CWS vs. DVAL ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to Dynamic US Large Cap Value ETF (DVAL)

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

$62.01

Average Daily Volume

13,292

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVAL

Dynamic US Large Cap Value ETF

DVAL Description

Dynamic US Large Cap Value ETF is an exchange traded fund launched by Franklin Resources, Inc. It is managed by Franklin Advisers, Inc. and Brandywine Global Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Dynamic US Large Cap Value ETF was formed on December 27, 2006 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$13.13

Average Daily Volume

10,472

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	DVAL
30 Days	-1.06%	-3.45%
60 Days	-0.88%	0.43%
90 Days	2.80%	5.81%
12 Months	22.74%	17.28%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in DVAL	Overlap
	AFL	A	4.03%	3.55%	3.55%

CWS Overweight 22 Positions Relative to DVAL

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%
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 DVAL

Symbol	Grade	Weight
GE	A	-5.05%
CSX	D	-4.42%
LMT	B	-4.18%
CMCSA	F	-3.68%
MPC	D	-3.54%
COP	C	-3.47%
DE	B	-2.5%
NSC	D	-2.47%
CSCO	F	-2.34%