DUHP vs. FEQIX

Last updated Aug 2, 2026

DUHP (Dimensional US High Profitability ETF) and FEQIX (Fidelity Equity-Income Fund) are both funds - DUHP is a Large Cap Blend Equities fund actively managed by Dimensional, while FEQIX is a Large Cap Value Equities fund actively managed by Fidelity. Both are actively managed. Over the past 3 years, DUHP returned 16.06%/yr vs 17.05%/yr for FEQIX. Their correlation of 0.86 means they have usually moved in the same direction. DUHP charges 0.21%/yr vs 0.57%/yr for FEQIX.

Performance

DUHP vs. FEQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional US High Profitability ETF (DUHP) and Fidelity Equity-Income Fund (FEQIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUHP achieves a 8.79% return, which is significantly lower than FEQIX's 13.03% return.

DUHP

• 1D: -0.27%
• 1M: -1.01%
• 6M: 7.04%
• YTD: 8.79%
• 1Y: 16.27%
• 3Y*: 16.06%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.05%

FEQIX

• 1D: 0.88%
• 1M: 1.19%
• 6M: 9.01%
• YTD: 13.03%
• 1Y: 23.68%
• 3Y*: 17.05%
• 5Y*: 11.59%
• 10Y*: 11.96%
• ALL TIME*: 8.41%

*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)
DUHP Dimensional US High Profitability ETF	$29.95M	$29.57M	$35.23M
FEQIX Fidelity Equity-Income Fund	$0.00	$0.00	$0.00

DUHP vs. FEQIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DUHP Dimensional US High Profitability ETF	8.79%	13.77%	19.49%	21.11%	-0.03%
FEQIX Fidelity Equity-Income Fund	13.03%	18.96%	15.34%	10.62%	-0.84%

Correlation

The correlation between DUHP and FEQIX is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.86

The correlation between DUHP and FEQIX has been stable across timeframes, ranging from 0.77 to 0.86 - a consistent structural relationship.

Return for Risk

DUHP vs. FEQIX — Risk / Return Rank

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

DUHP

DUHP Risk / Return Rank: 53
DUHP Sharpe Ratio Rank: 53
DUHP Sortino Ratio Rank: 53
DUHP Omega Ratio Rank: 52
DUHP Calmar Ratio Rank: 48
DUHP Martin Ratio Rank: 61

FEQIX

FEQIX Risk / Return Rank: 90
FEQIX Sharpe Ratio Rank: 90
FEQIX Sortino Ratio Rank: 89
FEQIX Omega Ratio Rank: 85
FEQIX Calmar Ratio Rank: 90
FEQIX Martin Ratio Rank: 93

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.

DUHP vs. FEQIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional US High Profitability ETF (DUHP) and Fidelity Equity-Income Fund (FEQIX). 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.

	DUHP	FEQIX	Difference
Sharpe ratio: Return per unit of total volatility	1.28	2.27	-0.98
Sortino ratio: Return per unit of downside risk	1.84	3.27	-1.43
Omega ratio: Gain probability vs. loss probability	1.23	1.41	-0.18
Calmar ratio: Return relative to maximum drawdown	1.70	3.37	-1.68
Martin ratio: Return relative to average drawdown	7.26	13.83	-6.57

DUHP vs. FEQIX - Sharpe Ratio Comparison

The current DUHP Sharpe Ratio is 1.28, which is lower than the FEQIX Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of DUHP and FEQIX, 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

DUHP vs. FEQIX - Drawdown Comparison

The maximum DUHP drawdown since its inception was -20.05%, smaller than the maximum FEQIX drawdown of -62.38%. Use the drawdown chart below to compare losses from any high point for DUHP and FEQIX.

Drawdown Indicators

	DUHP	FEQIX	Difference
Max Drawdown Largest peak-to-trough decline	-20.05%	-62.38%	+42.33%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-6.48%	-2.51%
Max Drawdown (3Y) Largest decline over 3 years	-17.86%	-13.18%	-4.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.20%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.12%	—
Current Drawdown Current decline from peak	-1.67%	-0.21%	-1.46%
Average Drawdown Average peak-to-trough decline	-3.93%	-7.98%	+4.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	1.58%	+0.52%

Volatility

DUHP vs. FEQIX - Volatility Comparison

Dimensional US High Profitability ETF (DUHP) has a higher volatility of 2.87% compared to Fidelity Equity-Income Fund (FEQIX) at 2.67%. This indicates that DUHP's price experiences larger fluctuations and is considered to be riskier than FEQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUHP	FEQIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	2.67%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	7.36%	+2.27%
Volatility (1Y) Calculated over the trailing 1-year period	11.90%	9.66%	+2.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.19%	13.39%	+2.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.19%	15.41%	+0.78%

DUHP vs. FEQIX - Expense Ratio Comparison

DUHP has a 0.21% expense ratio, which is lower than FEQIX's 0.57% expense ratio.

Dividends

DUHP vs. FEQIX - Dividend Comparison

DUHP's dividend yield for the trailing twelve months is around 0.93%, less than FEQIX's 4.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DUHP Dimensional US High Profitability ETF	0.93%	1.02%	1.13%	1.51%	1.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FEQIX Fidelity Equity-Income Fund	4.45%	4.67%	5.51%	4.26%	4.56%	9.90%	3.38%	7.16%	9.76%	6.29%	4.28%	12.17%

Frequently Asked Questions

Can I hold both DUHP and FEQIX in my portfolio?

DUHP and FEQIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DUHP or FEQIX?

DUHP has higher volatility (2.87%) compared to FEQIX (2.67%). In terms of maximum drawdown, DUHP dropped -20.05% vs FEQIX's -62.38%.

Which has better risk-adjusted returns?

FEQIX currently has the higher Sharpe Ratio (2.27 vs 1.28), 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.