AdvisorShares Dorsey Wright Alpha Equal Weight ETF
Ticker
DWEQ
ISIN
US00768Y461
Price
USD 17.39
Change Today
-
Price 1 year ago
23.53 / -26.116 %
Morningstar
1
52 Week Low
16.53
52 Week High
24.06
200 Day Moving Average 19.68
19.68
50-day Moving Average
17.87
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 0.00 |
| Sortino Ratio | NaN |
| Maximum Drawdown | 0.0% |
| Maximum Drawdown Date | 2023-12-15 |
| Calmar Ratio | None |
1 year
| Parameter | Value |
|---|---|
| Treynor Ratio | - |
| Return | 0.00 |
| Volatility | 0.0% |
| Alpha | -15.36 |
| Beta | -- |
| R Squared | +85.92 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | -8.159% |
| Average Annual Volatility | 24.697% |
| Sharpe Ratio | -0.33 |
| Sortino Ratio | -0.50 |
| Maximum Drawdown | -44.0% |
| Maximum Drawdown Date | 2023-03-17 |
| Calmar Ratio | 0.14 |
Company information
Summary
The investment seeks to provide long-term capital appreciation. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a concentrated portfolio of U.S. equity securities selected from a universe of the largest 1,000 U.S. equity securities based on market capitalization. It's investment focus follows a core philosophy of relative strength. The fund also may invest in repurchase agreements.
Market
US
Category
Large Growth
Expense Ratio
0.96%
Fund family
AdvisorShares
Morningstar
1
Yield
0.0002
Exchange
NGM
| Sector | Weight |
|---|---|
| Energy | 24.01% |
| Healthcare | 23.21% |
| Realestate | 20.30% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
None
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| ARES | Ares Management Corp Class A | 2.91% |
| APO | Apollo Global Management Inc Class A | 2.81% |
| TRGP | Targa Resources Corp | 2.8% |
| KKR | KKR & Co Inc Ordinary Shares | 2.7% |
| CLR | Continental Resources Inc | 2.69% |
| BX | Blackstone Group Inc | 2.67% |
| UHAL | Amerco Inc | 2.6% |
| TT | Trane Technologies PLC | 2.58% |
| AOS | A.O. Smith Corp | 2.56% |
| WMS | Advanced Drainage Systems Inc | 2.55% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| DWAW | AdvisorShares Dorsey Wright FSM All Cap World ETF | NGM | 1.14% | 5 | +9.23 | -- | |
| DWUS | AdvisorShares Dorsey Wright FSM US Core ETF | US00768Y487 | NGM | 1.10% | 5 | -1.54 | -- |
| EQWL | Invesco S&P 100 Equal Weight ETF | US46137V449 | PCX | 0.25% | 5 | +4.69 | |
| EWMC | Invesco S&P MidCap 400 Equal Weight ETF | US46137V225 | PCX | 0.40% | 5 | +13.67 | |
| FV | First Trust Dorsey Wright Focus 5 ETF | US33738R605 | NGM | 0.89% | 5 | +14.88 | |
| RGI | Invesco S&P 500 Equal Weight Industrials ETF | US46137V324 | PCX | 0.40% | 5 | +13.51 | |
| RTM | Invesco S&P 500 Equal Weight Materials ETF | US46137V316 | PCX | 0.40% | 5 | +15.93 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.