CWS vs. FCTE ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to SMI 3Fourteen Full-Cycle Trend ETF (FCTE)

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 ^*

25

* may have additional holdings in another (foreign) market

FCTE

SMI 3Fourteen Full-Cycle Trend ETF

FCTE Description

The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.66

Average Daily Volume

107,803

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	CWS	FCTE
30 Days	1.64%	-0.97%
60 Days	2.92%	-1.85%
90 Days	4.61%	-2.11%
12 Months	28.16%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in FCTE	Overlap
	ROL	B	3.86%	5.21%	3.86%

CWS Overweight 24 Positions Relative to FCTE

	Symbol	Grade	Weight
	FICO	B	6.68%
	FI	A	5.35%
	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%
	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 19 Positions Relative to FCTE

	Symbol	Grade	Weight
	TT	A	-5.41%
	GD	D	-5.19%
	RSG	A	-5.15%
	BRO	B	-5.15%
	TSCO	D	-5.12%
	NTAP	C	-5.1%
	GOOGL	C	-5.08%
	AMAT	F	-5.01%
	MMM	D	-4.99%
	PHM	D	-4.97%
	META	D	-4.96%
	WMT	A	-4.96%
	RMD	C	-4.95%
	LRCX	F	-4.94%
	KLAC	F	-4.82%
	HCA	F	-4.81%
	KMB	C	-4.79%
	CL	D	-4.73%
	MTD	F	-4.66%

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 Medical Distribution Packaging & Containers Recreational Vehicles Rental & Leasing Services Software - Application Software - Infrastructure Specialty Industrial Machinery

Keywords: S&P 500 Cancer Electronics Payment Systems Transport Aerospace Beverage Products Card Processing Chemical Chemical Product Communication Solutions Credit Drink Lab Testing Land Transport Medicine Mobile Payments Moody's Analytics Nasdaq 100 Navigation Systems

FCTE: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Household & Personal Products Internet Content & Information Aerospace & Defense Business Services Data Storage Diagnostics & Research Discount Stores Diversified Industrials Insurance Brokers Medical Care Medical Instruments & Supplies Residential Construction Specialty Industrial Machinery Specialty Retail Waste Management

Keywords: S&P 500 Nasdaq 100 Computing Integrated Circuits Personal Hygiene Products Retailing Semiconductor Semiconductor Device Fabrication Alcohol Chemical Vapor Deposition Dentist Dow Jones Component Electronics Industries Food Service Health Care Products Home Care Hygiene Hyperscale Infection Infection Prevention