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I maintain a neutral stance on the Davis Select U.S. Equity ETF, expecting it to underperform IVV for the rest of 2026. DUSA has modestly outperformed IVV year-to-date despite its low-beta, high-EY portfolio, which I expected to restrain upside capture. Nevertheless, I still anticipate the growth and GARP factors to retake leadership from low volatility and value.
Davis Select U.S. Equity ETF retains a Hold rating, as its growth-light factor mix and soft past performance do not support an upgrade. DUSA's portfolio is underweight in growth and GARP factors, while overweight in low volatility and value, limiting its upside potential versus IVV amid de-escalation. Despite the YTD outperformance, DUSA's total return since inception in 2017 is still approximately 60% weaker than IVV's.
Active management is gaining traction as investors navigate a market paradox where high valuations meet geopolitical uncertainty, according to Chris Davis, chairman and portfolio manager at Davis Advisors. Key Takeaways: DUSA crossed $1 billion in assets with a portfolio of 26 stocks trading at 14 times earnings.
In a recent webcast, Dodd Kittsley, director of ETF strategy at Davis Advisors, sat down with Cinthia Murphy, director of research at VettaFi, to unpack how active management is evolving — and where the Davis Select U.S. Equity ETF (DUSA) fits into that shift.
In a market environment defined by extreme index concentration and the transformative ripples of artificial intelligence, investors are increasingly questioning the sustainability of passive strategies.
The Davis Select U.S. Equity ETF (DUSA) officially surpassed $1 billion in assets under management, marking a significant milestone for the active ETF. This achievement comes as the fund celebrates nine years of navigating the U.S. large-cap landscape with a high-conviction, benchmark-agnostic approach.
NEW YORK--(BUSINESS WIRE)--Davis Advisors, announced that the Davis Select U.S. Equity ETF (DUSA) has surpassed $1 billion in assets under management.
Yesterday a pair of ETFs from a new asset manager, Scharf Investments, began trading. While this might not seem case for celebration, the firm has a record of 42 years of active management and the funds — KAT and GKAT — launched with approximately $900 million in assets.