ETF Evaluator:
Davis Select Worldwide ETF (DWLD)
Follow This ETF
(as of Jul 31)
Best Performing in Global Large-Stock Blend Over the Last Year
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ETF Details
Davis Select Worldwide ETF Overview
Davis Select Worldwide ETF (DWLD) is an actively managed International Equity Global Large-Stock Blend exchange-traded fund (ETF). Davis ETFs launched the ETF in 2017.
The investment seeks long-term growth of capital.
The fund's investment adviser, uses the Davis Investment Discipline to invest the fund's portfolio principally in common stocks issued by both United States and foreign companies, including countries with developed or emerging markets. It will invest significantly in issuers (i) organized or located outside of the U.S.; (ii) whose primary trading market is located outside the U.S.; or (iii) doing a substantial amount of business outside the U.S., which the adviser considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.
About Davis Select Worldwide ETF (DWLD)
There are 1 members of the management team with an average tenure of 9.47 years: Danton Goei (2017). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Davis Select Worldwide ETF has 38 securities in its portfolio. The top 10 holdings constitute 43.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Davis Select Worldwide ETF is part of the Equity global asset class and is within the International Equity ETF group. Davis Select Worldwide ETF has 46.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 53.5% There is 46.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Davis Select Worldwide ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $567 million in total assets, which is below the $2 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DWLD Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Davis Select Worldwide ETF expense ratio is above average compared to funds in the Global Large-Stock Blend category. Davis Select Worldwide ETF has an expense ratio of 0.62%, which is 25% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Davis Select Worldwide ETF has a portfolio turnover rate of 19%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 60% for the Global Large-Stock Blend category.
Recently, in the month of June 2026, Davis Select Worldwide ETF returned -3.2%, which earned it a grade of F, as the Global Large-Stock Blend category had an average return of -0.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Davis Select Worldwide ETF has a trailing yield of 0.90%, which is below the 1.72% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Davis Select Worldwide ETF Grades
Year to date, the ETF has returned -0.8%, 9.9 percentage points worse than the category, which translates into a grade of F. The fund has returned 13.2% over the past year (grade of D), 18.7% over the past three years (grade of C) and 7.5% per year over the past five years (grade of D).
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DWLD Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DWLD Return (NAV) | -3.2% | 5.6% | 13.2% | 18.7% | 7.5% | na |
| DWLD Return (Price) | -3.2% | 5.5% | 13.3% | 18.7% | 7.5% | na |
| NAV +/- Price Return | -0.014% | 0.065% | -0.088% | -0.026% | 0.024% | na |
| Global Large-Stock Blend Avg | -0.9% | 12.1% | 19.5% | 16.4% | 8.3% | 11.8% |
| DWLD Grade (NAV) | F | F | D | C | D | na |
| +/- Category (NAV) | -2.3% | -6.5% | -6.3% | 2.3% | -0.8% | na |
| DWLD Tax-Cost Ratio | na | na | 0.5% | 0.5% | 0.5% | na |
DWLD Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DWLD Return (NAV) | -0.8% | 30.5% | 24.2% | 20.0% | -14.1% | -4.0% | 23.3% | 30.7% | -22.1% | na | na |
| DWLD Return (Price) | -0.9% | 30.4% | 24.4% | 20.6% | -14.2% | -4.0% | 22.7% | 31.3% | -22.4% | na | na |
| NAV +/- Price Ret | 0.029% | -0.001% | 0.006% | 0.030% | 0.009% | 0.004% | -0.024% | 1.9% | 1.4% | na | na |
| Global Large-Stock Blend Avg | 9.1% | 20.3% | 13.5% | 18.1% | -17.7% | 17.3% | 18.3% | 26.8% | -9.1% | 23.4% | 8.1% |
| DWLD Grade (NAV) | F | A | A | C | B | F | A | A | F | na | na |
| +/- Category | -9.9% | 10.1% | 10.7% | 2.0% | 3.6% | -21.3% | 5.0% | 3.9% | -13.0% | na | na |
| Risk Measures | |
| Beta: | 0.89 |
| R-Squared: | 65% |
| Standard Deviation: | 14.0% |
| Category Risk Index: | 1.04 |
| Category Risk Rating: | High |
| Total Risk Index: | 1.15 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.9% |
| Total Assets: | $ 568 Mil |
| Share Class Assets: | $ 568 Mil |
| Turnover: | 19.0% |
| Expense Ratio: | 0.62% |
| Index Fund: | No |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 9.5 years | |||
| Average Tenure: 9.5 years | |||
| Managers (Year): Goei Danton (2017) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 38 |
| % in Top 10 Holdings: | 43.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 46.5% |
Portfolio Allocation |
|
| Domestic Stock: | 53.5% |
| Foreign Stock: | 46.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Davis ETFs |
| Phone Number: | 800-279-0279 |
| Website: | |
| Inception Date: | January 11, 2017 |
Expenses and Fees
| Expense Ratio (%): | 0.62% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.50% |
