Davis Select Worldwide ETF (DWLD)
Davis Select Worldwide ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Tucson, AZ, US. The stock last traded at $48.07, down 0.44% on the session, giving a market capitalisation of $565.0M. Its beta of 0.89 implies it has historically moved less than the broad market.
The fund's investment adviser, employing the Davis Investment Discipline, primarily allocates its portfolio to common equity securities issued by companies based in both the United States and other nations, spanning both developed and emerging markets. A substantial portion of these investments will target entities that are either legally domiciled or physically located outside the U.S., whose principal trading venue is international, or that generate a significant amount of their business beyond U.S. borders. The adviser defines "significant amount" as a company deriving at least half of its revenue or possessing at least half of its assets from outside the United States.
Davis Select Worldwide ETF is most often compared with the following Financial Services names: