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DWSH vs QMOM

AdvisorShares Dorsey Wright Short ETF

DWSHFNasdaq

Alpha Architect U.S. Quantitative Momentum ETF

QMOMANasdaq

Overlap

Expense ratio

QMOM −3.25pt a year

DWSH3.53%QMOM0.28%

Avg volume · 30D

DWSH 3.2×the volume

DWSH64.8KQMOM20.3K

5Y return · a year

QMOM +11.3pt

DWSH−5.0%QMOM+6.3%

DWSH vs QMOM Performance

Nov 2, 2021 – Nov 2, 2026

−22.6%DWSH+36.0%QMOM

Nov 2, 2021 to Nov 2, 2026. DWSH −22.6%. QMOM +36.0%. Use the arrow keys to read each point.0%20%60%Nov 2021May 2024Nov 2026
Expense ratio
DWSH 3.53%
QMOM 0.28%, better
Fund size
DWSH $6M
QMOM $408M
1Y total return
DWSH −19.2%
QMOM +4.0%, better
Yield (12M)
DWSH 7.61%, better
QMOM 0.51%
Holdings
DWSH 2
QMOM 66
Avg volume (30D)
DWSH 64.8K sh, better
QMOM 20.3K sh
NAV per share
DWSH $5.33
QMOM $69.42
52W range

ETF.net Grade

DWSH: Cost 0, Risk 11, Mission not scored, Tradability 38, Holdings not scored, Durability 36. QMOM: Cost 86, Risk 38, Mission not scored, Tradability 78, Holdings 77, Durability 88.
Pillar letters and Scores for DWSH, QMOM, with each pillar’s weight
PillarDWSHQMOM
Cost30% weightF0A86Higher
Mission25% weightNot scoredNot scored
Risk15% weightF11D38Higher
Tradability15% weightD38A78Higher
Holdings10% weightNot scoredA77
Durability5% weightD36A88Higher

Rank among US Active Momentum funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DWSH and QMOM are both graded against the same 20 US Active Momentum funds, so their Grades compare head to head.

US Active Momentum⁠

Category · 20 funds
See all 20 ›

QMOM ranks 4th and DWSH 20th of 20 funds in the US Active Momentum Category.

  1. Rank 1AJMOMJPMorgan U.S. Momentum Factor ETFScore 86
  2. Rank 2ASEIMSEI QiM U.S. Large Cap Momentum Active ETFScore 81
  3. Rank 3AVFMOVanguard U.S. Momentum Factor ETFScore 78
  4. Rank 4AQMOMAlpha Architect U.S. Quantitative Momentum ETFScore 73
  5. Rank 5BFMTMMarketDesk Focused U.S. Momentum ETFScore 66
  6. Rank 19DDWUSAdvisorShares Dorsey Wright FSM U.S. Core ETFScore 26
  7. Rank 20FDWSHAdvisorShares Dorsey Wright Short ETFScore 14

Our read on each fund

ETF.net Research

DWSHFAdvisorShares Dorsey Wright Short ETF

QMOMAAlpha Architect U.S. Quantitative Momentum ETF

In short

DWSH A momentum toolkit pointed the other way. DWSH is an actively managed, short-only ETF that uses Dorsey Wright relative strength to short the weakest large-cap US names, framed by its issuer as a hedge for a long stock book rather than a core holding.

QMOM Momentum, undiluted. Where most factor funds spread the bet across hundreds of names, QMOM concentrates on roughly 50 of the strongest-trending U.S. stocks, with a quality screen layered on top.

Stated mandate

DWSH DWSH uses an actively managed relative-strength process to short securities with the weakest relative strength, primarily among large-cap U.S.-traded equities. It is intended to hedge long equity exposure and pursue positive returns when equity markets decline.

QMOM QMOM seeks long-term capital appreciation by maintaining consistent exposure to the strongest-momentum stocks in the U.S. market.

Why people hold it

  • DWSH Short-only and actively managed: the same relative-strength ranking momentum funds use to buy leaders, run in reverse to short the weakest large-cap US names.
  • Roughly 100 short positions handled inside one brokerage ticket, with no margin account or stock borrow for you to arrange.
  • The fund's own objective frames it as a counterweight to long equity exposure, aiming to gain ground when stocks fall.
  • Trading since 2018, so there is a multi-year live record of how this short book behaves in real markets.
  • QMOM At 0.28% a year, it costs well under the typical fee in its systematic momentum peer group.
  • About 50 holdings, not hundreds: a concentrated take on U.S. momentum, with a quality screen applied alongside the trend ranking.alphaarchitect.com
  • Live since 2015, so the strategy has a decade-plus public record, and it ranks in the upper half of its momentum cohort.

Worth knowing

  • DWSH Cost is the headline trade-off: a 6.66% expense ratio, against index momentum funds like MTUM at 0.15% and SPMO at 0.13%.
  • A short book is built to move against the market, so rising equity prices work against it by design.
  • Small asset base and only moderate trading activity, so bid-ask spreads can run wider than in the large momentum ETFs.
  • QMOM Concentration cuts both ways. With about 50 names, results can swing well away from the broad market and from diversified momentum funds.
  • It trades thinly next to giants like MTUM and SPMO, so spreads can run wider, especially in fast markets.
  • Cheap for a quant-run fund, but broad index momentum peers such as JMOM (0.12%) and VFMO (0.13%) are cheaper still.

Full DWSH profile⁠

Full QMOM profile⁠

DWSH vs QMOM Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DWSH vs QMOM Cost

Overpaying DWSH vs QMOM

$42,543

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

  • DWSH 3.53%

    $48,298

  • QMOM 0.28%

    $5,755

$10,000
30 years

Cost over time

  • DWSH 3.53%
  • QMOM 0.28%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530DWSH $48,298QMOM $5,755

Year by year

YearDWSHQMOMOverpaying
10$5,606$509$5,097
20$18,914$1,976$16,938
30$48,298$5,755$42,543

Expense ratio

  • 3.53%DWSH
  • 0.28%QMOM, cheaper
  • Middle half of US Active Momentum funds
  • Median 0.64%

QMOM 4th cheapest of 20 funds

DWSH 20th cheapest of 20 funds

DWSH vs QMOM Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DWSH 7.61%, better
QMOM 0.51%
Payout (12M)
DWSH $0.41
QMOM $0.35
Last payment
DWSH $0.41
QMOM $0.35
Ex-dividend
DWSH Dec 22, 2025
QMOM Dec 23, 2025
Paid on
DWSH Dec 29, 2025
QMOM Dec 24, 2025
Frequency
DWSH Annual
QMOM Annual

Distribution history

Per share, 2017 to 2026, same scale for both

DWSHAnnual · 5 paymentsAll DWSH payments⁠
One bar per payment. 5 payments from 2017 to 2026 YTD. Dec 27, 2018 $0.04; Dec 27, 2019 $0.03; Dec 26, 2023 $0.72; Dec 23, 2024 $0.43; Dec 22, 2025 $0.41. Use the arrow keys to read each point.$0$12017202020232026YTD
QMOMAnnual · 10 paymentsAll QMOM payments⁠
One bar per payment. 10 payments from 2017 to 2026 YTD. Mar 20, 2017 $0.01; Jun 19, 2017 $0.03; Dec 27, 2018 $0.01; Mar 18, 2019 $0.002; Mar 16, 2020 $0.04; Dec 30, 2021 $0.06; Dec 29, 2022 $0.73; Dec 20, 2023 $0.44; Dec 24, 2024 $0.90; Dec 23, 2025 $0.35. Use the arrow keys to read each point.$0$12017202020232026YTD

DWSH vs QMOM Risk

Fall from peak · 5 years

  • DWSH
  • QMOM
Nov 2, 2021 to Nov 2, 2026. Worst fall: DWSH −40.1% · Nov 2026. Use the arrow keys to read each point.−40%−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
DWSH 20.1%QMOM 20.0%, better
Return per unit of riskSharpe ratio, 3 years
DWSH −0.75QMOM 0.84, better
Worst fallMax drawdown, 5 years
DWSH −40.1%QMOM −26.8%, better
Market sensitivityBeta, 5 years
DWSH −1.07QMOM 1.32

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