DWLD vs FDLS
Davis Select Worldwide ETF vs Inspire Fidelis Multi Factor ETF
Which is better, DWLD or FDLS?
Each has led over a different period.
DWLD has a lower expense ratio. DWLD led over the full window, FDLS over 1Y and 3Y. FDLS is less concentrated, with 11.4% of the fund in its ten largest positions against 26.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DWLD | FDLS |
|---|---|---|
| Expense Ratio | 0.63%Best | 0.66% |
| AUM | $579M | $259M |
| Dividend Yield | 0.94% | 0.86% |
| Holdings | 40 | 203 |
| YTD Return | -4.08% | +15.94%Best |
| 1Y Return | +2.46% | +21.43%Best |
| 3Y Return (annualized) | +18.75% | +19.89%Best |
| 5Y Return (annualized) | +9.10% | - |
| Volatility (annualized) | 17.3%Best | 18.3% |
| Max Drawdown | -16.0%Best | -23.3% |
| $10,000 over 4.1 years | $18,777Best | $18,093 |
| Top 10 Weight | 26.6% | 11.4%Best |
| Fund Family | Davis ETFs | Inspire ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 11, 2017 | Aug 23, 2022 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 24, 2022 to Oct 14, 2026 (4.1 years).
DWLD vs FDLS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.1 years both funds cover.
DWLD vs FDLS Performance
Davis Select Worldwide ETF (DWLD) is an ETF from Davis ETFs and Inspire Fidelis Multi Factor ETF (FDLS) is an ETF from Inspire ETFs. Over the past year DWLD returned +2.46% while FDLS returned +21.43%. Year to date, DWLD is down 4.08% versus a gain of 15.94% for FDLS.
Over three years, DWLD compounded at +18.75% per year against +19.89% for FDLS. Across the full 4-year window we track, DWLD has the edge at +16.61% annualized vs +15.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDLS has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 17.3% for DWLD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.0% for DWLD and -23.3% for FDLS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DWLD charges 0.63% per year while FDLS charges 0.66%. On a $10,000 position that is $63 vs $66 annually, a gap of $3 per year that compounds over a long holding period. On income, DWLD currently yields 0.94% against 0.86% for FDLS.
Holdings Overlap
2.5% of DWLD's money is in holdings FDLS also owns. 13.4% of FDLS's money is in holdings DWLD also owns.
FDLS and DWLD share little of their money.
14 positions in common, counted across the 1,395 positions we hold weights for in DWLD and 101 in FDLS, against full books of 40 and 203.
What only one of them owns
Our book lists 75 positions for FDLS that do not appear in our book for DWLD (74.5% of the fund), and 456 for DWLD that do not appear in FDLS (65.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DWLD | Weight in FDLS | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 1.67% | 1.02% | 0.65% |
| SNDKVSandisk Corp. | 0.28% | 1.18% | 0.90% |
| TERTeradyne Inc - Common | 0.06% | 1.17% | 1.11% |
| MCHPMicrochip Technology Inc. | 0.04% | 1.12% | 1.08% |
| MKSIMks Instruments Inc | 0.02% | 1.13% | 1.11% |
| VLOValero Energy | 0.12% | 0.94% | 0.82% |
| SMCISuper Micro Computer Inc Common Stock USD.001 | 0.02% | 1.04% | 1.02% |
| EOGEog Resources Inc | 0.08% | 0.96% | 0.88% |
| BAPCredicorp Ltd - Common | 0.03% | 1.00% | 0.97% |
| DVNDevon Energy Corp. | 0.06% | 0.96% | 0.90% |
You are not choosing between two funds in isolation.
Whichever of DWLD and FDLS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DWLD or FDLS?
DWLD has an expense ratio of 0.63% while FDLS charges 0.66%. DWLD is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, DWLD or FDLS?
Over the past year DWLD returned +2.46% vs +21.43% for FDLS, so FDLS leads on 1-year performance. Over the longest common window we track (4 years), DWLD annualized +16.61% vs +15.56% for FDLS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWLD or FDLS?
FDLS has been the more volatile fund at 18.3% annualized versus 17.3% for DWLD. Worst drawdown: DWLD -16.0% vs FDLS -23.3%.
Should I hold both DWLD and FDLS?
DWLD and FDLS have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DWLD and FDLS?
13.4% of FDLS's money is in holdings DWLD also owns. 13.4% of FDLS's is in holdings DWLD also owns. They hold 14 positions in common, counted across the 1,395 positions we hold weights for in DWLD and 101 in FDLS.
Which pays a higher dividend, DWLD or FDLS?
DWLD yields 0.94% while FDLS yields 0.86%, so DWLD currently pays the higher dividend yield.
Is FDLS better than DWLD?
DWLD has a lower expense ratio. DWLD led over the full window, FDLS over 1Y and 3Y. FDLS is less concentrated, with 11.4% of the fund in its ten largest positions against 26.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.