CWS vs. CCEF ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to Calamos CEF Income & Arbitrage ETF (CCEF)

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

$62.45

Average Daily Volume

13,292

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

CCEF

Calamos CEF Income & Arbitrage ETF

CCEF Description

The fund is an actively managed exchange-traded fund (ETF) that seeks high current income and long-term capital appreciation by investing in unaffiliated closed-end funds that the fund's investment adviser, Calamos Advisors LLC, believes offer both attractive income opportunities as well as arbitrage opportunities resulting from such closed-end funds trading at attractive discounts. Under normal circumstances, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets in U.S. and non-U.S. closed-end funds. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.08

Average Daily Volume

5,473

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	CWS	CCEF
30 Days	-1.06%	-0.02%
60 Days	-0.88%	0.56%
90 Days	2.80%	4.77%
12 Months	22.74%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in CCEF	Overlap

CWS Overweight 23 Positions Relative to CCEF

	Symbol	Grade	Weight
	APH	A	4.69%
	MLR	A	4.63%
	HEI	A	4.54%
	SYK	D	4.22%
	TMO	D	4.15%
	HSY	C	4.13%
	AFL	A	4.03%
	SAIC	C	4.01%
	ROL	A	3.96%
	OTIS	D	3.95%
	CE	C	3.89%
	AGM	C	3.88%
	FICO	C	3.86%
	ICE	D	3.84%
	SLGN	B	3.83%
	INTU	D	3.81%
	ABT	F	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 9 Positions Relative to CCEF

	Symbol	Grade	Weight
	THQ	A	-4.15%
	PDT	A	-4.1%
	EMO	A	-3.95%
	NFJ	D	-3.84%
	RIV	A	-3.59%
	NMZ	A	-3.55%
	NMCO	C	-3.54%
	ASGI	A	-3.37%
	EVV	A	-3.33%

CWS: Top Represented Industries & Keywords

Industries: Business Services Capital Markets Medical Devices Aerospace & Defense Auto Parts Chemicals Confectioners Credit Services Diagnostics & Research Electronic Components Financial Data & Stock Exchanges Information Technology Services Insurance - Life Packaging & Containers Recreational Vehicles Rental & Leasing Services Software - Application Software - Infrastructure Specialty Industrial Machinery Utilities - Regulated Water

Keywords: S&P 500 Cancer Electronics Transport Aerospace Beverage Products Card Processing Chemical Chemical Product Communication Solutions Credit Drink Lab Testing Land Transport Medicine Moody's Analytics Navigation Systems Payment Systems Personal Finance Sanitation

CCEF: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Mutual Fund Stock Fund Bond Nuveen Opportunity Fund Sovereign Wealth Funds Tiaa Allianz Global Investors Banking Bond Market Business Development Cash Flows Closed End Fund Credit Rating Crude Oil Debt Securities Dividend Dividend Yield