AdvisorShares Dorsey Wright Alpha Equal Weight ETF

Frequently Asked Questions About DWEQ

What does DWEQ invest in?

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.

What is the expense ratio of DWEQ?

AdvisorShares Dorsey Wright Alpha Equal Weight ETF (DWEQ) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DWEQ?

AdvisorShares Dorsey Wright Alpha Equal Weight ETF (DWEQ) manages $29.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DWEQ actively managed or an index fund?

DWEQ is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DWEQ's is 1.00%) in exchange for the discretion to over- or under-weight positions.

When was DWEQ launched?

AdvisorShares Dorsey Wright Alpha Equal Weight ETF (DWEQ) launched in December 2019 and is managed by AdvisorShares.

How has DWEQ performed?

DWEQ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.