BEEZ vs. CWS ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to AdvisorShares Focused Equity ETF (CWS)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$31.92

Average Daily Volume

606

Number of Holdings ^*

25

* 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

$68.18

Average Daily Volume

10,345

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	CWS
30 Days	-1.58%	-0.53%
60 Days	1.08%	0.90%
90 Days	6.03%	4.58%
12 Months		34.60%

2 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in CWS	Overlap
	INTU	D	3.67%	3.31%	3.31%
	TMO	D	3.37%	3.71%	3.37%

BEEZ Overweight 23 Positions Relative to CWS

	Symbol	Grade	Weight
	OLED	F	4.69%
	NOW	A	4.43%
	FAST	A	4.3%
	ATR	A	4.28%
	ACN	C	4.22%
	EQIX	B	4.2%
	HD	B	4.19%
	APD	B	4.11%
	MA	B	4.11%
	CMI	B	4.09%
	MAS	D	4.09%
	EW	D	4.04%
	TXN	A	4.03%
	V	A	3.99%
	COST	D	3.96%
	ITW	A	3.93%
	WTS	D	3.9%
	SHW	D	3.85%
	TSCO	D	3.8%
	LRCX	F	3.61%
	ZTS	D	3.55%
	A	D	3.54%
	AMT	D	3.4%

BEEZ Underweight 23 Positions Relative to CWS

	Symbol	Grade	Weight
	FICO	B	-5.86%
	FI	A	-5.23%
	MLR	A	-5.04%
	HEI	D	-4.88%
	AFL	D	-4.76%
	APH	B	-4.7%
	ICE	C	-4.43%
	SYK	A	-4.15%
	MCO	D	-4.11%
	COR	A	-3.95%
	SAIC	A	-3.94%
	OTIS	B	-3.92%
	ROL	D	-3.9%
	SLGN	A	-3.81%
	AWK	D	-3.72%
	ABT	A	-3.67%
	BR	C	-3.65%
	HSY	F	-3.39%
	FDS	B	-3.37%
	AGM	D	-3.29%
	MGRC	A	-3.04%
	CE	F	-2.84%
	PII	F	-2.52%

BEEZ: Top Represented Industries & Keywords

Industries: Diversified Industrials Credit Services Diagnostics & Research Semiconductor Equipment & Materials Software - Application Building Materials Chemicals Discount Stores Drug Manufacturers - Specialty & Generic Home Improvement Stores Industrial Distribution Information Technology Services Medical Devices Packaging & Containers REIT - Diversified Semiconductors Specialty Chemicals Specialty Retail Telecom Services

Keywords: S&P 500 Nasdaq 100 Electronics Computing Hardware Store Mining Payment Systems Plumbing Semiconductor Adhesives Allergy Applied Sciences Asthma Building Materials Cement Services Chemical Connectivity Services Construction Countertop Credit Card

CWS: Top Represented Industries & Keywords

Industries: Business Services Capital Markets Medical Devices Aerospace & Defense Auto Parts Chemicals Confectioners Credit Services Diagnostics & Research Electronic Components Financial Data & Stock Exchanges Information Technology Services Insurance - Life Medical Distribution Packaging & Containers Recreational Vehicles Rental & Leasing Services Software - Application Software - Infrastructure Specialty Industrial Machinery

Keywords: S&P 500 Cancer Electronics Payment Systems Transport Aerospace Beverage Products Card Processing Chemical Chemical Product Communication Solutions Credit Drink Lab Testing Land Transport Medicine Mobile Payments Moody's Analytics Nasdaq 100 Navigation Systems