CWS vs. SPRX ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to Spear Alpha ETF (SPRX)

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

$70.77

Average Daily Volume

13,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPRX

Spear Alpha ETF

SPRX Description

SPRX invests in companies that are poised to benefit from breakthrough trends in industrial technology. The fund’s objective is to find underappreciated opportunities across different industrial supply chains that are beneficiaries of the secular themes discussed below: Environmental Focus and Decarbonization Manufacturing Digitalization Automation & Robotics Photonics and Additive Manufacturing Space Exploration Artificial Intelligence (AI) SPRX is an actively managed ETF that seeks long-term capital growth by investing in US listed securities (including American depositary receipts "ADRs") of industrial and technology companies relevant to the Fund’s investment themes and the ecosystem around them. SPRX invests in both “growth”, defined as companies with high and underappreciated growth prospects, and “value”, defined as opportunities that are undervalued based on an assessment of the underlying fundamentals.

Grade (RS Rating)

Last Trade

$26.43

Average Daily Volume

21,769

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	SPRX
30 Days	2.85%	11.28%
60 Days	3.29%	16.53%
90 Days	5.36%	15.66%
12 Months	29.09%	42.23%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in SPRX	Overlap
	APH	A	4.89%	1.38%	1.38%

CWS Overweight 24 Positions Relative to SPRX

Symbol	Grade	Weight
FICO	B	6.68%
FI	A	5.35%
MLR	B	5.32%
HEI	B	5.2%
AFL	B	4.57%
SYK	C	4.3%
MCO	B	4.15%
ICE	C	4.12%
COR	B	4.02%
SLGN	A	3.96%
ROL	B	3.86%
INTU	C	3.78%
BR	A	3.77%
OTIS	C	3.73%
AGM	C	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	D	2.38%
CE	F	1.6%

CWS Underweight 27 Positions Relative to SPRX

Symbol	Grade	Weight
NVDA	C	-13.96%
S	B	-9.02%
MRVL	B	-7.22%
TSLA	B	-7.18%
ZS	C	-6.18%
TER	D	-4.99%
DDOG	A	-4.94%
NET	B	-4.79%
CEG	D	-4.65%
CRDO	B	-3.42%
ANET	C	-3.39%
AMD	F	-3.34%
ON	D	-2.97%
WOLF	F	-2.83%
SHOP	B	-2.72%
CFLT	B	-2.42%
GTLB	B	-2.12%
COHR	B	-1.96%
AMKR	D	-1.75%
GEV	B	-1.13%
CRWD	B	-1.08%
SNOW	C	-0.97%
NRG	B	-0.76%
MU	D	-0.43%
PANW	C	-0.2%
RIO	D	-0.0%
ROK	B	-0.0%