Davis Select Worldwide Etf Profile
| DWLD Etf | USD 38.78 0.13 0.34% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Davis Select is trading at 38.78 as of the 30th of November 2024, a 0.34 percent increase since the beginning of the trading day. The etf's lowest day price was 38.65. Davis Select has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Davis Select Worldwide are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The funds investment adviser, uses the Davis Investment Discipline to invest the funds portfolio principally in common stocks issued by both United States and foreign companies, including countries with developed or emerging markets. Davis Select is traded on BATS Exchange in the United States.. More on Davis Select Worldwide
Moving together with Davis Etf
Davis Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Broad Equity ETFs, Global Large-Stock Blend, Davis ETFs (View all Sectors) |
| Issuer | Davis Advisors |
| Inception Date | 2017-01-11 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 349.33 Million |
| Average Trading Valume | 9,888.2 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | Davis Selected Advisers, L.P. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Danton Goei |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 43.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.63 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | 30.5 |
| Name | Davis Select Worldwide ETF |
| Currency Code | USD |
| Open Figi | BBG00FNFQTK3 |
| In Threey Volatility | 20.31 |
| 1y Volatility | 13.07 |
| 200 Day M A | 34.3379 |
| 50 Day M A | 38.072 |
| Code | DWLD |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.28 |
Davis Select Worldwide [DWLD] is traded in USA and was established 2017-01-11. The fund is listed under Global Large-Stock Blend category and is part of Davis ETFs family. The entity is thematically classified as Size And Style ETFs. Davis Select Worldwide currently have 227.47 M in assets under management (AUM). , while the total return for the last 3 years was 10.1%.
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Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Davis Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Davis Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Davis Select Worldwide Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Davis Select Worldwide Currency Exposure
Davis Select Worldwide holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Davis Select will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Davis Select Worldwide.
Top Davis Select Worldwide Etf Constituents
| TAL | TAL Education Group | Stock | Consumer Discretionary | |
| ADNT | Adient PLC | Stock | Consumer Discretionary | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| WFC | Wells Fargo | Stock | Financials | |
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| EDU | New Oriental Education | Stock | Consumer Discretionary | |
| DNB | Dun Bradstreet Holdings | Stock | Industrials |
Davis Select Worldwide Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Davis Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.114 | |||
| Jensen Alpha | 0.0962 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0442 |
Davis Select Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Select Worldwide. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Davis Select Worldwide is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Select's value that differs from its market value or its book value, called intrinsic value, which is Davis Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Davis Select's market value can be influenced by many factors that don't directly affect Davis Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Davis Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.