Related: Sector Tilts Help This Smart Beta ETF Outperform
DEEF, which debuted nearly two years ago, allocates nearly 39% of its combined weight to Japan and the U.K., Australia and Canada combine for 16.5% of the ETF’s weight while France and Germany combine for over 11%. Germany and France are the Eurozone’s two largest economies.
Industrial and consumer discretionary stocks combine for 38% of DEEF’s roster with materials and financial services names combining for 26.5%. The ETF holds almost 1,100 stock and charges 0.35% per year, a reasonable fee among international smart beta strategies.
For more information on alternative index-based strategies, visit our Smart Beta Channel.