• Mon. Jun 17th, 2024

CWS ETF: The Strategy Still Lags The Market (NYSEARCA:CWS)

Vasily Zyryanov profile picture


One dollar bill

malerapaso

Today’s article is supposed to provide an updated analysis of the AdvisorShares Focused Equity ETF (NYSEARCA:CWS), an actively managed vehicle that I previously covered in August 2023. In the review, I would like to pay special attention to

Stock Weight (as of August 18, 2023) YTD price return (as of April 16, 2024)
Carrier Global Corporation (CARR) 4.56% -4.87%
Danaher (DHR) 3.38% 3.92%
The Middleby Corporation (MIDD) 3.70% -3.21%
Stepan (SCL) 2.89% -12.7%
Trex Company (TREX) 5.68% 8.04%

Symbol Weight YTD price return (2024)
Federal Agricultural Mortgage Corporation (AGM) 3.7% -6.8%
Amphenol (APH) 4.4% 13.2%
American Water Works Company (AWK) 3.5% -13.61%
McGrath RentCorp (MGRC) 3.7% -6.45%
Rollins (ROL) 3.9% -0.57%

Metric August 2023 April 2024
Market Cap $51.097 billion $54.68 billion
EY 4.42% 4.87%
EPS Fwd 6.26% 8.68%
Revenue Fwd 5.79% 6.60%
P/S 4.74 5.22
Cash Flow/EV 3.60% 3.57%
ROA 8.4% 8.7%
Quant Valuation D+ or lower 86.67% 91.2%
Quant Profitability B- or better 82.74% 87.1%

Portfolio CWS IVV
Initial Balance $10,000 $10,000
Final Balance $26,125 $27,635
CAGR 13.66% 14.51%
Stdev 17.08% 16.33%
Best Year 30.97% 31.25%
Worst Year -10.42% -18.16%
Max. Drawdown -22.96% -23.93%
Sharpe Ratio 0.73 0.8
Sortino Ratio 1.19 1.24
Market Correlation 0.91 1
Downside Capture 91.27% 96.85%
Upside Capture 93.38% 100.25%



Source link