- ISIN
- US00768Y5603
- CUSIP
- 00768Y560
- Issuer
- AdvisorShares
- Inception Date
- Sep 20, 2016
- Region
- North America (U.S.)
- Category
- Large Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $133M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
CWS Performance Chart
AdvisorShares Focused Equity ETF (CWS) is down 1.6% since the beginning of the year. CWS is currently trading at $68 per share. Investors who bought $1,000 worth of CWS shares 5 years ago would now be looking at an investment worth $1,490.
Loading charts...
Returns By Period
AdvisorShares Focused Equity ETF (CWS) has returned -1.59% so far this year and 0.54% over the past 12 months.
AdvisorShares Focused Equity ETF
- 1D
- 0.63%
- 1M
- 0.65%
- YTD
- -1.59%
- 6M
- -3.32%
- 1Y
- 0.54%
- 3Y*
- 9.38%
- 5Y*
- 8.30%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CWS Monthly Returns History
Based on dividend-adjusted daily data since Sep 21, 2016, CWS's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, an investment would double in approximately 5.9 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2023 with a return of +11.9%, while the worst month was Dec 2018 at -13.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, CWS closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +7.7%, while the worst single day was Mar 16, 2020 at -7.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.10% | 1.66% | -7.22% | 5.92% | -1.55% | 0.15% | -1.59% | ||||||
| 2025 | 4.62% | -1.02% | -2.38% | -0.74% | 5.30% | 2.30% | -2.13% | 0.71% | -0.54% | -2.03% | 2.87% | -0.34% | 6.43% |
| 2024 | 1.43% | 2.24% | 3.53% | -4.77% | 3.10% | -0.58% | 6.36% | 2.19% | 1.69% | -1.46% | 5.68% | -8.97% | 9.82% |
| 2023 | 7.13% | -2.01% | 1.87% | 0.03% | -3.66% | 10.08% | 2.71% | -0.37% | -5.50% | -5.19% | 11.88% | 7.46% | 25.06% |
| 2022 | -8.06% | -3.45% | 1.92% | -6.43% | -0.98% | -5.93% | 10.05% | -4.04% | -7.49% | 10.19% | 8.41% | -2.66% | -10.42% |
| 2021 | -3.08% | 0.76% | 4.68% | 5.49% | -1.30% | 0.35% | 3.00% | 1.79% | -5.01% | 6.16% | 0.34% | 7.84% | 22.20% |
Benchmark Metrics
AdvisorShares Focused Equity ETF has an annualized alpha of 1.18%, beta of 0.75, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since September 21, 2016.
- This ETF participated in 94.07% of S&P 500 Index downside but only 85.93% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.18%
- Beta
- 0.75
- R²
- 0.66
- Upside Capture
- 85.93%
- Downside Capture
- 94.07%
Expense Ratio
CWS has an expense ratio of 0.77%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CWS ranks 9 for risk / return — in the bottom 9% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AdvisorShares Focused Equity ETF (CWS) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CWS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.37 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | 2.78 | -2.74 |
| Martin ratioReturn relative to average drawdown | 0.11 | 12.44 | -12.33 |
Dividends
Dividend History
AdvisorShares Focused Equity ETF provided a 0.31% dividend yield over the last twelve months, with an annual payout of $0.21 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.21 | $0.38 | $0.15 | $0.24 | $0.08 | $0.12 | $0.15 | $0.60 | $0.09 | $0.01 |
Dividend yield | 0.31% | 0.31% | 0.59% | 0.25% | 0.50% | 0.16% | 0.27% | 0.39% | 2.07% | 0.29% | 0.03% |
Monthly Dividends
The table displays the monthly dividend distributions for AdvisorShares Focused Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the AdvisorShares Focused Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AdvisorShares Focused Equity ETF was 33.82%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.
The current AdvisorShares Focused Equity ETF drawdown is 6.02%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.82%Mar 2020 | 1mo 2d | 4mo 22d | 5mo 24dFeb 2020 - Aug 2020 |
Bear market2022 | -24.87%Jun 2022 | 5mo 14d | 12mo 4d | 1y 5moJan 2022 - Jun 2023 |
Rate-hike selloffLate 2018 | -18.40%Dec 2018 | 3mo 11d | 5mo 13d | 8mo 24dSep 2018 - Jun 2019 |
2025 selloff2025 | -16.56%Apr 2025 | 4mo 7d | 9mo 9d | 1y 1moDec 2024 - Jan 2026 |
2023 correction2023 | -13.07%Oct 2023 | 2mo 26d | 1mo 5d | 4mo 1dAug 2023 - Dec 2023 |
Drawdown Indicators
| CWS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.82% | -56.78% | +22.96% |
Max Drawdown (1Y)Largest decline over 1 year | -11.92% | -9.10% | -2.82% |
Max Drawdown (3Y)Largest decline over 3 years | -16.56% | -18.90% | +2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -24.87% | -25.43% | +0.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.02% | -1.80% | -4.22% |
Average DrawdownAverage peak-to-trough decline | -4.54% | -10.71% | +6.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 2.03% | +2.72% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with CWS
Add AdvisorShares Focused Equity ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with CWS