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Shareholder Report
 6 Months Ended
Apr. 30, 2025
USD ($)
Holding
Shareholder Report [Line Items]  
Document Type N-CSRS
Amendment Flag false
Registrant Name DAVIS FUNDAMENTAL ETF TRUST
Entity Central Index Key 0001670310
Entity Investment Company Type N-1A
Document Period End Date Apr. 30, 2025
C000174138 [Member]  
Shareholder Report [Line Items]  
Fund Name Davis Select U.S. Equity ETF
Trading Symbol DUSA
Security Exchange Name CBOE
Annual or Semi-Annual Statement [Text Block] This Semi-Annual shareholder report contains important information about the Davis Select U.S. Equity ETF (the “Fund”) for the period of November 1, 2024 to April 30, 2025 (the “period”).
Shareholder Report Annual or Semi-Annual Semi-Annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at davisetfs.com/literature/regulatory-documents or by contacting Investor Services at 1-800-279-0279.
Additional Information Phone Number 1-800-279-0279
Additional Information Website davisetfs.com/literature/regulatory-documents
Expenses [Text Block]
What were the Fund expenses for the last six months?
(Based on a hypothetical $10,000 investment)
Fund Costs of $10,000 investment Costs paid as a percentage of a $10,000 investment
Davis Select U.S. Equity ETF $30 0.59%*
*
Annualized.
Expenses Paid, Amount $ 30
Expense Ratio, Percent 0.59% [1]
Factors Affecting Performance [Text Block]
Management’s Discussion of Fund Performance
Summary of Results
The Fund outperformed the Standard & Poor’s 500 Index (“S&P 500” or the “Index”) for the period. The Fund delivered a total return of 1.85%, versus a -1.74% return for the S&P 500. The Fund invests principally in common stocks issued by large companies with market capitalizations of at least $10 billion. The Fund is non-diversified and, therefore, allowed to focus its investments in fewer companies than a fund that is required to diversify its portfolio. The Fund continues to invest a significant portion of its assets in financial services companies.
Market Overview
  • S&P 500
    • Strongest performing sectors - Consumer Staples (+6%), Financials (+6%), and Communication Services (+1%)
    • Weakest performing sectors - Materials (-9%), Energy (-8%), and Information Technology (-6%)
Contributors to Performance
  • Financials - outperformed the Index sector (+9% vs +6%) and significantly overweight (average weighting 35% vs 14%)
    • Berkshire Hathaway (+18%) and Capital One Financial (+11%) - two largest individual contributors
    • Markel Group (+18%), Wells Fargo (+11%), Bank of New York Mellon (+8%), and JPMorgan Chase (+12%)
  • Health Care - outperformed the Index sector (+5% vs -4%)
    • CVS Health (+21%), Quest Diagnostics (+16%), and Cigna Group (+9%)
  • Significantly underweight in weaker performing Information Technology sector - (average weighting 5% vs 31%)
  • Repurchase agreement position (cash) in a down-market environment (6% average position)
  • New Fund holding - Restaurant Brands (+7%)
Detractors from Performance
  • Information Technology - underperformed the Index sector (-16% vs -6%)
    • Applied Materials (-17%) and Texas Instruments (-20%)
  • Communication Services - underperformed the Index sector (-4% vs +1%)
    • Alphabet (-7%)
  • Industrials - underperformed the Index sector (-16% vs -1%)
    • Owens Corning (-17%)
  • Underweight in stronger performing Consumer Staples sector (average weighting 1% vs 6%)
  • Individual holdings
    • Viatris (-26%) and U.S. Bancorp (-15%) - two largest individual detractors
    • MGM Resorts (-15%), Teck Resources (-27%), ConocoPhillips (-17%), and Solventum (-9%)
Performance Past Does Not Indicate Future [Text] The performance data quoted in this report represents past performance, assumes that all distributions were reinvested  at NAV , and is not a guarantee of future results.
Average Annual Return [Table Text Block]
AVERAGE ANNUAL TOTAL RETURN FOR PERIODS ENDED 04/30/25 1 Year 5 Years Since Inception
(01/11/17)
Davis Select U.S. Equity ETF — Net Asset Value (NAV) 10.14% 15.06% 10.78%
S&P 500 Index 12.10% 15.60% 13.30%
Russell 1000 Value Index 8.55% 12.99% 8.45%
Performance Inception Date Jan. 11, 2017
No Deduction of Taxes [Text Block] Returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.
Updated Performance Information Location [Text Block] For most recent month-end performance information, please call Investor Services at 1-800-279-0279 or visit the Fund’s website at www.davisetfs.com .
Net Assets $ 657,600,000
Holdings Count | Holding 30
Advisory Fees Paid, Amount $ 1,700,000
Investment Company Portfolio Turnover 3.00%
Additional Fund Statistics [Text Block]
Key Fund Statistics
Fund net assets as of 04/30/25 (in millions) $657.6
Total number of portfolio holdings as of 04/30/25 30
Portfolio turnover rate for the period 3%
Total advisory fees paid for the period (in millions) $1.7
Holdings [Text Block]
Top Sectors as of 04/30/25 Net Assets
Financials 36.48%
Health Care 19.00%
Consumer Discretionary 13.57%
Communication Services 11.31%
Energy 5.90%
C000174139 [Member]  
Shareholder Report [Line Items]  
Fund Name Davis Select Financial ETF
Trading Symbol DFNL
Security Exchange Name CBOE
Annual or Semi-Annual Statement [Text Block] This Semi-Annual shareholder report contains important information about the Davis Select Financial ETF (the “Fund”) for the period of November 1, 2024 to April 30, 2025 (the “period”).
Shareholder Report Annual or Semi-Annual Semi-Annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at davisetfs.com/literature/regulatory-documents or by contacting Investor Services at 1-800-279-0279.
Additional Information Phone Number 1-800-279-0279
Additional Information Website davisetfs.com/literature/regulatory-documents
Expenses [Text Block]
What were the Fund expenses for the last six months?
(Based on a hypothetical $10,000 investment)
Fund Costs of $10,000 investment Costs paid as a percentage of a $10,000 investment
Davis Select Financial ETF $32 0.62%*
*
Annualized.
Expenses Paid, Amount $ 32
Expense Ratio, Percent 0.62% [2]
Factors Affecting Performance [Text Block]
Management’s Discussion of Fund Performance
Summary of Results
The Fund underperformed the S&P 500 Financials Index (the “Index”) for the period. The Fund delivered a total return of 4.95%, versus a 5.72% return for the Index. The Fund outperformed the -1.74% return of the S&P 500 Index. The Fund invests, under normal conditions, at least 80% of its net assets in common stocks issued by companies principally engaged in the financial services sector. The Fund is non-diversified and, therefore, allowed to focus its investments in fewer companies than a fund that is required to diversify its portfolio. The Fund continues to invest a significant portion of its assets in foreign companies.
Market Overview
  • S&P 500 Financials
    • Strongest performing industries - Financial Services (+12%) and Insurance (+5%)
    • Weakest performing industries - Capital Markets (less than 1%) and Banks (+3%)
Detractors from Performance
  • Financial Services - underperformed the Index industry (+7% vs +12%) and significantly underweight (average weighting 10% vs 32%)
    • Rocket Companies (-15%)
    • Exor (-3%) - new purchase during the period
  • Banks - underperformed the Index industry (+2% vs +3%) and overweight (average weighting 44% vs 25%)
    • Fifth Third Bancorp (-16%), U.S. Bancorp (-15%), and PNC Financial Services (-13%) - three largest individual detractors
    • Truist Financial (-9%), M&T Bank (-12%), and Bank of America (-4%)
  • Individual holdings
    • RenaissanceRe Holdings (-8%) and State Street (-4%)
Contributors to Performance
  • Capital Markets - outperformed the Index industry (+9% vs less than 1%) and underweight (average weighting 12% vs 23%)
    • Julius Baer Group (+12%) and Bank of New York Mellon (+8%)
  • Consumer Finance - outperformed the Index industry (+8% vs +5%)
    • Capital One Financial (+11%)
  • Insurance - outperformed the Index industry (+7% vs +5%)
    • Markel Group (+18%)
  • Individual holdings
    • Berkshire Hathaway (+18%) and Danske Bank (+30%) - two largest individual contributors
    • JPMorgan Chase (+12%), DBS Group Holdings (+14%), Wells Fargo (+11%), and DNB Bank (+29%)
Performance Past Does Not Indicate Future [Text] The performance data quoted in this report represents past performance, assumes that all distributions were reinvested  at NAV , and is not a guarantee of future results.
Average Annual Return [Table Text Block]
AVERAGE ANNUAL TOTAL RETURN FOR PERIODS ENDED 04/30/25 1 Year 5 Years Since Inception
(01/11/17)
Davis Select Financial ETF — Net Asset Value (NAV) 22.04% 18.92% 10.58%
S&P 500 Index 12.10% 15.60% 13.30%
S&P 500 Financials Index 22.82% 18.76% 11.35%
Performance Inception Date Jan. 11, 2017
No Deduction of Taxes [Text Block] Returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.
Updated Performance Information Location [Text Block] For most recent month-end performance information, please call Investor Services at 1-800-279-0279 or visit the Fund’s website at www.davisetfs.com .
Net Assets $ 252,100,000
Holdings Count | Holding 31
Advisory Fees Paid, Amount $ 676,100
Investment Company Portfolio Turnover 1.00%
Additional Fund Statistics [Text Block]
Key Fund Statistics
Fund net assets as of 04/30/25 (in millions) $252.1
Total number of portfolio holdings as of 04/30/25 31
Portfolio turnover rate for the period 1%
Total advisory fees paid for the period (in thousands) $676.1
Holdings [Text Block]
Top Industries as of 04/30/25 Net Assets
Banks 43.32%
Insurance 17.19%
Consumer Finance 12.96%
Financial Services 12.08%
Capital Markets 11.95%
C000174140 [Member]  
Shareholder Report [Line Items]  
Fund Name Davis Select Worldwide ETF
Trading Symbol DWLD
Security Exchange Name CBOE
Annual or Semi-Annual Statement [Text Block] This Semi-Annual shareholder report contains important information about the Davis Select Worldwide ETF (the “Fund”) for the period of November 1, 2024 to April 30, 2025 (the “period”).
Shareholder Report Annual or Semi-Annual Semi-Annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at davisetfs.com/literature/regulatory-documents or by contacting Investor Services at 1-800-279-0279.
Additional Information Phone Number 1-800-279-0279
Additional Information Website davisetfs.com/literature/regulatory-documents
Expenses [Text Block]
What were the Fund expenses for the last six months?
(Based on a hypothetical $10,000 investment)
Fund Costs of $10,000 investment Costs paid as a percentage of a $10,000 investment
Davis Select Worldwide ETF $31 0.62%*
*
Annualized.
Expenses Paid, Amount $ 31
Expense Ratio, Percent 0.62% [3]
Factors Affecting Performance [Text Block]
Management’s Discussion of Fund Performance
Summary of Results
The Fund underperformed the Morgan Stanley Capital International All Country World Index (“MSCI ACWI” or the “Index”) for the period. The Fund delivered a total return of -0.44%, versus a 0.88% return for the MSCI ACWI. The Fund invests principally in common stocks (including American Depositary Receipts) issued by both United States and foreign companies, including countries with developed or emerging markets. The Fund may invest in large, medium or small companies without regard to market capitalization.
Market Overview
  • MSCI ACWI
    • Strongest performing sectors - Financials (+10%), Consumer Staples (+8%), and Utilities (+5%)
    • Weakest performing sectors - Information Technology (-5%), Energy (-4%), and Materials (-4%)
Detractors from Performance
  • Consumer Discretionary - underperformed the Index sector (-11% vs +2%)
    • Meituan (-28%) - largest individual detractor
    • Delivery Hero (-33%), MGM Resorts (-15%), and Trip.com Group (-8%)
    • PDD Holdings (-13%) - purchased and subsequently sold during the period
  • Underweight in stronger performing Consumer Staples sector (average weighting 1% vs 6%)
  • Industrials - underperformed the Index sector (-2% vs +3%) and underweight (average weighting 3% vs 10%)
  • China holdings - underperformed the Index China exposure (-11% vs +8%)
  • Individual holdings
    • Teck Resources (-27%), Viatris (-26%), Solventum (-9%), Samsung Electronics (-8%), and Ping An Insurance (-3%)
Contributors to Performance
  • Financials - outperformed the Index sector (+12% vs +10%) and overweight (average weighting 30% vs 17%)
    • Danske Bank (+30%) - largest individual contributor
    • Markel Group (+18%), Berkshire Hathaway (+18%), Capital One Financial (+11%), and Julius Baer Group (+12%)
    • Wells Fargo (+14%) - no longer a Fund holding
  • Significantly underweight in weaker performing Information Technology sector - (average weighting 6% vs 25%)
  • Health Care - outperformed the Index sector (+1% vs -4%)
    • CVS Health (+21%)
  • Overweight in Consumer Discretionary (average weighting 29% vs 11%) and Communications Services (average weighting 13% vs 8%)
    • Sea (+43%) and Prosus (+11%)
    • NetEase (+21%) - new purchase during the period
Performance Past Does Not Indicate Future [Text] The performance data quoted in this report represents past performance, assumes that all distributions were reinvested  at NAV , and is not a guarantee of future results.
Average Annual Return [Table Text Block]
AVERAGE ANNUAL TOTAL RETURN FOR PERIODS ENDED 04/30/25 1 Year 5 Years Since Inception
(01/11/17)
Davis Select Worldwide ETF — Net Asset Value (NAV) 16.59% 12.18% 9.09%
MSCI ACWI 11.84% 13.06% 10.25%
Performance Inception Date Jan. 11, 2017
No Deduction of Taxes [Text Block] Returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.
Updated Performance Information Location [Text Block] For most recent month-end performance information, please call Investor Services at 1-800-279-0279 or visit the Fund’s website at www.davisetfs.com .
Net Assets $ 380,300,000
Holdings Count | Holding 44
Advisory Fees Paid, Amount $ 958,600
Investment Company Portfolio Turnover 13.00%
Additional Fund Statistics [Text Block]
Key Fund Statistics
Fund net assets as of 04/30/25 (in millions) $380.3
Total number of portfolio holdings as of 04/30/25 44
Portfolio turnover rate for the period 13%
Total advisory fees paid for the period (in thousands) $958.6
Holdings [Text Block]
Top Sectors as of 04/30/25 Net Assets
Financials 29.70%
Consumer Discretionary 27.36%
Communication Services 11.25%
Health Care 9.49%
Information Technology 6.87%
C000198594 [Member]  
Shareholder Report [Line Items]  
Fund Name Davis Select International ETF
Trading Symbol DINT
Security Exchange Name CBOE
Annual or Semi-Annual Statement [Text Block] This Semi-Annual shareholder report contains important information about the Davis Select International ETF (the “Fund”) for the period of November 1, 2024 to April 30, 2025 (the “period”).
Shareholder Report Annual or Semi-Annual Semi-Annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at davisetfs.com/literature/regulatory-documents or by contacting Investor Services at 1-800-279-0279.
Additional Information Phone Number 1-800-279-0279
Additional Information Website davisetfs.com/literature/regulatory-documents
Expenses [Text Block]
What were the Fund expenses for the last six months?
(Based on a hypothetical $10,000 investment)
Fund Costs of $10,000 investment Costs paid as a percentage of a $10,000 investment
Davis Select International ETF $33 0.67%*
*
Annualized.
Expenses Paid, Amount $ 33
Expense Ratio, Percent 0.67% [4]
Factors Affecting Performance [Text Block]
Management’s Discussion of Fund Performance
Summary of Results
The Fund underperformed the Morgan Stanley Capital International All Country World Index ex USA (“MSCI ACWI ex USA” or the “Index”) for the period. The Fund delivered a total return of -1.37%, versus a 5.95% return for the MSCI ACWI ex USA. The Fund invests principally in common stocks (including American Depositary Receipts) issued by foreign companies, including countries with developed or emerging markets. The Fund may invest in large, medium or small companies without regard to market capitalization.
Market Overview
  • MSCI ACWI ex USA
    • Strongest performing sectors - Communication Services (+16%), Financials (+15%), and Utilities (+11%)
    • Weakest performing sectors - Health Care (-3%), Information Technology (-3%), and Energy (-2%)
Detractors from Performance
  • Consumer Discretionary - underperformed the Index sector (-11% vs +4%) and overweight (average weighting 38% vs 11%)
    • Meituan (-28%) and Delivery Hero (-33%) - two largest individual detractors
    • Coupang (-9%), Trip.com Group (-8%), and JD.com (-17%)
    • Misto Holdings (-8%) - formerly FILA Holdings
    • PDD Holdings (-13%) - purchased and subsequently sold during the period
  • Financials - underperformed the Index sector (+10% vs +15%)
    • Noah Holdings (-25%)
  • China holdings - significantly underperformed the Index China exposure (-13% vs +8%)
  • Individual holdings
    • Teck Resources (-27%) and KE Holdings (-6%)
Contributors to Performance
  • No exposure to Health Care and underweight in Information Technology (average weighting 7% vs 13%), the two weakest performing sectors of the Index, respectively
  • Communication Services - outperformed the Index sector (+45% vs +16%)
    • Sea (+43%)
    • NetEase (+21%) - new purchase during the period
  • Overweight in Financials - (average weighting 31% vs 24%)
    • Danske Bank (+30%) - largest individual contributor
    • DBS Group Holdings (+14%), Julius Baer Group (+12%), DNB Bank (+29%), Bank of N.T Butterfield (+12%), and Metro Bank Holdings (+35%)
  • Individual holdings
    • Naspers (+12%) and Prosus (+11%)
Performance Past Does Not Indicate Future [Text] The performance data quoted in this report represents past performance, assumes that all distributions were reinvested  at NAV , and is not a guarantee of future results.
Average Annual Return [Table Text Block]
AVERAGE ANNUAL TOTAL RETURN FOR PERIODS ENDED 04/30/25 1 Year 5 Years Since Inception
(03/01/18)
Davis Select International ETF — Net Asset Value (NAV) 18.62% 8.59% 3.55%
MSCI ACWI ex USA 11.93% 10.08% 4.77%
Performance Inception Date Mar. 01, 2018
No Deduction of Taxes [Text Block] Returns shown do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.
Updated Performance Information Location [Text Block] For most recent month-end performance information, please call Investor Services at 1-800-279-0279 or visit the Fund’s website at www.davisetfs.com .
Net Assets $ 216,100,000
Holdings Count | Holding 31
Advisory Fees Paid, Amount $ 539,100
Investment Company Portfolio Turnover 15.00%
Additional Fund Statistics [Text Block]
Key Fund Statistics
Fund net assets as of 04/30/25 (in millions) $216.1
Total number of portfolio holdings as of 04/30/25 31
Portfolio turnover rate for the period 15%
Total advisory fees paid for the period (Net advisory fee after waiver) (in thousands) $539.1
Holdings [Text Block]
Top Sectors as of 04/30/25 Net Assets
Consumer Discretionary 34.20%
Financials 29.49%
Industrials 8.59%
Information Technology 6.85%
Communication Services 6.27%
[1] Annualized.
[2] Annualized.
[3] Annualized.
[4] Annualized.