DFNL

Davis Select Financial ETF
*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 holds a concentrated portfolio of financial services companies of all capitalization, from both developed and emerging markets. The fund’s active management takes a bottom-up, research-driven approach to the global financial sector. DFNL emphasizes individual security selection and focuses particularly on the quality of a company’s management, business model and competitive advantages. The fund 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). DFNL launched in January 2017 from issuer Davis, an established asset manager that is new to ETFs.

DFNL MSCI ESG Analytics Insight

Davis Select Financial ETF has an MSCI ESG Fund Rating of A based on a score of 7.58 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 80th percentile within its peer group and in the 49th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

DFNL MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 10/21/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DFNL 11.77% 11.80% 37.37% 66.72% 14.17% -- --
DFNL (NAV) 11.26% 9.18% 36.74% 65.85% 14.04% -- --
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%
$231.24M
$388.45K
0.20%
IXG

DFNL Portfolio Data

$133.09B
10.52
1.30
1.06%
N/A
27

DFNL Index Data

No Underlying Index
Proprietary
Proprietary
Thomson Reuters Global Financials

DFNL Portfolio Management

0.64%
--
--
--

DFNL Tax Exposures

20.00% / 39.60%
0.98%
Qualified dividends
No

DFNL Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

DFNL Factset Analytics Block Liquidity

As of 10/22/21
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

13,032
$388.45K
7,122
$212.36K
0.20%
$0.06
0.10%
0.46% / -0.48%
None
85.00%
50,000
0.14
0.03%
0.09%
0
$32.62
4

DFNL Sector/Industry Breakdown


DFNL
Segment Benchmark
59.98%
57.00%
27.42%
20.70%
9.07%
19.95%

DFNL Countries


DFNL
Segment Benchmark
83.40%
41.79%
4.43%
2.67%
3.96%
1.06%
3.53%
0.33%
3.08%
0.34%
1.38%
5.66%
0.22%
4.60%
--
0.11%
--
2.08%
--
0.02%

DFNL Regions


DFNL
Segment Benchmark
83.40%
48.91%
11.26%
20.20%
5.34%
24.80%
--
3.98%
--
2.12%

DFNL Economic Development


DFNL
Segment Benchmark
100.00%
87.10%
--
12.90%

DFNL Performance Statistics

0.85
1.33
1.49
1.05
0.57%
Thomson Reuters Global Financials

DFNL MSCI ESG Ratings

7.58 / 10
49.45
79.53
6.35%
--
24.48

DFNL Benchmark Comparison Holdings

27
1399
25
17.79%

DFNL Benchmark Comparison Summary


DFNL
Segment Benchmark
27
1399
$133.09B
$88.08B
10.52
11.71
1.30
1.23
1.73%
2.49%
High
Low

DFNL Benchmark Comparison Market Cap Size


DFNL
Segment Benchmark
90.87%
79.47%
3.97%
15.35%
4.49%
4.55%
0.67%
0.63%