CWS vs. WBIY ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to WBI Power Factor High Dividend ETF (WBIY)

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

$70.26

Average Daily Volume

13,971

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIY

WBI Power Factor High Dividend ETF

WBIY Description

The investment seeks long term-capital appreciation while also seeking to protect principal during unfavorable market conditions. The fund will seek to achieve its investment objective by using a broad and flexible investment strategy and may invest directly in different types of instruments, such as: stocks and bonds issued by public and private companies and bonds issued by governments and governmental agencies ("Direct Investments"); and shares of funds that invest directly in such instruments. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.79

Average Daily Volume

5,947

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	WBIY
30 Days	1.64%	2.50%
60 Days	2.92%	3.62%
90 Days	4.61%	5.12%
12 Months	28.16%	25.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in WBIY	Overlap

CWS Overweight 25 Positions Relative to WBIY

Symbol	Grade	Weight
FICO	B	6.68%
FI	A	5.35%
MLR	C	5.32%
HEI	A	5.2%
APH	A	4.89%
AFL	B	4.57%
SYK	B	4.3%
MCO	B	4.15%
ICE	C	4.12%
COR	B	4.02%
SLGN	A	3.96%
ROL	B	3.86%
INTU	B	3.78%
BR	A	3.77%
OTIS	C	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	F	3.36%
HSY	F	3.28%
PII	F	2.38%
CE	F	1.6%

CWS Underweight 49 Positions Relative to WBIY

Symbol	Grade	Weight
MO	A	-5.35%
KMI	A	-5.31%
F	C	-5.01%
D	C	-4.71%
UPS	C	-4.7%
T	A	-4.7%
LYB	F	-4.58%
VZ	C	-4.56%
CAG	F	-4.43%
KSS	F	-4.13%
BEN	C	-3.42%
DINO	D	-3.16%
M	F	-3.01%
WHR	B	-2.98%
CVX	A	-2.36%
CRI	F	-1.91%
OMF	A	-1.9%
VLY	B	-1.86%
COLB	B	-1.81%
HBAN	A	-1.72%
RF	A	-1.71%
CFG	B	-1.62%
PRU	A	-1.52%
CNH	C	-1.49%
IPG	D	-1.44%
UGI	C	-1.4%
WU	F	-1.4%
CVS	D	-1.29%
FULT	A	-1.11%
TNL	A	-1.1%
HESM	B	-0.99%
MAN	F	-0.93%
BKH	A	-0.8%
KNTK	A	-0.78%
PINC	B	-0.76%
CWEN	C	-0.72%
DIN	C	-0.68%
APAM	B	-0.65%
FIBK	B	-0.61%
GES	F	-0.54%
WSBC	B	-0.36%
HOPE	C	-0.34%
GSL	F	-0.32%
EMBC	C	-0.29%
METC	C	-0.29%
BRKL	B	-0.29%
VRTS	B	-0.28%
OCFC	B	-0.27%
ASC	F	-0.24%