Investment strategies based on the expertise of Nasdaq
Dorsey Wright and Crossing Wall Street's Eddy Elfenbein recognized for their
risk-adjusted returns.
BETHESDA, Md., Jan. 19,
2023 /PRNewswire/ -- AdvisorShares, a leading sponsor
of actively managed ETFs, announced the following ETFs received
Five-Star and Four-Star Morningstar Ratings™:
Five Stars
- AdvisorShares Focused Equity ETF (Ticker: CWS) —
a concentrated, long-term portfolio with low-turnover and a
long-term stock picking track record — earned five stars for
its overall (out of 534 funds), five stars for its three-year (out
of 534 funds) and five stars for its five-year (out of 499 funds)
risk-adjusted returns in Morningstar's Mid-Cap Growth category, as
of December 31, 2022.
- AdvisorShares Dorsey Wright FSM U.S. Core ETF
(Ticker: DWUS) — a tactically allocated portfolio for
large cap domestic equity opportunities through relative strength
and trend analysis — earned five stars for its overall (out of
1,131 funds) and five stars for its three-year (out of 1,131 funds)
risk-adjusted returns in Morningstar's Large Growth category, as of
December 31, 2022.
Four Stars
- AdvisorShares Dorsey Wright Micro-Cap ETF (Ticker:
DWMC) — an unemotional approach to invest in today's
smallest companies to capture their growth as they transform into
tomorrow's market leaders — earned four stars for its overall
(out of 576 funds) and four stars for its three-year (out of 576
funds) risk-adjusted returns in Morningstar's Small Growth
category, as of December 31,
2022.
- AdvisorShares Dorsey Wright FSM All Cap World Equity ETF
(Ticker: DWAW) — a tactically allocated portfolio that
invests in trending relative strength market opportunities from
around the world and across market caps or styles — earned four
stars for its overall (out of 1,131 funds) and four stars for its
three-year (out of 1,131 funds) risk-adjusted returns in
Morningstar's Large Growth category, as of December 31, 2022.
Past performance is not indicative of future results. For
standardized and month-end performance and more information
about these ETFs, please visit their respective fund pages at
AdvisorShares.com.
AdvisorShares regularly hosts live webinars featuring industry
thought leaders, portfolio managers and strategists including
Nasdaq Dorsey Wright, Mr. Elfenbein and other leading experts. You
may learn more and register at the AdvisorShares Event
Center for upcoming event sessions and educational
insights.
About AdvisorShares
AdvisorShares is a leading provider of active ETFs. For
financial professionals and investors requesting more information,
call 1-877-843-3831 or visit advisorshares.com. Follow
@AdvisorShares on Twitter and on
Facebook, YouTube, LinkedIn and Twitch for more
insights.
Before investing you should carefully consider each Fund's
investment objectives, risks, charges and expenses. This and other
information is in the prospectus, a copy of which may be obtained
by visiting the Fund's website at www.AdvisorShares.com.
Please read the prospectus carefully before you invest.
Foreside Fund Services, LLC, distributor.
The Morningstar Rating™ for funds, or "star rating", is
calculated for managed products (including mutual funds, variable
annuity and variable life subaccounts, exchange-traded funds,
closed-end funds, and separate accounts) with at least a three-year
history. Exchange-traded funds and open-ended mutual funds are
considered a single population for comparative purposes. It is
calculated based on a Morningstar Risk-Adjusted Return measure that
accounts for variation in a managed product's monthly excess
performance, placing more emphasis on downward variations and
rewarding consistent performance. The top 10% of products in each
product category receive 5 stars, the next 22.5% receive 4 stars,
the next 35% receive 3 stars, the next 22.5% receive 2 stars, and
the bottom 10% receive 1 star. The Overall Morningstar Rating for a
managed product is derived from a weighted average of the
performance figures associated with its three-, five-, and 10-year
(if applicable) Morningstar Rating metrics. The weights are: 100%
three-year rating for 36-59 months of total returns, 60% five-year
rating/40% three-year rating for 60-119 months of total returns,
and 50% 10-year rating/30% five-year rating/20% three-year rating
for 120 or more months of total returns. While the 10-year overall
star rating formula seems to give the most weight to the 10-year
period, the most recent three-year period actually has the greatest
impact because it is included in all three rating periods.
There is no guarantee that the Fund will achieve its
investment objective. An investment in the Fund is subject to risk,
including the possible loss of principal amount invested. The
prices of equity securities rise and fall daily. These price
movements may result from factors affecting individual issuers,
industries or the stock market as a whole. Shares of the Fund may
trade above or below their net asset value ("NAV"). The trading
price of the Fund's shares may deviate significantly from their NAV
during periods of market volatility. There can be no assurance that
an active trading market for the Fund's shares will develop or be
maintained. In addition, equity markets tend to move in cycles
which may cause stock prices to fall over short or extended periods
of time. Other Fund risks include market risk, liquidity risk,
large cap, mid cap, and small cap risk. Please see prospectus for
details regarding risk.
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SOURCE AdvisorShares