DFEM vs. DFAE
Compare and contrast key facts about Dimensional Emerging Markets Core Equity 2 ETF (DFEM) and Dimensional Emerging Core Equity Market ETF (DFAE).
DFEM and DFAE 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. DFAE is an actively managed fund by Dimensional Fund Advisors LP. It was launched on Dec 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFEM or DFAE.
Key characteristics
| DFEM | DFAE | |
|---|---|---|
| YTD Return | 8.54% | 9.05% |
| 1Y Return | 14.03% | 13.96% |
| Sharpe Ratio | 1.05 | 1.01 |
| Daily Std Dev | 13.38% | 13.85% |
| Max Drawdown | -20.82% | -32.21% |
| Current Drawdown | -2.87% | -6.41% |
Correlation
The correlation between DFEM and DFAE 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. DFAE - Performance Comparison
In the year-to-date period, DFEM achieves a 8.54% return, which is significantly lower than DFAE's 9.05% 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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DFEM vs. DFAE - Expense Ratio Comparison
DFEM has a 0.39% expense ratio, which is higher than DFAE's 0.35% expense ratio.
Risk-Adjusted Performance
DFEM vs. DFAE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Emerging Markets Core Equity 2 ETF (DFEM) and Dimensional Emerging Core Equity Market ETF (DFAE). 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. DFAE - Dividend Comparison
DFEM's dividend yield for the trailing twelve months is around 3.35%, more than DFAE's 3.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
DFEM Dimensional Emerging Markets Core Equity 2 ETF | 2.26% | 2.38% | 1.99% | 0.00% | 0.00% |
DFAE Dimensional Emerging Core Equity Market ETF | 2.09% | 2.43% | 2.85% | 1.63% | 0.01% |
Drawdowns
DFEM vs. DFAE - Drawdown Comparison
The maximum DFEM drawdown since its inception was -20.82%, smaller than the maximum DFAE drawdown of -32.21%. Use the drawdown chart below to compare losses from any high point for DFEM and DFAE. For additional features, visit the drawdowns tool.
Volatility
DFEM vs. DFAE - Volatility Comparison
Dimensional Emerging Markets Core Equity 2 ETF (DFEM) and Dimensional Emerging Core Equity Market ETF (DFAE) have volatilities of 4.01% and 4.17%, 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.