QPX vs. DWUS
QPX (AdvisorShares Q Dynamic Growth ETF) and DWUS (AdvisorShares Dorsey Wright FSM US Core ETF) are both exchange-traded funds - QPX is a Large Cap Growth Equities fund actively managed by AdvisorShares, while DWUS is a Diversified Portfolio fund actively managed by AdvisorShares. Both are actively managed. Over the past 5 years, QPX returned 10.61%/yr vs 9.13%/yr for DWUS. Their correlation of 0.86 means they have usually moved in the same direction. QPX charges 1.46%/yr vs 1.17%/yr for DWUS.
Performance
QPX vs. DWUS - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with QPX having a 6.38% return and DWUS slightly lower at 6.13%.
QPX
- 1D
- 0.67%
- 1M
- -1.67%
- 6M
- 4.08%
- YTD
- 6.38%
- 1Y
- 21.40%
- 3Y*
- 17.19%
- 5Y*
- 10.61%
- 10Y*
- —
- ALL TIME*
- 12.04%
DWUS
- 1D
- 0.52%
- 1M
- -4.34%
- 6M
- 4.31%
- YTD
- 6.13%
- 1Y
- 13.89%
- 3Y*
- 15.03%
- 5Y*
- 9.13%
- 10Y*
- —
- ALL TIME*
- 15.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $25.53K | $18.52K | $88.59K | |
| $70.64K | $166.89K | $141.42K |
QPX vs. DWUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QPX AdvisorShares Q Dynamic Growth ETF | 6.38% | 24.12% | 17.28% | 44.63% | -30.90% | 22.29% | -0.31% |
DWUS AdvisorShares Dorsey Wright FSM US Core ETF | 6.13% | 12.75% | 20.26% | 20.62% | -17.89% | 20.21% | 0.27% |
Correlation
The correlation between QPX and DWUS is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020 | 0.86 |
The correlation between QPX and DWUS has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.
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Return for Risk
QPX vs. DWUS — Risk / Return Rank
QPX
DWUS
QPX vs. DWUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and AdvisorShares Dorsey Wright FSM US Core ETF (DWUS). 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.
| QPX | DWUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.13 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 0.92 | +0.81 |
| Martin ratioReturn relative to average drawdown | 6.11 | 3.26 | +2.85 |
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Drawdowns
QPX vs. DWUS - Drawdown Comparison
The maximum QPX drawdown since its inception was -34.74%, which is greater than DWUS's maximum drawdown of -30.47%. Use the drawdown chart below to compare losses from any high point for QPX and DWUS.
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Drawdown Indicators
| QPX | DWUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.74% | -30.47% | -4.27% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -14.35% | +2.79% |
Max Drawdown (3Y)Largest decline over 3 years | -17.89% | -19.63% | +1.74% |
Max Drawdown (5Y)Largest decline over 5 years | -34.74% | -26.45% | -8.29% |
Current DrawdownCurrent decline from peak | -4.69% | -10.02% | +5.33% |
Average DrawdownAverage peak-to-trough decline | -7.94% | -6.82% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 4.06% | -0.78% |
Volatility
QPX vs. DWUS - Volatility Comparison
The current volatility for AdvisorShares Q Dynamic Growth ETF (QPX) is 5.11%, while AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) has a volatility of 8.91%. This indicates that QPX experiences smaller price fluctuations and is considered to be less risky than DWUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QPX | DWUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 8.91% | -3.80% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 17.97% | -4.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 20.62% | -4.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.16% | 19.61% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.01% | 22.60% | -2.59% |
QPX vs. DWUS - Expense Ratio Comparison
QPX has a 1.46% expense ratio, which is higher than DWUS's 1.17% expense ratio.
Dividends
QPX vs. DWUS - Dividend Comparison
QPX has not paid dividends to shareholders, while DWUS's dividend yield for the trailing twelve months is around 0.03%.
| 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% |
QPX AdvisorShares Q Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.90, QPX and DWUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
DWUS has higher volatility (8.91%) compared to QPX (5.11%). In terms of maximum drawdown, QPX dropped -34.74% vs DWUS's -30.47%.
On 5-year performance, QPX leads with 10.61% vs 9.13% for DWUS. On fees, DWUS is cheaper at 1.17% per year. On volatility, QPX has been the lower-risk option at 5.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, QPX has performed better with a 10.61% return vs 9.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DWUS is cheaper with a 1.17% expense ratio, compared with 1.46% for QPX.
DWUS has the higher dividend yield at 0.03%, compared with 0.00% for QPX.
QPX is categorized as Large Cap Growth Equities, while DWUS is Diversified Portfolio. Their fees differ too: 1.46% for QPX and 1.17% for DWUS.
QPX currently has the higher Sharpe Ratio (1.26 vs 0.64), 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.
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