UDBI

Legg Mason U.S. Diversified Core ETF
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85
*Unless otherwise stated, data provided by FactSet.

UDBI Fund Description

UDBI tracks an index of US stocks across the market cap spectrum. Sectors are grouped into clusters based on high correlation; clusters are equally weighted.

UDBI Factset Analytics Insight

This fund is closing. The last day of trading is March 15, 2019. Launched Dec 2015, UDBI aims for broad exposure to US equities with a top-down approach to risk diversification. The fund selects stocks from the big and broad MSCI USA IMI index, covering about 99% of the investible universe. The fund’s index does not screen out any names, emphasizing instead a somewhat novel weighting approach. Stocks in the parent index are grouped into sectors, and the sectors are evaluated from a correlation standpoint: sectors with high correlation to each other are grouped into clusters. Each cluster receives equal weight. By design the clusters will tend to have lower correlation to each other, reducing risk from a classic portfolio math point of view.UDBI charges a reasonable fee for its alternative weighting. It’s part of an initial suite of funds from issuer Legg Mason—the firm is new to ETFs but runs many mutual funds and separate accounts.

UDBI MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 20, 2019 the Legg Mason U.S. Diversified Core ETF MSCI ESG Fund Quality Score is 5.12 out of 10.

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. UDBI ranks in the 34th percentile within its peer group and in the 37th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

UDBI 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 02/20/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UDBI 5.28% -1.52% 14.18% 3.04% 13.58% -- --
UDBI (NAV) 5.32% 6.13% 13.15% 3.73% 13.48% -- --
QS DBI US Diversified Index -- -- -- -- -- -- --
MSCI USA IMI 4.86% 6.61% 12.38% 4.80% 16.00% 10.47% 16.37%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UDBI Top 10 Countries

UDBI Top 10 Sectors

UDBI Top 10 Holdings [View All]

UDBI Summary Data

Legg Mason
12/29/15
Open-Ended Fund
0.30%
$3.14M
$10.32K
1.23%

UDBI Portfolio Data

$114.24B
18.96
2.49
6.68%
12/26/19
1120

UDBI Index Data

Proprietary
Proprietary
MSCI USA IMI

UDBI Portfolio Management

0.30%
--
--
--

UDBI Tax Exposures

20.00% / 39.60%
1.54%
Qualified dividends
No

UDBI Fund Structure

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

UDBI Factset Analytics Block Liquidity

As of 02/21/19
5
4
3
2
1

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

UDBI Tradability

326
$10.32K
13
0
1.23%
$0.34
0.08%
12.05% / -4.00%
None
100.00%
100,000
0.00
0.05%
0.00%
--
$30.28
4

UDBI Sector/Industry Breakdown


UDBI
Segment Benchmark
15.99%
23.52%
14.34%
12.99%
12.49%
16.89%
12.28%
10.05%
11.11%
13.80%
11.04%
7.06%
7.56%
5.06%
6.65%
3.16%
5.61%
2.24%
1.94%
2.05%

UDBI Countries


UDBI
Segment Benchmark
99.87%
99.92%
0.13%
0.08%

UDBI Regions


UDBI
Segment Benchmark
100.00%
100.00%

UDBI Economic Development


UDBI
Segment Benchmark
100.00%
100.00%

UDBI Performance Statistics

0.98
0.90
0.88
0.91
0.19%
MSCI USA IMI

UDBI MSCI ESG Ratings

5.12 / 10
33.82
36.95
11.73%
4.96%
278.74

UDBI BENCHMARK COMPARISON HOLDINGS

1120
2420
2,191
64.05%

UDBI BENCHMARK COMPARISON SUMMARY


UDBI
Segment Benchmark
1120
2420
$114.24B
$167.45B
18.96
20.39
2.49
2.82
2.38%
2.07%
Low
Low

UDBI BENCHMARK COMPARISON MARKET CAP SIZE


UDBI
Segment Benchmark
69.76%
79.57%
22.47%
15.15%
7.18%
4.77%
0.58%
0.51%