DFEV vs. VEXC
DFEV (Dimensional Emerging Markets Value ETF) and VEXC (Vanguard Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds. DFEV is actively managed, while VEXC is passively managed. Their correlation of 0.87 means they have usually moved in the same direction. DFEV charges 0.43%/yr vs 0.07%/yr for VEXC.
Performance
DFEV vs. VEXC - Performance Comparison
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Returns By Period
In the year-to-date period, DFEV achieves a 18.44% return, which is significantly higher than VEXC's 17.29% return.
DFEV
- 1D
- 0.08%
- 1M
- -3.76%
- 6M
- 9.07%
- YTD
- 18.44%
- 1Y
- 35.77%
- 3Y*
- 19.57%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.19%
VEXC
- 1D
- 1.25%
- 1M
- -2.53%
- 6M
- 11.04%
- YTD
- 17.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.02M | $11.82M | $9.92M | |
| $2.10M | $2.14M | $2.87M |
DFEV vs. VEXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DFEV Dimensional Emerging Markets Value ETF | 18.44% | 5.73% |
VEXC Vanguard Emerging Markets Ex-China ETF | 17.29% | 4.50% |
Correlation
The correlation between DFEV and VEXC is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025 | 0.87 |
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Return for Risk
DFEV vs. VEXC — Risk / Return Rank
DFEV
VEXC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DFEV vs. VEXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Emerging Markets Value ETF (DFEV) and Vanguard Emerging Markets Ex-China ETF (VEXC). 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.
| DFEV | VEXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.31 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | — | — |
| Martin ratioReturn relative to average drawdown | 8.54 | — | — |
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Drawdowns
DFEV vs. VEXC - Drawdown Comparison
The maximum DFEV drawdown since its inception was -18.49%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for DFEV and VEXC.
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Drawdown Indicators
| DFEV | VEXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.49% | -12.42% | -6.07% |
Max Drawdown (1Y)Largest decline over 1 year | -13.86% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.94% | — | — |
Current DrawdownCurrent decline from peak | -10.62% | -6.04% | -4.58% |
Average DrawdownAverage peak-to-trough decline | -4.71% | -2.61% | -2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.14% | — | — |
Volatility
DFEV vs. VEXC - Volatility Comparison
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Volatility by Period
| DFEV | VEXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 19.68% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.40% | 20.44% | +0.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 20.44% | -3.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 20.44% | -3.08% |
DFEV vs. VEXC - Expense Ratio Comparison
DFEV has a 0.43% expense ratio, which is higher than VEXC's 0.07% expense ratio.
Dividends
DFEV vs. VEXC - Dividend Comparison
DFEV's dividend yield for the trailing twelve months is around 2.17%, more than VEXC's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
DFEV Dimensional Emerging Markets Value ETF | 2.17% | 2.69% | 3.17% | 3.47% | 3.35% |
VEXC Vanguard Emerging Markets Ex-China ETF | 1.47% | 0.43% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DFEV and VEXC have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VEXC is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEXC is cheaper with a 0.07% expense ratio, compared with 0.43% for DFEV.
DFEV has the higher dividend yield at 2.17%, compared with 1.47% for VEXC.
They also come from different issuers: Dimensional and Vanguard. Their fees differ too: 0.43% for DFEV and 0.07% for VEXC.
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