DFEMX vs. AAPL

Last updated Jun 13, 2026

DFEMX (DFA Emerging Markets Portfolio) is Emerging Markets Diversified fund managed by Dimensional, while AAPL (Apple Inc) is a stock. Over the past 10 years, DFEMX returned 11.06%/yr vs 29.36%/yr for AAPL. At a 0.32 correlation, their price movements are largely independent.

Performance

DFEMX vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Emerging Markets Portfolio (DFEMX) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFEMX achieves a 24.63% return, which is significantly higher than AAPL's 7.29% return. Over the past 10 years, DFEMX has underperformed AAPL with an annualized return of 11.06%, while AAPL has yielded a comparatively higher 29.36% annualized return.

DFEMX

• 1D: 4.24%
• 1M: 0.39%
• YTD: 24.63%
• 6M: 27.67%
• 1Y: 46.88%
• 3Y*: 23.00%
• 5Y*: 9.12%
• 10Y*: 11.06%

AAPL

• 1D: -1.52%
• 1M: -2.59%
• YTD: 7.29%
• 6M: 4.81%
• 1Y: 46.73%
• 3Y*: 17.21%
• 5Y*: 18.59%
• 10Y*: 29.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFEMX vs. AAPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFEMX DFA Emerging Markets Portfolio	24.63%	33.57%	6.90%	13.08%	-16.91%	2.53%	13.89%	16.02%	-13.62%	36.57%
AAPL Apple Inc	7.29%	9.05%	30.71%	49.01%	-26.40%	34.65%	82.31%	88.96%	-5.39%	48.46%

Correlation

The correlation between DFEMX and AAPL is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Apr 22, 1994	0.32

The correlation between DFEMX and AAPL shifts across timeframes, from 0.28 (1 year) to 0.45 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

DFEMX vs. AAPL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFEMX

DFEMX Risk / Return Rank: 87
DFEMX Sharpe Ratio Rank: 89
DFEMX Sortino Ratio Rank: 81
DFEMX Omega Ratio Rank: 85
DFEMX Calmar Ratio Rank: 89
DFEMX Martin Ratio Rank: 89

AAPL

AAPL Risk / Return Rank: 88
AAPL Sharpe Ratio Rank: 90
AAPL Sortino Ratio Rank: 89
AAPL Omega Ratio Rank: 88
AAPL Calmar Ratio Rank: 86
AAPL Martin Ratio Rank: 86

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.

DFEMX vs. AAPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Emerging Markets Portfolio (DFEMX) and Apple Inc (AAPL). 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.

	DFEMX	AAPL	Difference
Sharpe ratio: Return per unit of total volatility	2.55	2.07	+0.48
Sortino ratio: Return per unit of downside risk	3.23	2.93	+0.29
Omega ratio: Gain probability vs. loss probability	1.49	1.38	+0.12
Calmar ratio: Return relative to maximum drawdown	3.71	3.40	+0.30
Martin ratio: Return relative to average drawdown	14.17	8.47	+5.70

DFEMX vs. AAPL - Sharpe Ratio Comparison

The current DFEMX Sharpe Ratio is 2.55, which is comparable to the AAPL Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of DFEMX and AAPL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFEMX vs. AAPL - Drawdown Comparison

The maximum DFEMX drawdown since its inception was -62.43%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for DFEMX and AAPL.

Drawdown Indicators

	DFEMX	AAPL	Difference
Max Drawdown Largest peak-to-trough decline	-62.43%	-81.80%	+19.37%
Max Drawdown (1Y) Largest decline over 1 year	-12.85%	-13.80%	+0.95%
Max Drawdown (3Y) Largest decline over 3 years	-16.12%	-33.36%	+17.24%
Max Drawdown (5Y) Largest decline over 5 years	-31.61%	-33.36%	+1.75%
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	-38.52%	-1.92%
Current Drawdown Current decline from peak	-5.07%	-7.64%	+2.57%
Average Drawdown Average peak-to-trough decline	-15.33%	-29.59%	+14.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	5.53%	-2.19%

Volatility

DFEMX vs. AAPL - Volatility Comparison

DFA Emerging Markets Portfolio (DFEMX) has a higher volatility of 10.64% compared to Apple Inc (AAPL) at 6.73%. This indicates that DFEMX's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFEMX	AAPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.64%	6.73%	+3.91%
Volatility (6M) Calculated over the trailing 6-month period	16.90%	16.53%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	18.65%	22.64%	-3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.09%	27.52%	-11.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.74%	28.92%	-12.18%

Dividends

DFEMX vs. AAPL - Dividend Comparison

DFEMX's dividend yield for the trailing twelve months is around 2.04%, more than AAPL's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAPL Apple Inc	0.36%	0.38%	0.40%	0.49%	0.70%	0.49%	0.61%	1.04%	1.79%	1.45%	1.93%	1.93%
DFEMX DFA Emerging Markets Portfolio	2.04%	2.55%	3.14%	3.34%	3.90%	6.13%	1.45%	2.33%	2.14%	1.74%	1.92%	2.08%

Frequently Asked Questions

Can I hold both DFEMX and AAPL in my portfolio?

DFEMX and AAPL have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFEMX or AAPL?

DFEMX has higher volatility (10.64%) compared to AAPL (6.73%). In terms of maximum drawdown, DFEMX dropped -62.43% vs AAPL's -81.80%.

Which has better risk-adjusted returns?

DFEMX currently has the higher Sharpe Ratio (2.55 vs 2.07), 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.