CWS vs FIAX

Comparison between ADVISORSHARES FOCUSED EQUITY ETF (CWS, ETF) and NICHOLAS FIXED INCOME ALTERNATIVE ETF (FIAX, ETF).

CWS vs FIAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CWS(ETF)	FIAX(ETF)
Net Assets	$133M	$133M
Expense Ratio	0.65%	0.97%
Max Drawdown	33.82%	13.81%
Sharpe Ratio	-0.14	0.25
5Y Beta	0.67	0.15
P/E Ratio	23.50	N/A
Forward P/E	19.79	N/A
PEG Ratio	0.68	N/A
5Y Dividends CAGR	32.22%	N/A
5Y EPS CAGR	24.56%	N/A
Debt to Equity	47.52%	N/A
P/S Ratio	1.40	N/A
P/B Ratio	5.65	N/A

Net Assets

Winner

CWS

$133M

FIAX

$133M

Expense Ratio

Winner

CWS

0.65%

FIAX

0.97%

Max Drawdown

CWS

33.82%

Winner

FIAX

13.81%

Sharpe Ratio

CWS

-0.14

Winner

FIAX

0.25

5Y Beta

CWS

0.67

Winner

FIAX

0.15

P/E Ratio

CWS

23.50

FIAX

N/A

Forward P/E

CWS

19.79

FIAX

N/A

PEG Ratio

CWS

0.68

FIAX

N/A

5Y Dividends CAGR

CWS

32.22%

FIAX

N/A

5Y EPS CAGR

CWS

24.56%

FIAX

N/A

Debt to Equity

CWS

47.52%

FIAX

N/A

P/S Ratio

CWS

1.40

FIAX

N/A

P/B Ratio

CWS

5.65

FIAX

N/A

CWS vs FIAX - Historical Returns

Returns include dividend reinvestment.

Period	CWS	FIAX
1 month	+2.24%	+0.38%
3 months	+5.14%	+2.43%
6 months	-1.52%	+1.33%
1 year	+0.72%	+4.52%
5 years(CAGR)	+8.62%	N/A
10 years(CAGR)	+11.45%	N/A
Max(CAGR)	+11.45%	+3.26%

Winner

CWS

+2.24%

FIAX

+0.38%

Winner

CWS

+5.14%

FIAX

+2.43%

CWS

-1.52%

Winner

FIAX

+1.33%

CWS

+0.72%

Winner

FIAX

+4.52%

5Y(CAGR)

CWS

+8.62%

FIAX

N/A

10Y(CAGR)

CWS

+11.45%

FIAX

N/A

Max(CAGR)

Winner

CWS

+11.45%

FIAX

+3.26%

CWS vs FIAX - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	CWS	FIAX
2026	+0.22%	+1.33%
2025	+6.52%	+2.71%
2024	+10.75%	+4.87%
2023	+24.69%	+3.44%
2022	-8.78%	-0.30%
2021	+23.04%	N/A
2020	+17.50%	N/A
2019	+30.28%	N/A
2018	-6.53%	N/A
2017	+19.95%	N/A
2016	+3.01%	N/A

CWS vs FIAX Drawdown Comparison

The maximum drawdown for CWS was -33.82%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The maximum drawdown for FIAX was -6.26%, occurring on Apr 21, 2025. Recovery took 229 trading sessions.

The current CWS drawdown is -4.21%. The current FIAX drawdown is -0.15%.

Rank	CWS	FIAX
#1	-33.82% Feb 19, 2020 - Aug 12, 2020	-6.26% Dec 11, 2024 - Nov 11, 2025
#2	-24.87% Dec 31, 2021 - Jun 15, 2023	-2.97% Aug 31, 2023 - Dec 8, 2023
#3	-18.40% Sep 13, 2018 - Jun 5, 2019	-2.40% Feb 10, 2026 - Apr 15, 2026
#4	-16.56% Nov 29, 2024 - Jan 12, 2026	-1.98% Nov 7, 2024 - Nov 29, 2024
#5	-13.07% Aug 1, 2023 - Dec 1, 2023	-1.71% Feb 1, 2024 - May 15, 2024
#6	-11.92% Jan 16, 2026 - Mar 30, 2026	-1.52% Dec 1, 2022 - Feb 23, 2023
#7	-9.59% Jan 29, 2018 - Jul 26, 2018	-1.52% May 6, 2026 - May 19, 2026
#8	-6.59% Sep 2, 2020 - Oct 9, 2020	-1.21% Oct 14, 2024 - Nov 7, 2024
#9	-6.48% Oct 14, 2020 - Nov 6, 2020	-1.14% Jan 15, 2026 - Feb 9, 2026
#10	-6.20% Mar 28, 2024 - May 15, 2024	-1.12% Nov 11, 2025 - Nov 26, 2025
#11	-6.11% Sep 2, 2021 - Oct 29, 2021	-1.08% Aug 23, 2024 - Sep 13, 2024
#12	-5.77% Jan 8, 2021 - Mar 15, 2021	-0.93% Jul 31, 2024 - Aug 13, 2024
#13	-4.79% Apr 23, 2021 - Jul 29, 2021	-0.71% Sep 19, 2024 - Oct 14, 2024
#14	-4.51% Sep 22, 2016 - Nov 10, 2016	-0.69% Aug 14, 2023 - Aug 28, 2023
#15	-4.34% Jul 26, 2019 - Sep 6, 2019	-0.65% Apr 17, 2026 - May 6, 2026

Correlation

Correlation between CWS and FIAX is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2016 - 2026)

CWS vs FIAX dividend yield comparison.

Year	CWS	FIAX
2026	0.00%	3.36%
2025	0.31%	8.17%
2024	0.59%	8.11%
2023	0.25%	4.81%
2022	0.50%	0.00%
2021	0.16%	0.00%
2020	0.27%	0.00%
2019	0.39%	0.00%
2018	2.07%	0.00%
2017	0.29%	0.00%
2016	0.03%	0.00%