Davis Select Worldwide ETF
DWLD
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 2949 East Elvira Road, Suite 101 Tucson AZ United States of America 85756
- IPO Date
- Jan 12, 2017
- CIK
- 0001670310
- Website
- davisetfs.com
- Similar Companies
- Business
- Davis Select Worldwide ETF (DWLD) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing principally in common stocks, including depositary receipts, issued by companies in both the United States and foreign markets, including developed and emerging markets; the fund applies the Davis Investment Discipline to select a concentrated portfolio of 35 to 39 high-conviction, high-quality companies with attractive growth prospects trading at discounts to their intrinsic value, benchmarked against the MSCI ACWI Index. Core holdings as of December 2025 include Ping An Insurance (Group) Company of China, Trip.com Group, Full Truck Alliance, Prosus, Samsung Electronics, Capital One Financial, MGM Resorts International, AppLovin, Meta Platforms, and Coterra Energy, with sector allocations emphasizing consumer discretionary (23.6%), financials (22.9%), information technology (11.8%), health care (9.8%), and industrials (9.2%); the fund maintains approximately 50% exposure to the United States, 29% to emerging markets, and 21% to developed markets ex-U.S., targeting investors seeking global equity exposure with low turnover, tax efficiency, and intra-day liquidity on the Cboe Global Markets exchange. DWLD, with total net assets of approximately $507 million, an expense ratio of 0.63% (capped at 0.65% until March 1, 2025), and an inception date of January 11, 2017, is issued by Davis Fundamental ETF Trust and managed by Davis Selected Advisers, L.P., an independent investment management firm founded in 1969 and headquartered in New York. Recent developments include Capital One Financial's completion of its merger with Discover Financial Services in May 2025, positioning the combined entity as the sixth-largest U.S. bank with expected synergies in costs and global credit card expansion; the addition of new positions such as AppLovin Corporation in March 2025 amid market weakness and Solventum Corporation following its April 2024 spinoff from 3M, with Solventum agreeing to sell a non-core purification business to Thermo Fisher Scientific; and continued portfolio adjustments by Davis Selected Advisers, such as significant increases in holdings like Tyson Foods in Q2 2025, alongside strong first-half 2025 performance of +14.26% driven by contributors including Danske Bank, Meta Platforms, NetEase, and Sea Limited. The fund operates globally, serving individual and institutional investors through a selective, undervalued approach that has delivered annualized returns since inception of approximately 10-11% through September 2025, outperforming the benchmark in multiple periods amid volatile markets influenced by U.S. tariffs and AI advancements.