AdvisorShares HVAC and Industrials ETF

Frequently Asked Questions About HVAC

What does HVAC invest in?

This actively managed Exchange-Traded Fund (ETF) strives to achieve its investment goals by allocating capital to equity securities listed on U.S. exchanges. Its portfolio includes both common stocks and American Depositary Receipts (ADRs) from companies spanning the full spectrum of market capitalizations. To clarify, ADRs are financial instruments that allow investors to trade ownership interests in foreign publicly listed companies on U.S. stock exchanges. The fund is classified as non-diversified.

What is the expense ratio of HVAC?

AdvisorShares HVAC and Industrials ETF (HVAC) charges an expense ratio of 35.61%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HVAC?

AdvisorShares HVAC and Industrials ETF (HVAC) manages $15.4M 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 HVAC actively managed or an index fund?

HVAC is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (HVAC's is 35.61%) in exchange for the discretion to over- or under-weight positions.

When was HVAC launched?

AdvisorShares HVAC and Industrials ETF (HVAC) launched in February 2025 and is managed by AdvisorShares.

How has HVAC performed?

HVAC'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.