DMCYDemocracy International Fund ETF
DMCY Fund Description
DMCY tracks an index of global, large- and mid-cap companies outside the US. The index aims to overweight investments in democratic countries while underweighting those in authoritarian countries.
DMCY Factset Analytics Insight
DMCY’s underlying index aims to invest heavily in companies located in democratic countries, and less heavily in authoritarian countries. Index construction begins by utilizing the “Democracy Score” assigned to each country by The Economist Group, Limited’s Democracy Index. This score is a composite of 60 different criteria from five categories of: electoral process and pluralism, civil liberties, functioning of government, political participation, and political culture. Using the holdings from the Solactive GBS Global Markets ex-United States Large & Mid Cap USD Index, companies are reweighted based on the product of the company’s market-cap and Democracy Score. This results in a portfolio that overweights large companies from countries with higher Democracy Scores. Do note that certain companies from authoritarian countries may be overweighted if they have a sufficiently large market capitalization. Rebalancing and reconstitution of the underlying index is done quarterly.
DMCY Summary Data
DMCY Portfolio Data
DMCY Index Data
DMCY Portfolio Management
DMCY Tax Exposures
DMCY Fund Structure
DMCY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DMCY. DMCY is rated a 4 out of 5.
DMCY Sector/Industry Breakdown
DMCY Economic Development
DMCY Performance Statistics
DMCY Benchmark Comparison Summary
DMCY Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.