KMID vs. CWS ETF Comparison

Comparison of Virtus KAR Mid-Cap ETF (KMID) to AdvisorShares Focused Equity ETF (CWS)

KMID

Virtus KAR Mid-Cap ETF

KMID Description

The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund"s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.60

Average Daily Volume

12,790

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$70.28

Average Daily Volume

13,817

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KMID	CWS
30 Days	1.41%	-0.20%
60 Days		1.68%
90 Days		4.14%
12 Months		27.49%

5 Overlapping Holdings

Symbol	Grade	Weight in KMID	Weight in CWS	Overlap
BR	B	2.92%	3.77%	2.92%
FDS	B	2.64%	3.54%	2.64%
FICO	A	3.28%	6.68%	3.28%
HEI	A	4.06%	5.2%	4.06%
ROL	B	3.42%	3.86%	3.42%

KMID Overweight 20 Positions Relative to CWS

Symbol	Grade	Weight
AME	A	6.31%
TDY	B	4.11%
EFX	F	3.98%
LII	A	3.97%
WST	C	3.92%
POOL	D	3.92%
ROST	D	3.88%
ODFL	B	3.82%
DPZ	C	3.82%
PNR	B	3.68%
VRSK	A	3.63%
WAB	B	3.57%
BRO	B	3.55%
NDSN	C	3.5%
BSY	D	3.25%
LPLA	A	3.1%
MSCI	C	2.94%
ALGN	D	2.92%
WRB	A	2.47%
MPWR	F	2.35%

KMID Underweight 20 Positions Relative to CWS

Symbol	Grade	Weight
FI	A	-5.35%
MLR	C	-5.32%
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%
INTU	B	-3.78%
OTIS	D	-3.73%
AGM	B	-3.63%
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%