CWS vs. FCLD ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to Fidelity Cloud Computing ETF (FCLD)

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

$71.19

Average Daily Volume

13,909

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCLD

Fidelity Cloud Computing ETF

FCLD Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet

Grade (RS Rating)

Last Trade

$29.56

Average Daily Volume

14,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	FCLD
30 Days	3.92%	17.07%
60 Days	4.00%	21.79%
90 Days	6.54%	25.56%
12 Months	30.08%	43.71%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in FCLD	Overlap
	INTU	C	3.78%	3.9%	3.78%

CWS Overweight 24 Positions Relative to FCLD

Symbol	Grade	Weight
FICO	B	6.68%
FI	A	5.35%
MLR	B	5.32%
HEI	B	5.2%
APH	B	4.89%
AFL	B	4.57%
SYK	C	4.3%
MCO	A	4.15%
ICE	D	4.12%
COR	C	4.02%
SLGN	A	3.96%
ROL	B	3.86%
BR	A	3.77%
OTIS	C	3.73%
AGM	B	3.63%
FDS	B	3.54%
ABT	B	3.54%
AWK	D	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 47 Positions Relative to FCLD

Symbol	Grade	Weight
MSTR	C	-7.04%
ORCL	C	-4.91%
CRM	B	-4.86%
NOW	B	-4.54%
MSFT	D	-3.74%
EQIX	A	-3.19%
DLR	A	-3.02%
TEAM	B	-2.99%
HUBS	B	-2.71%
DDOG	A	-2.66%
SNOW	C	-2.58%
WDAY	C	-2.57%
TWLO	B	-2.35%
HPE	B	-2.28%
ZM	B	-2.04%
NTAP	C	-2.04%
DAY	A	-1.91%
WDC	C	-1.86%
XRX	F	-1.86%
FFIV	A	-1.83%
NTNX	B	-1.83%
MDB	C	-1.8%
STX	D	-1.75%
PSTG	D	-1.72%
CFLT	B	-1.61%
DT	C	-1.58%
ESTC	C	-1.48%
CVLT	B	-1.43%
DBX	C	-1.36%
GTLB	C	-1.35%
AI	B	-1.3%
PEGA	A	-1.21%
PATH	C	-1.17%
VERX	A	-1.17%
BOX	A	-1.14%
SMCI	D	-1.14%
FIVN	C	-1.11%
RNG	B	-1.08%
TDC	D	-1.0%
FROG	C	-0.96%
DOCN	D	-0.86%
PD	C	-0.82%
VNET	C	-0.71%
INFA	D	-0.71%
VRNT	C	-0.69%
FSLY	D	-0.66%
SWI	B	-0.6%