CWS vs. KCE ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to SPDR S&P Capital Markets ETF (KCE)

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

$61.46

Average Daily Volume

13,446

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KCE

SPDR S&P Capital Markets ETF

KCE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$108.54

Average Daily Volume

57,520

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	KCE
30 Days	-1.79%	-1.10%
60 Days	-1.27%	1.56%
90 Days	1.12%	7.61%
12 Months	22.89%	45.02%

3 Overlapping Holdings

Symbol	Grade	Weight in CWS	Weight in KCE	Overlap
FDS	D	3.48%	1.51%	1.51%
ICE	D	3.84%	1.58%	1.58%
MCO	C	3.73%	1.61%	1.61%

CWS Overweight 20 Positions Relative to KCE

Symbol	Grade	Weight
APH	A	4.69%
MLR	A	4.63%
HEI	A	4.54%
SYK	D	4.22%
TMO	C	4.15%
HSY	C	4.13%
AFL	B	4.03%
SAIC	D	4.01%
ROL	B	3.96%
OTIS	D	3.95%
CE	C	3.89%
AGM	A	3.88%
FICO	D	3.86%
SLGN	B	3.83%
INTU	C	3.81%
ABT	D	3.75%
AWK	B	3.72%
BR	C	3.72%
MGRC	D	3.51%
PII	F	3.42%

CWS Underweight 57 Positions Relative to KCE

Symbol	Grade	Weight
RILY	C	-2.75%
VCTR	A	-2.16%
VIRT	A	-1.89%
GS	A	-1.86%
SCHW	A	-1.86%
IBKR	A	-1.81%
OWL	C	-1.81%
STEP	A	-1.81%
SNEX	A	-1.8%
SF	A	-1.78%
HLNE	A	-1.77%
MS	A	-1.77%
PIPR	A	-1.74%
BK	A	-1.73%
LPLA	A	-1.73%
STT	C	-1.71%
HLI	A	-1.71%
NTRS	C	-1.71%
RJF	A	-1.71%
HOOD	C	-1.7%
JEF	B	-1.69%
ARES	C	-1.68%
AMP	B	-1.68%
AMG	C	-1.67%
DFIN	A	-1.67%
NDAQ	B	-1.67%
TW	B	-1.65%
CME	D	-1.64%
JHG	B	-1.63%
TPG	C	-1.62%
CG	D	-1.62%
SEIC	C	-1.61%
SPGI	C	-1.61%
KKR	D	-1.61%
BGC	B	-1.6%
CBOE	D	-1.6%
TROW	D	-1.59%
BX	D	-1.59%
PJT	C	-1.58%
EVR	B	-1.57%
MKTX	F	-1.57%
MC	D	-1.57%
APAM	D	-1.56%
FHI	F	-1.55%
CNS	D	-1.55%
MORN	C	-1.54%
BLK	D	-1.52%
IVZ	D	-1.52%
BSIG	C	-1.49%
VRTS	D	-1.48%
MSCI	F	-1.44%
COIN	D	-1.41%
BEN	F	-1.38%
PX	F	-0.89%
AMK	D	-0.58%
LPRO	F	-0.45%
DHIL	C	-0.33%