AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) Performance
DWUS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.8% since Dec 31, 2025
- 1 year
- +6.5% total return
- 5 years
- +8.6% a year
- Since first price
- +13.3% a year since 2019
DWUS trailing returns vs SPY, QQQ, AGG
| Period | DWUS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.0% | −2.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.9% | −1.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.3% | +3.3% | +7.8% | +8.4% | −1.5% |
| YTD | +6.8% | +6.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.5% | +6.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +65.2%+18.2%/yr | +64.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +50.7%+8.6%/yr | +48.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionDec 27, 2019 | +134.2%+13.3%/yr | +129.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DWUS vs SPY
From Dec 27, 2019: DWUS grew to $23,425, SPY to $25,888.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DWUS returns by calendar year
5 of 6 full years positive. Best 2020 (+36.0%), worst 2022 (−17.9%). 2026 is year to date.
DWUS annual returns table
| Year | DWUS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.8% | −14.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.8% | −19.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +20.3% | −13.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.6% | −9.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −17.9% | −26.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +20.2% | −12.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +36.0% | −30.5% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DWUS largest drawdowns
Now 9.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −30.5% | Mar 23, 2020 | Jun 23, 2020 | 33 days | 4 months |
| Jan 3, 2022 | −26.5% | Oct 12, 2022 | Jan 19, 2024 | 9 months | 2.0 years |
| Feb 19, 2025 | −19.6% | Apr 8, 2025 | Aug 8, 2025 | 48 days | 6 months |
| Jun 22, 2026 | −14.3% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
| Jul 10, 2024 | −13.6% | Aug 5, 2024 | Nov 7, 2024 | 26 days | 4 months |
| Feb 12, 2021 | −12.9% | Mar 8, 2021 | Jun 17, 2021 | 24 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DWUS risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +18.5% | +10.1% | +13.8% |
| Volatility (annualized) | 16.0% | 17.3% | 18.2% |
| Sharpe ratio | 0.87 | 0.44 | 0.65 |
| Sortino ratio | 1.50 | 0.65 | 1.05 |
| Best month | +11.8% | +11.8% | +13.4% |
| Worst month | −9.7% | −11.2% | −11.2% |
| Best 12 months | +34.7% | +34.7% | +58.4% |
| Worst 12 months | +5.1% | −18.5% | −18.5% |
| Positive months | 64% | 60% | 60% |
| Beta vs S&P 500 | 1.12 | 1.01 | — |
| Correlation with S&P 500 | 0.87 | 0.91 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DWUS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 71 | −18.5% | +15.3% | +58.4% | 82% |
| 3-year (a year) | 47 | +5.2% | +10.7% | +22.2% | 100% |
| 5-year (a year) | 23 | +8.3% | +11.6% | +16.8% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
DWUS performance overview
AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) returned +6.5% over the past year and +8.6% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +13.3% a year, turning $10,000 into about $23,425. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.5%, from Feb 19, 2020 to Mar 23, 2020, and it took 3 months to get back to the old high. DWUS finished 5 of its 6 full calendar years with a gain; the best year was 2020 (+36.0%) and the worst 2022 (−17.9%). Volatility has been 18.2% a year.
Related: DWUS chart, DWUS dividends. See the DWUS overview for the latest quote and fund facts.
DWUS performance FAQ
What is the DWUS return over the past year?
DWUS returned +6.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.5%.
What is the average annual return of DWUS?
DWUS has returned +8.6% a year over 5 years, +13.3% a year since December 27, 2019 (total return, distributions reinvested).
How much would $10,000 invested in DWUS be worth?
$10,000 invested in DWUS at its first recorded close on December 27, 2019 would be worth about $23,425 on October 23, 2026 with distributions reinvested.
What was the worst year for DWUS?
The worst calendar year was 2022, with a total return of −17.9%. The best was 2020 at +36.0%.
What is the biggest drawdown of DWUS?
The largest peak-to-trough decline was −30.5% between February 19, 2020 and March 23, 2020. It recovered to the old high on June 23, 2020, 3 months after the bottom.
How volatile is DWUS?
Over the past 3 years DWUS had an annualized volatility of 16.0% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).