DFNL Davis Select Financial ETF
Managers
NAV as of 10/18/18
| Price | Change |
|---|---|
| $23.51 | $-0.37 / -1.53% |
Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. as of 10/18/18
| Price | Change |
|---|---|
| $23.53 | $-0.37 / -1.55% |
Fund Overview
- Seeks high-conviction, best-of-breed businesses
- Benchmark-agnostic. Seeks to outperform the index, not mirror it
- Low expected turnover and a strategic, long term time horizon
- Traditional benefits of ETFs: Low cost, tax efficient, intra-day liquidity and transparent ETFs are subject to commission costs each time a buy or sell is executed. Depending on the amount of trading activity, the low costs of ETFs may be outweighed by commissions and related trading costs.
Returns
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 13.36% | 10.52% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 13.40% | 10.36% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 11.57% | 8.73% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 13.12% | 10.13% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 10.21% | 6.32% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 14.82% | 15.26% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 14.84% | 15.01% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 13.74% | 16.92% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 14.57% | 14.86% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 11.33% | 9.12% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 14.88% | 11.99% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 15.00% | 11.96% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 13.53% | 13.47% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 14.62% | 11.59% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 11.36% | 7.19% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 12.40% | 10.61% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 12.48% | 10.53% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 10.43% | 9.65% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 12.12% | 10.21% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 9.43% | 6.38% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 13.67% | 15.10% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 13.86% | 15.22% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 12.65% | 18.97% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 13.38% | 14.69% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 10.40% | 9.05% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 15.18% | 16.12% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 15.29% | 16.10% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 14.33% | 18.60% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 14.86% | 15.71% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 11.54% | 9.65% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 16.22% | 16.56% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 16.44% | 16.63% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 15.72% | 18.04% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 15.88% | 16.15% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 12.31% | 9.91% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 20.83% | 18.27% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 20.93% | 18.11% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 21.64% | 19.94% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 20.45% | 17.85% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 15.81% | 10.91% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 25.80% | 27.60% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 25.98% | 27.52% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 26.76% | 29.79% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 25.37% | 27.14% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 19.55% | 16.43% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 20.04% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 20.29% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 20.58% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 19.61% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 11.48% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 17.56% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 17.74% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 18.27% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 17.56% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 9.94% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 15.50% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 15.77% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 14.26% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 15.50% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 8.77% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 12.23% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 12.47% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 11.01% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 12.23% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 6.92% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 8.76% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 9.03% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 5.57% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 8.76% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 4.96% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 10.72% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 10.92% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 7.30% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 10.72% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 6.07% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 7.30% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 7.49% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 5.48% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 7.30% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 4.13% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 3.73% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 3.86% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | -0.89% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 3.73% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 2.11% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 3.46% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 3.61% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 0.33% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 3.46% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 1.96% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 3.00% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 3.19% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 1.18% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 3.00% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 1.70% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 4.74% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 4.98% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 4.07% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 4.74% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 2.68% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | -0.16% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 0.06% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | -1.08% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -0.16% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -0.09% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. Periods less than one year are not annualized. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 24.03% | 10.52% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 24.12% | 10.36% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 20.69% | 8.73% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 23.59% | 10.13% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 18.18% | 6.32% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 25.36% | 15.26% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 25.40% | 15.01% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 23.44% | 16.92% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 24.91% | 14.86% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 19.19% | 9.12% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 24.00% | 11.99% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 24.19% | 11.96% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 21.75% | 13.47% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 23.56% | 11.59% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 18.16% | 7.19% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 18.68% | 10.61% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 18.81% | 10.53% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 15.66% | 9.65% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 18.26% | 10.21% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 14.13% | 6.38% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 19.39% | 15.10% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 19.67% | 15.22% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 17.92% | 18.97% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 18.97% | 14.69% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 14.66% | 9.05% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 20.14% | 16.12% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 20.29% | 16.10% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 18.99% | 18.60% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 19.72% | 15.71% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 15.23% | 9.65% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 20.06% | 16.56% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 20.35% | 16.63% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 19.43% | 18.04% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 19.63% | 16.15% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 15.17% | 9.91% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 23.87% | 18.27% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 23.99% | 18.11% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 24.82% | 19.94% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 23.44% | 17.85% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 18.06% | 10.91% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 27.39% | 27.60% | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 27.59% | 27.52% | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 28.39% | 29.79% | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 26.94% | 27.14% | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 20.73% | 16.43% | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 20.04% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 20.29% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 20.58% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 19.61% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 11.48% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 17.56% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 17.74% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 18.27% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 17.56% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 9.94% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 15.50% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 15.77% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 14.26% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 15.50% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 8.77% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 12.23% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 12.47% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 11.01% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 12.23% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 6.92% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 8.76% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 9.03% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 5.57% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 8.76% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 4.96% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 10.72% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 10.92% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 7.30% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 10.72% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 6.07% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 7.30% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 7.49% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 5.48% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 7.30% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 4.13% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 3.73% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 3.86% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | -0.89% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 3.73% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 2.11% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 3.46% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 3.61% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 0.33% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 3.46% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 1.96% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 3.00% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 3.19% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 1.18% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 3.00% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 1.70% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | 4.74% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 4.98% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | 4.07% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 4.74% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | 2.68% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
| Since Incept. | 1 Yr | 3 Yr | 5 Yr | |
|---|---|---|---|---|
| Total Return Represents changes to the NAV and accounts for distributions from the Fund. | -0.16% | -- | -- | -- |
| Market Price Represents changes to the midpoint price and accounts for distributions from the Fund. The midpoint is the average of the bid-ask prices at 4:00 ET when NAV is determined. | 0.06% | -- | -- | -- |
| S&P 500 Financials Index The S&P 500 Financials is a capitalization-weighted index that tracks the companies in the financial sector as a subset of the S&P 500® Index. Investments cannot be made directly in an index. | -1.08% | -- | -- | -- |
| After Tax Pre-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -0.16% | -- | -- | -- |
| After Tax Post-Liquidation After-tax returns for ETFs are calculated using the tax liability implied by each ETF's declared distributions. However, the exact tax characteristics of many distributions are not known until after the close of the calendar year. For Davis Fundamental ETF Trust, conservative estimates are used based on fund history until final amounts become available. | -0.09% | -- | -- | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. NAV and market price returns assume that all distributions were reinvested at NAV. Current performance may be lower or higher than the performance quoted. Since 1/11/17 Inception. It is not possible to invest directly in an index.
Historical Prices as of 10/18/18
Top Industries as of 10/17/18 The Fund generally uses the Global Industry Classification Standard (“GICS”) to determine industry classification. GICS presents industry classification as a series of levels. Allocations shown are at the sector level. For purposes of measuring concentration, the Fund generally classifies companies at the “industry group” or “industry” level. See the Fund’s SAI for additional information. Data is provided by an external service provider and, in limited instances, the classifications may vary from the classifications assigned by Davis Advisors. Industry classification weightings are subject to change.
| Name | DFNL (%) | S&P 500 Financials Index (%) |
|---|---|---|
| Diversified Financials | 42.7% | 38.7% |
| Banks | 30.2% | 44.2% |
| Insurance | 23.6% | 17.1% |
| Communication Services | 3.5% | 0.0% |
Holdings as of 10/17/18
| Name | Ticker | Weighting (%) |
|---|---|---|
| U.S. Bancorp | USB | 6.96% |
| Berkshire Hathaway Inc., Class B | BRK B | 6.94% |
| American Express Co. | AXP | 6.59% |
| Capital One Financial Corp. | COF | 6.37% |
| Markel Corp. | MKL | 5.57% |
| Wells Fargo & Co. | WFC | 4.75% |
| JPMorgan Chase & Co. | JPM | 4.56% |
| Bank of New York Mellon Corp. | BK | 4.45% |
| DNB ASA | DNB NO | 4.05% |
| Chubb Ltd. | CB | 3.94% |
| Name | Ticker | Weighting (%) | Shares | Market Value ($) | CUSIP | SEDOL |
|---|---|---|---|---|---|---|
| U.S. Bancorp | USB | 6.96 | 197,778 | 10,462,456 | 902973304 | 2736035 |
| Berkshire Hathaway Inc., Class B | BRK B | 6.94 | 49,606 | 10,443,055 | 084670702 | 2073390 |
| American Express Co. | AXP | 6.59 | 95,008 | 9,913,135 | 025816109 | 2026082 |
| Capital One Financial Corp. | COF | 6.37 | 104,804 | 9,587,470 | 14040H105 | 2654461 |
| Markel Corp. | MKL | 5.57 | 7,437 | 8,375,698 | 570535104 | 2566436 |
| Wells Fargo & Co. | WFC | 4.75 | 131,275 | 7,149,237 | 949746101 | 2649100 |
| JPMorgan Chase & Co. | JPM | 4.56 | 62,477 | 6,861,849 | 46625H100 | 2190385 |
| Bank of New York Mellon Corp. | BK | 4.45 | 136,110 | 6,689,807 | 064058100 | B1Z77F6 |
| DNB ASA | DNB NO | 4.05 | 306,436 | 6,083,856 | 4263304 | |
| Chubb Ltd. | CB | 3.94 | 46,575 | 5,921,080 | H1467J104 | B3BQMF6 |
| Loews Corp. | L | 3.70 | 117,563 | 5,563,081 | 540424108 | 2523022 |
| Alphabet Inc., Class C | GOOG | 3.46 | 4,666 | 5,205,810 | 02079K107 | BYY88Y7 |
| Bank of N.T. Butterfield & Son Ltd. | NTB | 3.34 | 94,658 | 5,027,286 | G0772R208 | BD8FF02 |
| State Street Corp. | STT | 3.33 | 60,906 | 5,003,428 | 857477103 | 2842040 |
| Goldman Sachs Group Inc. | GS | 3.11 | 20,510 | 4,682,023 | 38141G104 | 2407966 |
| Everest Re Group, Ltd. | RE | 3.10 | 21,566 | 4,658,472 | G3223R108 | 2556868 |
| DBS Group Holdings Ltd. | DBS SP | 2.89 | 244,232 | 4,343,518 | 6175203 | |
| Alleghany Corporation | Y | 2.80 | 6,909 | 4,211,865 | 017175100 | 2016801 |
| Julius Baer Group Ltd. | BAER SE | 2.48 | 80,598 | 3,722,899 | B4R2R50 | |
| PNC Financial Services Group, Inc. | PNC | 2.44 | 28,767 | 3,662,902 | 693475105 | 2692665 |
| KKR & Co. Inc., Class A | KKR | 2.41 | 142,150 | 3,631,933 | 48251W104 | BG1FRR1 |
| Oaktree Cap Group LLC Class A Units | OAK | 2.06 | 73,925 | 3,095,979 | 674001201 | B4Q9912 |
| Visa Inc., Class A | V | 1.94 | 20,534 | 2,925,068 | 92826C839 | B2PZN04 |
| Swiss Re AG | SREN SE | 1.87 | 31,260 | 2,807,431 | B545MG5 | |
| Marsh & McLennan Cos | MMC | 1.50 | 27,934 | 2,260,140 | 571748102 | 2567741 |
| Charles Schwab Corp. | SCHW | 1.45 | 45,536 | 2,187,549 | 808513105 | 2779397 |
| The Blackstone Group L.P. | BX | 1.09 | 45,400 | 1,638,486 | 09253U108 | B1YWNW1 |
| Greenlight Capital Re, Ltd., Class A | GLRE | 0.84 | 104,600 | 1,261,476 | G4095J109 | B1XRCZ3 |
| Danske Bank A/S | DANSKE DC | 0.81 | 57,674 | 1,223,936 | 4588825 | |
| Cash Component | 1.20 | 0 | 0 | |||
| Total | 100.00 |
Premium/Discount Shares are generally bought and sold on an exchange at market prices and the price paid may be more (a “premium”) or less than NAV (a “discount”). For this reason an investor may pay more or less than NAV when they buy shares, and they may receive more or less than NAV when they sell shares. The premium/discount information provided represents past performance and cannot be used to predict future results. of Market Price The price used to calculate market return is determined by using the midpoint between the highest bid and the lowest offer on the stock exchange, on which shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. to NAV
Fund Details as of 10/17/18
| Inception Date | 1/11/17 |
| Ticker | DFNL |
| Objective | Long-term growth of capital |
| Expense Ratio (gross/net) Davis Selected Advisers, L.P. has contractually agreed to waive fees and/or reimburse the Funds’ expenses to the extent necessary to cap total annual fund operating expenses as shown until March 1, 2019. After that date, there is no assurance that the Adviser will continue to cap expenses. The expense cap cannot be terminated prior to that date, without the consent of the Board of Trustees. | 0.76%/0.65% |
| Number of Holdings The number of holdings in the Fund excluding cash positions and derivatives such as futures and currency forwards. | 29 |
| Investment Manager | Davis Selected Advisers, L.P. |
| Total Net Assets($M) | 150.398 |
| Asset Class | Equity |
| Exchange | NASDAQ |
| CUSIP | 23908L108 |
| IOV / Intraday Ticker | DFNLIV |
| Custodian | State Street Bank and Trust Company |
| Performance Benchmark | S&P 500 Financials Index |
| Shares Outstanding | 6,300,000 |
| Dividend Frequency | Annually |
| Options Available | N |
| Daily Volume The number of shares traded during a given period of time. It is simply the amount of shares that trade hands from sellers to buyers as a measure of activity. If a buyer of a stock purchases 100 shares from a seller, then the volume for that period increased by 100 shares based on that transaction. Volume shown is the volume that traded on the primary exchange as of the date indicated. | 37,057 |
| 30 Day Avg. Volume Average Daily Volume (ADV) on primary exchange may differ from ADV reported by other sources, which may publish an aggregated ADV from all exchanges on which the ETF trades. | 15,914 |
| Premium/Discount Shares are generally bought and sold on an exchange at market prices and the price paid may be more (a “premium”) or less than NAV (a “discount”). For this reason an investor may pay more or less than NAV when they buy shares, and they may receive more or less than NAV when they sell shares. The premium/discount information provided represents past performance and cannot be used to predict future results. | 0.09 |
Portfolio Statistics as of 6/30/18
| Number of Holdings The number of holdings in the Fund excluding cash positions and derivatives such as futures and currency forwards. | 29 |
| Forward P/E Forward price to earnings (forward P/E) is a measure of the price-to-earnings (P/E) ratio using forecasted earnings for the P/E calculation. | 13.3 |
| P/B Price/Book (P/B) Ratio is the weighted average of the P/B ratios of the stocks in a portfolio. The P/B ratio of a stock is calculated by dividing the current price of the stock by the company's per share book value. | 1.8 |
| Weighted Avg. Market Cap ($bn) Weighted Average Market Capitalization is the portfolio-weighted mean capitalizations of all equity securities. | 124.3 |
| Historical 5 Year EPS Growth This figure represents the annualized rate of net-income-per-share growth over the trailing five-year period for the stocks held by the Fund. | 5.0 |
52 Week High/Low as of 10/17/18
| NAV | Market Price | |
|---|---|---|
| 52 Week High | 25.51 | 25.62 |
| 52 Week Low | 22.86 | 22.81 |
