Summary
Harding Loevner International Developed Markets Select Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Harding Loevner. Positions inside: 45. The ten largest make up 37% of the fund.
- Yearly costs
- 0.70%
- Fund size
- $93.4M
- Positions
- 45
- Running since
- 2026
What speaks for it
Nothing stands out in its favour.
What to watch
- Costs of 0.70% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2026.
- A small fund with $93.4M under management; small funds get closed more often.
- It trades little: only about $298.6K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -0.9%
- 3 months
- +4.1%
- Avg. market cap
- $199.1B
- P/E
- 21.0x
- Forward P/E
- 16.8x
- P/S
- 2.4x
- P/B
- 3.6x
- P/FCF
- 15.5x
- EV/EBITDA
- 12.5x
- Dividend yield
- 1.99%
- ROIC
- 15.7%
- ROE
- 21.6%
- Gross margin
- 48.4%
- Operating margin
- 24.5%
- Net margin
- 17.8%
- Payout ratio
- 41.8%
- Net debt/EBITDA
- 0.4x
- Beta
- 0.92
Weighted average of the 40 largest companies, which make up 94% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 SHShell SHEL 4.9%
- 2 60Recruit Holdings Co., Ltd. 6098.T 4.5%
- 3 BBBanco Bilbao Vizcaya Argentaria, S.A. BBVA 4.3%
- 4 65Hitachi, Ltd. 6501.T 3.8%
- 5 ALAllianz ALV.DE 3.5%
- 6 MFManulife Financial Corporation MFC 3.5%
- 7 ASASML ASML 3.4%
- 8 68Keyence Corporation 6861.T 3.4%
- 9 SPSpotify SPOT 3.1%
- 10 HLHaleon HLN 3.1%
Positions in the fund: 45. The ten largest make up 37% of it.
Composition as of Oct 13, 2026.
Where is it spread?
Spread outBy country
- Japan 20%
- United Kingdom 16%
- Canada 8.9%
- Sweden 7.3%
- Other countries 48%
By company size
- Mega cap 19%
- Large cap 79%
- Mid cap 1.5%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 94% of the fund.
Largest country: Japan (20%). Largest size group: Large cap (79%).
What does it cost me?
Expensive- A year from $10,000
- $70.00
- Over 20 years
- $3,322
From every $10,000 invested the fund takes $70.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,322.
How has it done?
- Deepest drop
- -4.5%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $298.6K
- Shares a day
- 19K
On an average day about $298.6K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 21.0
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 29%
- Fairly valued 13%
- Overvalued 58%
On average the companies inside trade for 21.0 times their yearly profit. By Fair Price, 58% of the rated weight comes out as overvalued.
Counted from its largest companies (40), which make up 94% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
PJ PJIN PGIM Jennison International Core Equity ETF | United States | 0.23% | $4.86M | - | - | 23% |
VI VIDGX Vanguard International Dividend Growth Fund· mutual fund | United States | 0.53% | $124.5M | +4.3% | Pays out | 22% |