Latest news with #DGS
Yahoo
2 days ago
- Business
- Yahoo
Is WisdomTree Emerging Markets SmallCap Dividend ETF (DGS) a Strong ETF Right Now?
Designed to provide broad exposure to the Broad Emerging Market ETFs category of the market, the WisdomTree Emerging Markets SmallCap Dividend ETF (DGS) is a smart beta exchange traded fund launched on 10/30/2007. The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results. Because the fund has amassed over $1.63 billion, this makes it one of the larger ETFs in the Broad Emerging Market ETFs. DGS is managed by Wisdomtree. Before fees and expenses, this particular fund seeks to match the performance of the WisdomTree Emerging Markets SmallCap Dividend Index. The WisdomTree Emerging Markets SmallCap Dividend Index is a fundamentally weighted index that measures the performance of primarily small cap stocks selected from the WisdomTree Emerging Markets Dividend Index. Companies included in the Index fall within the bottom 10% of total market capitalization of the WisdomTree Emerging Markets Dividend Index. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. Operating expenses on an annual basis are 0.58% for DGS, making it on par with most peer products in the space. The fund has a 12-month trailing dividend yield of 3.08%. Most ETFs are very transparent products, and disclose their holdings on a daily basis. ETFs also offer diversified exposure, which minimizes single stock risk, though it's still important for investors to research a fund's holdings. Taking into account individual holdings, Old Mutual Ltd (OMU) accounts for about 0.82% of the fund's total assets, followed by Tisco Financial Group Pcl - Nvdr (TISCO-R) and Grupo Aeroportuario Del Centro (OMAB). The top 10 holdings account for about 7.32% of total assets under management. The ETF has added roughly 10.97% and is up roughly 6.42% so far this year and in the past one year (as of 06/19/2025), respectively. DGS has traded between $43.34 and $54.95 during this last 52-week period. The ETF has a beta of 0.65 and standard deviation of 14.35% for the trailing three-year period, making it a medium risk choice in the space. With about 1112 holdings, it effectively diversifies company-specific risk . WisdomTree Emerging Markets SmallCap Dividend ETF is not a suitable option for investors seeking to outperform the Broad Emerging Market ETFs segment of the market. Instead, there are other ETFs in the space which investors should consider. Vanguard FTSE Emerging Markets ETF (VWO) tracks FTSE Emerging Markets All Cap China A Inclusion Index and the iShares Core MSCI Emerging Markets ETF (IEMG) tracks MSCI Emerging Markets Investable Market Index. Vanguard FTSE Emerging Markets ETF has $87.35 billion in assets, iShares Core MSCI Emerging Markets ETF has $89.57 billion. VWO has an expense ratio of 0.07% and IEMG changes 0.09%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Broad Emerging Market ETFs To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report WisdomTree Emerging Markets SmallCap Dividend ETF (DGS): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hindu
3 days ago
- General
- The Hindu
Fire aboard Singapore-flagged ship partially contained: DGS
The blaze aboard the Singapore-flagged cargo ship, which caught fire last week off the Kerala coast, is partially contained, the Directorate General of Shipping (DGS) said on Wednesday. According to a DGS report about the situation as of June 17, there is a noticeable reduction in visible flames and smoke intensity across most zones of the vessel -- MV Wan Hai 503 -- that caught fire after an explosion in one of the containers aboard. The vessel was heading to Colombo from Mumbai. The other positive developments were the vessel's reduced speed, its offshore trajectory and current position at around 68.5 nautical miles off the Kerala coast, the report said. At the same time, the persistent smoke from certain sections of the ship, its history of internal flare-ups which require sustained firefighting pressure, the adverse weather conditions and the absence of a second towline were matters of concern, it said. 'Weather at the site remains adverse, with westerly winds between 29–34 knots, gusting up to 39 knots, intermittent heavy rainfall, and periods of zero visibility, all of which are significantly impeding firefighting and boarding operations,' the DGS said. Establishing a second towline was crucial, given the dynamic sea state and the structural stresses already endured by the vessel, it added. At present, the ship remains connected via a single towline to a tugboat -- Offshore Warrior, it said. The DGS report further said that stability assessments of the vessel suggest it was operating within 90% of acceptable seagoing conditions, but targeted hull strength evaluations, especially near high-heat zones, remain a priority. It also said that discussions are going on for a Port of Refuge, as a contingency, with Jebel Ali in Dubai under primary consideration, subject to complete fire suppression, structural integrity assessments, and regulatory permissions. 'Alternatives in Bahrain, Sri Lanka, Malaysia, and Qatar are also under review,' it added. The report further said that identification of a body which reportedly washed ashore near the Kerala coast is currently under verification, with support from local authorities, as of the 22 crew members on board the vessel, 18 were rescued while four remain missing. 'Efforts remain focused on fire suppression, structural safety, and safe relocation of the vessel out of Indian waters under controlled tow,' it said.
The Hindu
3 days ago
- General
- The Hindu
Oil extraction from MSC Elsa 3 to take more time due to monsoon: DGS
The Directorate General of Shipping (DGS) on Wednesday said that due to the prevailing peak monsoon conditions and associated operational risks, it will take more time to extract oil from the Liberian-flagged ship that sank off the Kerala coast last month. The DGS said the present weather conditions provide only a 'narrow and fragmented working window,' which is unsuitable for 'stable and safe' oil extraction efforts. 'Further delay would provide a more reliable window to safely conduct hot tapping and oil recovery,' it said. It further said that the vessel Nand Saarthi -- from where saturation diving operations for oil extraction were to be conducted -- remains at the Kochi port due to prevailing adverse sea conditions. 'Upon improvement in weather, it will sail to the wreck site. Oil recovery equipment on board Nand Saarthi is to be transferred to Canara Megh for the next phase. All accessories and gases remain available and are being held for deployment once the new contractor takes over,' the DGS said. It further said that the SEAMAC III vessel, from which the divers were working to plug the oil leaks in the sunken ship, has been demobilised and was proceeding to Mumbai as all the leaks have been plugged. The Indian Coast Guard (ICG) has conducted aerial sorties using Dornier aircraft equipped with Pollution Surveillance Systems (PSS) to look for any oil slicks, the DGS said. 'No oil slick has been observed approximately 60 nautical miles from the wreck site. Additional sorties are planned to continue monitoring the situation,' it added. Besides that, satellite imagery from the International Tanker Owners Pollution Federation (ITOPF) is awaited to confirm whether there were any shoreline and offshore oil traces. Therefore, at present, the salvage operations are in a standby/caretaking phase till the new contractor takes over, it said. Regarding the clean-up operations, the DGS said that handling and disposal of plastic nurdles, which floated to the shores from the ship remains a concern. 'The Customs authorities have requested treating the recovered nurdles as bonded cargo. Approximately 65-75 tonnes is now stored shore-side, awaiting a final disposal decision,' the DGS said.
India Today
3 days ago
- General
- India Today
Fire on Singapore-flagged cargo ship off Kerala coast partially contained
The blaze aboard the Singapore-flagged cargo ship, which caught fire last week off the Kerala coast, is partially contained, the Directorate General of Shipping (DGS) said on to a DGS report about the situation as of June 17, there is a noticeable reduction in visible flames and smoke intensity across most zones of the vessel -- MV Wan Hai 503 -- that caught fire after an explosion in one of the containers aboard. The vessel was heading to Colombo from other positive developments were the vessel's reduced speed, its offshore trajectory and current position at around 68.5 nautical miles off the Kerala coast, the report said. At the same time, the persistent smoke from certain sections of the ship, its history of internal flare-ups which require sustained firefighting pressure, the adverse weather conditions and the absence of a second towline were matters of concern, it said."Weather at the site remains adverse, with westerly winds between 29–34 knots, gusting up to 39 knots, intermittent heavy rainfall, and periods of zero visibility, all of which are significantly impeding firefighting and boarding operations," the DGS a second towline was crucial, given the dynamic sea state and the structural stresses already endured by the vessel, it added. Presently, the ship remains connected via a single towline to a tugboat -- Offshore Warrior,it DGS report further said that stability assessments of the vessel suggest it was operating within 90 per cent of acceptable seagoing conditions, but targeted hull strength evaluations, especially near high-heat zones, remain a also said that discussions are going on for a Port of Refuge, as a contingency, with Jebel Ali in Dubai under primary consideration, subject to complete fire suppression, structural integrity assessments, and regulatory permissions."Alternatives in Bahrain, Sri Lanka, Malaysia, and Qatar are also under review," it report further said that identification of a body which reportedly washed ashore near the Kerala coast is currently under verification, with support from local authorities, as of the 22 crew members on board the vessel, 18 were rescued while four remain missing."Efforts remain focused on fire suppression, structural safety, and safe relocation of the vessel out of Indian waters under controlled tow," it InMust Watch
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Business Standard
3 days ago
- General
- Business Standard
Oil extraction from MSC Elsa 3 to take more time due to monsoon season: DGS
The Directorate General of Shipping (DGS) on Wednesday said that due to the prevailing peak monsoon conditions and associated operational risks, it will take more time to extract oil from the Liberian-flagged ship that sank off the Kerala coast last month. The DGS said that the present weather conditions provide only a "narrow and fragmented working window", which is unsuitable for "stable and safe" oil extraction efforts. "Further delay would provide a more reliable window to safely conduct hot tapping and oil recovery," it said. It further said that the vessel Nand Saarthi -- from where saturation diving operations for oil extraction were to be conducted -- remains at Kochi port due to prevailing adverse sea conditions. "Upon improvement in weather, it will sail to the wreck site. Oil recovery equipment onboard Nand Saarthi is to be transferred to Canara Megh for the next phase. All accessories and gases remain available and are being held for deployment once the new contractor takes over," the DGS said. It further said that the SEAMAC III vessel, from which the divers were working to plug the oil leaks in the sunken ship, has been demobilised and was proceeding to Mumbai as all the leaks have been plugged. The Indian Coast Guard (ICG) has conducted aerial sorties using Dornier aircraft equipped with Pollution Surveillance Systems (PSS) to look for any oil slicks, the DGS said. "No oil slick has been observed approximately 60 nautical miles from the wreck site. Additional sorties are planned to continue monitoring the situation," it added. Besides that, satellite imagery from the International Tanker Owners Pollution Federation (ITOPF) is awaited to confirm whether there were any shoreline and offshore oil traces. Therefore, presently, the salvage operations are in a standby/caretaking phase till the new contractor takes over, it said. Regarding the clean-up operations, the DGS said that handling and disposal of plastic nurdles, which floated to the shores from the ship remains a concern. "The customs authorities have requested treating the recovered nurdles as bonded cargo. Approximately 65-75 tons are now stored shore-side, awaiting a final disposal decision," the DGS said. It further said that there was a need for a standard operating procedure for handling and disposal of the nurdles, that balances environmental safety with regulatory compliance. It said that according to the ITOPF the recovered nurdles include varying polymer grades, posing challenges to standardised disposal methods. "Onshore, the Marine Emergency Response Centre (MERC) has continued container recovery activities at Kollam, focusing on submerged containers using divers. "Beach cleanup operations continue across Thiruvananthapuram with approximately 160 volunteers deployed," the DGS said. However, the intermittent rains have slowed down the clean-up work on some days, it added. "The air sorties and continuous coastal vigilance, in combination with onshore cleanup efforts, have been instrumental in monitoring post-wreck environmental impacts," it said. The Liberian-flagged MSC Elsa 3 had sunk approximately 14.6 nautical miles off Thottappally coast in Kerala's Alappuzha district between May 24-25. The vessel went down carrying 640 containers, including 13 with hazardous cargo and 12 containing calcium carbide. It was also loaded with 84.44 metric tonnes of diesel and 367.1 metric tonnes of furnace oil, according to the Ministry of Defence. The vessel sank with oil still trapped inside. On June 11, Kerala Police registered a case of rash navigation against the ship's owner, master, and crew. An FIR registered by the Fort Kochi Coastal Police Station states that the owners, master, and crew handled the vessel--which was carrying combustible and explosive cargo dangerous to human life and property--in a negligent manner, leading to its sinking. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
