DIAX vs. APDIX

Last updated Jun 4, 2026

DIAX (Dimensional International Core Equity Fund) and APDIX (Artisan International Fund Advisor Class) are both International Equity funds. A 0.56 correlation means they provide meaningful diversification when combined. DIAX charges 0.01%/yr vs 1.05%/yr for APDIX.

Performance

DIAX vs. APDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International Core Equity Fund (DIAX) and Artisan International Fund Advisor Class (APDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DIAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

APDIX

• 1D: -0.35%
• 1M: -1.55%
• YTD: 13.79%
• 6M: 17.34%
• 1Y: 26.31%
• 3Y*: 22.73%
• 5Y*: 10.08%
• 10Y*: 9.95%

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

DIAX vs. APDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIAX Dimensional International Core Equity Fund	-5.70%	10.13%	16.51%	-2.11%	-6.11%	24.72%	-6.85%	16.99%	-8.53%	33.77%
APDIX Artisan International Fund Advisor Class	13.79%	36.36%	10.78%	14.44%	-19.44%	9.01%	7.75%	29.33%	-10.86%	31.12%

Correlation

The correlation between DIAX and APDIX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.56

The correlation between DIAX and APDIX shifts across timeframes, from 0.37 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.

Return for Risk

DIAX vs. APDIX — Risk / Return Rank

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

APDIX

APDIX Risk / Return Rank: 42
APDIX Sharpe Ratio Rank: 38
APDIX Sortino Ratio Rank: 39
APDIX Omega Ratio Rank: 38
APDIX Calmar Ratio Rank: 48
APDIX Martin Ratio Rank: 46

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.

DIAX vs. APDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International Core Equity Fund (DIAX) and Artisan International Fund Advisor Class (APDIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DIAX	APDIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.79	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.64	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.59	—

Drawdowns

Drawdown Indicators

	DIAX	APDIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-33.79%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.77%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.79%	—
Current Drawdown Current decline from peak	—	-5.04%	—
Average Drawdown Average peak-to-trough decline	—	-6.99%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.67%	—

Volatility

Volatility by Period

	DIAX	APDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.56%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.85%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.31%	—

DIAX vs. APDIX - Expense Ratio Comparison

DIAX has a 0.01% expense ratio, which is lower than APDIX's 1.05% expense ratio.

Dividends

DIAX vs. APDIX - Dividend Comparison

DIAX's dividend yield for the trailing twelve months is around 8.54%, less than APDIX's 20.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APDIX Artisan International Fund Advisor Class	20.07%	22.84%	10.42%	2.00%	2.74%	23.63%	3.39%	5.41%	9.98%	0.83%	1.45%	0.00%
DIAX Dimensional International Core Equity Fund	8.54%	7.89%	7.71%	8.19%	7.39%	6.15%	7.33%	6.68%	7.69%	5.63%	6.95%	7.41%

Frequently Asked Questions

Can I hold both DIAX and APDIX in my portfolio?

DIAX and APDIX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.