HDAW MSCI All World ex US High Dividend Yield Equity ETF
Seeks to track, before fees and expenses, MSCI ACWI ex USA High Dividend Yield Index. The Index includes large and mid cap stocks across developed and emerging markets countries and is designed to reflect the performance of equities in the MSCI ACWI ex USA Index (excluding REITs) with higher dividend income and quality characteristics than average dividend yields that are both sustainable and persistent. The Index selects stocks from the parent index using four steps: 1) Stocks with a dividend yield 30% greater than the average of the parent index. 2) Stocks with a negative dividend payout ratio or a positive payout ratio in the top 5% of securities by number within the universe of securities are excluded from the Index. 3) Stocks with a negative 5Y diluted earnings per share growth are also excluded from the Index. 4) Stocks with negative Quality Z-score are excluded from the Index. The Quality Z-scores are calculated using fundamental variables such as Return on Equity, Earnings Variability and Debt to Equity.
Prior to 2/14/2018, the fund tracked the MSCI ACWI ex USA High Dividend Yield US Dollar Hedged Index.
$22.56 +0.03 (0.13%)
As of 03/22/2023 13:35:24 EST IEX book CBOE book
ETF Information
Sponsor: Deutsche Bank ETFs
Category1: Global Equity
Category2: Global ex-US
Category3: Large and mid cap
Morningstar category: Foreign Large Value
Leverage factor: 1.00
Inception date: 08/12/2015
Index tracking method: Passive replication
Current yield: 5.87%
Historical average yield: 4.24%
Market cap: $10,225,283
Average volume: 2,045
Fees: 0.2000%
Index Information
MSCI ACWI ex-USA High Dividend Yield Index
Index symbol: M1WDUDY
Provider: MSCI
Index weighting: Market capitalization
Index inception date: 01/16/2012
Backtesting data exists: Yes
Index factsheet: Read PDF
Number of holdings: 276 (as of 02/28/2018)
Factors used to select securities: