DWUS vs. GK

Last updated Jun 21, 2026

DWUS (AdvisorShares Dorsey Wright FSM US Core ETF) and GK (AdvisorShares Gerber Kawasaki ETF) are both exchange-traded funds - DWUS is a Diversified Portfolio fund actively managed by AdvisorShares, while GK is a Large Cap Growth Equities fund actively managed by AdvisorShares. Both are actively managed. Over the past 3 years, DWUS returned 20.43%/yr vs 18.76%/yr for GK. Their correlation of 0.84 suggests significant overlap in exposure. DWUS charges 1.17%/yr vs 0.75%/yr for GK.

Performance

DWUS vs. GK - 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 Gerber Kawasaki ETF (GK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DWUS having a 16.97% return and GK slightly lower at 16.49%.

DWUS

• 1D: 2.82%
• 1M: 6.33%
• YTD: 16.97%
• 6M: 16.64%
• 1Y: 28.57%
• 3Y*: 20.43%
• 5Y*: 12.40%
• 10Y*: —

GK

• 1D: 2.36%
• 1M: 4.26%
• YTD: 16.49%
• 6M: 16.80%
• 1Y: 32.28%
• 3Y*: 18.76%
• 5Y*: —
• 10Y*: —

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

DWUS vs. GK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DWUS AdvisorShares Dorsey Wright FSM US Core ETF	16.97%	12.75%	20.26%	20.62%	-17.89%	10.40%
GK AdvisorShares Gerber Kawasaki ETF	16.49%	17.78%	20.10%	21.19%	-42.76%	4.61%

Correlation

The correlation between DWUS and GK is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jul 2, 2021	0.84

The correlation between DWUS and GK has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

DWUS vs. GK - Sectors Allocation Comparison

Sectors	DWUS	GK
Technology	44.3%	37.9%
Industrials	11.2%	16.9%
Financial Services	10.2%	6.9%
Communication Services	8.9%	16.3%
Healthcare	7.6%	8.0%
Consumer Cyclical	6.1%	2.9%
Consumer Defensive	3.7%	2.1%
Energy	3.3%	-
Real Estate	1.6%	-
Basic Materials	1.6%	-
Utilities	1.5%	5.2%

Return for Risk

DWUS vs. GK — Risk / Return Rank

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

DWUS

DWUS Risk / Return Rank: 50
DWUS Sharpe Ratio Rank: 50
DWUS Sortino Ratio Rank: 46
DWUS Omega Ratio Rank: 49
DWUS Calmar Ratio Rank: 50
DWUS Martin Ratio Rank: 53

GK

GK Risk / Return Rank: 50
GK Sharpe Ratio Rank: 53
GK Sortino Ratio Rank: 51
GK Omega Ratio Rank: 51
GK Calmar Ratio Rank: 44
GK Martin Ratio Rank: 49

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. GK - 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 Gerber Kawasaki ETF (GK). 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	GK	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.73	-0.09
Sortino ratio: Return per unit of downside risk	2.22	2.38	-0.16
Omega ratio: Gain probability vs. loss probability	1.30	1.31	-0.01
Calmar ratio: Return relative to maximum drawdown	2.40	2.11	+0.29
Martin ratio: Return relative to average drawdown	8.83	7.89	+0.93

DWUS vs. GK - Sharpe Ratio Comparison

The current DWUS Sharpe Ratio is 1.63, which is comparable to the GK Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of DWUS and GK, 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. GK - Drawdown Comparison

The maximum DWUS drawdown since its inception was -30.47%, smaller than the maximum GK drawdown of -47.72%. Use the drawdown chart below to compare losses from any high point for DWUS and GK.

Drawdown Indicators

	DWUS	GK	Difference
Max Drawdown Largest peak-to-trough decline	-30.47%	-47.72%	+17.25%
Max Drawdown (1Y) Largest decline over 1 year	-11.98%	-15.13%	+3.15%
Max Drawdown (3Y) Largest decline over 3 years	-19.63%	-23.62%	+3.99%
Max Drawdown (5Y) Largest decline over 5 years	-26.45%	—	—
Current Drawdown Current decline from peak	0.00%	-1.10%	+1.10%
Average Drawdown Average peak-to-trough decline	-6.83%	-23.80%	+16.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	4.03%	-0.78%

Volatility

DWUS vs. GK - Volatility Comparison

AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) has a higher volatility of 9.24% compared to AdvisorShares Gerber Kawasaki ETF (GK) at 7.55%. This indicates that DWUS's price experiences larger fluctuations and is considered to be riskier than GK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DWUS	GK	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.24%	7.55%	+1.69%
Volatility (6M) Calculated over the trailing 6-month period	14.92%	14.96%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	17.58%	18.47%	-0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.06%	24.00%	-4.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.37%	24.00%	-1.63%

DWUS vs. GK - Expense Ratio Comparison

DWUS has a 1.17% expense ratio, which is higher than GK's 0.75% expense ratio.

Dividends

DWUS vs. GK - Dividend Comparison

DWUS's dividend yield for the trailing twelve months is around 0.03%, less than GK's 0.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DWUS AdvisorShares Dorsey Wright FSM US Core ETF	0.03%	0.03%	0.18%	0.29%	0.89%	0.35%	0.08%
GK AdvisorShares Gerber Kawasaki ETF	0.07%	0.08%	0.00%	0.13%	1.30%	0.04%	0.00%

Frequently Asked Questions

Can I hold both DWUS and GK in my portfolio?

DWUS and GK have a correlation of 0.87, 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 GK?

DWUS has higher volatility (9.24%) compared to GK (7.55%). In terms of maximum drawdown, DWUS dropped -30.47% vs GK's -47.72%.

Which ETF is better, DWUS or GK?

On 3-year performance, DWUS leads with 20.43% vs 18.76% for GK. On fees, GK is cheaper at 0.75% per year. On volatility, GK has been the lower-risk option at 7.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DWUS or GK?

Over the 3-year period, DWUS has performed better with a 20.43% return vs 18.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DWUS or GK?

GK is cheaper with a 0.75% expense ratio, compared with 1.17% for DWUS.

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

GK has the higher dividend yield at 0.07%, compared with 0.03% for DWUS.

What is the main difference between DWUS and GK?

DWUS is categorized as Diversified Portfolio, while GK is Large Cap Growth Equities. Their fees differ too: 1.17% for DWUS and 0.75% for GK.

Which has better risk-adjusted returns?

GK currently has the higher Sharpe Ratio (1.73 vs 1.63), 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.