DFEM vs. AVEM
Compare and contrast key facts about Dimensional Emerging Markets Core Equity 2 ETF (DFEM) and Avantis Emerging Markets Equity ETF (AVEM).
DFEM and AVEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFEM is an actively managed fund by Dimensional. It was launched on Apr 26, 2022. AVEM is a passively managed fund by American Century Investments that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFEM or AVEM.
Key characteristics
| DFEM | AVEM | |
|---|---|---|
| YTD Return | 8.52% | 9.08% |
| 1Y Return | 14.05% | 15.74% |
| Sharpe Ratio | 1.01 | 1.02 |
| Daily Std Dev | 13.40% | 14.97% |
| Max Drawdown | -20.82% | -36.05% |
| Current Drawdown | -2.89% | -5.06% |
Correlation
The correlation between DFEM and AVEM is 0.99, 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
DFEM vs. AVEM - Performance Comparison
In the year-to-date period, DFEM achieves a 8.52% return, which is significantly lower than AVEM's 9.08% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DFEM vs. AVEM - Expense Ratio Comparison
DFEM has a 0.39% expense ratio, which is higher than AVEM's 0.33% expense ratio.
Risk-Adjusted Performance
DFEM vs. AVEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Emerging Markets Core Equity 2 ETF (DFEM) and Avantis Emerging Markets Equity ETF (AVEM). 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
DFEM vs. AVEM - Dividend Comparison
DFEM's dividend yield for the trailing twelve months is around 2.37%, less than AVEM's 2.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
DFEM Dimensional Emerging Markets Core Equity 2 ETF | 2.37% | 2.38% | 1.99% | 0.00% | 0.00% | 0.00% |
AVEM Avantis Emerging Markets Equity ETF | 2.81% | 3.06% | 2.77% | 2.61% | 1.60% | 0.34% |
Drawdowns
DFEM vs. AVEM - Drawdown Comparison
The maximum DFEM drawdown since its inception was -20.82%, smaller than the maximum AVEM drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for DFEM and AVEM. For additional features, visit the drawdowns tool.
Volatility
DFEM vs. AVEM - Volatility Comparison
The current volatility for Dimensional Emerging Markets Core Equity 2 ETF (DFEM) is 4.13%, while Avantis Emerging Markets Equity ETF (AVEM) has a volatility of 4.82%. This indicates that DFEM experiences smaller price fluctuations and is considered to be less risky than AVEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.