DUHP vs. MTUM

Last updated Jun 24, 2026

DUHP (DFA Dimensional US High Profitability ETF) and MTUM (iShares MSCI USA Momentum Factor ETF) are both exchange-traded funds - DUHP is a Large Cap Blend Equities fund actively managed by Dimensional, while MTUM is a Momentum fund tracking the MSCI USA Momentum SR Variant Index. DUHP is actively managed, while MTUM is passively managed. Over the past 3 years, DUHP returned 17.83%/yr vs 33.87%/yr for MTUM. Their correlation of 0.82 suggests significant overlap in exposure. DUHP charges 0.21%/yr vs 0.15%/yr for MTUM.

Performance

DUHP vs. MTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Dimensional US High Profitability ETF (DUHP) and iShares MSCI USA Momentum Factor ETF (MTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DUHP achieves a 7.22% return, which is significantly lower than MTUM's 32.00% return.

DUHP

• 1D: -1.81%
• 1M: -0.02%
• YTD: 7.22%
• 6M: 6.35%
• 1Y: 18.29%
• 3Y*: 17.83%
• 5Y*: —
• 10Y*: —

MTUM

• 1D: -4.48%
• 1M: 8.74%
• YTD: 32.00%
• 6M: 29.92%
• 1Y: 41.78%
• 3Y*: 33.87%
• 5Y*: 15.18%
• 10Y*: 17.49%

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

DUHP vs. MTUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DUHP DFA Dimensional US High Profitability ETF	7.22%	13.77%	19.49%	21.11%	-0.03%
MTUM iShares MSCI USA Momentum Factor ETF	32.00%	22.15%	32.89%	9.15%	-3.11%

Correlation

The correlation between DUHP and MTUM is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.82

The correlation between DUHP and MTUM has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

DUHP vs. MTUM - Sectors Allocation Comparison

Sectors	DUHP	MTUM
Technology	36.7%	50.2%
Industrials	15.9%	15.0%
Healthcare	12.9%	3.5%
Consumer Cyclical	9.1%	2.9%
Financial Services	8.8%	5.0%
Consumer Defensive	7.4%	3.7%
Communication Services	5.3%	5.1%
Energy	2.1%	10.5%
Utilities	0.9%	0.6%
Basic Materials	0.6%	2.3%
Real Estate	-	1.3%

Return for Risk

DUHP vs. MTUM — Risk / Return Rank

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

DUHP

DUHP Risk / Return Rank: 46
DUHP Sharpe Ratio Rank: 46
DUHP Sortino Ratio Rank: 46
DUHP Omega Ratio Rank: 45
DUHP Calmar Ratio Rank: 43
DUHP Martin Ratio Rank: 53

MTUM

MTUM Risk / Return Rank: 64
MTUM Sharpe Ratio Rank: 59
MTUM Sortino Ratio Rank: 54
MTUM Omega Ratio Rank: 59
MTUM Calmar Ratio Rank: 74
MTUM Martin Ratio Rank: 76

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.

DUHP vs. MTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Dimensional US High Profitability ETF (DUHP) and iShares MSCI USA Momentum Factor ETF (MTUM). 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	MTUM	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.92	-0.37
Sortino ratio: Return per unit of downside risk	2.20	2.53	-0.34
Omega ratio: Gain probability vs. loss probability	1.28	1.35	-0.07
Calmar ratio: Return relative to maximum drawdown	2.04	3.64	-1.59
Martin ratio: Return relative to average drawdown	8.82	13.91	-5.10

DUHP vs. MTUM - Sharpe Ratio Comparison

The current DUHP Sharpe Ratio is 1.55, which is comparable to the MTUM Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of DUHP and MTUM, 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. MTUM - Drawdown Comparison

The maximum DUHP drawdown since its inception was -20.05%, smaller than the maximum MTUM drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for DUHP and MTUM.

Drawdown Indicators

	DUHP	MTUM	Difference
Max Drawdown Largest peak-to-trough decline	-20.05%	-34.08%	+14.03%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-11.54%	+2.55%
Max Drawdown (3Y) Largest decline over 3 years	-17.86%	-20.99%	+3.13%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.08%	—
Current Drawdown Current decline from peak	-2.47%	-4.48%	+2.01%
Average Drawdown Average peak-to-trough decline	-4.00%	-6.19%	+2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	3.01%	-0.93%

Volatility

DUHP vs. MTUM - Volatility Comparison

The current volatility for DFA Dimensional US High Profitability ETF (DUHP) is 4.83%, while iShares MSCI USA Momentum Factor ETF (MTUM) has a volatility of 12.20%. This indicates that DUHP experiences smaller price fluctuations and is considered to be less risky than MTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUHP	MTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	12.20%	-7.37%
Volatility (6M) Calculated over the trailing 6-month period	9.62%	19.44%	-9.82%
Volatility (1Y) Calculated over the trailing 1-year period	11.87%	21.93%	-10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.32%	21.15%	-4.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.32%	21.31%	-4.99%

DUHP vs. MTUM - Expense Ratio Comparison

DUHP has a 0.21% expense ratio, which is higher than MTUM's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DUHP vs. MTUM - Dividend Comparison

DUHP's dividend yield for the trailing twelve months is around 0.99%, more than MTUM's 0.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DUHP DFA Dimensional US High Profitability ETF	0.99%	1.02%	1.13%	1.51%	1.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MTUM iShares MSCI USA Momentum Factor ETF	0.56%	0.91%	0.75%	1.35%	1.80%	0.55%	0.83%	1.48%	1.27%	1.02%	1.43%	1.12%

Frequently Asked Questions

Can I hold both DUHP and MTUM in my portfolio?

DUHP and MTUM have a correlation of 0.75, 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 MTUM?

MTUM has higher volatility (12.20%) compared to DUHP (4.83%). In terms of maximum drawdown, DUHP dropped -20.05% vs MTUM's -34.08%.

Which ETF is better, DUHP or MTUM?

On 3-year performance, MTUM leads with 33.87% vs 17.83% for DUHP. On fees, MTUM is cheaper at 0.15% per year. On volatility, DUHP has been the lower-risk option at 4.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUHP or MTUM?

Over the 3-year period, MTUM has performed better with a 33.87% return vs 17.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUHP or MTUM?

MTUM is cheaper with a 0.15% expense ratio, compared with 0.21% for DUHP.

Which ETF pays a higher dividend yield, DUHP or MTUM?

DUHP has the higher dividend yield at 0.99%, compared with 0.56% for MTUM.

What is the main difference between DUHP and MTUM?

DUHP is categorized as Large Cap Blend Equities, while MTUM is Momentum. They also come from different issuers: Dimensional and iShares. Their fees differ too: 0.21% for DUHP and 0.15% for MTUM.

Which has better risk-adjusted returns?

MTUM currently has the higher Sharpe Ratio (1.92 vs 1.55), 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.