MADE vs. CWS ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to AdvisorShares Focused Equity ETF (CWS)

MADE

iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.73

Average Daily Volume

6,289

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

$70.77

Average Daily Volume

13,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	CWS
30 Days	6.47%	2.85%
60 Days	7.69%	3.29%
90 Days	12.24%	5.36%
12 Months		29.09%

3 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in CWS	Overlap
APH	A	4.23%	4.89%	4.23%
HEI	B	0.2%	5.2%	0.2%
SAIC	F	0.11%	3.38%	0.11%

MADE Overweight 95 Positions Relative to CWS

Symbol	Grade	Weight
GM	B	4.47%
ETN	A	4.47%
PCAR	B	4.33%
CMI	A	4.08%
DE	A	4.04%
HON	B	3.98%
AME	A	3.67%
F	C	3.38%
TT	A	3.25%
PH	A	3.12%
RTX	C	2.65%
ROK	B	2.55%
DOV	A	2.25%
CARR	D	2.21%
FTV	C	2.18%
HUBB	B	1.98%
JCI	C	1.93%
LMT	D	1.91%
TDY	B	1.83%
SNA	A	1.55%
FSLR	F	1.55%
BA	F	1.36%
COHR	B	1.31%
GD	F	1.18%
TDG	D	1.14%
NOC	D	1.13%
SWK	D	1.09%
NVT	B	1.06%
LECO	B	0.95%
RRX	B	0.93%
GNRC	B	0.9%
ALSN	B	0.83%
HWM	A	0.8%
AYI	B	0.8%
AXON	A	0.78%
LHX	C	0.75%
LII	A	0.73%
TTC	D	0.7%
ENPH	F	0.68%
FN	D	0.67%
PNR	A	0.62%
IEX	B	0.6%
MIDD	C	0.6%
MKSI	C	0.59%
OSK	B	0.58%
RIVN	F	0.56%
MSA	D	0.52%
GGG	B	0.52%
VNT	B	0.48%
THO	B	0.48%
LFUS	F	0.48%
FSS	B	0.47%
BC	C	0.44%
ITRI	B	0.42%
BDC	B	0.4%
BE	B	0.38%
LDOS	C	0.37%
AAON	B	0.34%
AEIS	B	0.34%
CR	A	0.33%
HOG	D	0.32%
ESE	B	0.31%
ENS	D	0.31%
AOS	F	0.3%
JBT	B	0.3%
SPXC	A	0.28%
LCII	C	0.26%
TRN	C	0.25%
CSWI	A	0.25%
GTLS	B	0.25%
CW	B	0.24%
TXT	D	0.24%
CXT	B	0.23%
ATKR	C	0.22%
BMI	B	0.22%
WTS	B	0.21%
GT	C	0.21%
ZWS	B	0.19%
AIN	C	0.18%
BWXT	B	0.18%
WWD	B	0.17%
FELE	B	0.15%
MWA	B	0.15%
NPO	A	0.14%
LCID	F	0.13%
HII	D	0.13%
KBR	F	0.13%
MOG.A	B	0.11%
FOXF	F	0.11%
PLUG	F	0.1%
KTOS	B	0.07%
ARRY	C	0.07%
SHLS	F	0.06%
SPR	D	0.06%
SEDG	F	0.05%

MADE Underweight 22 Positions Relative to CWS

Symbol	Grade	Weight
FICO	B	-6.68%
FI	A	-5.35%
MLR	B	-5.32%
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%
AWK	D	-3.39%
MGRC	B	-3.38%
TMO	F	-3.36%
HSY	F	-3.28%
PII	D	-2.38%
CE	F	-1.6%