DWMC (AdvisorShares Dorsey Wright Micro-Cap ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing primarily in U.S.-traded equity securities consisting of common and preferred stock and American Depositary Receipts ("ADRs"). ADRs are securities traded on a local exchange stock exchange that represent interests in securities issued by a foreign publicly listed company. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in micro-cap securities.
Is DWMC's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

This week was a quieter one for the ETF industry, with just five new ETFs debuting on the market. FundX, YieldMax, and JPMorgan were among the firms launching new funds.

It was another strong week for launches, with 21 new ETFs added to the industry count. That number includes funds from Capital Group, Dimensional, American Century, BlackRock, J.P.

Big institutional investors have tended to ignore the market's smallest companies—those that have less than a $1 billion market capitalization. The Russell Microcap Index has often bounced back strongly after periods of sharp declines like the one the group is currently facing.

Per ETFGI, record assets and net inflows in active ETFs globally were noticed at the end of July.

Micro cap stocks are the epitome of a high risk/high reward asset class. Their returns are amplified relative to traditional small cap strategies, but the risks are high due to a lack of information on many micro cap companies.