CWS vs. BPAY ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to BlackRock Future Financial and Technology ETF (BPAY)

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

$70.26

Average Daily Volume

13,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BPAY

BlackRock Future Financial and Technology ETF

BPAY Description

The BlackRock Future Financial Technology ETF seeks to maximize total return by investing in the companies delivering innovative and emerging technologies used in the financial services industry.

Grade (RS Rating)

Last Trade

$26.85

Average Daily Volume

205

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	BPAY
30 Days	1.64%	5.10%
60 Days	2.92%	7.31%
90 Days	4.61%	8.71%
12 Months	28.16%	31.95%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in BPAY	Overlap
	FI	A	5.35%	4.5%	4.5%

CWS Overweight 24 Positions Relative to BPAY

Symbol	Grade	Weight
FICO	B	6.68%
MLR	C	5.32%
HEI	A	5.2%
APH	A	4.89%
AFL	B	4.57%
SYK	B	4.3%
MCO	B	4.15%
ICE	C	4.12%
COR	B	4.02%
SLGN	A	3.96%
ROL	B	3.86%
INTU	B	3.78%
BR	A	3.77%
OTIS	C	3.73%
AGM	B	3.63%
FDS	B	3.54%
ABT	B	3.54%
AWK	C	3.39%
SAIC	F	3.38%
MGRC	B	3.38%
TMO	F	3.36%
HSY	F	3.28%
PII	F	2.38%
CE	F	1.6%

CWS Underweight 21 Positions Relative to BPAY

Symbol	Grade	Weight
DFS	B	-6.11%
COF	C	-6.07%
SYF	B	-6.05%
SCHW	B	-5.15%
GPN	B	-5.0%
PYPL	B	-4.92%
WEX	D	-3.25%
SQ	A	-2.98%
FOUR	A	-2.87%
AXP	A	-2.62%
RPAY	D	-2.53%
FIS	C	-2.49%
PAYO	A	-2.49%
AX	B	-2.32%
NU	C	-2.24%
LOB	C	-1.6%
CCB	A	-1.45%
MA	B	-1.15%
HCI	C	-1.15%
V	A	-1.14%
BLND	A	-1.02%