Legg Mason Developed EX-US Diversified Core ETF

Legg Mason Developed ex-US Diversified Core ETF seeks to track the investment results of an index composed of publicly traded equity securities of developed markets outside the United States. The QS DBI Developed ex-US Diversified Index (the Index ) seeks to provide exposure to equity markets in developed countries outside the United States and is based on a proprietary methodology created and sponsored by QS Investors, LLC ( QS ). The Index is composed of equity securities in developed markets outside the United States that are included in the MSCI World ex-US Index. The proprietary rules-based process initially groups this universe of securities into multiple investment categories based on geography and sector. Within each of these investment categories, securities are weighted by market capitalization. The process then combines those investment categories with more highly correlated historical performance into a smaller number of clusters. A cluster is a group of investment categories based on geography and sector that have demonstrated a tendency to behave similarly (high correlation). Thereafter, each of these clusters is equally weighted in the Index to produce a highly diversified portfolio. QS anticipates that the number of component securities in the Index will range from 900 to 1,000 from approximately 20 countries, including Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, Norway, Singapore, Spain, Sweden, Switzerland, and the United Kingdom. The Index may include large, medium and small capitalization companies. The components of the Index, and the degree to which these components represent certain countries and sectors, may change over time. The Index s components are reconstituted annually and rebalanced quarterly.
Key Statistics
Return As of Date
20 Feb 2019
Assets Under Management
$5.44M (USD)
1 Month Total Return
3.66%
Year to Date Return
8.68%
 
1 Year Total Return
-7.10%
3 Year Annualized Total Return
7.55%
NAV
27.18
Share Outstanding
200000
Fund Overview
Exchange Ticker
DDBI
Sponsor
Legg Mason
Bloomberg Ticker
DDBI:US
ETF Type
Global or ExUS Equities - Broad / Regional
Active / Passive
Passive
 
ISIN
US52468L1098
Inception Date
12/28/2015
Legal Structure
ETF (Open end fund)
Exchange
NASDAQ
Fund Costs
Net Expense Ratio
0.4 %
 
Fund Features
Asset Class
Equities (Stocks)
Other Asset Types
Not Applicable
Domestic / International
International
Developed / Emerging
Developed Market Funds
Continent
Not Applicable
Country
Not Applicable
Cross Sector Theme
Not Applicable
Sector
Not Applicable
Industry
Not Applicable
 
Bond Type
Not Applicable
Average Maturity
Not Applicable
Bond Currency Denomination
Not Applicable
Credit Quality
Not Applicable
Floating Rate
Not Applicable
Currency Hedged
No
Derivatives Based
Not Primarily Derivatives Based
Inverse Leveraged
Not Applicable
Index Details
Index Name
QS DBI Developed ex-US Diversified Index
Index Family
Not Applicable
Broader Index Family
Not Applicable
 
Index Weighting Scheme
Other Weighting
Index Provider
QS Investors
Fund Family
Legg Mason Funds