DWUS vs. AADR

Last updated Jun 25, 2026

DWUS (AdvisorShares Dorsey Wright FSM US Core ETF) and AADR (AdvisorShares Dorsey Wright ADR ETF) are both exchange-traded funds - DWUS is a Diversified Portfolio fund actively managed by AdvisorShares, while AADR is a Global Equities fund actively managed by AdvisorShares. Both are actively managed. Over the past 5 years, DWUS returned 11.04%/yr vs 5.33%/yr for AADR. A 0.64 correlation means they provide meaningful diversification when combined. DWUS charges 1.17%/yr vs 1.10%/yr for AADR.

Performance

DWUS vs. AADR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) and AdvisorShares Dorsey Wright ADR ETF (AADR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DWUS achieves a 12.79% return, which is significantly higher than AADR's -6.40% return.

DWUS

• 1D: -0.60%
• 1M: 1.91%
• YTD: 12.79%
• 6M: 10.79%
• 1Y: 21.39%
• 3Y*: 19.66%
• 5Y*: 11.04%
• 10Y*: —

AADR

• 1D: -1.82%
• 1M: -6.14%
• YTD: -6.40%
• 6M: -7.35%
• 1Y: 3.77%
• 3Y*: 19.20%
• 5Y*: 5.33%
• 10Y*: 9.03%

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

DWUS vs. AADR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DWUS AdvisorShares Dorsey Wright FSM US Core ETF	12.79%	12.75%	20.26%	20.62%	-17.89%	20.21%	35.99%	9.39%
AADR AdvisorShares Dorsey Wright ADR ETF	-6.40%	25.63%	24.58%	18.67%	-22.93%	6.48%	13.13%	-0.76%

Correlation

The correlation between DWUS and AADR is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Dec 27, 2019	0.64

The correlation between DWUS and AADR has been stable across timeframes, ranging from 0.63 to 0.64 - a consistent structural relationship.

DWUS vs. AADR - Sectors Allocation Comparison

Sectors	DWUS	AADR
Technology	44.3%	9.9%
Industrials	11.2%	12.4%
Financial Services	10.2%	15.1%
Communication Services	8.9%	9.3%
Healthcare	7.6%	17.6%
Consumer Cyclical	6.1%	5.2%
Consumer Defensive	3.7%	2.3%
Energy	3.3%	8.9%
Real Estate	1.6%	-
Basic Materials	1.6%	16.7%
Utilities	1.5%	2.7%

Return for Risk

DWUS vs. AADR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DWUS

DWUS Risk / Return Rank: 39
DWUS Sharpe Ratio Rank: 37
DWUS Sortino Ratio Rank: 35
DWUS Omega Ratio Rank: 37
DWUS Calmar Ratio Rank: 40
DWUS Martin Ratio Rank: 44

AADR

AADR Risk / Return Rank: 11
AADR Sharpe Ratio Rank: 11
AADR Sortino Ratio Rank: 11
AADR Omega Ratio Rank: 11
AADR Calmar Ratio Rank: 11
AADR Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DWUS vs. AADR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) and AdvisorShares Dorsey Wright ADR ETF (AADR). 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.

	DWUS	AADR	Difference
Sharpe ratio: Return per unit of total volatility	1.20	0.18	+1.02
Sortino ratio: Return per unit of downside risk	1.66	0.39	+1.27
Omega ratio: Gain probability vs. loss probability	1.22	1.05	+0.17
Calmar ratio: Return relative to maximum drawdown	1.79	0.20	+1.60
Martin ratio: Return relative to average drawdown	6.56	0.49	+6.07

DWUS vs. AADR - Sharpe Ratio Comparison

The current DWUS Sharpe Ratio is 1.20, which is higher than the AADR Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of DWUS and AADR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DWUS vs. AADR - Drawdown Comparison

The maximum DWUS drawdown since its inception was -30.47%, smaller than the maximum AADR drawdown of -45.01%. Use the drawdown chart below to compare losses from any high point for DWUS and AADR.

Drawdown Indicators

	DWUS	AADR	Difference
Max Drawdown Largest peak-to-trough decline	-30.47%	-45.01%	+14.54%
Max Drawdown (1Y) Largest decline over 1 year	-11.98%	-19.30%	+7.32%
Max Drawdown (3Y) Largest decline over 3 years	-19.63%	-20.61%	+0.98%
Max Drawdown (5Y) Largest decline over 5 years	-26.45%	-34.80%	+8.35%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.01%	—
Current Drawdown Current decline from peak	-4.37%	-16.84%	+12.47%
Average Drawdown Average peak-to-trough decline	-6.82%	-9.42%	+2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.27%	7.63%	-4.36%

Volatility

DWUS vs. AADR - Volatility Comparison

AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) has a higher volatility of 10.07% compared to AdvisorShares Dorsey Wright ADR ETF (AADR) at 5.90%. This indicates that DWUS's price experiences larger fluctuations and is considered to be riskier than AADR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DWUS	AADR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.07%	5.90%	+4.17%
Volatility (6M) Calculated over the trailing 6-month period	15.16%	18.23%	-3.07%
Volatility (1Y) Calculated over the trailing 1-year period	17.98%	21.80%	-3.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.14%	21.74%	-2.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.40%	22.14%	+0.26%

DWUS vs. AADR - Expense Ratio Comparison

DWUS has a 1.17% expense ratio, which is higher than AADR's 1.10% expense ratio.

Dividends

DWUS vs. AADR - Dividend Comparison

DWUS's dividend yield for the trailing twelve months is around 0.03%, less than AADR's 0.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AADR AdvisorShares Dorsey Wright ADR ETF	0.86%	0.49%	1.33%	0.74%	3.65%	0.92%	0.11%	0.58%	0.75%	0.74%	0.58%	0.81%
DWUS AdvisorShares Dorsey Wright FSM US Core ETF	0.03%	0.03%	0.18%	0.29%	0.89%	0.35%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DWUS and AADR in my portfolio?

DWUS and AADR have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DWUS or AADR?

DWUS has higher volatility (10.07%) compared to AADR (5.90%). In terms of maximum drawdown, DWUS dropped -30.47% vs AADR's -45.01%.

Which ETF is better, DWUS or AADR?

On 5-year performance, DWUS leads with 11.04% vs 5.33% for AADR. On fees, AADR is cheaper at 1.10% per year. On volatility, AADR has been the lower-risk option at 5.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DWUS or AADR?

Over the 5-year period, DWUS has performed better with a 11.04% return vs 5.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DWUS or AADR?

AADR is cheaper with a 1.10% expense ratio, compared with 1.17% for DWUS.

Which ETF pays a higher dividend yield, DWUS or AADR?

AADR has the higher dividend yield at 0.86%, compared with 0.03% for DWUS.

What is the main difference between DWUS and AADR?

DWUS is categorized as Diversified Portfolio, while AADR is Global Equities. Their fees differ too: 1.17% for DWUS and 1.10% for AADR.

Which has better risk-adjusted returns?

DWUS currently has the higher Sharpe Ratio (1.20 vs 0.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.