Davis Select Worldwide ETF (DWLD) Performance
DWLD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.1% since Dec 31, 2025
- 1 year
- +1.1% total return
- 5 years
- +8.4% a year
- Since first price
- +9.9% a year since 2017
DWLD trailing returns vs SPY, QQQ, AGG
| Period | DWLD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.9% | −1.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.9% | −3.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.8% | −2.8% | +7.8% | +8.4% | −1.5% |
| YTD | −4.1% | −4.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +1.1% | −0.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +75.0%+20.5%/yr | +67.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +49.8%+8.4%/yr | +41.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 12, 2017 | +151.7%+9.9%/yr | +121.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DWLD vs SPY
From Jan 12, 2017: DWLD grew to $25,166, SPY to $39,054.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DWLD returns by calendar year
5 of 8 full years positive. Best 2019 (+31.3%), worst 2018 (−22.3%). 2026 is year to date.
DWLD annual returns table
| Year | DWLD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.1% | −11.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +30.4% | −16.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +24.3% | −10.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.6% | −15.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −14.2% | −30.4% | −18.2% | −32.6% | −13.0% |
| 2021 | −4.0% | −20.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +22.7% | −35.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +31.3% | −12.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −22.3% | −32.8% | −4.6% | −0.1% | +0.1% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DWLD largest drawdowns
Now 9.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 29, 2021 | −39.3% | Oct 24, 2022 | May 15, 2024 | 1.5 years | 3.0 years |
| Jan 26, 2018 | −36.9% | Mar 23, 2020 | Sep 2, 2020 | 2.2 years | 2.6 years |
| Feb 14, 2025 | −16.0% | Apr 8, 2025 | May 12, 2025 | 53 days | 3 months |
| Jan 6, 2026 | −11.3% | Mar 27, 2026 | May 6, 2026 | 3 months | 4 months |
| May 17, 2024 | −10.4% | Aug 5, 2024 | Sep 19, 2024 | 3 months | 4 months |
| Aug 4, 2026 | −10.1% | Oct 1, 2026 | not yet | 58 days | 3 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DWLD risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +19.2% | +9.8% | +10.0% |
| Volatility (annualized) | 13.1% | 17.4% | 18.7% |
| Sharpe ratio | 1.09 | 0.42 | 0.48 |
| Sortino ratio | 1.98 | 0.69 | 0.73 |
| Best month | +8.8% | +16.0% | +16.0% |
| Worst month | −6.1% | −10.2% | −18.3% |
| Best 12 months | +43.9% | +43.9% | +75.9% |
| Worst 12 months | +0.2% | −28.0% | −28.6% |
| Positive months | 64% | 57% | 61% |
| Beta vs S&P 500 | 0.73 | 0.79 | — |
| Correlation with S&P 500 | 0.69 | 0.71 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DWLD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 106 | −28.6% | +15.9% | +75.9% | 71% |
| 3-year (a year) | 82 | −1.9% | +7.7% | +28.8% | 89% |
| 5-year (a year) | 58 | −1.1% | +8.0% | +15.5% | 97% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
DWLD performance overview
Davis Select Worldwide ETF (DWLD) returned +1.1% over the past year and +8.4% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +9.9% a year, turning $10,000 into about $25,166. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −39.3%, from Apr 29, 2021 to Oct 24, 2022, and it took 1.6 years to get back to the old high. DWLD finished 5 of its 8 full calendar years with a gain; the best year was 2019 (+31.3%) and the worst 2018 (−22.3%). Volatility has been 18.7% a year.
Related: DWLD chart, DWLD holdings, DWLD dividends, DWLD valuation. See the DWLD overview for the latest quote and fund facts.
DWLD performance FAQ
What is the DWLD return over the past year?
DWLD returned +1.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.4%.
What is the average annual return of DWLD?
DWLD has returned +8.4% a year over 5 years, +9.9% a year since January 12, 2017 (total return, distributions reinvested).
How much would $10,000 invested in DWLD be worth?
$10,000 invested in DWLD at its first recorded close on January 12, 2017 would be worth about $25,166 on October 23, 2026 with distributions reinvested.
What was the worst year for DWLD?
The worst calendar year was 2018, with a total return of −22.3%. The best was 2019 at +31.3%.
What is the biggest drawdown of DWLD?
The largest peak-to-trough decline was −39.3% between April 29, 2021 and October 24, 2022. It recovered to the old high on May 15, 2024, 1.6 years after the bottom.
How volatile is DWLD?
Over the past 3 years DWLD had an annualized volatility of 13.1% and a Sharpe ratio of 1.09 (excess return over 1–3 month T-bills per unit of risk).