DIHRX vs. IQLT

Last updated Jun 3, 2026

DIHRX (DFA International High Relative Profitability Portfolio) and IQLT (iShares MSCI Intl Quality Factor ETF) are both Foreign Large Cap Equities funds. Over the past 5 years, DIHRX returned 6.54%/yr vs 7.38%/yr for IQLT. With a 0.96 correlation, they move nearly in lockstep. Both charge a 0.30% expense ratio.

Performance

DIHRX vs. IQLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA International High Relative Profitability Portfolio (DIHRX) and iShares MSCI Intl Quality Factor ETF (IQLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIHRX achieves a 7.57% return, which is significantly lower than IQLT's 8.54% return.

DIHRX

• 1D: -0.42%
• 1M: 1.66%
• YTD: 7.57%
• 6M: 9.62%
• 1Y: 17.19%
• 3Y*: 13.88%
• 5Y*: 6.54%
• 10Y*: —

IQLT

• 1D: 0.61%
• 1M: 1.21%
• YTD: 8.54%
• 6M: 11.18%
• 1Y: 16.76%
• 3Y*: 14.30%
• 5Y*: 7.38%
• 10Y*: 9.41%

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

DIHRX vs. IQLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIHRX DFA International High Relative Profitability Portfolio	7.57%	27.03%	-0.03%	18.09%	-16.61%	13.39%	13.21%	24.50%	-13.48%	9.68%
IQLT iShares MSCI Intl Quality Factor ETF	8.54%	25.42%	1.54%	18.73%	-15.22%	12.94%	12.48%	28.18%	-10.76%	8.84%

Correlation

The correlation between DIHRX and IQLT is 0.96 - 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	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since May 17, 2017	0.96

The correlation between DIHRX and IQLT has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

DIHRX vs. IQLT — Risk / Return Rank

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

DIHRX

DIHRX Risk / Return Rank: 20
DIHRX Sharpe Ratio Rank: 19
DIHRX Sortino Ratio Rank: 19
DIHRX Omega Ratio Rank: 19
DIHRX Calmar Ratio Rank: 19
DIHRX Martin Ratio Rank: 22

IQLT

IQLT Risk / Return Rank: 34
IQLT Sharpe Ratio Rank: 32
IQLT Sortino Ratio Rank: 32
IQLT Omega Ratio Rank: 31
IQLT Calmar Ratio Rank: 35
IQLT Martin Ratio Rank: 41

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.

DIHRX vs. IQLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA International High Relative Profitability Portfolio (DIHRX) and iShares MSCI Intl Quality Factor ETF (IQLT). 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.

	DIHRX	IQLT	Difference
Sharpe ratio Return per unit of total volatility	1.30	1.17	+0.13
Sortino ratio Return per unit of downside risk	1.87	1.72	+0.15
Omega ratio Gain probability vs. loss probability	1.23	1.21	+0.03
Calmar ratio Return relative to maximum drawdown	1.64	1.74	-0.09
Martin ratio Return relative to average drawdown	5.97	6.63	-0.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIHRX vs. IQLT - Sharpe Ratio Comparison

The current DIHRX Sharpe Ratio is 1.30, which is comparable to the IQLT Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of DIHRX and IQLT, 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

	DIHRX	IQLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	1.17	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.45	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.50	+0.02

Drawdowns

DIHRX vs. IQLT - Drawdown Comparison

The maximum DIHRX drawdown since its inception was -33.30%, roughly equal to the maximum IQLT drawdown of -32.21%. Use the drawdown chart below to compare losses from any high point for DIHRX and IQLT.

Drawdown Indicators

	DIHRX	IQLT	Difference
Max Drawdown Largest peak-to-trough decline	-33.30%	-32.21%	-1.09%
Max Drawdown (1Y) Largest decline over 1 year	-11.35%	-10.38%	-0.97%
Max Drawdown (3Y) Largest decline over 3 years	-13.21%	-13.18%	-0.03%
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	-30.24%	-0.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.21%	—
Current Drawdown Current decline from peak	-2.68%	-1.20%	-1.48%
Average Drawdown Average peak-to-trough decline	-6.55%	-6.22%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	2.72%	+0.40%

Volatility

DIHRX vs. IQLT - Volatility Comparison

The current volatility for DFA International High Relative Profitability Portfolio (DIHRX) is 4.38%, while iShares MSCI Intl Quality Factor ETF (IQLT) has a volatility of 4.99%. This indicates that DIHRX experiences smaller price fluctuations and is considered to be less risky than IQLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIHRX	IQLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	4.99%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	11.60%	11.98%	-0.38%
Volatility (1Y) Calculated over the trailing 1-year period	14.27%	14.40%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.91%	16.45%	-0.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	16.98%	-0.97%

DIHRX vs. IQLT - Expense Ratio Comparison

Both DIHRX and IQLT have an expense ratio of 0.30%.

Dividends

DIHRX vs. IQLT - Dividend Comparison

DIHRX's dividend yield for the trailing twelve months is around 2.42%, more than IQLT's 2.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIHRX DFA International High Relative Profitability Portfolio	2.42%	2.76%	2.33%	2.59%	3.06%	2.95%	1.40%	2.11%	2.35%	0.87%	0.00%	0.00%
IQLT iShares MSCI Intl Quality Factor ETF	2.14%	2.33%	2.87%	2.27%	3.14%	2.24%	1.61%	2.28%	2.72%	2.36%	2.91%	2.78%

Frequently Asked Questions

Can I hold both DIHRX and IQLT in my portfolio?

With a correlation of 0.96, DIHRX and IQLT 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, DIHRX or IQLT?

IQLT has higher volatility (4.99%) compared to DIHRX (4.38%). In terms of maximum drawdown, DIHRX dropped -33.30% vs IQLT's -32.21%.

Which has better risk-adjusted returns?

DIHRX currently has the higher Sharpe Ratio (1.30 vs 1.17), 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.