AdvisorShares Ownership
| DWEQ Etf | USD 17.39 0.00 0.00% |
AdvisorShares |
AdvisorShares Etf Ownership Analysis
The fund retains 89.11% of assets under management (AUM) in equities. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a concentrated portfolio of U.S. equity securities selected from a universe of the largest 1,000 U.S. equity securities based on market capitalization. Advisorshares Dorsey is traded on NASDAQ Exchange in the United States. To learn more about AdvisorShares call the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on AdvisorShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AdvisorShares , and the less return is expected.
Top Etf Constituents
| PINS | Stock | ||
| WEC | WEC Energy Group | Stock | |
| GNRC | Generac Holdings | Stock | |
| ETR | Entergy | Stock | |
| CMG | Chipotle Mexican Grill | Stock | |
| TTD | Trade Desk | Stock | |
| AOS | Smith AO | Stock | |
| WMS | Advanced Drainage Systems | Stock | |
| IDA | IDACORP | Stock | |
| SNAP | Snap Inc | Stock | |
| CZR | Caesars Entertainment | Stock | |
| MGM | MGM Resorts International | Stock | |
| TRGP | Targa Resources | Stock | |
| W | Wayfair | Stock | |
| AYX | Alteryx | Stock | |
| FISV | Fiserv Inc | Stock | |
| APO | Apollo Global Management | Stock | |
| BURL | Burlington Stores | Stock | |
| NOW | ServiceNow | Stock | |
| AVGO | Broadcom | Stock | |
| HUM | Humana Inc | Etf | |
| BLD | Topbuild Corp | Stock | |
| MPWR | Monolithic Power Systems | Stock | |
| BX | Blackstone Group | Stock | |
| DXCM | DexCom Inc | Stock | |
| ROST | Ross Stores | Stock | |
| LB | LandBridge Company LLC | Stock | |
| AAPL | Apple Inc | Stock |
Pair Trading with AdvisorShares
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AdvisorShares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AdvisorShares will appreciate offsetting losses from the drop in the long position's value.Moving against AdvisorShares Etf
| 0.88 | VUG | Vanguard Growth Index | PairCorr |
| 0.88 | IWF | iShares Russell 1000 | PairCorr |
| 0.88 | VONG | Vanguard Russell 1000 | PairCorr |
| 0.88 | MGK | Vanguard Mega Cap | PairCorr |
| 0.88 | VRGWX | Vanguard Russell 1000 | PairCorr |
The ability to find closely correlated positions to AdvisorShares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AdvisorShares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AdvisorShares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AdvisorShares to buy it.
The correlation of AdvisorShares is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AdvisorShares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AdvisorShares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AdvisorShares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of AdvisorShares is measured differently than its book value, which is the value of AdvisorShares that is recorded on the company's balance sheet. Investors also form their own opinion of AdvisorShares' value that differs from its market value or its book value, called intrinsic value, which is AdvisorShares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AdvisorShares' market value can be influenced by many factors that don't directly affect AdvisorShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AdvisorShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if AdvisorShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AdvisorShares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.