This ETF offers exposure to stocks in developed markets outside of the U.S., making FWDI an actively-managed alternative to funds such as EFA or VEA. Given this focus, FWDI may be useful as a core holding to a long-term, buy-and-hold portfolio that often make meaningful allocations to the EAFE region. While there will generally be considerable overlap between this ETF and indexed EAFE funds, there are some key differences as well that will result in a unique risk/return profile. FWDI steers clear of market cap weighting, relying on forward looking analyst estimates to determine the allocation made to individual securities. For investors who believe that methodology will result in a more efficient allocation process, this ETF could obviously be an appealing tool for establishing international stock exposure. Those concerned about the reliability of analyst estimates, however, may wish to steer clear. The biggest drawback of FWDI is the expense structure; this ETF is considerably more expensive than passive alternatives that offer generally similar exposure. That creates a performance hurdle that must be consistently cleared in order to justify the hefty expenses charged (though FWDI is still cheaper than many active mutual funds that offer similar exposure). One possible alternative is the equal-weighted EWEF; that ETF similarly offers a balanced portfolio and eliminates the link between security weight and stock price, but features a much lower expense ratio than the active FWDI.
The adjacent table gives investors an individual Realtime Rating for FWDI on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Foreign Large Cap Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 22 other ETFs in the Foreign Large Cap Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of FWDI relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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