DWUS AdvisorShares Dorsey Wright FSM US Core ETF

This is an actively managed fund that seeks total return. The Advisor allocates the Fund’s portfolio investments using research obtained from the FSM Core Solution US Core Model (the “FSM US Core Model”), a proprietary model developed by Dorsey, Wright and Associates, LLC (“DWA”). The FSM US Core Model applies a proprietary ranking system based on certain technical indicators to a pre-determined universe of US large-cap ETFs, selected by DWA. Each ETF within the universe that ranks in a top tier is included in the model. If an ETF in the portfolio 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 US Core 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.

$32.16  0.00 (0.00%)
As of 03/23/2023 00:00:00 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     AdvisorShares
Category1:  US Equity
Category2:  Broad market
Category3:  Large cap
Morningstar category:  
Leverage factor:  1.00
Note: Uses downside hedging
Inception date:  12/27/2019
Current yield:  0.88%
Historical average yield:  0.43%
Market cap:  $76,376,437
Average volume:  1,631
Fees:     1.1400%
Investment style: Actively managed
Factors used to select securities:
Momentum Sector rotation