Davis Select Equity Etf Profile
| DUSA Etf | USD 44.34 0.27 0.61% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Davis Select is trading at 44.34 as of the 24th of November 2024, a 0.61% up since the beginning of the trading day. The etf's open price was 44.07. Davis Select has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Davis Select Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. companies. Davis Select is traded on BATS Exchange in the United States. The company has 25.03 M outstanding shares of which 1.16 M shares are currently shorted by private and institutional investors with about 1.1 trading days to cover. More on Davis Select Equity
Moving together with Davis Etf
| 0.85 | VTI | Vanguard Total Stock | PairCorr |
| 0.94 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.84 | IVV | iShares Core SP | PairCorr |
| 0.74 | VIG | Vanguard Dividend | PairCorr |
| 0.84 | VV | Vanguard Large Cap | PairCorr |
| 0.81 | RSP | Invesco SP 500 | PairCorr |
Moving against Davis Etf
Davis Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Large Blend, Davis ETFs, Pharmaceutical Products (View all Sectors) |
| Issuer | Davis Advisors |
| Inception Date | 2017-01-11 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 585.55 Million |
| Average Trading Valume | 31,179.7 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | Davis Selected Advisers, L.P. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Christopher Davis, Danton Goei |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 30.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.61 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | 25.75 |
| Name | Davis Select US Equity |
| Currency Code | USD |
| Open Figi | BBG00FNFQQC8 |
| In Threey Volatility | 18.75 |
| 1y Volatility | 13.01 |
| 200 Day M A | 40.3703 |
| 50 Day M A | 42.1294 |
| Code | DUSA |
| Updated At | 23rd of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.29 |
Davis Select Equity [DUSA] is traded in USA and was established 2017-01-11. The fund is listed under Large Blend category and is part of Davis ETFs family. The entity is thematically classified as Large Cap ETFs. Davis Select Equity currently have 289.75 M in assets under management (AUM). , while the total return for the last 3 years was 10.1%.
Davis Select Equity currently holds about 32.31 M in cash with 8.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29.
Check Davis Select Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Davis Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Davis Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Davis Select Equity Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Davis Select Equity Currency Exposure
Davis Select Equity holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Davis Select will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Davis Select Equity.
Top Davis Select Equity Etf Constituents
| GE | GE Aerospace | Stock | Industrials | |
| MKL | Markel | Stock | Financials | |
| WFC | Wells Fargo | Stock | Financials | |
| USB | US Bancorp | Stock | Financials | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| RTX | Raytheon Technologies Corp | Stock | Industrials | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services |
Davis Select Equity Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Davis Select. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1088 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.016 |
Davis Select Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Select Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Davis Select Equity is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Select's value that differs from its market value or its book value, called intrinsic value, which is Davis Select's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Davis Select's market value can be influenced by many factors that don't directly affect Davis Select's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Davis Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.