | IDHQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.10% | 4.02% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 12.59% | 18.89% | -6.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.65% | 20.72% | -6.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.00% | 17.86% | -1.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.69% | 17.98% | -2.29% |
DFAI vs. IDHQ - Expense Ratio Comparison
DFAI has a 0.18% expense ratio, which is lower than IDHQ's 0.29% expense ratio.
Dividends
DFAI vs. IDHQ - Dividend Comparison
DFAI's dividend yield for the trailing twelve months is around 2.29%, more than IDHQ's 1.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFAI Dimensional International Core Equity Market ETF | 2.29% | 2.45% | 2.72% | 2.64% | 2.72% | 2.06% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDHQ Invesco S&P International Developed High Quality ETF | 1.99% | 2.46% | 2.41% | 2.52% | 3.33% | 2.10% | 1.60% | 2.10% | 2.67% | 1.68% | 2.36% | 1.71% |
Frequently Asked Questions
DFAI and IDHQ have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DFAI has higher volatility (4.10%) compared to IDHQ (4.02%). In terms of maximum drawdown, DFAI dropped -27.44% vs IDHQ's -73.84%.
On 5-year performance, DFAI leads with 10.24% vs 9.61% for IDHQ. On fees, DFAI is cheaper at 0.18% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DFAI has performed better with a 10.24% return vs 9.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DFAI is cheaper with a 0.18% expense ratio, compared with 0.29% for IDHQ.
DFAI has the higher dividend yield at 2.29%, compared with 1.99% for IDHQ.
DFAI is categorized as Foreign Large Cap Equities, while IDHQ is Quality Factor. They also come from different issuers: Dimensional and Invesco. Their fees differ too: 0.18% for DFAI and 0.29% for IDHQ.
IDHQ currently has the higher Sharpe Ratio (2.06 vs 1.87), 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.
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