# AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW) — Overview

DWAW · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/dwaw

## Price

Last close $49.98 on Oct 15, 2026. 52-week range $41.45 – $51.92.

## Fund profile

DWAW is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation.

| Metric | Value |
| --- | --- |
| Issuer | AdvisorShares |
| Industry | — |
| Inception | Dec 26, 2019 |
| Assets under management | $90.9M |
| Expense ratio | 1.23% |
| Net asset value | $49.97 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW)?

DWAW is an actively managed fund of funds that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation.

### What is DWAW's expense ratio?

AdvisorShares Dorsey Wright FSM All Cap World ETF charges an annual expense ratio of 1.23%. The fund is issued by AdvisorShares.

### How large is DWAW?

AdvisorShares Dorsey Wright FSM All Cap World ETF manages $90.9M in assets and has traded since Dec 26, 2019.

### How do I buy shares of AdvisorShares Dorsey Wright FSM All Cap World ETF (DWAW)?

DWAW trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).