DEHP vs EEMV

DEHPCDimensional Emerging Markets High Profitability ETF

EEMVAiShares MSCI Emerging Markets Min Vol Factor 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.

EEMV Emerging markets with the volume turned down. Since 2011, EEMV has tracked MSCI's minimum-volatility EM index, holding roughly 300 stocks picked for steadiness rather than size, at 0.25% a year.

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.

EEMV The fund seeks to track an index of emerging-market equities selected for minimum-volatility characteristics.

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.

• EEMV At 0.25%, it carries the lowest fee in its emerging-markets factor cohort, undercutting EELV at 0.29% and ECOW at 0.70%, and sitting well below the group median.
• Live since 2011 and now a multi-billion-dollar fund: a long public track record of running the min vol playbook in the world's bumpiest equity markets.
• About 300 emerging-market names, chosen by published index rules rather than a manager's hunch, so what you own is auditable rather than discretionary.
• Stands among the stronger implementations in its emerging-markets factor peer group on our review, largely on cost and issuer staying power.

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

• EEMV Minimum volatility is a construction rule, not a floor. The index aims for smaller swings; emerging-market currency, country and political risk still ride along.
• Screening for low volatility pulls country and sector weights away from a cap-weighted EM benchmark, so it can move to a different rhythm than the headline index.
• Volume is moderate rather than torrential, so execution habits (limit orders, skipping the opening minutes) matter more here than with a mega-cap index fund.

Full DEHP profile⁠

Full EEMV profile⁠