DUHP vs. SPY

Last updated Jun 24, 2026

DUHP (DFA Dimensional US High Profitability ETF) and SPY (State Street SPDR S&P 500 ETF) are both exchange-traded funds - DUHP is a Large Cap Blend Equities fund actively managed by Dimensional, while SPY is a S&P 500 fund tracking the S&P 500 Index. DUHP is actively managed, while SPY is passively managed. Over the past 3 years, DUHP returned 17.83%/yr vs 20.68%/yr for SPY. Their correlation of 0.95 suggests significant overlap in exposure. DUHP charges 0.21%/yr vs 0.09%/yr for SPY.

Performance

DUHP vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Dimensional US High Profitability ETF (DUHP) and State Street SPDR S&P 500 ETF (SPY). 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 SPY's 8.15% return.

DUHP

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

SPY

• 1D: -1.45%
• 1M: -1.36%
• YTD: 8.15%
• 6M: 7.20%
• 1Y: 23.59%
• 3Y*: 20.68%
• 5Y*: 13.05%
• 10Y*: 15.53%

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

DUHP vs. SPY - 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%
SPY State Street SPDR S&P 500 ETF	8.15%	17.72%	24.89%	26.18%	-7.90%

Correlation

The correlation between DUHP and SPY is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Feb 24, 2022	0.95

The correlation between DUHP and SPY has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

DUHP vs. SPY - Sectors Allocation Comparison

Sectors	DUHP	SPY
Technology	36.7%	39.0%
Industrials	15.9%	7.8%
Healthcare	12.9%	8.3%
Consumer Cyclical	9.1%	9.9%
Financial Services	8.8%	11.1%
Consumer Defensive	7.4%	4.5%
Communication Services	5.3%	10.6%
Energy	2.1%	3.1%
Utilities	0.9%	2.1%
Basic Materials	0.6%	1.7%
Real Estate	-	1.8%

Return for Risk

DUHP vs. SPY — 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

SPY

SPY Risk / Return Rank: 59
SPY Sharpe Ratio Rank: 58
SPY Sortino Ratio Rank: 56
SPY Omega Ratio Rank: 57
SPY Calmar Ratio Rank: 56
SPY Martin Ratio Rank: 67

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. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Dimensional US High Profitability ETF (DUHP) and State Street SPDR S&P 500 ETF (SPY). 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	SPY	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.90	-0.35
Sortino ratio: Return per unit of downside risk	2.20	2.58	-0.39
Omega ratio: Gain probability vs. loss probability	1.28	1.34	-0.07
Calmar ratio: Return relative to maximum drawdown	2.04	2.67	-0.62
Martin ratio: Return relative to average drawdown	8.82	11.92	-3.10

DUHP vs. SPY - Sharpe Ratio Comparison

The current DUHP Sharpe Ratio is 1.55, which is comparable to the SPY Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of DUHP and SPY, 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. SPY - Drawdown Comparison

The maximum DUHP drawdown since its inception was -20.05%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DUHP and SPY.

Drawdown Indicators

	DUHP	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-20.05%	-55.19%	+35.14%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-8.88%	-0.11%
Max Drawdown (3Y) Largest decline over 3 years	-17.86%	-18.76%	+0.90%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-2.47%	-3.17%	+0.70%
Average Drawdown Average peak-to-trough decline	-4.00%	-9.04%	+5.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	1.98%	+0.10%

Volatility

DUHP vs. SPY - Volatility Comparison

DFA Dimensional US High Profitability ETF (DUHP) and State Street SPDR S&P 500 ETF (SPY) have volatilities of 4.83% and 4.87%, 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

	DUHP	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	4.87%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	9.62%	9.85%	-0.23%
Volatility (1Y) Calculated over the trailing 1-year period	11.87%	12.50%	-0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.32%	17.15%	-0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.32%	17.95%	-1.63%

DUHP vs. SPY - Expense Ratio Comparison

DUHP has a 0.21% expense ratio, which is higher than SPY's 0.09% 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. SPY - Dividend Comparison

DUHP's dividend yield for the trailing twelve months is around 0.99%, less than SPY's 1.03% 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%
SPY State Street SPDR S&P 500 ETF	1.03%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both DUHP and SPY in my portfolio?

With a correlation of 0.91, DUHP and SPY 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, DUHP or SPY?

SPY has higher volatility (4.87%) compared to DUHP (4.83%). In terms of maximum drawdown, DUHP dropped -20.05% vs SPY's -55.19%.

Which ETF is better, DUHP or SPY?

On 3-year performance, SPY leads with 20.68% vs 17.83% for DUHP. On fees, SPY is cheaper at 0.09% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUHP or SPY?

Over the 3-year period, SPY has performed better with a 20.68% 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 SPY?

SPY is cheaper with a 0.09% expense ratio, compared with 0.21% for DUHP.

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

SPY has the higher dividend yield at 1.03%, compared with 0.99% for DUHP.

What is the main difference between DUHP and SPY?

DUHP is categorized as Large Cap Blend Equities, while SPY is S&P 500. They also come from different issuers: Dimensional and State Street. Their fees differ too: 0.21% for DUHP and 0.09% for SPY.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (1.90 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.