TEMX vs. DEXC

Last updated Jun 24, 2026

TEMX (Touchstone Sands Capital Emerging Markets ex-China Growth ETF) and DEXC (Dimensional Emerging Markets ex China Core Equity ETF) are both Emerging Markets Diversified funds. Both are actively managed. Over the past year, TEMX returned 42.77% vs 55.75% for DEXC. Their correlation of 0.88 suggests significant overlap in exposure. TEMX charges 0.79%/yr vs 0.43%/yr for DEXC.

Performance

TEMX vs. DEXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Sands Capital Emerging Markets ex-China Growth ETF (TEMX) and Dimensional Emerging Markets ex China Core Equity ETF (DEXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEMX achieves a 27.50% return, which is significantly lower than DEXC's 33.63% return.

TEMX

• 1D: -5.63%
• 1M: 6.37%
• YTD: 27.50%
• 6M: 29.57%
• 1Y: 42.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DEXC

• 1D: -6.22%
• 1M: 3.82%
• YTD: 33.63%
• 6M: 34.97%
• 1Y: 55.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEMX vs. DEXC - Yearly Performance Comparison

	2026 (YTD)	2025
TEMX Touchstone Sands Capital Emerging Markets ex-China Growth ETF	27.50%	21.36%
DEXC Dimensional Emerging Markets ex China Core Equity ETF	33.63%	27.06%

Correlation

The correlation between TEMX and DEXC is 0.89, 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	0.89
Correlation (All Time) Calculated using the full available price history since Feb 26, 2025	0.88

The correlation between TEMX and DEXC has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

Return for Risk

TEMX vs. DEXC — Risk / Return Rank

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

TEMX

TEMX Risk / Return Rank: 59
TEMX Sharpe Ratio Rank: 56
TEMX Sortino Ratio Rank: 51
TEMX Omega Ratio Rank: 59
TEMX Calmar Ratio Rank: 64
TEMX Martin Ratio Rank: 65

DEXC

DEXC Risk / Return Rank: 82
DEXC Sharpe Ratio Rank: 81
DEXC Sortino Ratio Rank: 73
DEXC Omega Ratio Rank: 83
DEXC Calmar Ratio Rank: 85
DEXC Martin Ratio Rank: 86

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.

TEMX vs. DEXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Sands Capital Emerging Markets ex-China Growth ETF (TEMX) and Dimensional Emerging Markets ex China Core Equity ETF (DEXC). 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.

	TEMX	DEXC	Difference
Sharpe ratio: Return per unit of total volatility	1.71	2.36	-0.65
Sortino ratio: Return per unit of downside risk	2.27	2.96	-0.69
Omega ratio: Gain probability vs. loss probability	1.33	1.45	-0.13
Calmar ratio: Return relative to maximum drawdown	2.88	4.36	-1.48
Martin ratio: Return relative to average drawdown	10.84	16.49	-5.65

TEMX vs. DEXC - Sharpe Ratio Comparison

The current TEMX Sharpe Ratio is 1.71, which is comparable to the DEXC Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of TEMX and DEXC, 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

TEMX vs. DEXC - Drawdown Comparison

The maximum TEMX drawdown since its inception was -14.95%, roughly equal to the maximum DEXC drawdown of -15.07%. Use the drawdown chart below to compare losses from any high point for TEMX and DEXC.

Drawdown Indicators

	TEMX	DEXC	Difference
Max Drawdown Largest peak-to-trough decline	-14.95%	-15.07%	+0.12%
Max Drawdown (1Y) Largest decline over 1 year	-14.95%	-12.86%	-2.09%
Current Drawdown Current decline from peak	-5.63%	-6.22%	+0.59%
Average Drawdown Average peak-to-trough decline	-2.44%	-2.45%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.96%	3.39%	+0.57%

Volatility

TEMX vs. DEXC - Volatility Comparison

Touchstone Sands Capital Emerging Markets ex-China Growth ETF (TEMX) and Dimensional Emerging Markets ex China Core Equity ETF (DEXC) have volatilities of 13.97% and 13.89%, 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

	TEMX	DEXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.97%	13.89%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	23.02%	22.10%	+0.92%
Volatility (1Y) Calculated over the trailing 1-year period	25.09%	23.74%	+1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.83%	21.74%	+3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.83%	21.74%	+3.09%

TEMX vs. DEXC - Expense Ratio Comparison

TEMX has a 0.79% expense ratio, which is higher than DEXC's 0.43% expense ratio.

Dividends

TEMX vs. DEXC - Dividend Comparison

TEMX's dividend yield for the trailing twelve months is around 0.85%, less than DEXC's 1.97% yield.

Position	TTM	2025	2024
DEXC Dimensional Emerging Markets ex China Core Equity ETF	1.97%	1.97%	0.19%
TEMX Touchstone Sands Capital Emerging Markets ex-China Growth ETF	0.85%	1.08%	0.00%

Frequently Asked Questions

Can I hold both TEMX and DEXC in my portfolio?

TEMX and DEXC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEMX or DEXC?

TEMX has higher volatility (13.97%) compared to DEXC (13.89%). In terms of maximum drawdown, TEMX dropped -14.95% vs DEXC's -15.07%.

Which ETF is better, TEMX or DEXC?

On 1-year performance, DEXC leads with 55.75% vs 42.77% for TEMX. On fees, DEXC is cheaper at 0.43% 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, TEMX or DEXC?

Over the 1-year period, DEXC has performed better with a 55.75% return vs 42.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEMX or DEXC?

DEXC is cheaper with a 0.43% expense ratio, compared with 0.79% for TEMX.

Which ETF pays a higher dividend yield, TEMX or DEXC?

DEXC has the higher dividend yield at 1.97%, compared with 0.85% for TEMX.

What is the main difference between TEMX and DEXC?

They also come from different issuers: Touchstone and Dimensional Fund Advisors. Their fees differ too: 0.79% for TEMX and 0.43% for DEXC.

Which has better risk-adjusted returns?

DEXC currently has the higher Sharpe Ratio (2.36 vs 1.71), 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.