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AdvisorShares Trust AdvisorShares Dorsey Wright Short ETF

DWSH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 10 2018
Expense Ratio
2.77%
Type
US Equities
Fund Owner
Advisor Shares
Volume (1m avg. daily)
$471,277
AUM
$25,818,988
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
INVESCO GOVT AGENCY INSTL 1901
150.59%
n/a
CASH
42.66%
EL
Estee Lauder Cos., Inc. - Ordinary Shares - Class A
-0.67%
ILMN
Illumina Inc
-0.67%
DG
Dollar General Corp.
-0.67%
SEE
Sealed Air Corp.
-0.71%
TREE
LendingTree Inc.
-0.72%
CCI
Crown Castle Inc
-0.73%
MD
Pediatrix Medical Group Inc
-0.73%
VFC
VF Corp.
-0.73%
Invest with DWSH

What is DWSH?

The AdvisorShares Dorsey Wright Short ETF (Ticker: DWSH) is managed by Nasdaq Dorsey Wright a firm renowned for relative strength investing. Relative strength investing involves buying securities that have appreciated in price more than the other securities in their investment universe and holding those securities until they exhibit sell signals. In implementing DWSH s shorting strategy to its core philosophy of relative strength investing, Dorsey Wright identifies and short sells those securities with the highest relative weakness within an investment universe primarily comprised of large-capitalization U.S.-traded equities. DWSH s investment process is purely systematic and removes any human emotion from the day-to-day decision making.

ETFs related toDWSH

ETFs correlated to DWSH include HDGE, RWM, TZA

DWSH
Advisorshares Trust - AdvisorShares Dorsey Wright Short ETF -1x Shares
HDGE
Advisorshares Trust - Ranger Equity Bear -1x Shares
RWM
ProShares Trust - ProShares Short Russell2000 -1x Shares
TZA
Direxion Shares ETF Trust - Direxion Daily Small Cap Bear 3X Shares
SRTY
ProShares Trust - ProShares UltraPro Short Russell2000 -3x Shares
TWM
ProShares Trust - ProShares UltraShort Russell2000 -2x Shares
HIBS
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares
SH
ProShares Trust - ProShares Short S&P500 -1x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDWSH

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DWSH using Composer

FAQ

DWSH is a US Equities ETF. The AdvisorShares Dorsey Wright Short ETF (Ticker: DWSH) is managed by Nasdaq Dorsey Wright a firm renowned for relative strength investing. Relative strength investing involves buying securities that have appreciated in price more than the other securities in their investment universe and holding those securities until they exhibit sell signals. In implementing DWSH s shorting strategy to its core philosophy of relative strength investing, Dorsey Wright identifies and short sells those securities with the highest relative weakness within an investment universe primarily comprised of large-capitalization U.S.-traded equities. DWSH s investment process is purely systematic and removes any human emotion from the day-to-day decision making.

Yes, DWSH is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, DWSH is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DWSH is 0.064%. This is the percent change in the value of DWSH over the most recent 1-month period. The 3-month return on DWSH is 0.0072%. This is the percent change in the value of DWSH over the most recent 3-month period.

The standard deviation of DWSH for the past year is 0.2994%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DWSH include IVV, MDY, and IJR.

ETFs correlated to DWSH include HDGE, RWM, and TZA.

ETFs that are inversely correlated to DWSH include VXF, EQAL, and SMMD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.