DWMC - AdvisorShares Dorsey Wright Micro-Cap ETF
| Assets | $9.37M |
| NAV | $36.03 |
| Expense Ratio | 1.32% |
| PE Ratio | n/a |
| Beta (5Y) | 1.32 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Dec 27, 2019 |
| 1-Year Return | - |
| Trading Day | July 23 |
| Last Price | $35.98 |
| Previous Close | $36.02 |
| Change ($) | -0.04 |
| Change (%) | -0.12% |
| Day's Open | 36.05 |
| Day's Range | 35.93 - 36.18 |
| Day's Volume | 1,442 |
| 52-Week Range | 20.73 - 41.61 |
Fund Description
The investment seeks long term capital appreciation. The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing primarily in U.S.-traded equity securities consisting of common and preferred stock and American Depositary Receipts (ADRs). ADRs are securities traded on a local exchange stock exchange that represent interests in securities issued by a foreign publicly listed company. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in micro-cap securities.
| Asset Class Equity | Inception Date Jul 10, 2018 |
| Exchange NASDAQ | Ticker Symbol DWMC |
| Index Tracked Russell 3000 Index | |
Micro cap stocks are the epitome of a high risk/high reward asset class. Their returns are amplified relative to traditional small cap strategies, but the risks are high due to a lack of information on ...
While small cap stocks get plenty of attention, micro caps often go overlooked. Still, the asset class offers significant potential for risk-tolerant investors.
The Russell 2000 Index is up 5.9%, outperforming the gains of 4.8% for the S&P 400 Mid Cap Index and 1.8% for the S&P 500 Index.