DWEQ

Fund Description
The AdvisorShares Dorsey Wright Alpha Equal Weight ETF (Ticker: DWEQ) is an actively managed ETF using a technical and systematically-driven sector rotation strategy to invest on an equal weight basis in domestic large cap equity securities across any market cap within the tax-efficient structure of an ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing in a concentrated portfolio of 50 US equity securities selected from a universe of the largest 1,000 US equity securities based on market capitalization. The Advisor allocates the Fund s portfolio using research from a disciplined and quantitative proprietary model (the U.S. Equal Weight Model ) developed by Dorsey, Wright and Associates, LLC ( DWA ). The U.S. Equal Weight Model utilizes a two-factor approach to invest in the top-ranked 50 large-cap equity securities on an equal-weighted basis.
Fund Profile
Fund Name AdvisorShares Dorsey Wright Alpha Equal Weight ETF
Fund Exchange Ticker DWEQ
Fund Sponsor Advisor Shares
Fund ISIN US00768Y4614
Net Expense Ratio 0.99 %
Fund Inception Date 26 December 2019
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Industry Sector
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 22 October 2020
Asset Under Management 57.27 Million (USD)
1 Month Total Return 8.61 %
Year To Date Return -0.59 %
1 Year Total Return
3 Year Annualized Total Return
NAV 24.9
Share Outstanding 2,300,000
Top 10 Holdings (20 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
ZILLOW GROUP INC - C Z EQUI 0.0303000000
ROKU INC ROKU EQUI 0.0300000000
TRADE DESK INC/THE -CLASS A TTD EQUI 0.0297000000
CARVANA CO CVNA EQUI 0.0284000000
NVIDIA CORP NVDA EQUI 0.0283000000
PINTEREST INC- CLASS A PINS EQUI 0.0281000000
NIKE INC -CL B NKE EQUI 0.0276000000
RH RH EQUI 0.0275000000
BEST BUY CO INC BBY EQUI 0.0270000000
EPAM SYSTEMS INC EPAM EQUI 0.0269000000