Davis Select Worldwide ETF (DWLD) Valuation
DWLD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 16.4 trailing earnings
- Forward P/E
- 10.8 analyst estimates
- Price / sales
- 0.69
- Price / book
- 1.82
- EV / EBITDA
- 8.7
- Earnings yield
- 6.12% inverse of P/E
- Dividend yield
- 1.87% of the holdings
- Return on equity
- 11.1% combined
- Net margin
- 4.2% combined
- Beta
- 0.80 weighted, vs S&P 500
DWLD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DWLD | 16.4 | 10.8 | 0.69 | 1.82 | 1.87% | 11.1% | 4.2% | 9.7% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
DWLD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Cyclical | 21.5% | 13.5 | 16.6 | 0.64 | 2.05 | 0.00% | 15.2% |
| Financial Services | 14.4% | 11.8 | 12.0 | 2.11 | 1.21 | 1.07% | 10.3% |
| Healthcare | 14.1% | 29.2 | 8.9 | 0.64 | 1.83 | 2.19% | 6.3% |
| Communication Services | 11.9% | 21.5 | 16.1 | 3.12 | 6.56 | 0.50% | 30.5% |
| Consumer Defensive | 7.8% | 16.4 | 5.2 | 0.20 | 1.90 | 6.09% | 11.6% |
| Energy | 6.6% | 10.4 | 9.3 | 2.67 | 1.20 | 2.51% | 11.5% |
| Basic Materials | 3.6% | n/m | 9.1 | 0.66 | 1.82 | 4.31% | −2.4% |
DWLD earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How DWLD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DWLD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| YMM | Full Truck Alliance Co. Ltd. | 6.11% | 15.4 | 19.5 | 0.7 | 2.88% | 8.71% |
| TCOM | Trip.com Group Limited | 5.77% | 8.1 | 11.7 | 0.4 | — | 15.66% |
| DVN | Devon Energy Corporation | 5.53% | 11.1 | 9.3 | 3.0 | 2.52% | 10.95% |
| VTRS | Viatris Inc. | 5.10% | — | 6.4 | 1.5 | 2.57% | −2.15% |
| JBS | JBS N.V. | 4.70% | 12.2 | 3.9 | 0.2 | 7.67% | 8.45% |
| SAP | SAP SE | 3.78% | — | — | — | — | — |
| META | Meta Platforms, Inc. | 3.78% | 26.7 | 22.1 | 7.9 | 0.30% | 3.09% |
| COF | Capital One Financial Corporation | 3.73% | 13.0 | 8.5 | 2.6 | 1.59% | 6.30% |
| AMZN | Amazon.com, Inc. | 3.71% | 20.1 | 23.6 | 3.5 | — | 4.04% |
| BAER | Julius Baer Gruppe AG | 3.49% | — | — | — | — | — |
| MKL | Markel Corporation | 3.46% | 10.2 | 15.2 | 1.4 | — | 7.41% |
| SE | Sea Limited | 3.26% | 36.2 | 25.8 | 2.1 | — | 1.97% |
| TSN | Tyson Foods, Inc. | 3.12% | 33.9 | 11.2 | 0.3 | 3.72% | 2.01% |
| APP | AppLovin Corporation | 2.91% | 20.5 | 15.4 | 13.1 | — | 3.11% |
| CVS | CVS Health Corporation | 2.66% | 24.3 | 10.7 | 0.3 | 2.88% | 2.40% |
| PRX | Prosus N.V. | 2.66% | — | — | — | — | — |
| GOOG | Alphabet Inc. | 2.64% | 16.9 | 21.8 | 9.2 | 0.26% | 3.41% |
| MGM | MGM Resorts International | 2.44% | 17.7 | 17.4 | 0.4 | — | 3.02% |
| BRK.B | Berkshire Hathaway Inc. | 2.17% | 13.4 | 22.7 | 3.0 | — | 3.55% |
| LYB | LyondellBasell Industries N.V. | 2.16% | — | 9.1 | 0.7 | 4.31% | −0.61% |
| SOLV | Solventum Corporation | 1.98% | 10.5 | 13.1 | 1.8 | — | 4.12% |
| 300750 | Contemporary Amperex Technology Co Ltd Class A | 1.95% | — | — | — | — | — |
| DIDI | Didi Global Inc ADR | 1.80% | — | — | — | — | — |
| NTES | NetEase, Inc | 1.75% | 17.5 | 11.1 | 0.7 | 2.32% | 2.19% |
| CI | Cigna Corporation | 1.66% | 12.5 | 8.3 | 0.3 | 2.06% | 2.91% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About DWLD valuation
Adding up its 25 holdings with company data, DWLD trades at 16.4 times trailing earnings and 10.8 times analysts' forward estimates, with a price-to-book ratio of 1.82 and a dividend yield of 1.87%. Its earnings yield of 6.12% is 0.79 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 45.7% of the fund and earn 64.4% of its combined profit. By sector, Healthcare is the most expensive at 29.2 times earnings and Energy the cheapest at 10.4. Companies that lost money over the past year are 9.7% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 77.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DWLD chart, DWLD performance, DWLD holdings, DWLD dividends.
DWLD valuation FAQ
What is the P/E ratio of DWLD?
Based on its holdings, DWLD has a trailing P/E of 16.4 and a forward P/E of 10.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DWLD?
The trailing earnings yield is 6.12% (1 ÷ P/E) and the forward earnings yield 9.24%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DWLD more expensive than the S&P 500?
DWLD trades at 16.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.8 and 19.9.
What is the price-to-book ratio of DWLD?
The holdings of DWLD trade at 1.82 times book value, with a combined return on equity of 11.1%.
Which sector in DWLD has the highest P/E?
Healthcare has the highest P/E at 29.2 and Energy the lowest at 10.4.