DWCR Arrow DWA Country Rotation ETF

Seeks to track, before fees and expenses, the Dorsey Wright Country and Stock Momentum Index. The Index has a relative strength focus that looks for the 10 strongest performing countries among a universe of 41 countries. Once the country is identified, the Index identifies 10 companies that demonstrate powerful relative strength characteristics within that country. The Index is equally weighted and rebalanced and reconstituted quarterly. If only 5 securities qualify for a certain country, all 5 are added to the index and equally weighted at 2%. As a result, each country is equally weighted in the Index, but the individual securities may have different weights. To be eligible for the Index, the security must be ranked in the top 3000 listed securities by market capitalization.

$26.80  -0.30 (-1.12%)
As of 03/24/2023 10:00:10 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     Arrow Shares
Category1:  Global Equity
Category2:  Global ex-US
Category3:  Large and mid cap
Morningstar category:  Foreign Large Blend
Leverage factor:  1.00
Inception date:  12/29/2017
Index tracking method: Passive replication
Current yield:  5.80%
Historical average yield:  2.39%
Market cap:  $9,485,840
Average volume:  908
Fees:     1.3400%

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Index Information

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Dorsey Wright Country and Stock Momentum Index
Index symbol:  DWACSM
Provider:   NASDAQ OMX
Total return index symbol:  DWACSMT
Index weighting:   Equal weighted
Index inception date:  12/05/2017
Backtesting data exists:   No
Number of holdings:  87  (as of 12/30/2017)
Rebalanced:  Quarterly
Reconstituted:  Quarterly
Factors used to select securities:
Momentum