DWUS

AdvisorShares Dorsey Wright FSM US Core ETF

$53.28
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Dorsey Wright FSM US Core Index.

Overview

ETF tracking AdvisorShares Dorsey Wright FSM US Core ETF

Category Other
Issuer Other
Inception Date 2019-12-27
Market Cap $121.0M
Average Volume N/A
Dividend Yield 0.17%
52-Week Range $41.59 - $55.89
VWAP $53.13

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) seeks to provide investment results that correspond generally to the price and yield performance of the Nasdaq Dorsey Wright FSM US Core Index.

🎯 Investment Strategy

The ETF uses a passive indexing approach, investing in a portfolio of U.S. equity securities that are selected and weighted based on a proprietary methodology developed by Dorsey, Wright & Associates. The index aims to identify stocks exhibiting positive momentum and relative strength characteristics.

✨ Key Features

  • Passive index-based strategy focused on U.S. equities
  • Utilizes Dorsey Wright's proprietary momentum and relative strength methodology
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions
  • Momentum investing risk: The fund's momentum-based strategy may underperform the broader market during certain market environments
  • Concentration risk: The fund may be more susceptible to factors affecting a particular sector or industry
  • Lack of track record: As a new fund, DWUS has limited performance history to evaluate

👤 Best For

The AdvisorShares Dorsey Wright FSM US Core ETF may be suitable for investors seeking exposure to a U.S. equity portfolio with a focus on momentum and relative strength characteristics. However, due to the fund's limited history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.