DWSH, NYSE

AdvisorShares Dorsey Wright Short ETF (DWSH)

Price (as of September 23)

10.57USD

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

DWLD

Davis Select Worldwide ETF

-0.71

DWM

WisdomTree International Equity Fund

-0.7

DYNF

BlackRock U.S. Equity Factor Rotation ETF

-0.7

DWX

SPDR S&P International Dividend ETF

-0.67

DXJ

WisdomTree Japan Hedged Equity Fund

-0.66

DXGE

WisdomTree Germany Hedged Equity Fund

-0.63

DWMF

WisdomTree International Multifactor ETF

-0.62

DWAS

Invesco DWA SmallCap Momentum ETF

-0.6

DXJS

WisdomTree Japan Hedged SmallCap Equity Fund

-0.59

DWPP

First Trust Dorsey Wright People`s Portfolio ETF

-0.53

Show more

Highest within Industry

Symbol Correlation

DXD

ProShares UltraShort Dow30

0.74

DFIC

Dimensional International Core Equity 2 ETF

0.22

DFIS

Dimensional International Small Cap ETF

0.22

DFUV

Dimensional US Marketwide Value ETF

0.21

DFSV

Dimensional US Small Cap Value ETF

0.21

AVSU

Avantis Responsible U.S. Equity ETF

0.19

DFEV

Dimensional Emerging Markets Value ETF

0.15

CEFZ

UBS AG London Branch ETRACS Monthly Pay 2X Leveraged Closed End Fd ETN Ser B 12102043

0.15

AVSD

Avantis Responsible International Equity ETF

0.14

AMOM

QRAFT AI Enhanced U.S. Large Cap Momentum ETF

0.13

Show more

Profile

Sector:
Trading--inverse Equity
Industry:
Exchange Traded Funds

Dorsey, Wright & Associates, LLC (the “Sub-Advisor”), the sub-advisor to the fund, seeks to achieve the fund’s investment objective by obtaining short exposure to investment returns of the broad U.S. large-capitalization equity market by engaging in short sales of U.S.-traded equity securities and exchange-traded funds (“ETFs”). Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in investments that create or result in short exposure to U.S. equity securities.