AdvisorShares Drone Technology ETF

Frequently Asked Questions About UAV

What does UAV invest in?

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their revenue or profit from the use and/or manufacture of drones or technology used in the development and manufacture of drones (“drone-related businesses”). It will concentrate at least 25% of its investments in the securities of issuers in the Aerospace & Defense Industry. The fund is non-diversified.

What is the expense ratio of UAV?

AdvisorShares Drone Technology ETF (UAV) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

How big is UAV?

AdvisorShares Drone Technology ETF (UAV) manages $634,914 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 UAV actively managed or an index fund?

UAV is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (UAV's is 0.99%) in exchange for the discretion to over- or under-weight positions.

When was UAV launched?

AdvisorShares Drone Technology ETF (UAV) launched in April 2022 and is managed by AdvisorShares.

How has UAV performed?

UAV'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.