CWS vs. IVES ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

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

IVES

Wedbush ETFMG Global Cloud Technology ETF

IVES Description

The Wedbush ETFMG Global Cloud Technology ETF (IVES) largely holds the “undercover gems” of cloud-based technology. The Fund’s investment objective seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Dan Ives Global Cloud Technology Prime Index. The Dan Ives Global Cloud Technology Prime Index (the “Index”) is an Index of Prime Indexes, a division of Level ETF Ventures LLC. The Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of cloud technology companies. The Index is designed to include the securities of companies across the globe engaged in providing infrastructure, equipment, connectivity, data back-up and storage services as well as data center management for enterprise-based software applications. Additionally, the constituents engaged in providing cloud-based software platforms that enable businesses to move data and software applications onto the cloud – cloud-enabling Software as a Service (SaaS) technologies. These companies are known collectively as “Cloud Technology Companies.”

Grade (RS Rating)

Last Trade

$49.21

Average Daily Volume

1,131

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	IVES
30 Days	3.92%	7.17%
60 Days	4.00%	5.41%
90 Days	6.54%	7.27%
12 Months	30.08%	43.26%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in IVES	Overlap

CWS Overweight 25 Positions Relative to IVES

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%
INTU	C	3.78%
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 36 Positions Relative to IVES

Symbol	Grade	Weight
SNOW	C	-3.15%
TEAM	B	-3.13%
CFLT	B	-3.13%
VRT	B	-2.83%
GTLB	C	-2.72%
MRVL	B	-2.67%
MDB	C	-2.5%
DDOG	A	-2.47%
NVDA	C	-2.47%
DELL	C	-2.43%
APPN	C	-2.4%
CDNS	B	-2.4%
ORCL	C	-2.37%
SNPS	B	-2.35%
INTC	C	-2.28%
AMZN	C	-2.24%
HPQ	B	-2.22%
HPE	B	-2.22%
NTAP	C	-2.16%
CIEN	B	-2.15%
ANET	C	-2.15%
MU	D	-2.12%
AAPL	B	-2.12%
GOOGL	C	-2.11%
HCP	B	-2.1%
MSFT	D	-2.09%
WDC	C	-2.09%
IBM	C	-2.07%
AVGO	D	-1.95%
QCOM	F	-1.94%
JNPR	F	-1.92%
DOCN	D	-1.91%
AMD	F	-1.69%
BABA	D	-1.56%
SMCI	D	-1.52%
MPWR	F	-1.29%