CWS vs. ARKX ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to ARK Space Exploration & Innovation ETF (ARKX)

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

$61.46

Average Daily Volume

13,446

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKX

ARK Space Exploration & Innovation ETF

ARKX Description

The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.

Grade (RS Rating)

Last Trade

$14.96

Average Daily Volume

65,720

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	ARKX
30 Days	-1.79%	2.05%
60 Days	-1.27%	2.96%
90 Days	1.12%	4.98%
12 Months	22.89%	12.99%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in ARKX	Overlap
	HEI	A	4.54%	1.49%	1.49%

CWS Overweight 22 Positions Relative to ARKX

Symbol	Grade	Weight
APH	A	4.69%
MLR	A	4.63%
SYK	D	4.22%
TMO	C	4.15%
HSY	C	4.13%
AFL	B	4.03%
SAIC	D	4.01%
ROL	B	3.96%
OTIS	D	3.95%
CE	C	3.89%
AGM	A	3.88%
FICO	D	3.86%
ICE	D	3.84%
SLGN	B	3.83%
INTU	C	3.81%
ABT	D	3.75%
MCO	C	3.73%
AWK	B	3.72%
BR	C	3.72%
MGRC	D	3.51%
FDS	D	3.48%
PII	F	3.42%

CWS Underweight 26 Positions Relative to ARKX

Symbol	Grade	Weight
AVAV	B	-9.24%
KTOS	B	-8.73%
IRDM	C	-8.2%
TRMB	D	-7.4%
TER	A	-5.47%
LHX	A	-5.17%
ACHR	F	-3.79%
AMZN	A	-3.46%
PRNT	F	-3.01%
PATH	D	-2.95%
DE	B	-2.93%
BLDE	B	-2.82%
GRMN	A	-2.63%
JOBY	D	-2.27%
RKLB	F	-2.16%
GOOG	A	-2.08%
HON	C	-1.49%
SNPS	D	-1.44%
U	F	-1.39%
MYNA	D	-1.24%
ANSS	D	-1.2%
LMT	B	-1.16%
PLTR	D	-1.08%
TDY	D	-1.07%
OSPN	B	-0.81%
DDD	F	-0.39%