EBLU vs. CWS ETF Comparison

Comparison of Ecofin Global Water ESG Fund (EBLU) to AdvisorShares Focused Equity ETF (CWS)

EBLU

Ecofin Global Water ESG Fund

EBLU Description

The Tortoise Global Water ESG Fund uses a passive management approach and seeks investment results that correspond generally to the price and distribution rate performance of the Tortoise Global Water ESG Net Total Return Index®, which is comprised of companies across the globe and throughout the water cycle that we believe are positioned to benefit from the pursuit of solving the water supply/demand imbalance.

Grade (RS Rating)

Last Trade

$50.17

Average Daily Volume

2,235

Number of Holdings ^*

* 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

$71.10

Average Daily Volume

13,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EBLU	CWS
30 Days	4.15%	2.85%
60 Days	3.94%	3.29%
90 Days	10.77%	5.36%
12 Months	31.90%	29.09%

1 Overlapping Holdings

	Symbol	Grade	Weight in EBLU	Weight in CWS	Overlap
	AWK	D	3.37%	3.39%	3.37%

EBLU Overweight 21 Positions Relative to CWS

Symbol	Grade	Weight
ANET	C	5.99%
ERII	D	4.87%
CNM	D	4.29%
BMI	B	4.12%
ECL	D	3.94%
FELE	B	3.53%
AOS	F	3.49%
WMS	D	3.42%
WTRG	B	3.32%
FBIN	D	3.11%
IEX	B	2.92%
LNN	B	2.13%
MWA	B	1.92%
PNR	A	1.51%
WTTR	B	1.35%
MEG	F	1.3%
TTEK	F	0.37%
WTS	B	0.33%
VLTO	D	0.31%
XYL	D	0.27%
ZWS	B	0.17%

EBLU Underweight 24 Positions Relative to CWS

Symbol	Grade	Weight
FICO	B	-6.68%
FI	A	-5.35%
MLR	B	-5.32%
HEI	B	-5.2%
APH	A	-4.89%
AFL	B	-4.57%
SYK	C	-4.3%
MCO	B	-4.15%
ICE	C	-4.12%
COR	B	-4.02%
SLGN	A	-3.96%
ROL	B	-3.86%
INTU	C	-3.78%
BR	A	-3.77%
OTIS	C	-3.73%
AGM	C	-3.63%
FDS	B	-3.54%
ABT	B	-3.54%
SAIC	F	-3.38%
MGRC	B	-3.38%
TMO	F	-3.36%
HSY	F	-3.28%
PII	D	-2.38%
CE	F	-1.6%