CWS vs. CBSE ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to Changebridge Capital Sustainable Equity ETF (CBSE)

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

CBSE

Changebridge Capital Sustainable Equity ETF

CBSE Description

The investment seeks capital appreciation and lower volatility than the broader market. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing securities Changebridge Capital, LLC, the fund's investment adviser, believes to have above-average financial characteristics and growth potential that exhibit positive ESG attributes. Under normal circumstances, it will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities, including common stocks and depositary receipts, of sustainable companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.90

Average Daily Volume

2,888

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	CBSE
30 Days	-0.20%	4.05%
60 Days	1.68%	7.92%
90 Days	4.14%	10.51%
12 Months	27.49%	46.84%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in CBSE	Overlap
	ROL	B	3.86%	3.02%	3.02%

CWS Overweight 24 Positions Relative to CBSE

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%
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 33 Positions Relative to CBSE

Symbol	Grade	Weight
SPOT	A	-3.42%
LNG	A	-3.41%
CCL	A	-3.27%
MGNI	B	-3.06%
VST	A	-3.03%
RDDT	A	-2.99%
BWXT	B	-2.94%
OSW	B	-2.9%
TDG	D	-2.88%
ERJ	B	-2.86%
IBN	D	-2.85%
INTC	C	-2.83%
NARI	C	-2.82%
SKY	A	-2.8%
STRL	B	-2.71%
GTLS	A	-2.7%
WTTR	A	-2.69%
PL	B	-2.69%
HUMA	F	-2.56%
OKLO	C	-2.4%
DELL	C	-2.18%
VITL	D	-2.1%
SO	C	-2.09%
D	C	-2.09%
CPRI	F	-2.03%
SCHW	A	-2.0%
NEE	C	-1.94%
SCI	B	-1.93%
MC	B	-1.93%
ON	F	-1.92%
AMZN	B	-1.9%
ETR	A	-1.79%
CRSP	D	-0.91%