DMXF vs. EPIN

Last updated Aug 2, 2026

DMXF (iShares ESG Advanced MSCI EAFE ETF) and EPIN (Harbor International Equity ETF) are both Foreign Large Cap Equities funds. DMXF is passively managed, while EPIN is actively managed. Over the past year, DMXF returned 22.77% vs 38.00% for EPIN. Their correlation of 0.91 means they have usually moved in the same direction. DMXF charges 0.12%/yr vs 0.80%/yr for EPIN.

Performance

DMXF vs. EPIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Advanced MSCI EAFE ETF (DMXF) and Harbor International Equity ETF (EPIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DMXF achieves a 13.19% return, which is significantly lower than EPIN's 23.34% return.

DMXF

• 1D: -0.66%
• 1M: -0.14%
• 6M: 9.04%
• YTD: 13.19%
• 1Y: 22.77%
• 3Y*: 14.62%
• 5Y*: 7.21%
• 10Y*: —
• ALL TIME*: 11.10%

EPIN

• 1D: 0.40%
• 1M: -0.70%
• 6M: 14.34%
• YTD: 23.34%
• 1Y: 38.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 34.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DMXF iShares ESG Advanced MSCI EAFE ETF	$11.27M	$15.45M	$8.92M
EPIN Harbor International Equity ETF	$41.81K	$24.58K	$20.32K

DMXF vs. EPIN - Yearly Performance Comparison

	2026 (YTD)	2025
DMXF iShares ESG Advanced MSCI EAFE ETF	13.19%	6.38%
EPIN Harbor International Equity ETF	23.34%	14.36%

Correlation

The correlation between DMXF and EPIN is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.91

The correlation between DMXF and EPIN has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

DMXF vs. EPIN - Sectors Allocation Comparison

Sectors	DMXF	EPIN
Financial Services	34.2%	19.1%
Technology	20.3%	29.6%
Industrials	15.3%	20.6%
Healthcare	10.0%	8.2%
Communication Services	5.0%	1.0%
Basic Materials	4.9%	7.1%
Consumer Cyclical	4.1%	7.0%
Real Estate	3.0%	-
Consumer Defensive	2.1%	3.6%
Utilities	0.7%	-
Energy	-	3.8%

Return for Risk

DMXF vs. EPIN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DMXF

DMXF Risk / Return Rank: 55
DMXF Sharpe Ratio Rank: 54
DMXF Sortino Ratio Rank: 54
DMXF Omega Ratio Rank: 52
DMXF Calmar Ratio Rank: 53
DMXF Martin Ratio Rank: 60

EPIN

EPIN Risk / Return Rank: 83
EPIN Sharpe Ratio Rank: 83
EPIN Sortino Ratio Rank: 81
EPIN Omega Ratio Rank: 82
EPIN Calmar Ratio Rank: 84
EPIN Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DMXF vs. EPIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced MSCI EAFE ETF (DMXF) and Harbor International Equity ETF (EPIN). 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.

	DMXF	EPIN	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.95	-0.64
Sortino ratio: Return per unit of downside risk	1.90	2.66	-0.75
Omega ratio: Gain probability vs. loss probability	1.23	1.35	-0.12
Calmar ratio: Return relative to maximum drawdown	1.91	3.20	-1.29
Martin ratio: Return relative to average drawdown	7.17	11.52	-4.35

DMXF vs. EPIN - Sharpe Ratio Comparison

The current DMXF Sharpe Ratio is 1.31, which is lower than the EPIN Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of DMXF and EPIN, 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

DMXF vs. EPIN - Drawdown Comparison

The maximum DMXF drawdown since its inception was -34.52%, which is greater than EPIN's maximum drawdown of -11.64%. Use the drawdown chart below to compare losses from any high point for DMXF and EPIN.

Drawdown Indicators

	DMXF	EPIN	Difference
Max Drawdown Largest peak-to-trough decline	-34.52%	-11.64%	-22.88%
Max Drawdown (1Y) Largest decline over 1 year	-11.84%	-11.64%	-0.20%
Max Drawdown (3Y) Largest decline over 3 years	-16.54%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.52%	—	—
Current Drawdown Current decline from peak	-1.47%	-2.49%	+1.02%
Average Drawdown Average peak-to-trough decline	-7.51%	-1.93%	-5.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	3.23%	-0.09%

Volatility

DMXF vs. EPIN - Volatility Comparison

iShares ESG Advanced MSCI EAFE ETF (DMXF) and Harbor International Equity ETF (EPIN) have volatilities of 5.40% and 5.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DMXF	EPIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	5.55%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	14.99%	16.99%	-2.00%
Volatility (1Y) Calculated over the trailing 1-year period	17.34%	19.13%	-1.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.89%	18.37%	-0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.34%	18.37%	-1.03%

DMXF vs. EPIN - Expense Ratio Comparison

DMXF has a 0.12% expense ratio, which is lower than EPIN's 0.80% expense ratio.

Dividends

DMXF vs. EPIN - Dividend Comparison

DMXF's dividend yield for the trailing twelve months is around 4.21%, more than EPIN's 0.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DMXF iShares ESG Advanced MSCI EAFE ETF	4.21%	4.85%	2.92%	2.29%	2.37%	1.91%	0.31%
EPIN Harbor International Equity ETF	0.64%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DMXF and EPIN in my portfolio?

With a correlation of 0.91, DMXF and EPIN 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, DMXF or EPIN?

EPIN has higher volatility (5.55%) compared to DMXF (5.40%). In terms of maximum drawdown, DMXF dropped -34.52% vs EPIN's -11.64%.

Which ETF is better, DMXF or EPIN?

On 1-year performance, EPIN leads with 38.00% vs 22.77% for DMXF. On fees, DMXF is cheaper at 0.12% per year. On volatility, DMXF has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DMXF or EPIN?

Over the 1-year period, EPIN has performed better with a 38.00% return vs 22.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DMXF or EPIN?

DMXF is cheaper with a 0.12% expense ratio, compared with 0.80% for EPIN.

Which ETF pays a higher dividend yield, DMXF or EPIN?

DMXF has the higher dividend yield at 4.21%, compared with 0.64% for EPIN.

What is the main difference between DMXF and EPIN?

They also come from different issuers: iShares and Harbor. Their fees differ too: 0.12% for DMXF and 0.80% for EPIN.

Which has better risk-adjusted returns?

EPIN currently has the higher Sharpe Ratio (1.95 vs 1.31), 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.