Xtrackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW)
Xtrackers MSCI All World ex US High Dividend Yield Hedged Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $25.36, up 0.00% on the session, giving a market capitalisation of $11.4M. Its beta of 0.90 implies it has historically moved less than the broad market.
This ETF primarily allocates a minimum of 80% of its total assets (and typically a greater proportion) to the securities comprising its reference index. The objective of this underlying index is to track the performance of common stocks (excluding Real Estate Investment Trusts or REITs) drawn from its broader benchmark, the MSCI ACWI ex US Index. It selects companies from this parent index that demonstrate both higher dividend income and robust quality characteristics compared to the average dividend yields of equities within that same parent index. Crucially, these superior dividend and quality traits must also be determined to be both sustainable and persistent over time.
Xtrackers MSCI All World ex US High Dividend Yield Hedged Equity ETF is most often compared with the following Financial Services names: