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DUSA

GradeCChicago Board Options Exchange

Davis Select U.S. Equity ETF

Active Equity · Davis · Inception 2017-01-11 · SEC filings

$55.63−0.39 (−0.70%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 67 prints from 56.02 to 55.63. Range 55.60 to 56.00. Use the arrow keys to read each point.$55.70$55.80$55.90$56.0010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$1.3B
1Y return
+16.8%
Yield · Last 12 months
0.87%
Holdings
28
Volume · 30D
0M sh
NAV per share
$56.34
52W range
low $46.50high $58.53

The ETF.net DUSA Grade

C

48/ 100

Rank 35 of 66 in US Active Value⁠

Confidence High

Six-pillar profile for DUSA. Scores out of 100: Cost 40, Risk 57, Mission 57, Tradability 60, Holdings 27, Durability 83. Strongest: Durability (83). Weakest: Holdings (27). Leans toward Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 40
    Category rank40/66 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 57
    Category rank24/27 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 57
    Category rank28/62 · top 45%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 60
    Category rank22/66 · top 33%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 27
    Category rank63/66 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 83
    Category rank6/66 · top 9%

Graded as of Sep 22, 2026

Our read on DUSA

ETF.net Research

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

  1. 01Genuinely active, not index-shadowing: roughly two dozen US large companies chosen by fundamental research for trading below Davis's estimate of intrinsic value.
  2. 02The mandate names capital preservation next to long-term growth, with at least 80% of net assets normally in US company securities.
  3. 03Trading since January 2017 and running a few hundred million dollars, it is a seasoned active ETF rather than a fresh launch.
  4. 04Taken as a whole, it lands in the upper half of the US value cohort we track.

Worth knowing

  1. 010.59% 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%.
  2. 02It trades thinly, so spreads can widen on larger orders or choppy days.
  3. 03With about two dozen names, single stocks move the fund, and results can part ways with broad value benchmarks for long stretches.

DUSA Holdings

As of Sep 20, 2026, 9:27 AM
Asset class
Stocks
Holdings
28
Top-10 weight
58%
Largest holding
COF7.1%

Sectors

  • Financials26.7%
  • Health Care18.9%
  • Consumer Discr.13.8%
  • Communication13.1%
  • Energy10.1%
  • Cons. Staples5.7%
  • Technology4.7%
  • Materials4.5%
  • Industrials2.6%

Geography

  • United States94.04%
  • United Kingdom3.31%
  • Canada2.65%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001COFCapital One Financial Corp.7.13%411,895$83M350
002DVNDevon Energy Corp.6.54%1,574,164$77M353
003USBU.S. Bancorp6.37%1,240,916$75M369
004METAMeta Platforms, Inc., Class A6.00%105,430$70M683
005AMZNAmazon.com, Inc.5.84%269,075$68M720
006VTRSViatris Inc.5.67%3,911,291$66M266
007TSNTyson Foods, Inc., Class A5.47%1,212,576$64M280
008GOOGAlphabet Inc., Class C5.26%178,638$62M471
009CVSCVS Health Corp.4.91%647,002$57M377
010MKLMarkel Group Inc.4.77%31,431$56M174
011BRK-BBerkshire Hathaway Inc., Class B4.50%103,205$53M359
012MGMMGM Resorts International4.07%1,258,715$48M188
013TXNTexas Instruments Inc.3.84%168,405$45M497
014WFCWells Fargo & Co.3.51%476,862$41M380
015CICigna Group3.38%143,734$40M360

Showing 1–15 of 28 holdings

DUSA Performance

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

DUSA$11,677
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. DUSA $11,677. SPY $11,723. Use the arrow keys to read each point.$9,320$10,849$12,378Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+9.6%
1 month−1.9%
3 months+0.5%
1 year+16.8%
3 years+22.9%per year
5 years+12.1%per year
10 yearsFund is under 10 years old—per year

As of the close, 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+9.6%
2025+22.6%
2024+20.4%
2023+34.2%
2022−19.6%
2021+17.7%
2020+14.2%

DUSA in the news

ETF.net Research hasn’t filed on DUSA yet — coverage lands here as it’s written.

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 Sep 22, 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

DUSA Risk

How much the fund’s monthly returns vary, scaled to a year.
13.8%
Annualised · 36 months to Aug 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.
1.20
vs 3-month T-bills · to Aug 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.
0.90
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.

DUSA Cost

Expense ratio0.59%
  • The middle half of US Active Value funds
  • Median 0.55%

39 of the 66 US Active Value funds charge less.

DUSA costs $59.00 a year on $10,000. The median US Active Value fund costs $55.00.