DUHP vs MSLC
Dimensional US High Profitability ETF vs Morgan Stanley Pathway Large Cap Equity ETF
Which is better, DUHP or MSLC?
MSLC has been ahead.
DUHP has a lower expense ratio. MSLC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. MSLC is less concentrated, with 35.6% of the fund in its ten largest positions against 44.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DUHP | MSLC |
|---|---|---|
| Expense Ratio | 0.21%Best | 0.39% |
| AUM | $19.7B | $4.1B |
| Dividend Yield | 0.85% | 1.95% |
| Holdings | 160 | 793 |
| YTD Return | +11.84%Best | +10.97% |
| 1Y Return | +13.34% | +14.08%Best |
| 3Y Return (annualized) | +18.51% | - |
| Volatility (annualized) | 10.6%Best | 11.9% |
| Max Drawdown | -17.9%Tie | -17.9%Tie |
| $10,000 over 1.8 years | $12,147 | $12,375Best |
| Top 10 Weight | 44.3% | 35.6%Best |
| Fund Family | Dimensional | Morgan Stanley |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 23, 2022 | Dec 9, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 9, 2024 to Oct 14, 2026 (1.8 years).
DUHP vs MSLC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.
DUHP vs MSLC Performance
Dimensional US High Profitability ETF (DUHP) is an ETF from Dimensional and Morgan Stanley Pathway Large Cap Equity ETF (MSLC) is an ETF from Morgan Stanley. Over the past year DUHP returned +13.34% while MSLC returned +14.08%. Year to date, DUHP is up 11.84% versus a gain of 10.97% for MSLC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSLC has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 10.6% for DUHP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.9% for DUHP and -17.9% for MSLC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DUHP charges 0.21% per year while MSLC charges 0.39%. On a $10,000 position that is $21 vs $39 annually, a gap of $18 per year that compounds over a long holding period. On income, DUHP currently yields 0.85% against 1.95% for MSLC.
Holdings Overlap
99.6% of DUHP's money is in holdings MSLC also owns. 45.8% of MSLC's money is in holdings DUHP also owns.
Most of DUHP is already inside MSLC. Owning both mostly buys the same companies twice.
150 positions in common, counted across the 158 positions we hold weights for in DUHP and 789 in MSLC, against full books of 160 and 793.
What only one of them owns
Our book lists 546 positions for MSLC that do not appear in our book for DUHP (51.3% of the fund), and 4 for DUHP that do not appear in MSLC (0.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DUHP | Weight in MSLC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.90% | 7.04% | 0.86% |
| AAPLApple, Inc | 7.41% | 5.80% | 1.61% |
| MSFTMicrosoft Corp | 4.90% | 5.55% | 0.65% |
| METAMeta Platforms Inc | 4.32% | 2.31% | 2.01% |
| MUMicron Technology, Inc. | 4.25% | 1.60% | 2.65% |
| LLYEli Lilly & Co. | 4.57% | 1.05% | 3.52% |
| VVisa Inc Class A | 4.18% | 1.18% | 3.00% |
| MAMastercard Inc | 2.34% | 0.87% | 1.47% |
| CATCaterpillar, Inc. | 2.27% | 0.45% | 1.82% |
| LRCXLrcx Uw Equity | 2.18% | 0.41% | 1.77% |
99.6% of DUHP is already inside MSLC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DUHP or MSLC?
DUHP has an expense ratio of 0.21% while MSLC charges 0.39%. DUHP is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, DUHP or MSLC?
Over the past year DUHP returned +13.34% vs +14.08% for MSLC, so MSLC leads on 1-year performance. Over the longest common window we track (2 years), DUHP annualized +11.41% vs +12.57% for MSLC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DUHP or MSLC?
MSLC has been the more volatile fund at 11.9% annualized versus 10.6% for DUHP. Worst drawdown: DUHP -17.9% vs MSLC -17.9%.
Should I hold both DUHP and MSLC?
DUHP and MSLC have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DUHP and MSLC?
99.6% of DUHP's money is in holdings MSLC also owns. 45.8% of MSLC's is in holdings DUHP also owns. They hold 150 positions in common, counted across the 158 positions we hold weights for in DUHP and 789 in MSLC.
Which pays a higher dividend, DUHP or MSLC?
DUHP yields 0.85% while MSLC yields 1.95%, so MSLC currently pays the higher dividend yield.
Is MSLC better than DUHP?
DUHP has a lower expense ratio. MSLC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. MSLC is less concentrated, with 35.6% of the fund in its ten largest positions against 44.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.