AdvisorShares Hotel ETF
Name
As of 10/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.6%
1 yr return
33.9%
3 Yr Avg Return
6.4%
5 Yr Avg Return
N/A
Net Assets
$4.07 M
Holdings in Top 10
51.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.41%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BEDZ - Profile
Distributions
- YTD Total Return 9.6%
- 3 Yr Annualized Total Return 6.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 1.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAdvisorShares Hotel ETF
-
Fund Family NameN/A
-
Inception DateApr 20, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDan Ahrens
Fund Description
The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the hotel business. The Fund defines companies in the hotel business as those in the hotels, resorts & cruise lines sub-industry, which consists of owners and operators of hotels (generally excluding casino-hotels), resorts, and cruise-ships and includes travel agencies, tour operators and related services not classified elsewhere. The Fund may also invest in companies involved in other lodging and travel-related services.
The Fund invests primarily in U.S. exchange listed equity securities, including common and preferred stock, real estate investment trusts, and American Depositary Receipts (“ADRs”). ADRs are securities traded on a local stock exchange that represent interests in securities issued by a foreign publicly listed company. The investment strategy typically identifies a wide variety of large- and mid-capitalization stocks. The Fund also may invest in small- and micro-capitalization stocks.
The Fund will concentrate at least 25% of its investments in the hotels, restaurants & leisure industry within the consumer discretionary sector. The Fund is non-diversified and may invest a greater percentage of its assets in a particular issuer than a diversified fund.
The Advisor may use a variety of methods for security selection. As the Fund primarily focuses on one business area, the Advisor intends to select companies with dominant positions in that market or those in unique positions for growth and expansion. The Advisor will utilize numerous outside analyst ratings and stock selection rating tools. In addition, the Advisor may invest the Fund’s assets in lesser-known companies that the Advisor believes have a unique opportunity for growth. At times, the Advisor may aim to buy certain out-of-favor stocks believed to be at prices below their future potential value, as measured by the Advisor or outside analysts. The Fund may sell a security when the Advisor believes that the security is overvalued or better investment opportunities are available, or to limit position size within the Fund’s portfolio.
BEDZ - Performance
Return Ranking - Trailing
Period | BEDZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.6% | -25.0% | 16.3% | 90.38% |
1 Yr | 33.9% | -31.8% | 19.9% | 58.33% |
3 Yr | 6.4%* | -4.6% | 21.0% | N/A |
5 Yr | N/A* | -1.9% | 12.2% | N/A |
10 Yr | N/A* | 1.1% | 14.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | BEDZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.8% | -55.7% | 29.4% | N/A |
2022 | -13.6% | -13.5% | 24.4% | N/A |
2021 | N/A | -3.6% | 31.0% | N/A |
2020 | N/A | -6.6% | 10.4% | N/A |
2019 | N/A | -7.1% | 5.8% | N/A |
Total Return Ranking - Trailing
Period | BEDZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.6% | -41.3% | 16.3% | 86.54% |
1 Yr | 33.9% | -31.8% | 19.9% | 58.33% |
3 Yr | 6.4%* | -4.6% | 21.0% | N/A |
5 Yr | N/A* | -1.9% | 12.2% | N/A |
10 Yr | N/A* | 3.7% | 14.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BEDZ Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 23.9% | -55.7% | 29.4% | N/A |
2022 | -13.4% | -13.5% | 24.4% | N/A |
2021 | N/A | -3.6% | 31.0% | N/A |
2020 | N/A | -6.6% | 10.4% | N/A |
2019 | N/A | -7.1% | 5.8% | N/A |
BEDZ - Holdings
Concentration Analysis
BEDZ | Category Low | Category High | BEDZ % Rank | |
---|---|---|---|---|
Net Assets | 4.07 M | 979 K | 16.1 B | 90.74% |
Number of Holdings | 25 | 25 | 327 | 96.30% |
Net Assets in Top 10 | 1.74 M | 431 K | 11.1 B | 87.04% |
Weighting of Top 10 | 51.65% | 13.6% | 74.1% | 44.44% |
Top 10 Holdings
- Target Hospitality Corp 5.84%
- Expedia Group Inc 5.67%
- Booking Holdings Inc 5.52%
- Trip.com Group Ltd 5.43%
- Royal Caribbean Cruises Ltd 5.20%
- Norwegian Cruise Line Holdings Ltd 5.02%
- Xenia Hotels Resorts Inc 5.01%
- InterContinental Hotels Group PLC 4.97%
- Apple Hospitality REIT Inc 4.51%
- MGM Resorts International 4.49%
Asset Allocation
Weighting | Return Low | Return High | BEDZ % Rank | |
---|---|---|---|---|
Stocks | 96.86% | 77.53% | 100.38% | 98.15% |
Cash | 4.35% | -0.37% | 22.47% | 3.70% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 31.48% |
Other | 0.00% | -2.11% | 0.43% | 31.48% |
Convertible Bonds | 0.00% | 0.00% | 0.04% | 31.48% |
Bonds | 0.00% | 0.00% | 0.42% | 31.48% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BEDZ % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 6.10% | 31.48% |
Technology | 0.00% | 0.00% | 56.29% | 75.93% |
Real Estate | 0.00% | 0.00% | 38.79% | 9.26% |
Industrials | 0.00% | 0.00% | 42.91% | 14.81% |
Healthcare | 0.00% | 0.00% | 13.27% | 59.26% |
Financial Services | 0.00% | 0.00% | 7.31% | 38.89% |
Energy | 0.00% | 0.00% | 1.00% | 31.48% |
Communication Services | 0.00% | 0.00% | 93.76% | 87.04% |
Consumer Defense | 0.00% | 0.00% | 29.70% | 83.33% |
Consumer Cyclical | 0.00% | 0.00% | 97.08% | 37.04% |
Basic Materials | 0.00% | 0.00% | 7.13% | 35.19% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BEDZ % Rank | |
---|---|---|---|---|
US | 96.86% | 26.30% | 99.97% | 62.96% |
Non US | 0.00% | 0.00% | 73.67% | 53.70% |
BEDZ - Expenses
Operational Fees
BEDZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.41% | 0.08% | 2.44% | 24.07% |
Management Fee | 0.60% | 0.03% | 0.85% | 66.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | 27.27% |
Administrative Fee | N/A | 0.03% | 0.25% | 20.00% |
Sales Fees
BEDZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
BEDZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BEDZ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 4.00% | 214.00% | N/A |
BEDZ - Distributions
Dividend Yield Analysis
BEDZ | Category Low | Category High | BEDZ % Rank | |
---|---|---|---|---|
Dividend Yield | 1.52% | 0.00% | 3.30% | 38.89% |
Dividend Distribution Analysis
BEDZ | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annually |
Net Income Ratio Analysis
BEDZ | Category Low | Category High | BEDZ % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.54% | 2.70% | 2.04% |
Capital Gain Distribution Analysis
BEDZ | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2023 | $0.465 | OrdinaryDividend |
Dec 23, 2022 | $0.048 | OrdinaryDividend |
Dec 23, 2021 | $0.095 | OrdinaryDividend |
BEDZ - Fund Manager Analysis
Managers
Dan Ahrens
Start Date
Tenure
Tenure Rank
Apr 20, 2021
1.11
1.1%
Dan Ahrens is a Managing Director and the Chief Operating Officer of AdvisorShares Investments, LLC. He joined the Advisor in 2008. Prior to joining the firm, Mr. Ahrens founded Ahrens Advisors, L.P., an SEC-registered investment advisor. Before forming Ahrens Advisors, he was President of the MUTUALS.com Funds. During that time he also was President and Chief Compliance Officer of Mutuals Advisors, Inc. and acted as President, Treasurer and Financial & Operations Officer of an affiliated Broker Dealer firm. He is the author of Investing in Vice (St. Martin’s Press, 2004) and has appeared on numerous financial programs, including CNBC, CNN, ABC News and Bloomberg, to discuss “Vice Stocks.” He has been featured, along with funds under his management, in major national and trade publications including The Economist, New York Times, Financial Times, and The Wall Street Journal. He earned a Bachelor in Business Administration in Finance from Texas Tech University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.31 | 24.18 | 12.19 | 14.22 |