CWS vs. CBLS ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to Changebridge Capital Long/Short Equity ETF (CBLS)

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

$68.18

Average Daily Volume

10,345

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description

The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.21

Average Daily Volume

2,080

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	CBLS
30 Days	-0.53%	-0.79%
60 Days	0.90%	-0.06%
90 Days	4.58%	2.25%
12 Months	34.60%	33.75%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in CBLS	Overlap
	ROL	D	3.9%	2.24%	2.24%

CWS Overweight 24 Positions Relative to CBLS

Symbol	Grade	Weight
FICO	B	5.86%
FI	A	5.23%
MLR	A	5.04%
HEI	D	4.88%
AFL	D	4.76%
APH	B	4.7%
ICE	C	4.43%
SYK	A	4.15%
MCO	D	4.11%
COR	A	3.95%
SAIC	A	3.94%
OTIS	B	3.92%
SLGN	A	3.81%
AWK	D	3.72%
TMO	D	3.71%
ABT	A	3.67%
BR	C	3.65%
HSY	F	3.39%
FDS	B	3.37%
INTU	D	3.31%
AGM	D	3.29%
MGRC	A	3.04%
CE	F	2.84%
PII	F	2.52%

CWS Underweight 60 Positions Relative to CBLS

Symbol	Grade	Weight
DELL	A	-3.08%
LNG	A	-2.99%
SKY	C	-2.93%
WMT	A	-2.8%
OSW	A	-2.75%
BWXT	B	-2.7%
ETR	A	-2.67%
COST	D	-2.64%
AMZN	A	-2.62%
SCI	A	-2.61%
IBN	A	-2.59%
ICFI	B	-2.58%
WTTR	D	-2.53%
GTLS	B	-2.52%
ORCL	B	-2.5%
D	B	-2.48%
ERJ	C	-2.45%
SO	C	-2.45%
NEE	D	-2.42%
AMD	F	-2.42%
AER	C	-2.35%
NEM	D	-2.28%
ECL	C	-2.23%
BA	F	-2.2%
HUMA	D	-2.17%
TMDX	F	-2.07%
RTX	C	-2.06%
RDDT	A	-1.99%
GD	C	-1.99%
NVDA	B	-1.97%
STRL	B	-1.76%
PDD	C	-1.67%
ASML	F	-1.62%
TDG	C	-1.45%
HELE	C	--0.71%
R	A	--0.72%
NVAX	F	--0.79%
TTC	F	--0.8%
GIII	C	--0.85%
SIG	C	--0.87%
AME	A	--0.9%
ROK	B	--0.96%
KMT	B	--0.97%
F	D	--0.98%
ENR	B	--1.0%
DOOO	F	--1.02%
HOG	F	--1.04%
IBM	C	--1.04%
BC	C	--1.04%
MIDD	F	--1.04%
RBLX	A	--1.06%
CTVA	A	--1.06%
TASK	B	--1.13%
VRNT	F	--1.22%
AMAT	F	--1.27%
DE	B	--1.31%
CHH	A	--1.36%
NOW	A	--1.45%
TSLA	A	--1.48%
NVO	F	--1.66%