Touchstone Dynamic International ETF (TDI)
Touchstone Dynamic International ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Cincinnati, OH, US. The stock last traded at $47.01, up 1.14% on the session, giving a market capitalisation of $84.8M. On trailing twelve-month figures it carries a trailing P/E of -146.91, a net margin of 40.1%. Its beta of 0.95 implies it has historically moved less than the broad market.
TDI provides investors with extensive exposure to global stock markets, specifically those located outside of the United States. Its investments can encompass a diverse range of assets, including ordinary and preference shares, depositary receipts, real estate investment trusts (REITs), and other exchange-traded funds. The fund's portfolio is constructed by its sub-advisor utilizing the Dynamic Alpha Stock Selection Model, a proprietary quantitative methodology. This model aims to assemble a risk-controlled, forward-looking portfolio that can adjust to evolving market dynamics. It determines potential returns for each security by evaluating its risk attributes through a three-stage procedure that incorporates both fundamental financial metrics and statistical tools. An optimization process then selects a portfolio of approximately 100 to 140 securities, chosen for their maximized expected return relative to a defined risk threshold. The fund undergoes regular rebalancing. On December 11, 2023, TDI transitioned from its previous structure as a mutual fund to become an actively managed ETF, managing $62 million in assets at the time of conversion.
Touchstone Dynamic International ETF is most often compared with the following Financial Services names: