CWS vs. KWT ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to VanEck Vectors Solar Energy ETF (KWT)

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

$60.67

Average Daily Volume

13,554

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

KWT

VanEck Vectors Solar Energy ETF

KWT Description

The investment seeks to track the investment results of a broad-based equity index with exposure to Kuwait, as defined by the index provider. The fund seeks to track the investment results of the MSCI All Kuwait Select Size Liquidity Capped Index (the ?underlying index?), which is designed to measure the performance of the Kuwait equity universe. The underlying index is a free float-adjusted market capitalization weighted index with a capping methodology applied to avoid concentration. BFA uses a representative sampling indexing strategy to manage the fund. It may or may not hold all of the securities in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.80

Average Daily Volume

15,527

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	CWS	KWT
30 Days	-2.97%	-2.38%
60 Days	-1.93%	-2.44%
90 Days	-0.18%	-0.43%
12 Months	19.61%	3.48%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in KWT	Overlap

CWS Overweight 23 Positions Relative to KWT

	Symbol	Grade	Weight
	MLR	B	4.55%
	APH	A	4.42%
	HEI	A	4.41%
	SYK	D	4.31%
	OTIS	D	4.18%
	TMO	B	4.16%
	AFL	A	4.0%
	ICE	C	4.0%
	SLGN	B	3.97%
	SAIC	C	3.94%
	HSY	C	3.93%
	FICO	D	3.92%
	INTU	C	3.9%
	CE	D	3.87%
	AGM	A	3.82%
	ABT	D	3.8%
	MCO	C	3.78%
	ROL	B	3.77%
	BR	C	3.72%
	AWK	B	3.53%
	PII	F	3.52%
	MGRC	D	3.47%
	FDS	D	3.44%

CWS Underweight 1 Positions Relative to KWT

	Symbol	Grade	Weight
	AMBC	C	-2.5%

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 Packaging & Containers Recreational Vehicles Rental & Leasing Services Software - Application Software - Infrastructure Specialty Industrial Machinery Utilities - Regulated Water

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

KWT: Top Represented Industries & Keywords

Industries: Insurance - Specialty

Keywords: Bond Insurance Conduit Finance Obligations Financial Guarantee Insurance Interest Rate Swap Investment Product Mortgage Backed Security Structured Finance Swaps