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Trending ETFs

Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$37.46

$75.6 M

1.54%

$0.58

1.26%

Vitals

YTD Return

10.5%

1 yr return

24.9%

3 Yr Avg Return

1.6%

5 Yr Avg Return

N/A

Net Assets

$75.6 M

Holdings in Top 10

100.1%

52 WEEK LOW AND HIGH

$37.2
$28.80
$37.48

Expenses

OPERATING FEES

Expense Ratio 1.26%

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 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$37.46

$75.6 M

1.54%

$0.58

1.26%

DWAW - Profile

Distributions

  • YTD Total Return 10.5%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.34%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    AdvisorShares Dorsey Wright FSM All Cap World ETF
  • Fund Family Name
    AdvisorShares
  • Inception Date
    Dec 26, 2019
  • Shares Outstanding
    2965000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Dan Ahrens

Fund Description

The Fund is an actively managed exchange-traded fund (“ETF”) that is primarily a “fund of funds.” The Advisor seeks to achieve the Fund’s investment objective by investing in ETFs that invest primarily in domestic and foreign equity securities of any capitalization, including in emerging markets. During periods in which the Advisor believes the market indicates broad equity weakness and cash strength, the Fund invests in fixed income ETFs with a short or ultra-short duration, money market funds, cash and cash equivalents (“Defensive Investments”). The Fund may invest in affiliated and unaffiliated ETFs.

The Advisor allocates the Fund’s portfolio investments using research obtained from the FSM Core Solution All Cap World Core Model (the “FSM All Cap World Model”), a model owned and developed by Dorsey, Wright and Associates, LLC (“DWA”). The FSM All Cap World Model applies a proprietary ranking system based on certain technical indicators to a pre-determined universe of domestic and foreign equity ETFs, selected by DWA. Each ETF within the universe that ranks in a top tier is identified for inclusion in the model. If an ETF no longer ranks in a top tier at the time of rebalancing, then that ETF is removed and the position is allocated to a Defensive Investment.

The Advisor uses the FSM All Cap World Model to measure the relative ranking of the Fund’s core portfolio. When the model identifies broad equity weakness and cash strength, the Advisor will sell equity positions in order to allocate some or all of the portfolio to Defensive Investments. When the Fund is invested in Defensive Investments, the Advisor will shorten the Fund’s rebalancing frequency to seek to move back into equity ETF positions once the model again identifies favorable equity market conditions. The Fund’s strategy may involve frequent buying and selling securities, which may lead to relatively high portfolio turnover.

The Fund also may invest in repurchase agreements.

Read More

DWAW - Performance

Return Ranking - Trailing

Period DWAW Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -10.2% 26.3% 76.71%
1 Yr 24.9% -12.6% 66.9% 87.20%
3 Yr 1.6%* -27.9% 24.8% 91.50%
5 Yr N/A* -14.3% 29.5% 64.57%
10 Yr N/A* -5.0% 19.6% 80.92%

* Annualized

Return Ranking - Calendar

Period DWAW Return Category Return Low Category Return High Rank in Category (%)
2023 9.3% -36.9% 72.4% 95.88%
2022 -18.2% -85.9% 4.7% 2.49%
2021 2.0% -52.4% 60.5% 69.28%
2020 48.6% -34.3% 145.0% 8.78%
2019 N/A -21.8% 49.4% N/A

Total Return Ranking - Trailing

Period DWAW Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -10.2% 26.3% 76.71%
1 Yr 24.9% -12.6% 66.9% 87.20%
3 Yr 1.6%* -27.9% 24.8% 91.50%
5 Yr N/A* -14.3% 29.5% N/A
10 Yr N/A* -5.0% 19.6% N/A

* Annualized

Total Return Ranking - Calendar

Period DWAW Return Category Return Low Category Return High Rank in Category (%)
2023 11.2% -4.6% 72.4% 98.77%
2022 -17.8% -61.7% 5.6% 5.61%
2021 3.5% -39.8% 118.1% 95.68%
2020 48.9% 2.8% 149.2% 16.71%
2019 N/A -5.2% 49.4% N/A

DWAW - Holdings

Concentration Analysis

DWAW Category Low Category High DWAW % Rank
Net Assets 75.6 M 242 K 269 B 90.13%
Number of Holdings 3 2 3211 99.12%
Net Assets in Top 10 71.8 M 109 K 111 B 83.61%
Weighting of Top 10 100.14% 0.7% 100.3% 0.18%

Top 10 Holdings

  1. First Trust Exchange-Traded Fund-First Trust Nasdaq-100 Equal Weighted Index SM 50.08%
  2. Invesco QQQ Trust Series 1 49.67%
  3. BLACKROCK TREASURY TRUST 0.40%

Asset Allocation

Weighting Return Low Return High DWAW % Rank
Stocks
99.75% 0.00% 130.05% 16.13%
Cash
0.40% 0.00% 99.00% 73.44%
Preferred Stocks
0.00% 0.00% 7.84% 69.85%
Other
0.00% -43.49% 50.04% 69.33%
Convertible Bonds
0.00% 0.00% 1.94% 63.37%
Bonds
0.00% 0.00% 104.29% 66.08%

Stock Sector Breakdown

Weighting Return Low Return High DWAW % Rank
Financial Services
20.82% 0.00% 43.06% 3.86%
Utilities
16.00% 0.00% 16.07% 0.18%
Consumer Defense
14.55% 0.00% 25.50% 1.58%
Healthcare
11.80% 0.00% 39.76% 57.41%
Industrials
8.78% 0.00% 30.65% 18.84%
Consumer Cyclical
6.24% 0.00% 62.57% 96.14%
Real Estate
5.78% 0.00% 16.05% 4.65%
Energy
5.32% 0.00% 41.09% 8.06%
Communication Services
4.22% 0.00% 66.40% 92.73%
Technology
3.32% 0.00% 65.70% 99.56%
Basic Materials
3.18% 0.00% 18.91% 14.81%

Stock Geographic Breakdown

Weighting Return Low Return High DWAW % Rank
US
99.75% 0.00% 130.05% 11.66%
Non US
0.00% 0.00% 78.10% 75.99%

DWAW - Expenses

Operational Fees

DWAW Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.01% 28.71% 28.65%
Management Fee 0.75% 0.00% 1.40% 82.83%
12b-1 Fee 0.00% 0.00% 1.00% 14.17%
Administrative Fee 0.03% 0.01% 1.02% 1.95%

Sales Fees

DWAW Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DWAW Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

DWAW Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 316.74% N/A

DWAW - Distributions

Dividend Yield Analysis

DWAW Category Low Category High DWAW % Rank
Dividend Yield 1.54% 0.00% 27.58% 20.89%

Dividend Distribution Analysis

DWAW Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually SemiAnnual Annual

Net Income Ratio Analysis

DWAW Category Low Category High DWAW % Rank
Net Income Ratio -0.34% -6.13% 1.75% 52.01%

Capital Gain Distribution Analysis

DWAW Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

DWAW - Fund Manager Analysis

Managers

Dan Ahrens


Start Date

Tenure

Tenure Rank

Jul 15, 2020

1.88

1.9%

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
0.04 54.45 8.27 2.92