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DWUSvsSPXNETF Comparison

ETF 1

DWUS

AdvisorShares Dorsey Wright FSM US Core ETF

This fund is part of

Multi-Asset: Other

+0.22%

Full DWUS fund page

VS

ETF 2

SPXN

ProShares S&P 500 Ex-Financials ETF

This fund is part of

US Large Cap

+0.43%

Full SPXN fund page

AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) belongs to the Multi-Asset: Other segment. ProShares S&P 500 Ex-Financials ETF (SPXN) is part of the US Large Cap segment. DWUS's top 3 sector exposures are Technology, Consumer Non-Cyclicals and Industrials. In contrast, SPXN's top sector exposures are Technology, Healthcare and Consumer Non-Cyclicals. DWUS is more expensive with a Total Expense Ratio (TER) of 1.08%, versus 0.13% for SPXN. DWUS is up 8.8% year-to-date (YTD) with -$6M in YTD flows. SPXN performs better with 13.86% YTD performance, and +$98K in YTD flows. Run a side-by-side ETF comparison of DWUS and SPXN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DWUS vs SPXN performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	DWUS SPXN	+1.53%+1.11%	-3.98%-0.47%	+8.80%+13.86%	+15.37%+22.92%	+58.33%+77.92%	+55.03%+85.23%
Flows	DWUS SPXN	+$260K+$828K	-$3M+$828K	-$6M+$98K	-$13M+$8M	-$20M+$5M	-$27M+$34M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	DWUS SPXN	+29.66%+15.20%	+20.97%+13.81%	+19.62%+15.79%	+19.28%+17.56%
Max drawdown	DWUS SPXN	-14.32%-5.73%	-14.32%-9.16%	-19.87%-19.44%	-26.28%-24.54%
Max drawdown duration	DWUS SPXN	71d62d	71d75d	169d126d	725d708d

Trading data

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	DWUS	SPXN
Last sale 9/3/2026 at 1:30 PM	$59.46	$83.69
Previous close 09/02/2026	$59.22	$83.27
Consolidated volume 09/02/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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DWUS

is actively managed and doesn’t replicate an index

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	DWUS	SPXN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/3/2026 at 1:30 PM

Live

Closed

	DWUS	SPXN
Last price	$59.46	$83.69
1D performance	+0.40%	+0.51%
AuM	$121.03 M	$79.53 M
E/R	1.08%	0.13%

Characteristics

	DWUS	SPXN
Management strategy	Active	Passive
Provider	AdvisorShares	ProShares
Benchmark	-	S&P 500 Ex-Financials Index
N° of holdings	193	388
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 26, 2019	September 22, 2015
ESG	No	No

More DWUS data on Trackinsight

More SPXN data on Trackinsight

Exposure

Countries

DWUS

USA

94.02%

Other

5.98%

SPXN

USA

96.29%

Other

3.71%

Sectors

DWUS

Technology

58.7%

Consumer Non-Cycl.

8.9%

Industrials

8.28%

Other

24.13%

SPXN

Technology

51.6%

Healthcare

10.55%

Consumer Non-Cycl.

10.42%

Industrials

9.17%

Other

18.26%

Diversification

DWUS

Total weight of top 15 holdings out of 15

46.15%

SPXN

Total weight of top 15 holdings out of 15

48.9%

Top 15 holdings

Data as of July 31, 2026

DWUS

Micron Technology, Inc.

5.10%

Apple, Inc.

4.32%

Advanced Micro Devices, Inc.

4.27%

NVIDIA Corp.

4.00%

Broadcom Inc.

3.86%

Intel Corp.

3.02%

Alphabet, Inc.

2.90%

Walmart, Inc.

2.65%

Alphabet, Inc.

2.53%

Microsoft Corp.

2.52%

Applied Materials, Inc.

2.35%

Lam Research Corp.

2.32%

Cisco Systems, Inc.

2.30%

Amazon.com, Inc.

2.12%

US30233Q1085

1.89%

SPXN

Apple, Inc.

9.07%

NVIDIA Corp.

8.73%

Microsoft Corp.

5.31%

Amazon.com, Inc.

4.15%

Alphabet, Inc.

3.51%

Broadcom Inc.

3.33%

Alphabet, Inc.

2.83%

Meta Platforms, Inc.

2.39%

Micron Technology, Inc.

1.86%

Eli Lilly & Co.

1.74%

Tesla, Inc.

1.60%

Advanced Micro Devices, Inc.

1.48%

Johnson & Johnson

1.17%

Walmart, Inc.

0.90%

AbbVie, Inc.

0.83%

Frequently asked questions about DWUS and SPXN

How have the DWUS and SPXN ETFs performed in 2026?

As of September 1, 2026, DWUS is up 8.8% year-to-date (YTD), while SPXN has returned 13.86%. That puts SPXN better performer ahead so far this year.

Which ETF is attracting more investor money: DWUS or SPXN?

Year-to-date, the DWUS ETF saw -$6M in flows, compared to +$98K for SPXN.

Which ETF is more volatile: DWUS or SPXN?

Over the past year, DWUS had a volatility of 20.97%, while SPXN experienced 13.81%.

Which ETF is bigger: DWUS or SPXN?

As of September 1, 2026, DWUS holds $121.03 M in assets under management (AUM), while SPXN manages $79.53 M.

What sectors do the DWUS and SPXN ETFs invest in?

DWUS leans toward sectors like Technology, Consumer Non-Cyclicals and Industrials. Meanwhile, SPXN focuses on Technology, Healthcare and Consumer Non-Cyclicals.

What are the top holdings of the DWUS ETF and SPXN ETF?

DWUS top holdings include Micron Technology, Inc., Apple, Inc. and Advanced Micro Devices, Inc.. SPXN holds in its top three: Apple, Inc., NVIDIA Corp. and Microsoft Corp..

Which ETF is more diversified: DWUS or SPXN?

DWUS holds 199 securities with 46.15% of its assets in the top 15. SPXN has 392 securities and a top 15 weight of 48.9%.

Simeon Hyman on the ProShares S&P 500 Ex-Financials ETF (SPXN)

May 15, 2023

SPXN

DWUSvsSPXNETF Comparison

AdvisorShares Dorsey Wright FSM US Core ETF

ProShares S&P 500 Ex-Financials ETF

DWUS vs SPXN performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the DWUS and SPXN ETFs performed in 2026?

As of September 1, 2026, DWUS is up 8.8% year-to-date (YTD), while SPXN has returned 13.86%. That puts SPXN better performer ahead so far this year.

Which ETF is attracting more investor money: DWUS or SPXN?

Year-to-date, the DWUS ETF saw -$6M in flows, compared to +$98K for SPXN.

Which ETF is more volatile: DWUS or SPXN?

Over the past year, DWUS had a volatility of 20.97%, while SPXN experienced 13.81%.

Which ETF is bigger: DWUS or SPXN?

As of September 1, 2026, DWUS holds $121.03 M in assets under management (AUM), while SPXN manages $79.53 M.

What sectors do the DWUS and SPXN ETFs invest in?

DWUS leans toward sectors like Technology, Consumer Non-Cyclicals and Industrials. Meanwhile, SPXN focuses on Technology, Healthcare and Consumer Non-Cyclicals.

What are the top holdings of the DWUS ETF and SPXN ETF?

DWUS top holdings include Micron Technology, Inc., Apple, Inc. and Advanced Micro Devices, Inc.. SPXN holds in its top three: Apple, Inc., NVIDIA Corp. and Microsoft Corp..

Which ETF is more diversified: DWUS or SPXN?

DWUS holds 199 securities with 46.15% of its assets in the top 15. SPXN has 392 securities and a top 15 weight of 48.9%.

Simeon Hyman on the ProShares S&P 500 Ex-Financials ETF (SPXN)

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