# Davis Select Worldwide ETF (DWLD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dwld for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Davis · Asset class: Equity - Strategy: Actively Managed · Inception: 2017-01-11 The fund's investment adviser, employing the Davis Investment Discipline, primarily allocates its portfolio to common equity securities issued by companies based in both the United States and other nations, spanning both developed and emerging markets. A substantial portion of these investments will target entities that are either legally domiciled or physically located outside the U.S., whose principal trading venue is international, or that generate a significant amount of their business beyond U.S. borders. The adviser defines "significant amount" as a company deriving at least half of i... ## Key Facts | Metric | Value | |---|---| | Price | $44.37 | | Expense Ratio | 0.62% | | Assets Under Management | $570.7M | | NAV | $44.40 | | Holdings Count | 38 | | Distribution Yield (TTM) | 1.64% | | Annual Distribution (TTM) | $0.73 /share | | Distribution Frequency | Annual | | 52-Week Range | $42.44 – $49.48 | | Beta | 0.89 | ## Latest Distribution - Amount: $0.7280 /share - Ex-date: 2025-12-29 - Pay date: 2025-12-30 ## Frequently Asked Questions ### What does DWLD invest in? The fund's investment adviser, employing the Davis Investment Discipline, primarily allocates its portfolio to common equity securities issued by companies based in both the United States and other nations, spanning both developed and emerging markets. A substantial portion of these investments will target entities that are either legally domiciled or physically located outside the U.S., whose principal trading venue is international, or that generate a significant amount of their business beyond U.S. borders. The adviser defines "significant amount" as a company deriving at least half of its revenue or possessing at least half of its assets from outside the United States. ### What is the expense ratio of DWLD? Davis Select Worldwide ETF (DWLD) charges an expense ratio of 0.62%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DWLD? Davis Select Worldwide ETF (DWLD) manages $570.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is DWLD actively managed or an index fund? DWLD is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DWLD's is 0.62%) in exchange for the discretion to over- or under-weight positions. ### When was DWLD launched? Davis Select Worldwide ETF (DWLD) launched in January 2017 and is managed by Davis. ### How has DWLD performed? DWLD's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does DWLD pay a dividend? Davis Select Worldwide ETF (DWLD) currently distributes little or no income. Trailing-twelve-month yield is 1.64%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DWLD pay dividends? Davis Select Worldwide ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DWLD's dividend yield? DWLD's trailing-twelve-month yield is 1.64%, calculated from the sum of dividends over the past year divided by the current price. ### When is DWLD's next ex-dividend date? The most recently announced ex-dividend date for DWLD was 2025-12-29. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will DWLD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.62% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DWLD charge its expense ratio? The expense ratio is deducted in tiny daily slices from DWLD's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DWLD cost more than a fund like VOO? DWLD is actively managed (current expense ratio 0.62%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether DWLD's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to DWLD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DWLD (0.62%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dwld - Distribution history: https://www.dividenddata.com/funds/dwld/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dwld/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dwld/expenses - Peer comparison: https://www.dividenddata.com/funds/dwld/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.