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Launched · SEC filings

AdvisorShares Q Dynamic Growth ETF

QPXNYSE ArcaAdvisorSharesF

$45.97−0.09 (−0.19%)

As of Nov 2, 2026, 3:59 PM ET

F23/ 100

Rank 43 of 46 in Tactical Allocation

F23/100Rank 43 of 46inTactical Allocation
Intraday session: down, 78 prints from 46.05 to 45.97. Range 45.95 to 46.80. Use the arrow keys to read each point.46.2046.4046.6046.8010 AM12 PM2 PM4 PM
Expense ratio
1.77%*
Fund size
$32M
1Y total return
+4.0%
Yield · Last 12 months
No data
Holdings
8
Avg volume · 30D
3.08K sh
52W range
low $41.16high $49.85
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Nov 1, 2027. Without it: 1.86%.

The ETF.net QPX Grade

Based on 5 of 6 pillars

F

Score 23 out of 100

Category
Tactical Allocation⁠
Rank
43 of 46
Six-pillar profile for QPX. Scores out of 100: Cost 3, Risk 32, Mission not scored, Tradability 33, Holdings 37, Durability 55. Strongest: Durability (55). Weakest: Cost (3). Based on 5 of 6 pillars.

Score 23 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F3 out of 100
    Rank 44 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D32 out of 100
    Rank 37 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D33 out of 100
    Rank 36 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D37 out of 100
    Rank 33 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 26 of 46

Our read on QPX

ETF.net Research

In short

FA one-ticker tactical mix: it owns other ETFs across stocks, bonds, commodities and volatility products, pursuing equity-like growth until implied volatility turns abnormal, then shifting defensive. Actively run, and priced like it.

Stated mandate

The Fund seeks long-term growth. It actively allocates among ETFs spanning equities, bonds, commodities, volatility products and other asset classes, normally pursuing equity-like returns but moving defensively when implied volatility is abnormal.

Why people hold it

  • Stocks, bonds, commodities and volatility products in a single holding, with a manager free to move the mix instead of sitting in a fixed allocation.advisorshares.com
  • The defense switch is written into the mandate, not the marketing: abnormal implied volatility is the documented cue to move the portfolio defensively.advisorshares.com
  • Trading since December 2020, so there is a multi-year live record to inspect instead of a backtest.advisorshares.com

Worth knowing

  • The 1.76% annual fee is a heavy lift. Tactical cohort peers such as ENDW (0.22%) and ONOF (0.39%) charge a fraction of it.
  • Small and thinly traded, so spreads can be wide and a big order can move the price. Limit orders are the norm here.
  • No published benchmark to measure it against, so results ride on one team's volatility read rather than a rule you can check yourself.

QPX Performance

Launched Dec 28, 2020

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
QPX$10,395
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. QPX $10,395. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for QPX. Periods over one year show the average yearly return.
PeriodQPX
Year to date+3.4%
1 month−4.6%
3 months−2.8%
1 year+4.0%
3 yearsper year+19.2%
5 yearsper year+9.0%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QPX
YearReturn barQPX
2026 YTD+3.4%
2025+24.1%
2024+17.3%
2023+44.6%
2022−30.9%
2021+22.3%
2020+0.4%

History from Dec 29, 2020

QPX in the news

QPX Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

QPX Risk

Risk pillarD32 out of 100Rank 37 of 46 in Tactical Allocation
How much the fund’s monthly returns vary, scaled to a year.
13.1%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.08
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−34.7%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.20
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

QPX Cost

Compare QPX and ENDW

Overpaying vs ENDW, cheapest in Tactical Allocation

$25,413

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • QPX 1.77%

    $29,971

  • ENDW 0.22% Cheapest

    $4,558

$10,000
30 years

Cost over time

  • QPX 1.77%
  • ENDW 0.22%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530QPX $29,971ENDW $4,558

Year by year

YearQPXENDWOverpaying
10$3,022$401$2,621
20$10,977$1,561$9,416
30$29,971$4,558$25,413
How the 1.77% is worked out

Full fee 1.86%− waiver 0.09%= you pay 1.77%

The waiver ends Nov 1, 2027. After that the fee is 1.86% unless AdvisorShares renews it. Source: prospectus, Oct 2026.

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