CWS vs. XTN ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to SPDR S&P Transportation ETF (XTN)

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

$70.24

Average Daily Volume

13,817

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XTN

SPDR S&P Transportation ETF

XTN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the transportation segment of a U.S. total market composite index. In seeking to track the performance of the S&P Transportation Select Industry Index (the "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 transportation industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.54

Average Daily Volume

27,798

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	XTN
30 Days	-0.20%	7.88%
60 Days	1.68%	13.89%
90 Days	4.14%	18.16%
12 Months	27.49%	24.23%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in XTN	Overlap

CWS Overweight 25 Positions Relative to XTN

Symbol	Grade	Weight
FICO	A	6.68%
FI	A	5.35%
MLR	C	5.32%
HEI	A	5.2%
APH	B	4.89%
AFL	C	4.57%
SYK	A	4.3%
MCO	B	4.15%
ICE	D	4.12%
COR	B	4.02%
SLGN	A	3.96%
ROL	B	3.86%
INTU	B	3.78%
BR	B	3.77%
OTIS	D	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	D	3.36%
HSY	F	3.28%
PII	F	2.38%
CE	F	1.6%

CWS Underweight 42 Positions Relative to XTN

Symbol	Grade	Weight
UAL	A	-4.14%
LYFT	C	-3.6%
DAL	A	-3.27%
SKYW	B	-3.23%
CAR	C	-3.18%
XPO	B	-3.1%
AAL	B	-3.04%
ALK	A	-2.89%
SAIA	C	-2.86%
MATX	B	-2.83%
JBLU	F	-2.73%
R	B	-2.73%
GXO	B	-2.68%
ODFL	B	-2.64%
LUV	B	-2.58%
CHRW	B	-2.54%
KEX	A	-2.49%
JBHT	C	-2.49%
JOBY	B	-2.48%
ARCB	C	-2.45%
SNDR	A	-2.45%
WERN	B	-2.45%
NSC	B	-2.45%
RXO	C	-2.44%
CSX	C	-2.42%
KNX	B	-2.41%
UPS	C	-2.38%
LSTR	D	-2.34%
FDX	B	-2.33%
EXPD	D	-2.28%
UBER	F	-2.25%
HUBG	A	-2.21%
UNP	D	-2.16%
ALGT	C	-2.12%
GNK	C	-1.2%
FWRD	D	-1.17%
SNCY	C	-1.14%
ATSG	A	-1.07%
HTZ	C	-0.97%
MRTN	D	-0.79%
UHAL	D	-0.66%
HTLD	C	-0.49%