DUHP - DUHP: Dimensional's Quality-Focused ETF Is On My Buy List
2024-05-21 17:24:38 ET
Summary
- DUHP is an actively-managed large-cap blend ETF emphasizing high-quality stocks, as measured by earnings relative to book value or assets. Expenses are 0.22% and DUHP has $5.66 billion in assets.
- DUHP is also broadly-diversified, with exposure to 85/160 GICS sub-industries. Total Magnificent Seven exposure is only 14.54%, as DUHP excludes Alphabet, Amazon, Meta Platforms, and Tesla.
- DUHP serves as an excellent complement to JQUA. With only 38% overlap, an equal-weight portfolio of these two ETFs is better-diversified than SPY while offering investors a slightly lower P/E.
- This article also includes DUHP's backfilled results to 2017 using DURPX, Dimensional's mutual fund that follows a similar strategy.