CWS vs. PTEU ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to Pacer TrendpilotTM European Index ETF (PTEU)

CWS

AdvisorShares Focused Equity ETF

CWS Description

The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.

Grade (RS Rating)

Last Trade

$63.72

Average Daily Volume

11,129

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PTEU

Pacer TrendpilotTM European Index ETF

PTEU Description

The investment seeks to track the total return performance of the Pacer Trendpilot European Index. Normally the fund will invest at least 80% of its total assets in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the FTSE Eurobloc Index, (ii) 50% to the FTSE Eurobloc Index and 50% to 3-Month US Treasury bills, or (iii) 100% to 3-Month US Treasury bills. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.59

Average Daily Volume

4,364

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	PTEU
30 Days	4.18%	6.22%
60 Days	1.80%	3.93%
90 Days	4.01%	10.18%
12 Months	25.39%	3.82%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in PTEU	Overlap

CWS Overweight 23 Positions Relative to PTEU

Symbol	Grade	Weight
MLR	A	4.9%
APH	A	4.8%
HEI	C	4.43%
SYK	D	4.16%
HSY	C	4.12%
TMO	B	4.08%
FICO	A	4.05%
SAIC	B	4.04%
ROL	B	4.04%
CE	C	3.98%
OTIS	C	3.98%
AFL	A	3.97%
ICE	C	3.96%
SLGN	B	3.84%
INTU	C	3.84%
MCO	A	3.84%
AWK	C	3.84%
ABT	F	3.64%
BR	C	3.55%
AGM	D	3.52%
FDS	D	3.49%
MGRC	D	3.48%
PII	F	3.37%

CWS Underweight 15 Positions Relative to PTEU

Symbol	Grade	Weight
ASML	D	-6.15%
SAP	C	-3.48%
TTE	B	-2.55%
SNY	B	-1.85%
SAN	A	-1.36%
BBVA	D	-1.08%
BUD	A	-1.03%
ING	A	-1.01%
STLA	D	-0.8%
E	C	-0.58%
ARGX	D	-0.4%
NOK	B	-0.34%
QGEN	B	-0.16%
FMS	C	-0.15%
TS	D	-0.14%