DEHP vs EELV

DEHPCDimensional Emerging Markets High Profitability ETF

EELVBInvesco S&P Emerging Markets Low Volatility ETF

In short

DEHP Dimensional's emerging-markets shelf boiled down to one idea: own the profitable companies. No index, about 800 large caps, 0.41% net of a waiver through February 28, 2027.

EELV EELV hunts the calm corners of emerging markets: roughly 200 of the least volatile stocks in a broad EM universe, chosen by rule rather than by a manager's hunch. Same asset class, deliberately lower-drama construction.

Stated mandate

DEHP The ETF seeks long-term capital appreciation. It uses an integrated investment approach emphasizing long-term expected-return drivers while diversifying across companies, sectors, and countries.

EELV The fund provides exposure to emerging-market stocks selected for low volatility by tracking the S&P BMI Emerging Markets Low Volatility Index.

Why people hold it

• DEHP Profitability is the whole thesis: the prospectus counts high earnings from operations relative to book value or assets, then overweights those names in the emerging-market universe.sec.gov
• No index to copy. Dimensional sets weights off market cap, relative price and profitability, and can reduce or exclude a holding on shorter-term signals such as price momentum.sec.gov
• 0.41% net of a fee waiver through February 28, 2027 (0.44% gross), near the median for emerging-market factor funds. Below PXH at 0.47%, above FNDE at 0.39%.
• Roughly 800 holdings across emerging-market countries and sectors, so the factor bet doesn't ride on a handful of names. Pays quarterly.

• EELV At 0.29% a year it undercuts the median fee in its emerging-markets factor cohort (0.44%), and it has run the same low-volatility rulebook since its 2012 launch.
• The rule is plain: track the S&P BMI Emerging Markets Low Volatility Index, which screens a broad EM universe on realized volatility. No stock-picker discretion.invesco.com
• Roughly 200 holdings means no single name or headline steers the whole portfolio, and distributions land on a quarterly schedule.

Worth knowing

• DEHP One factor, one region. When profitable large caps trail cheaper or calmer emerging-market stocks, the tilt works against it; min-vol peers EEMV and EELV play a different game.sec.gov
• Not among the busier tickers in its category, so the spread and a limit order are worth a look at the point of trade.
• Active, with no declared index behind it, so there's no tracking-error yardstick. What you get is Dimensional's weighting process.sec.gov

• EELV It trades lightly next to the category's largest funds, so the spread paid at the trade can matter as much as the 0.29% fee.
• A pure volatility screen reshapes the map: sector and country weights can sit far from a standard cap-weighted emerging-markets index.invesco.com
• Cheap, but not the cheapest low-vol EM shelf: iShares' EEMV lists a 0.25% fee.

Full DEHP profile⁠

Full EELV profile⁠