DWSH vs. EATZ

Last updated Aug 4, 2026

DWSH (AdvisorShares Dorsey Wright Short ETF) and EATZ (AdvisorShares Restaurant ETF) are both exchange-traded funds - DWSH is a Inverse Equities fund actively managed by AdvisorShares, while EATZ is a Consumer Discretionary Equities fund actively managed by AdvisorShares. Both are actively managed. Their -0.62 correlation means they have often moved in opposite directions in the past. DWSH charges 3.67%/yr vs 1.00%/yr for EATZ.

Performance

DWSH vs. EATZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Dorsey Wright Short ETF (DWSH) and AdvisorShares Restaurant ETF (EATZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DWSH

• 1D: -2.20%
• 1M: -5.81%
• 6M: -8.92%
• YTD: -11.96%
• 1Y: -17.15%
• 3Y*: -4.29%
• 5Y*: -4.38%
• 10Y*: —
• ALL TIME*: -14.49%

EATZ

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DWSH AdvisorShares Dorsey Wright Short ETF	$237.81K	$562.58K	$421.31K

DWSH vs. EATZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DWSH AdvisorShares Dorsey Wright Short ETF	-11.96%	-2.57%	5.98%	-22.04%	17.45%	-5.25%
EATZ AdvisorShares Restaurant ETF	4.80%	-6.67%	23.21%	25.23%	-20.68%	-4.90%

Correlation

The correlation between DWSH and EATZ is -0.44, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.44
Correlation (3Y) Balances recent behavior with more history.	-0.53
Correlation (5Y) Shows whether the relationship held over a longer period.	-0.63
Correlation (All Time) Calculated using the full available price history since Apr 21, 2021	-0.62

The correlation between DWSH and EATZ shifts across timeframes, from -0.63 (5 years) to -0.44 (1 year), reflecting how their relationship changes across market environments.

DWSH vs. EATZ - Sectors Allocation Comparison

Sectors	DWSH	EATZ
Utilities	-1.1%	-
Energy	-1.1%	-
Real Estate	-1.8%	-
Basic Materials	-3.1%	-
Communication Services	-4.7%	2.3%
Consumer Defensive	-8.9%	16.9%
Financial Services	-10.4%	-
Industrials	-11.4%	4.9%
Healthcare	-11.7%	-
Consumer Cyclical	-16.4%	78.2%
Technology	-32.7%	-

Return for Risk

DWSH vs. EATZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DWSH

DWSH Risk / Return Rank: 2
DWSH Sharpe Ratio Rank: 3
DWSH Sortino Ratio Rank: 3
DWSH Omega Ratio Rank: 3
DWSH Calmar Ratio Rank: 2
DWSH Martin Ratio Rank: 0

EATZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DWSH vs. EATZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright Short ETF (DWSH) and AdvisorShares Restaurant ETF (EATZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	DWSH	EATZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.76	—	—
Sortino ratio: Return per unit of downside risk	-0.96	—	—
Omega ratio: Gain probability vs. loss probability	0.89	—	—
Calmar ratio: Return relative to maximum drawdown	-0.86	—	—
Martin ratio: Return relative to average drawdown	-1.88	—	—

Drawdowns

Drawdown Indicators

	DWSH	EATZ	Difference
Max Drawdown Largest peak-to-trough decline	-83.80%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-20.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.03%	—	—
Current Drawdown Current decline from peak	-83.64%	—	—
Average Drawdown Average peak-to-trough decline	-63.95%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	9.24%	—	—

Volatility

Volatility by Period

	DWSH	EATZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.70%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.59%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.27%	—	—

DWSH vs. EATZ - Expense Ratio Comparison

DWSH has a 3.67% expense ratio, which is higher than EATZ's 1.00% expense ratio.

Dividends

DWSH vs. EATZ - Dividend Comparison

DWSH's dividend yield for the trailing twelve months is around 7.17%, more than EATZ's 0.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DWSH AdvisorShares Dorsey Wright Short ETF	7.17%	6.31%	6.17%	10.28%	0.00%	0.00%	0.00%	0.14%	0.12%
EATZ AdvisorShares Restaurant ETF	0.48%	0.50%	0.18%	0.49%	2.35%	0.15%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DWSH and EATZ in my portfolio?

DWSH and EATZ have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DWSH or EATZ?

On fees, EATZ is cheaper at 1.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DWSH or EATZ?

EATZ is cheaper with a 1.00% expense ratio, compared with 3.67% for DWSH.

Which ETF pays a higher dividend yield, DWSH or EATZ?

DWSH has the higher dividend yield at 7.17%, compared with 0.48% for EATZ.

What is the main difference between DWSH and EATZ?

DWSH is categorized as Inverse Equities, while EATZ is Consumer Discretionary Equities. Their fees differ too: 3.67% for DWSH and 1.00% for EATZ.