DWEQAdvisorShares Dorsey Wright Alpha Equal Weight ETF
DWEQ Fund Description
DWEQ is an actively managed fund of funds that follows a quantitative proprietary model based on momentum indicators and seeks long-term capital appreciation.
DWEQ Factset Analytics Insight
DWEQ is an actively managed fund of funds. The portfolio follows a quantitative proprietary model that utilizes a two-factor approach to invest in top-ranked large-cap US equities on an equal-weighted basis. In constructing the model, industry sectors are first measured and ranked based on their relative strength. Individual stocks are then selected from the top three sectors based on relative strength, with stocks demonstrating both bullish signal and upward momentum ranked higher. DWEQ systematically reviews and rotates into the highest ranked sectors by reallocating to the highest ranked stocks in those sectors. The fund will hold a concentrated portfolio of 50 stocks. Securities are sold when they fall below a predetermined rank threshold or when their relative sector is no longer in the top three rankings. The portfolio is rebalanced monthly. DWEQ will allocate to cash or short term fixed income based on overall market momentum versus cash.
DWEQ MSCI ESG Analytics Insight
AdvisorShares Dorsey Wright Alpha Equal Weight ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.69 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. AdvisorShares Dorsey Wright Alpha Equal Weight ETF ranks in the 41st percentile within its peer group and in the 50th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
DWEQ Summary Data
DWEQ Portfolio Data
DWEQ Index Data
DWEQ Portfolio Management
DWEQ Tax Exposures
DWEQ Fund Structure
DWEQ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DWEQ. DWEQ is rated a 4 out of 5.
DWEQ Sector/Industry Breakdown
DWEQ Top 10 Holdings[View All]
DWEQ Economic Development
DWEQ Performance Statistics
DWEQ MSCI ESG Ratings
DWEQ Benchmark Comparison Summary
DWEQ Benchmark Comparison Market Cap Size