DWSH vs. TPYP ETF Comparison

Comparison of AdvisorShares Dorsey Wright Short ETF (DWSH) to Tortoise North American Pipeline Fund ETF (TPYP)

DWSH

AdvisorShares Dorsey Wright Short ETF

DWSH Description

The investment seeks capital appreciation through short selling securities. Dorsey, Wright & Associates, LLC (the "Sub-Advisor"), the sub-advisor to the fund, seeks to achieve the fund's investment objective by obtaining short exposure to investment returns of the broad U.S. large-capitalization equity market by engaging in short sales of U.S.-traded equity securities and exchange-traded funds ("ETFs"). Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investments that create or result in short exposure to U.S. equity securities.

Grade (RS Rating)

Last Trade

$7.41

Average Daily Volume

39,558

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TPYP

Tortoise North American Pipeline Fund ETF

TPYP Description

The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.94

Average Daily Volume

73,401

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DWSH	TPYP
30 Days	3.17%	2.20%
60 Days	2.04%	6.76%
90 Days	3.74%	8.72%
12 Months	-13.14%	21.23%

0 Overlapping Holdings

	Symbol	Grade	Weight in DWSH	Weight in TPYP	Overlap

DWSH Overweight 96 Positions Relative to TPYP

Symbol	Grade	Weight
SAGE	F	-0.56%
ZD	F	-0.65%
NWL	F	-0.67%
TECH	F	-0.68%
IART	F	-0.7%
WBA	F	-0.72%
AES	A	-0.73%
WBD	F	-0.74%
MOS	F	-0.74%
ADNT	D	-0.76%
G	F	-0.76%
VFC	D	-0.76%
ILMN	D	-0.78%
INCY	F	-0.78%
ATUS	F	-0.81%
BIIB	D	-0.82%
HAIN	F	-0.83%
WTRG	B	-0.83%
PARA	B	-0.83%
PYPL	A	-0.84%
JAZZ	F	-0.84%
NYCB	F	-0.84%
LEG	F	-0.84%
PODD	F	-0.84%
ES	A	-0.84%
CHTR	F	-0.85%
SJM	D	-0.85%
ALB	F	-0.85%
HUM	F	-0.85%
WHR	F	-0.85%
DG	D	-0.86%
CGNX	D	-0.87%
DAN	D	-0.87%
UHAL	C	-0.87%
TSLA	D	-0.87%
PAYC	F	-0.88%
UPS	D	-0.89%
ST	D	-0.89%
SBAC	D	-0.89%
PFE	F	-0.89%
IPGP	C	-0.9%
SEE	F	-0.9%
MAA	D	-0.9%
PII	F	-0.9%
BIO	F	-0.9%
FMC	D	-0.9%
HSY	D	-0.91%
OI	F	-0.91%
DXC	D	-0.92%
NEM	A	-0.92%
APD	D	-0.92%
VC	F	-0.92%
VSAT	F	-0.92%
CBRL	D	-0.92%
CHRW	D	-0.92%
CCK	B	-0.94%
CPB	A	-0.94%
BMY	F	-0.95%
CAG	A	-0.95%
WPC	C	-0.95%
MKTX	F	-0.95%
NUS	F	-0.95%
MD	F	-0.95%
VLY	D	-0.96%
ALNY	F	-0.96%
BWA	B	-0.96%
CLB	B	-0.96%
UGI	A	-0.96%
AWK	C	-0.97%
ICUI	F	-0.97%
AEE	A	-0.98%
MKC	A	-0.98%
CABO	F	-0.99%
IDA	A	-0.99%
HLF	D	-1.0%
WEN	A	-1.01%
D	A	-1.04%
NEE	A	-1.04%
K	A	-1.04%
HRL	A	-1.05%
APA	B	-1.05%
GIS	A	-1.05%
EXAS	F	-1.06%
AAP	D	-1.07%
RES	D	-1.08%
HAS	A	-1.08%
EL	C	-1.08%
PTEN	F	-1.08%
ALK	A	-1.1%
AA	A	-1.11%
ADM	B	-1.11%
BG	B	-1.13%
VAC	A	-1.13%
RIG	B	-1.13%
DVN	A	-1.18%
MPW	B	-1.41%

DWSH Underweight 37 Positions Relative to TPYP

Symbol	Grade	Weight
WMB	A	-7.67%
OKE	A	-7.48%
LNG	B	-7.35%
KMI	A	-6.93%
TRGP	A	-4.26%
ET	A	-4.07%
EPD	A	-4.04%
NI	A	-4.02%
ATO	A	-3.95%
MPLX	A	-3.1%
ETRN	A	-1.88%
PAA	A	-1.77%
NFG	A	-1.7%
AM	A	-1.67%
SWX	A	-1.56%
NJR	A	-1.47%
WES	A	-1.45%
DTM	A	-1.34%
OGS	B	-1.23%
SR	A	-1.16%
ENLC	A	-1.14%
AROC	A	-0.92%
CPK	A	-0.81%
PAGP	A	-0.8%
NFE	F	-0.66%
SUN	C	-0.66%
HESM	C	-0.61%
NS	C	-0.54%
KNTK	A	-0.48%
NWN	A	-0.48%
CQP	D	-0.41%
USAC	C	-0.33%
GEL	A	-0.29%
GLP	B	-0.28%
CAPL	A	-0.09%
DKL	D	-0.07%
EE	A	-0.06%