DFNL

Davis Select Financial ETF
C

52
*Unless otherwise stated, data provided by FactSet.

DFNL Fund Description

DFNL is an actively managed portfolio of global financial sector stocks. The fund seeks long-term growth of capital.

DFNL Factset Analytics Insight

DFNL’s active manager takes a bottom-up approach to the global financial sector, emphasizing individual security selection and focusing particularly on the quality of a company’s management, business model, and competitive advantages. The manager aims to purchase securities at a discount to intrinsic value, ideally holding these positions for at least five years. DFNL’s definition of the financial sector is consistent with the 2016 GICS reclassification , meaning it excludes real estate firms and REITs (but includes mortgage REITs).While DFNL can’t be called cheap, the fee is reasonable in light of the fund’s broad reach and active management. The fund competes primarily with iShares’ IXG, which takes an index-based approach to the global financial sector. DFNL launched in January 2017 from issuer Davis, an established asset manager which is new to ETFs.

DFNL MSCI ESG Analytics Insight

Davis Select Financial ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.51 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Davis Select Financial ETF ranks in the 28th percentile within its peer group and in the 42nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

DFNL CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/22/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DFNL -4.44% -3.46% 9.13% -7.62% -- -- --
DFNL (NAV) -4.33% -2.81% 8.90% -6.98% -- -- --
No Underlying Index -- -- -- -- -- -- --
Thomson Reuters Global Financials -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DFNL Summary Data

Davis
01/11/17
Open-Ended Fund
0.64%
$139.85M
$299.45K
0.28%

DFNL Portfolio Data

$137.74B
13.74
1.28
2.85%
N/A
28

DFNL Index Data

No Underlying Index
Proprietary
Proprietary
Thomson Reuters Global Financials

DFNL Portfolio Management

0.64%
--
--
--

DFNL Tax Exposures

20.00% / 39.60%
1.19%
Qualified dividends
No

DFNL Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DFNL Factset Analytics Block Liquidity

As of 08/23/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DFNL. DFNL is rated a 4 out of 5.

DFNL Tradability

12,962
$299.45K
9,243
$217.47K
0.28%
$0.06
0.04%
0.68% / -0.68%
None
90.00%
50,000
0.18
0.04%
0.05%
--
$22.48
4

DFNL Sector/Industry Breakdown


DFNL
Segment Benchmark
53.56%
46.57%
29.08%
20.85%
14.07%
11.23%
3.29%
--

DFNL Countries


DFNL
Segment Benchmark
86.33%
43.48%
5.47%
2.16%
3.79%
0.28%
3.25%
1.50%
0.60%
0.23%
0.56%
4.74%
--
0.45%
--
1.75%
--
0.78%
--
0.05%

DFNL Regions


DFNL
Segment Benchmark
86.33%
49.04%
10.42%
18.01%
3.25%
26.65%
--
2.59%
--
3.71%

DFNL Economic Development


DFNL
Segment Benchmark
100.00%
87.93%
--
12.07%

DFNL Performance Statistics

0.81
1.30
1.38
1.29
0.50%
Thomson Reuters Global Financials

DFNL MSCI ESG Ratings

BBB
4.51 / 10
41.67
27.71
7.51%
0.79%
28.33

DFNL BENCHMARK COMPARISON HOLDINGS

28
2291
25
15.62%

DFNL BENCHMARK COMPARISON SUMMARY


DFNL
Segment Benchmark
28
2291
$137.74B
$76.82B
13.74
13.00
1.28
1.20
2.22%
3.41%
High
Low

DFNL BENCHMARK COMPARISON MARKET CAP SIZE


DFNL
Segment Benchmark
86.91%
70.66%
9.58%
20.97%
2.91%
7.28%
0.60%
1.10%