Key stats
About AdvisorShares Dorsey Wright FSM All Cap World ETF
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Inception date
Dec 26, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AdvisorShares Investments LLC
Distributor
Foreside Fund Services LLC
DWAW is an actively managed fund of funds. The fund follows a rules-based proprietary research and fund scoring method that utilizes momentum factors – trend analysis, market relative strength, and peer relative strength to allocate its portfolio across global markets and all market caps. Thus, providing an investment strategy for “go-anywhere” equity exposure. A pre-determined ETF universe, selected by Dorsey Wright, is scored with those ranking in a top tier being identified for inclusion in the model. Funds must maintain a top tier score to remain in the portfolio at each quarterly rebalance. DWAW will also invest in defensive investments composed of fixed income ETF or cash in times of broad equity weakness and cash strength. When the fund is invested in defensive investments, its rebalancing frequency will be shortened, to ease back into equity ETF positions as favorable market conditions are identified.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.42%
Mutual fund0.58%
Cash−0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DWAW invests in funds. The fund's major sectors are ETF, with 99.42% stocks, and Mutual fund, with 0.58% of the basket. The assets are mostly located in the North America region.
DWAW top holdings are iShares MSCI USA Momentum Factor ETF and Invesco S&P International Developed Low Volatility ETF, occupying 51.02% and 48.40% of the portfolio correspondingly.
DWAW last dividends amounted to 0.58 USD. The year before, the issuer paid 0.16 USD in dividends, which shows a 71.37% increase.
DWAW assets under management is 80.69 M USD. It's risen 6.18% over the last month.
DWAW fund flows account for −2.08 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
DWAW shares are issued by Wilson Lane Group LLC under the brand AdvisorShares. The ETF was launched on Dec 26, 2019, and its management style is Active.
DWAW expense ratio is 1.28% meaning you'd have to pay 1.28% of your investment to help manage the fund.
DWAW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DWAW invests in funds.
DWAW price has risen by 6.91% over the last month, and its yearly performance shows a 9.44% increase. See more dynamics on DWAW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.55% over the last month, showed a 0.66% increase in three-month performance and has increased by 7.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.55% over the last month, showed a 0.66% increase in three-month performance and has increased by 7.18% in a year.
DWAW trades at a premium (0.33%) meaning the ETF is trading at a higher price than the calculated NAV.