DWAW, NYSE

AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW)

Price (as of September 23)

29.2492USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

DXD

ProShares UltraShort Dow30

-0.8

DWSH

AdvisorShares Dorsey Wright Short ETF

-0.52

DVYA

iShares Asia/Pacific Dividend ETF

-0.23

DURA

VanEck Morningstar Durable Dividend ETF

-0.21

DVYE

iShares Emerging Markets Dividend ETF

-0.21

FMF

First Trust Managed Futures Strategy Fund

-0.2

DTD

WisdomTree U.S. Total Dividend Fund

-0.19

DSTL

Distillate U.S. Fundamental Stability & Value ETF

-0.19

FUTY

Fidelity MSCI Utilities Index ETF

-0.19

DTH

WisdomTree International High Dividend Fund

-0.18

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Highest within Industry

Symbol Correlation

DYNF

BlackRock U.S. Equity Factor Rotation ETF

0.88

DWAS

Invesco DWA SmallCap Momentum ETF

0.83

DWUS

AdvisorShares Dorsey Wright FSM US Core ETF

0.82

DWMF

WisdomTree International Multifactor ETF

0.81

DWLD

Davis Select Worldwide ETF

0.79

DWEQ

AdvisorShares Dorsey Wright Alpha Equal Weight ETF

0.78

DWX

SPDR S&P International Dividend ETF

0.75

DXJ

WisdomTree Japan Hedged Equity Fund

0.7

DXJS

WisdomTree Japan Hedged SmallCap Equity Fund

0.65

DXGE

WisdomTree Germany Hedged Equity Fund

0.64

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Profile

Sector:
Large Growth
Industry:
Exchange Traded Funds

The fund is an actively managed exchange-traded fund (“ETF”) that is primarily a “fund of funds.” The Advisor seeks to achieve it’s investment objective by investing in ETFs that invest primarily in domestic and foreign equity securities of any capitalization, including in emerging markets. The fund invests in fixed income ETFs with a short or ultra-short duration, money market funds, cash and cash equivalents (“Defensive Investments”). It may invest in affiliated and unaffiliated ETFs.