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ETFs

Dimensional International High Profitability ETF

DIHP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 23 2022
Expense Ratio
0.29%
Type
Global Ex. US Equities
Fund Owner
Dimensional
Volume (1m avg. daily)
$5,576,609
AUM
$1,406,235,600
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ASML
ASML Holding NV - New York Shares
3.62%
MC
Lvmh Moet Hennessy Vuitton SE
3.29%
NESN
Nestle SA
3.06%
TTE
TotalEnergies SE
2.94%
ROG
Roche Holding AG
2.89%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
2.61%
BP
BP plc - ADR
2.39%
BHP
BHP Group Limited - ADR
2.18%
6758
Sony Group Corporation
1.58%
UL
Unilever plc - ADR
1.57%
Invest with DIHP

What is DIHP?

The Portfolio is designed to purchase securities of large non-U.S. companies that the Advisor determines to have high profitability relative to other large capitalization companies in the same country or region, at the time of purchase. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The Portfolio may emphasize certain stocks, including smaller capitalization companies, lower relative price stocks, and/or higher profitability stocks as compared to their representation in the large-cap high profitability segments of developed non-U.S. markets. The Portfolio's increased exposure to such stocks may be achieved by overweighting and/or underweighting eligible stocks based on their market capitalization, relative price, and/or profitability characteristics.

ETFs related toDIHP

ETFs correlated to DIHP include SPDW, SCHF, VEA

DIHP
Dimensional ETF Trust - Dimensional International High Profitability ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
IQLT
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Quality Factor ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDIHP

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DIHP using Composer

FAQ

DIHP is a Global Ex. US Equities ETF. The Portfolio is designed to purchase securities of large non-U.S. companies that the Advisor determines to have high profitability relative to other large capitalization companies in the same country or region, at the time of purchase. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The Portfolio may emphasize certain stocks, including smaller capitalization companies, lower relative price stocks, and/or higher profitability stocks as compared to their representation in the large-cap high profitability segments of developed non-U.S. markets. The Portfolio's increased exposure to such stocks may be achieved by overweighting and/or underweighting eligible stocks based on their market capitalization, relative price, and/or profitability characteristics.

Yes, DIHP is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, DIHP is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DIHP is -0.0036%. This is the percent change in the value of DIHP over the most recent 1-month period. The 3-month return on DIHP is -0.0206%. This is the percent change in the value of DIHP over the most recent 3-month period.

The standard deviation of DIHP for the past year is 0.1769%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DIHP include DGS, DFIV, and DXJ.

ETFs correlated to DIHP include SPDW, SCHF, and VEA.

ETFs that are inversely correlated to DIHP include EFZ, EPV, and SH.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.