DIHP vs. IDEV

Last updated Jun 4, 2026

DIHP (Dimensional International High Profitability ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds. DIHP is actively managed, while IDEV is passively managed. Over the past 3 years, DIHP returned 14.52%/yr vs 17.40%/yr for IDEV. With a 0.98 correlation, they move nearly in lockstep. DIHP charges 0.29%/yr vs 0.05%/yr for IDEV.

Performance

DIHP vs. IDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional International High Profitability ETF (DIHP) and iShares Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIHP achieves a 8.04% return, which is significantly lower than IDEV's 8.92% return.

DIHP

• 1D: -0.57%
• 1M: 2.71%
• YTD: 8.04%
• 6M: 9.40%
• 1Y: 19.11%
• 3Y*: 14.52%
• 5Y*: —
• 10Y*: —

IDEV

• 1D: -0.90%
• 1M: 3.23%
• YTD: 8.92%
• 6M: 11.57%
• 1Y: 23.20%
• 3Y*: 17.40%
• 5Y*: 8.48%
• 10Y*: —

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

DIHP vs. IDEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIHP Dimensional International High Profitability ETF	8.04%	28.26%	0.50%	19.07%	-10.88%
IDEV iShares Core MSCI International Developed Markets ETF	8.92%	32.56%	4.54%	17.36%	-9.95%

Correlation

The correlation between DIHP and IDEV is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since Mar 25, 2022	0.98

The correlation between DIHP and IDEV has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

DIHP vs. IDEV - Sectors Allocation Comparison

Sectors	DIHP	IDEV
Industrials	21.6%	19.1%
Technology	13.1%	9.9%
Consumer Cyclical	11.4%	7.7%
Healthcare	11.1%	8.6%
Financial Services	10.6%	24.2%
Consumer Defensive	9.1%	6.0%
Basic Materials	7.7%	8.0%
Energy	6.0%	5.9%
Communication Services	5.9%	4.0%
Utilities	2.7%	3.7%
Real Estate	0.4%	2.9%

Return for Risk

DIHP vs. IDEV — Risk / Return Rank

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

DIHP

DIHP Risk / Return Rank: 38
DIHP Sharpe Ratio Rank: 39
DIHP Sortino Ratio Rank: 38
DIHP Omega Ratio Rank: 39
DIHP Calmar Ratio Rank: 36
DIHP Martin Ratio Rank: 40

IDEV

IDEV Risk / Return Rank: 45
IDEV Sharpe Ratio Rank: 45
IDEV Sortino Ratio Rank: 45
IDEV Omega Ratio Rank: 44
IDEV Calmar Ratio Rank: 41
IDEV Martin Ratio Rank: 48

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.

DIHP vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional International High Profitability ETF (DIHP) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.

	DIHP	IDEV	Difference
Sharpe ratio: Return per unit of total volatility	1.40	1.61	-0.21
Sortino ratio: Return per unit of downside risk	2.00	2.29	-0.29
Omega ratio: Gain probability vs. loss probability	1.25	1.29	-0.04
Calmar ratio: Return relative to maximum drawdown	1.76	2.08	-0.32
Martin ratio: Return relative to average drawdown	6.42	8.16	-1.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIHP vs. IDEV - Sharpe Ratio Comparison

The current DIHP Sharpe Ratio is 1.40, which is comparable to the IDEV Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of DIHP and IDEV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DIHP	IDEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	1.61	-0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.55	+0.06

Drawdowns

DIHP vs. IDEV - Drawdown Comparison

The maximum DIHP drawdown since its inception was -24.94%, smaller than the maximum IDEV drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for DIHP and IDEV.

Drawdown Indicators

	DIHP	IDEV	Difference
Max Drawdown Largest peak-to-trough decline	-24.94%	-34.77%	+9.83%
Max Drawdown (1Y) Largest decline over 1 year	-10.92%	-11.20%	+0.28%
Max Drawdown (3Y) Largest decline over 3 years	-12.42%	-13.41%	+0.99%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.15%	—
Current Drawdown Current decline from peak	-2.76%	-0.98%	-1.78%
Average Drawdown Average peak-to-trough decline	-4.85%	-6.57%	+1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.85%	+0.13%

Volatility

DIHP vs. IDEV - Volatility Comparison

The current volatility for Dimensional International High Profitability ETF (DIHP) is 4.27%, while iShares Core MSCI International Developed Markets ETF (IDEV) has a volatility of 4.60%. This indicates that DIHP experiences smaller price fluctuations and is considered to be less risky than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIHP	IDEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.27%	4.60%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	11.31%	12.10%	-0.79%
Volatility (1Y) Calculated over the trailing 1-year period	13.74%	14.51%	-0.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.25%	16.26%	-0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.25%	17.27%	-1.02%

DIHP vs. IDEV - Expense Ratio Comparison

DIHP has a 0.29% expense ratio, which is higher than IDEV's 0.05% expense ratio.

Dividends

DIHP vs. IDEV - Dividend Comparison

DIHP's dividend yield for the trailing twelve months is around 2.02%, less than IDEV's 3.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIHP Dimensional International High Profitability ETF	2.02%	2.02%	2.30%	2.17%	1.69%	0.00%	0.00%	0.00%	0.00%	0.00%
IDEV iShares Core MSCI International Developed Markets ETF	3.13%	3.40%	3.30%	3.07%	2.69%	3.05%	2.00%	3.18%	3.16%	1.54%

Frequently Asked Questions

Can I hold both DIHP and IDEV in my portfolio?

With a correlation of 0.97, DIHP and IDEV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DIHP or IDEV?

IDEV has higher volatility (4.60%) compared to DIHP (4.27%). In terms of maximum drawdown, DIHP dropped -24.94% vs IDEV's -34.77%.

Which ETF is better, DIHP or IDEV?

On 3-year performance, IDEV leads with 17.40% vs 14.52% for DIHP. On fees, IDEV is cheaper at 0.05% per year. On volatility, DIHP has been the lower-risk option at 4.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIHP or IDEV?

Over the 3-year period, IDEV has performed better with a 17.40% return vs 14.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIHP or IDEV?

IDEV is cheaper with a 0.05% expense ratio, compared with 0.29% for DIHP.

Which ETF pays a higher dividend yield, DIHP or IDEV?

IDEV has the higher dividend yield at 3.13%, compared with 2.02% for DIHP.

What is the main difference between DIHP and IDEV?

They also come from different issuers: Dimensional and iShares. Their fees differ too: 0.29% for DIHP and 0.05% for IDEV.

Which has better risk-adjusted returns?

IDEV currently has the higher Sharpe Ratio (1.61 vs 1.40), 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.