CWS vs. XTL ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to SPDR S&P Telecom ETF (XTL)

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

$62.38

Average Daily Volume

10,759

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XTL

SPDR S&P Telecom ETF

XTL Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.06

Average Daily Volume

4,686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	XTL
30 Days	-0.13%	0.82%
60 Days	0.60%	10.99%
90 Days	-0.46%	9.69%
12 Months	18.02%	3.01%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in XTL	Overlap

CWS Overweight 23 Positions Relative to XTL

Symbol	Grade	Weight
APH	B	5.12%
MLR	D	4.9%
HEI	B	4.79%
FICO	A	4.78%
SYK	B	4.3%
ROL	A	4.27%
AFL	B	4.17%
ICE	A	4.07%
MCO	A	4.06%
OTIS	B	4.04%
INTU	A	3.95%
TMO	D	3.91%
HSY	F	3.78%
AWK	B	3.73%
BR	B	3.71%
ABT	D	3.62%
SLGN	D	3.53%
SAIC	D	3.53%
AGM	B	3.5%
FDS	C	3.33%
CE	F	3.31%
MGRC	D	3.3%
PII	F	3.09%

CWS Underweight 37 Positions Relative to XTL

Symbol	Grade	Weight
LITE	B	-5.02%
ANET	A	-4.86%
T	B	-4.63%
FYBR	B	-4.56%
VZ	B	-4.53%
CCOI	D	-4.52%
CSCO	D	-4.51%
MSI	B	-4.49%
JNPR	B	-4.48%
FFIV	C	-4.45%
IRDM	D	-4.43%
TMUS	B	-4.43%
CIEN	F	-4.4%
CALX	C	-3.58%
EXTR	C	-3.45%
VSAT	F	-3.12%
INFN	B	-2.86%
HLIT	B	-2.42%
TDS	B	-2.25%
LUMN	F	-2.01%
VIAV	D	-1.87%
NTCT	D	-1.5%
UI	B	-1.42%
LILAK	B	-1.41%
NPAB	B	-1.37%
USM	B	-1.22%
GOGO	D	-1.18%
CLFD	C	-0.86%
BAND	C	-0.78%
DGII	D	-0.71%
AAOI	F	-0.71%
GSAT	D	-0.64%
ATEX	B	-0.6%
SHEN	C	-0.48%
NTGR	C	-0.44%
IDT	D	-0.39%
AVNW	F	-0.38%