Dimensional Emerging Markets Value ETF (DFEV) Performance
DFEV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +20.5% since Dec 31, 2025
- 1 year
- +24.0% total return
- 3 years
- +24.2% a year
- Since first price
- +14.6% a year since 2022
DFEV trailing returns vs SPY, QQQ, AGG
| Period | DFEV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.1% | −6.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.3% | −1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.1% | +2.6% | +7.8% | +8.4% | −1.5% |
| YTD | +20.5% | +18.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +24.0% | +21.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +91.4%+24.2%/yr | +76.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionApr 27, 2022 | +84.5%+14.6%/yr | +59.6% | — | — | — |
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: DFEV vs SPY
From Apr 27, 2022: DFEV grew to $18,455, SPY to $19,345.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DFEV returns by calendar year
3 of 3 full years positive. Best 2025 (+32.5%), worst 2024 (+7.3%). 2026 is year to date.
DFEV annual returns table
| Year | DFEV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +20.5% | −13.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.5% | −15.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.3% | −9.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.5% | −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.
DFEV largest drawdowns
Now 9.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 4, 2022 | −18.5% | Oct 31, 2022 | Jun 14, 2023 | 6 months | 1.1 years |
| Oct 7, 2024 | −17.9% | Apr 8, 2025 | Jun 4, 2025 | 6 months | 8 months |
| Jun 22, 2026 | −13.9% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
| Feb 25, 2026 | −11.4% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
| Jul 31, 2023 | −10.7% | Oct 27, 2023 | Dec 28, 2023 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DFEV risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +24.8% | +16.2% |
| Volatility (annualized) | 15.0% | 16.7% |
| Sharpe ratio | 1.27 | 0.74 |
| Sortino ratio | 2.44 | 1.28 |
| Best month | +12.1% | +13.7% |
| Worst month | −8.1% | −10.2% |
| Best 12 months | +56.7% | +56.7% |
| Worst 12 months | +4.9% | −3.8% |
| Positive months | 72% | 62% |
| Beta vs S&P 500 | 0.76 | — |
| Correlation with S&P 500 | 0.63 | — |
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.
DFEV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 43 | −3.8% | +15.5% | +56.7% | 95% |
| 3-year (a year) | 19 | +5.6% | +19.0% | +26.6% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
DFEV performance overview
Dimensional Emerging Markets Value ETF (DFEV) returned +24.0% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +14.6% a year, turning $10,000 into about $18,455. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.5%, from May 4, 2022 to Oct 31, 2022, and it took 7 months to get back to the old high. DFEV finished 3 of its 3 full calendar years with a gain; the best year was 2025 (+32.5%) and the worst 2024 (+7.3%). Volatility has been 16.7% a year.
Related: DFEV chart, DFEV holdings, DFEV dividends. See the DFEV overview for the latest quote and fund facts.
DFEV performance FAQ
What is the DFEV return over the past year?
DFEV returned +24.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 21.3%.
How much would $10,000 invested in DFEV be worth?
$10,000 invested in DFEV at its first recorded close on April 27, 2022 would be worth about $18,455 on October 23, 2026 with distributions reinvested.
What was the worst year for DFEV?
The worst calendar year was 2024, with a total return of +7.3%. The best was 2025 at +32.5%.
What is the biggest drawdown of DFEV?
The largest peak-to-trough decline was −18.5% between May 4, 2022 and October 31, 2022. It recovered to the old high on June 14, 2023, 7 months after the bottom.
How volatile is DFEV?
Over the past 3 years DFEV had an annualized volatility of 15.0% and a Sharpe ratio of 1.27 (excess return over 1–3 month T-bills per unit of risk).