DWSH vs. HDGE ETF Comparison

Comparison of AdvisorShares Dorsey Wright Short ETF (DWSH) to Ranger Equity Bear Bear ETF (HDGE)

DWSH

AdvisorShares Dorsey Wright Short ETF

DWSH Description

The investment seeks capital appreciation through short selling securities. Dorsey, Wright & Associates, LLC (the "Sub-Advisor"), the sub-advisor to the fund, seeks to achieve the fund's investment objective by obtaining short exposure to investment returns of the broad U.S. large-capitalization equity market by engaging in short sales of U.S.-traded equity securities and exchange-traded funds ("ETFs"). Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investments that create or result in short exposure to U.S. equity securities.

Grade (RS Rating)

Last Trade

$7.18

Average Daily Volume

23,569

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HDGE

Ranger Equity Bear Bear ETF

HDGE Description

The investment seeks capital appreciation through short sales of domestically traded equity securities. The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs registered pursuant to the 1940 Act, ETNs and other ETPs. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process that seeks to identify securities with low earnings quality or aggressive accounting that may tend to mask operational deterioration and bolster the reported earnings per share over a short time period.

Grade (RS Rating)

Last Trade

$18.84

Average Daily Volume

102,253

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DWSH	HDGE
30 Days	-1.98%	-1.54%
60 Days	0.00%	-2.89%
90 Days	-3.75%	-10.96%
12 Months	-10.62%	-8.67%

10 Overlapping Holdings

Symbol	Grade	Weight in DWSH	Weight in HDGE	Overlap
AAL	D	-0.96%	-1.33%	-1.33%
ALB	D	-0.79%	-1.23%	-1.23%
CVS	D	-0.87%	-1.73%	-1.73%
HUM	F	-0.87%	-1.21%	-1.21%
KSS	F	-0.92%	-1.76%	-1.76%
LKQ	F	-0.84%	-0.96%	-0.96%
LVS	D	-0.84%	-1.45%	-1.45%
PAYC	D	-1.05%	-2.49%	-2.49%
VLY	C	-1.07%	-1.0%	-1.07%
XRX	D	-0.83%	-1.17%	-1.17%

DWSH Overweight 87 Positions Relative to HDGE

Symbol	Grade	Weight
DLTR	F	-0.51%
TDC	F	-0.65%
HPP	D	-0.66%
IPGP	F	-0.66%
PTEN	F	-0.67%
CC	F	-0.67%
DG	F	-0.68%
TRIP	F	-0.69%
APA	F	-0.7%
SVC	D	-0.7%
CBRL	D	-0.71%
NUS	F	-0.73%
WBA	F	-0.74%
VC	F	-0.74%
VAC	F	-0.75%
TECH	C	-0.75%
PII	D	-0.76%
HLF	F	-0.76%
BEN	F	-0.76%
UPS	D	-0.77%
AAP	F	-0.77%
RIG	F	-0.77%
ZD	D	-0.78%
JAZZ	D	-0.78%
DAN	F	-0.79%
MOS	F	-0.79%
NKE	D	-0.79%
CABO	F	-0.8%
LEG	D	-0.8%
IART	F	-0.8%
XRAY	D	-0.81%
WBD	D	-0.82%
BIIB	F	-0.82%
ULTA	D	-0.83%
INTC	F	-0.83%
GT	F	-0.83%
ADNT	F	-0.84%
SLAB	D	-0.84%
RES	D	-0.84%
WEN	C	-0.84%
OLN	D	-0.85%
LEA	F	-0.85%
SJM	C	-0.86%
EL	F	-0.86%
SAGE	F	-0.86%
MTN	D	-0.87%
BA	F	-0.87%
ENOV	D	-0.87%
VSAT	F	-0.88%
FMC	C	-0.89%
BRKR	D	-0.89%
RHI	D	-0.89%
DXCM	F	-0.9%
BMY	C	-0.9%
UHAL	A	-0.9%
COTY	F	-0.92%
ALGN	D	-0.92%
WYNN	D	-0.93%
AKAM	D	-0.94%
OI	D	-0.94%
BIO	C	-0.94%
W	D	-0.95%
LUV	C	-0.96%
PRGO	D	-0.96%
JBHT	D	-0.97%
VRSN	D	-0.97%
TAP	D	-0.97%
AGCO	D	-0.98%
ADM	D	-0.99%
LW	D	-1.0%
GPN	D	-1.01%
WHR	D	-1.01%
VFC	C	-1.02%
ODFL	D	-1.02%
BAX	C	-1.02%
EPAM	F	-1.03%
ILMN	C	-1.06%
SBUX	C	-1.07%
MD	C	-1.07%
MKTX	C	-1.07%
ATUS	C	-1.09%
GL	C	-1.09%
NWL	C	-1.1%
HAIN	D	-1.11%
DXC	C	-1.23%
EXAS	C	-1.26%
MPW	C	-1.28%

DWSH Underweight 61 Positions Relative to HDGE

Symbol	Grade	Weight
ELF	F	--0.77%
CAR	F	--0.77%
HTZ	F	--0.97%
MARA	F	--0.97%
ANSS	D	--0.98%
PLAB	F	--0.99%
ZS	F	--1.0%
ASAN	F	--1.01%
BRZE	F	--1.02%
NGVT	D	--1.03%
CFR	C	--1.04%
DAR	F	--1.06%
RIOT	F	--1.06%
MTRN	F	--1.07%
ENR	D	--1.07%
S	C	--1.08%
TPX	C	--1.08%
CWH	C	--1.08%
FLYW	F	--1.09%
HGV	F	--1.09%
PENN	D	--1.09%
DEO	C	--1.11%
JACK	F	--1.11%
GO	F	--1.12%
COIN	F	--1.14%
MRTN	D	--1.15%
GLBE	C	--1.17%
WDC	D	--1.17%
NCNO	D	--1.17%
WEX	C	--1.18%
JKS	D	--1.19%
DDOG	D	--1.21%
ETSY	F	--1.22%
PTC	D	--1.25%
CNXC	F	--1.27%
PCOR	F	--1.29%
SABR	D	--1.29%
ON	D	--1.3%
ROKU	C	--1.3%
WFC	D	--1.32%
CFLT	F	--1.32%
PI	B	--1.33%
IRDM	D	--1.34%
LOGI	D	--1.35%
SNA	C	--1.36%
FR	B	--1.37%
ODP	F	--1.38%
CMA	B	--1.39%
INFA	D	--1.41%
CACC	F	--1.45%
NET	D	--1.45%
MCW	F	--1.48%
VRT	C	--1.52%
DKNG	C	--1.66%
WK	D	--1.66%
NTST	D	--1.69%
MAR	C	--1.82%
OZK	D	--1.95%
SIG	C	--2.02%
TEAM	D	--2.05%
WSM	D	--2.15%