DWAW
AdvisorShares Dorsey Wright FSM All Cap World ETF·NASDAQ
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Key Stats
Assets Under Management
88.56MUSD
Fund Flows (1Y)
-4.04MUSD
Dividend Yield
0.73%
Discount/Premium to NAV
0.01%
Shares Outstanding
1.90M
Expense Ratio
1.23%
About AdvisorShares Dorsey Wright FSM All Cap World ETF
Issuer
AdvisorShares
Brand
AdvisorShares
Home Page
Inception Date
Dec 26, 2019
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
AdvisorShares Investments LLC
Distributor
Foreside Fund Services LLC
DWAW is an actively managed fund of funds. The fund follows a rules-based proprietary research and fund scoring method that utilizes momentum factors — trend analysis, market relative strength, and peer relative strength to allocate its portfolio across global markets and all market caps. Thus, providing an investment strategy for "go-anywhere” equity exposure. A pre-determined ETF universe, selected by Dorsey Wright, is scored with those ranking in a top tier being identified for inclusion in the model. Funds must maintain a top tier score to remain in the portfolio at each quarterly rebalance. DWAW will also invest in defensive investments composed of fixed income ETF or cash in times of broad equity weakness and cash strength. When the fund is invested in defensive investments, its rebalancing frequency will be shortened, to ease back into equity ETF positions as favorable market conditions are identified.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Sector
Technology
29.33%
Financial Services
19.54%
Industrials
13.23%
Communication Services
9.86%
Consumer Cyclical
8.64%
Healthcare
5.07%
Consumer Defensive
4.86%
Basic Materials
3.88%
Utilities
2.53%
Technology
29.33%
Financial Services
19.54%
Industrials
13.23%
Communication Services
9.86%
Consumer Cyclical
8.64%
Healthcare
5.07%
Consumer Defensive
4.86%
Basic Materials
3.88%
Utilities
2.53%
Show more
Asset
Holdings
Symbol
Ratio
IMTM
iShares MSCI Intl Momentum Factor ETF
20.12%
IVLU
iShares MSCI Intl Value Factor ETF
20.05%
EEMA
iShares MSCI Emerging Markets Asia ETF
19.99%
QQQM
Invesco NASDAQ 100 ETF
19.87%
MTUM
iShares MSCI USA Momentum Factor ETF
19.85%
BLACKROCK TREASURY TRUST INSTL 62
0.23%
Symbol
Ratio
CASH
-0.11%
Top 10 Weight 100%
7 Total Holdings
See all holdings
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