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Launched · SEC filings

Davis Select U.S. Equity ETF

DUSACboeDavisC

$56.48+0.13 (+0.23%)

At close: Nov 2, 2026, 4:00 PM ET

C43/ 100

Rank 42 of 66 in US Active Value

C43/100Rank 42 of 66inUS Active Value
Intraday session: up, 79 prints from 56.35 to 56.48. Range 56.44 to 56.88. Use the arrow keys to read each point.56.6056.7056.8056.9010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$1.28B
1Y total return
+18.6%
Yield · Last 12 months
0.87%
Holdings
28
Avg volume · 30D
42.5K sh
52W range
low $46.76high $58.53
Launched
Filings
SEC EDGAR

The ETF.net DUSA Grade

C

Score 43 out of 100

Category
US Active Value⁠
Rank
42 of 66
Six-pillar profile for DUSA. Scores out of 100: Cost 32, Risk 51, Mission 61, Tradability 56, Holdings 27, Durability 83. Strongest: Durability (83). Weakest: Holdings (27). Leans toward Durability.

Score 43 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D32 out of 100
    Rank 43 of 66

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B61 out of 100
    Rank 23 of 27

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 36 of 65

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B56 out of 100
    Rank 26 of 66

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D27 out of 100
    Rank 63 of 66

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A83 out of 100
    Rank 7 of 66

Our read on DUSA

ETF.net Research

In short

CA stock picker's fund in an aisle full of indexes: Davis runs a concentrated book of US large companies bought below its own estimate of what they're worth, and has done it in ETF form since 2017.

Stated mandate

The Fund seeks long-term capital growth and capital preservation. It is actively managed and invests principally in U.S. equity securities, generally favoring large companies while using fundamental research to identify businesses trading below estimated intrinsic value.

Why people hold it

  • Genuinely active, not index-shadowing: roughly two dozen US large companies chosen by fundamental research for trading below Davis's estimate of intrinsic value.
  • The mandate names capital preservation next to long-term growth, with at least 80% of net assets normally in US company securities.
  • Trading since January 2017 and running a few hundred million dollars, it is a seasoned active ETF rather than a fresh launch.
  • Taken as a whole, it lands in the upper half of the US value cohort we track.

Worth knowing

  • 0.59% a year is above the typical fund in its value cohort and several times what index-built rivals charge, such as WTV at 0.12% and AVLV at 0.15%.
  • It trades thinly, so spreads can widen on larger orders or choppy days.
  • With about two dozen names, single stocks move the fund, and results can part ways with broad value benchmarks for long stretches.

DUSA Performance

Launched Jan 11, 2017

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
DUSA$11,857
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. DUSA $11,857. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for DUSA. Periods over one year show the average yearly return.
PeriodDUSA
Year to date+10.5%
1 month+2.4%
3 months−1.8%
1 year+18.6%
3 yearsper year+23.2%
5 yearsper year+11.6%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DUSA
YearReturn barDUSA
2026 YTD+10.5%
2025+22.6%
2024+20.4%
2023+34.2%
2022−19.6%
2021+17.7%
2020+14.2%

DUSA in the news

DUSA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
0.87%Last 12 months
Payout per share
$0.49Last 12 months
Last payment
$0.49 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2017–2026

One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.16; Dec 26, 2018 $0.55; Dec 27, 2019 $0.29; Dec 29, 2020 $0.15; Dec 29, 2021 $0.38; Dec 28, 2022 $0.33; Dec 27, 2023 $1.19; Dec 27, 2024 $0.36; Dec 29, 2025 $0.49. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Dec 30, 2025$0.49
Dec 27, 2024Dec 30, 2024$0.36
Dec 27, 2023Dec 29, 2023$1.19
Dec 28, 2022Dec 30, 2022$0.33
Dec 29, 2021Dec 31, 2021$0.38
Dec 29, 2020Dec 31, 2020$0.15
Dec 27, 2019Dec 31, 2019$0.29
Dec 26, 2018Dec 28, 2018$0.55
Dec 26, 2017Dec 28, 2017$0.16

$10,000 in DUSA 5 years ago paid $776 in dividends.

DUSA Risk

Risk pillarC51 out of 100Rank 36 of 65 in US Active Value
How much the fund’s monthly returns vary, scaled to a year.
13.7%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.33
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−30.5%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.91
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

DUSA Cost

Compare DUSA and WTV

Overpaying vs WTV, cheapest in US Active Value

$9,115

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DUSA 0.59%

    $11,635

  • WTV 0.12% Cheapest

    $2,520

$10,000
30 years

Cost over time

  • DUSA 0.59%
  • WTV 0.12%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530DUSA $11,635WTV $2,520

Year by year

YearDUSAWTVOverpaying
10$1,058$220$838
20$4,051$859$3,192
30$11,635$2,520$9,115

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