AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DWAW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DWAW
DWAW charges 1.24% annually. There are 210 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | DWAW vs VUG | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.26B | Jun 2004 | DWAW vs ILCB | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.19B | Jul 2000 | DWAW vs IUSG | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | DWAW vs SPYG | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 59.17B | Dec 2009 | DWAW vs SCHG |
Best Risk-Adjusted Alternatives to DWAW
DWAW has a PortfoliosLab risk / return rank of 47. There are 80 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 85 | 33.20M | Dec 2021 | DWAW vs DARP | |
| Impact Shares NAACP Minority Empowerment ETF | 84 | 59.00M | Jul 2018 | DWAW vs NACP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 84 | 267.72M | Aug 2017 | DWAW vs MFUS | |
| Hartford Multifactor US Equity ETF | 82 | 656.33M | Feb 2015 | DWAW vs ROUS | |
| Inspire 100 ETF | 82 | 495.57M | Oct 2017 | DWAW vs BIBL |
Top Performing DWAW Alternatives (YTD)
DWAW is at 14.00% YTD. There are 44 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 57.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 57.26% | 26.18M | Oct 2025 | DWAW vs MEME | |
| SMART Earnings Growth 30 ETF | 45.10% | 50.41M | Aug 2025 | DWAW vs SGRT | |
| Franklin Intelligent Machines ETF | 35.15% | 117.69M | Feb 2020 | DWAW vs IQM | |
| MarketDesk Focused U.S. Momentum ETF | 30.53% | 170.29M | Mar 2025 | DWAW vs FMTM | |
| Invesco S&P 500 Pure Growth ETF | 30.31% | 2.27B | Mar 2006 | DWAW vs RPG |
Lowest Volatility Alternatives to DWAW
DWAW has 16.78% 1-year volatility. There are 106 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.56% | 39.10M | May 2017 | DWAW vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.24% | 1.50B | Apr 2015 | DWAW vs QUS | |
| iShares Core Dividend Growth ETF | 9.53% | 41.89B | Jun 2014 | DWAW vs DGRO | |
| Invesco Dividend Achievers™ ETF | 9.53% | 774.52M | Sep 2005 | DWAW vs PFM | |
| T. Rowe Price Dividend Growth ETF | 9.79% | 1.36B | Aug 2020 | DWAW vs TDVG |
Lowest Drawdown Alternatives to DWAW
DWAW has a 1-year max drawdown of -11.58%. There are 76 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 85.26M | Jun 2016 | DWAW vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 656.33M | Feb 2015 | DWAW vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | DWAW vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 41.89B | Jun 2014 | DWAW vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.50B | Apr 2015 | DWAW vs QUS |
Other ETFs from AdvisorShares
The 10 most viewed AdvisorShares ETFs shown here include MSOS, AADR, YOLO and span 7 categories. AUM among these funds goes as high as $992M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AdvisorShares Pure US Cannabis ETF | Small Cap Blend Equities, Cannabis | 39 | -4.66% | 991.54M | Sep 2020 | DWAW vs MSOS | |
| AdvisorShares Dorsey Wright ADR ETF | Global Equities | 14 | -5.16% | 42.40M | Jul 2010 | DWAW vs AADR | |
| AdvisorShares Pure Cannabis ETF | Cannabis | 26 | -19.39% | 33.76M | Apr 2019 | DWAW vs YOLO | |
| AdvisorShares Focused Equity ETF | Large Cap Growth Equities | 7 | -2.08% | 133.34M | Sep 2016 | DWAW vs CWS | |
| AdvisorShares Ranger Equity Bear ETF | Inverse Equities | 10 | 6.12% | 67.03M | Jan 2011 | DWAW vs HDGE | |
| Advisorshares Msos 2x Daily ETF | Leveraged Equities | 22 | -40.18% | 61.99M | Aug 2022 | DWAW vs MSOX | |
| AdvisorShares Gerber Kawasaki ETF | Large Cap Growth Equities | 42 | 13.03% | 31.47M | Jul 2021 | DWAW vs GK | |
| AdvisorShares Q Dynamic Growth ETF | Large Cap Growth Equities | 53 | 7.30% | 33.21M | Dec 2020 | DWAW vs QPX | |
| AdvisorShares Vice ETF | Consumer Discretionary Equities | 8 | 4.29% | 7.33M | Dec 2017 | DWAW vs VICE | |
| AdvisorShares Hotel ETF | Consumer Discretionary Equities | 37 | 10.82% | 2.60M | Apr 2021 | DWAW vs BEDZ |
Often Compared With DWAW
Investors most often compare DWAW with BSJO, SPY, IOO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare DWAW with Any Fund or Stock
Compare DWAW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DWAW with funds that move differently
AdvisorShares Dorsey Wright FSM All Cap World ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DWAW.
Explore DWAW Diversifiers