Dimensional Emerging Markets High… (DEHP) Performance
DEHP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.7% since Dec 31, 2025
- 1 year
- +19.6% total return
- 3 years
- +21.3% a year
- Since first price
- +11.7% a year since 2022
DEHP trailing returns vs SPY, QQQ, AGG
| Period | DEHP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.5% | −10.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −6.2% | −6.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.4% | −1.4% | +7.8% | +8.4% | −1.5% |
| YTD | +16.7% | +15.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.6% | +17.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +78.3%+21.3%/yr | +68.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionApr 27, 2022 | +64.2%+11.7%/yr | +48.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DEHP vs SPY
From Apr 27, 2022: DEHP grew to $16,419, SPY to $19,345.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DEHP returns by calendar year
3 of 3 full years positive. Best 2025 (+32.9%), worst 2024 (+4.5%). 2026 is year to date.
DEHP annual returns table
| Year | DEHP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.7% | −17.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.9% | −15.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.5% | −10.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.3% | −10.7% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DEHP largest drawdowns
Now 16.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 4, 2022 | −22.9% | Oct 31, 2022 | Mar 7, 2024 | 6 months | 1.8 years |
| Oct 7, 2024 | −19.1% | Apr 8, 2025 | Jun 10, 2025 | 6 months | 8 months |
| Jun 22, 2026 | −17.5% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
| Feb 25, 2026 | −13.2% | Mar 30, 2026 | Apr 14, 2026 | 33 days | 48 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DEHP risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +24.4% | +14.1% |
| Volatility (annualized) | 17.2% | 19.3% |
| Sharpe ratio | 1.11 | 0.57 |
| Sortino ratio | 2.12 | 1.00 |
| Best month | +16.4% | +16.9% |
| Worst month | −9.1% | −11.1% |
| Best 12 months | +66.7% | +66.7% |
| Worst 12 months | +4.0% | −8.0% |
| Positive months | 64% | 53% |
| Beta vs S&P 500 | 0.91 | — |
| Correlation with S&P 500 | 0.66 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DEHP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 43 | −8.0% | +12.7% | +66.7% | 93% |
| 3-year (a year) | 19 | +2.2% | +17.7% | +26.4% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
DEHP performance overview
Dimensional Emerging Markets High… (DEHP) returned +19.6% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +11.7% a year, turning $10,000 into about $16,419. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.9%, from May 4, 2022 to Oct 31, 2022, and it took 1.3 years to get back to the old high. DEHP finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+32.9%) and the worst 2024 (+4.5%). Volatility has been 19.3% a year.
Related: DEHP chart, DEHP holdings, DEHP dividends. See the DEHP overview for the latest quote and fund facts.
DEHP performance FAQ
What is the DEHP return over the past year?
DEHP returned +19.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.9%.
How much would $10,000 invested in DEHP be worth?
$10,000 invested in DEHP at its first recorded close on April 27, 2022 would be worth about $16,419 on October 23, 2026 with distributions reinvested.
What was the worst year for DEHP?
The worst calendar year was 2024, with a total return of +4.5%. The best was 2025 at +32.9%.
What is the biggest drawdown of DEHP?
The largest peak-to-trough decline was −22.9% between May 4, 2022 and October 31, 2022. It recovered to the old high on March 7, 2024, 1.3 years after the bottom.
How volatile is DEHP?
Over the past 3 years DEHP had an annualized volatility of 17.2% and a Sharpe ratio of 1.11 (excess return over 1–3 month T-bills per unit of risk).