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AdvisorShares Madrona Global Bond ETF

Price: $27.23
Change: $0.06 (0.0%)
Category: Total Bond Market
Last Updated:


  • Issuer AdvisorShares
  • Structure ETF
  • Expense Ratio 1.31%
  • ETF Home Page Home page
  • Inception Jun 20, 2011
  • Tax Form 1099
  • Index Tracked NONE

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $24.01
  • 52 Week Hi $27.29
  • AUM $8.2 M
  • Shares 0.3 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume 652
  • 3 Month Avg. Volume 1,255

Alternative ETFs in the Total Bond Market Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BND 0.04% $52.9 B 3 M 2.53%
Largest (AUM) AGG 0.05% $74.9 B 5 M 2.47%
Most Liquid (Volume) AGG 0.05% $74.9 B 5 M 2.47%
Top YTD Performer BLV 0.07% $5.1 B 517,097 6.96%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group Category.

Number of Holdings
% Assets in Top 10
Number of Holdings

% Assets in Top 10

Sector Breakdown

Asset Percentage
Corporate debt 40.11%
Common equity 29.88%
Federal/Central debt 21.17%
Municipal debt 6.09%
ETF Cash Component 2.75%
Bond Sector Percentage
Corporate 40.11%
Non-Fixed Income 29.88%
Government/Treasury 21.17%
Municipal 6.09%
ETF Cash Component 2.75%
Bond Sector Percentage
Corporate Senior Note 31.74%
Government/Treasury Bond 21.17%
Corporate Note 7.33%
Municipal Bond 6.08%
Corporate Senior Subordinated Note 0.54%
Corporate Bond 0.03%
Corporate Junior Subordinated Note 0.03%
Corporate Unsecured Note 0.02%
Corporate Secured Bond 0.02%
Corporate Secured Note 0.02%
Corporate Junior Subordinated Debenture 0.02%
Corporate Subordinated Note 0.01%
Other 32.97%
Coupon Range Percentage
0% to 1% 0.36%
1% to 2% 0.0%
2% to 3% 10.02%
3% to 4% 11.75%
4% to 5% 7.87%
5% to 6% 17.26%
6% to 7% 9.07%
7% to 8% 5.29%
8% to 9% 2.69%
9% to 10% 1.58%
Greater Than 10% 1.49%
Non-Fixed Income 29.88%
ETF Cash Component 2.75%
Credit Percentage
AAA 21.17%
AA 0.03%
A 0.18%
BBB 1.64%
BB 17.36%
B 17.52%
Below B 6.33%
Not Rated 0.14%
Non-Fixed Income 29.88%
ETF Cash Component 2.75%
Rating Unknown 2.3%
In Default 0.71%
Maturity Percentage
Less Than 1 Year 1.49%
1-3 Years 10.63%
3-5 Years 20.63%
5-7 Years 4.54%
7-10 Years 3.43%
10-15 Years 0.97%
15-20 Years 1.2%
20-30 Years 23.54%
30+ Years 0.95%
Non-Fixed Income 29.88%
ETF Cash Component 2.75%
Asset Percentage
Corporate debt 40.11%
Common equity 29.88%
Federal/Central debt 21.17%
Municipal debt 6.09%
ETF Cash Component 2.75%

FWDB Valuation

This section shows how the P/E multiple of this ETF compares to the peer group Category.

P/E Ratio

FWDB Dividend

This section shows how the dividend yield of this ETF compares to the peer group Category.

Dividend Date
Annual Dividend Rate

Dividend Date
Annual Dividend Rate
Annual Dividend Yield

FWDB Fund Flows

This section compares the fund flows of this ETF to peers in the same Category.

1 Week Fund Flow
No Ranking Available

4 Week Fund Flow
No Ranking Available

13 Week Fund Flow
No Ranking Available

26 Week Fund Flow
$1.9 M

Year to Date Fund Flow
No Ranking Available

1 Year Fund Flow
‑$10.7 M

3 Year Fund Flow
‑$10.1 M

5 Year Fund Flow
‑$19.4 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for FWDB on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Total Bond Market with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C+ n/a
Expenses C n/a

A+ Overall Rated ETF:

Analyst Report

This ETF offers exposure to the global bond market, utilizing a number of different ETPs to construct a well-rounded fixed income portfolio. FWDB is quite a bit different than other ETFs in the Total Bond Market ETFdb Category; funds such as AGG and BND tend to include only investment grade U.S. securities, while FWDB casts a significantly wider net. Beyond Treasuries and investment grade corporates, this ETF includes high yield debt, meaningful international allocations, preferred stocks, munis and Build America Bonds, and TIPS. As such, FWDB could be useful as a one stop shop for fixed income exposure, offering investors access to thousands of individual debt securities from issuers all over the world. Alternatively, FWDB could be useful as a core fixed income holding, complemented by other positions to result in a portfolio tailored to individual risk/return preferences.

The biggest drawback of FWDB is the fees; this ETF is considerably more expensive than other bond ETFs, and the management fees represent a decent chunk of the expected yield (though FWDB is quite a bit cheaper than many bond mutual funds). It should be noted that FWDB is structured as an ETF-of-ETFs, which results in multiple layers of expense ratios. Investors looking to establish a similar return profile but avoid additional fees have the option of building a similar fixed income portfolio themselves; the underlying holdings of FWDB are liquid, transparent ETFs from a number of different issuers.

FWDB Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same Category.

Expenses Ratio Analysis

ETF Average
ETF Wtd. Average
Category Average
Expense Ratio
ESG Themes and Scores

FWDB does not have an ESG score. There are no ESG themes that map to this ETF.

FWDB Performance

This section shows how this ETF has performed relative to its peer group Category.

1 Week Return
4 Week Return
13 Week Return
26 Week Return
Year to Date Return
1 Year Return
3 Year Return
5 Year Return
1 Week Return

4 Week Return

13 Week Return

26 Week Return

Year to Date Return

1 Year Return

3 Year Return

5 Year Return

FWDB Charts

FWDB Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group Category.

5 Day Volatility
12 of 84

20 Day Volatility
20 of 85

50 Day Volatility
27 of 84

200 Day Volatility
35 of 83

15 of 84

Standard Deviation
42 of 76


  • 20 Day MA $26.88
  • 60 Day MA $26.34
  • MACD 15 Period 0.27
  • MACD 100 Period 1.20
  • Williams % Range 10 Day 14.44
  • Williams % Range 20 Day 8.57
  • RSI 10 Day 86
  • RSI 20 Day 82
  • RSI 30 Day 80
  • Ultimate Oscillator 61

Bollinger Brands

  • Lower Bollinger (10 Day) $26.77
  • Upper Bollinger (10 Day) $27.33
  • Lower Bollinger (20 Day) $26.46
  • Upper Bollinger (20 Day) $27.30
  • Lower Bollinger (30 Day) $26.22
  • Upper Bollinger (30 Day) $27.27

Support & Resistance

  • Support Level 1 $27.20
  • Support Level 2 $27.18
  • Resistance Level 1 $27.27
  • Resistance Level 2 $27.31


  • Stochastic Oscillator %D (1 Day) 25.06
  • Stochastic Oscillator %D (5 Day) 74.83
  • Stochastic Oscillator %K (1 Day) 35.68
  • Stochastic Oscillator %K (5 Day) 81.50

Fact Sheet

Fact sheets are issued by the ETF provider and framed by Information contained within the fact sheet is not guaranteed to be timely or accurate.

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