ETF Evaluator:
AdvisorShares Hotel ETF ()
Follow This ETF
(as of Aug 21)
Best Performing in Consumer Cyclical Over the Last Year
| 18.2% | Invesco S&P SmallCap Cnsmr Discret ETF (PSCD) |
| 16.5% | Invesco Dynamic Leisure and Entmnt ETF (PEJ) |
| 16.5% | AdvisorShares Hotel ETF (BEDZ) |
| 15.2% | State Street® SPDR® S&P® Retail ETF (XRT) |
| 12.3% | VanEck Retail ETF (RTH) |
Risk
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Risk
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ETF Details
AdvisorShares Hotel ETF Overview
AdvisorShares Hotel ETF (BEDZ) is an actively managed Sector Equity Consumer Cyclical exchange-traded fund (ETF). AdvisorShares launched the ETF in 2021.
The investment seeks long-term capital appreciation.
The fund is an actively ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the hotel business. It may also invest in companies involved in other lodging and travel-related services. The fund invests primarily in U.S. exchange listed equity securities, including common and preferred stock, real estate investment trusts and ADRs. It is non-diversified.
About AdvisorShares Hotel ETF (BEDZ)
There are 1 members of the management team with an average tenure of 5.28 years: Dan Ahrens (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. AdvisorShares Hotel ETF has 24 securities in its portfolio. The top 10 holdings constitute 52.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
AdvisorShares Hotel ETF is part of the Equity global asset class and is within the Sector Equity ETF group. AdvisorShares Hotel ETF has 10.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 86.6% There is 10.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 2.8% (2.8% domestic bond, 0.0% foreign bond and 0.0% convertible bond). AdvisorShares Hotel ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $1 billion average for the Consumer Cyclical category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BEDZ Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The AdvisorShares Hotel ETF expense ratio is high compared to funds in the Consumer Cyclical category. AdvisorShares Hotel ETF has an expense ratio of 0.99%, which is 133% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. AdvisorShares Hotel ETF has a portfolio turnover rate of 137%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 41% for the Consumer Cyclical category.
Recently, in the month of July 2026, AdvisorShares Hotel ETF returned 0.4%, which earned it a grade of C, as the Consumer Cyclical category had an average return of -0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
AdvisorShares Hotel ETF has a trailing yield of 2.06%, which is above the 0.97% category average.
The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
AdvisorShares Hotel ETF Grades
Year to date, the ETF has returned 12.2%, 12.2 percentage points better than the category, which translates into a grade of A. The fund has returned 16.5% over the past year (grade of A), 13.0% over the past three years (grade of A) and 11.0% per year over the past five years (grade of A).
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BEDZ Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BEDZ Return (NAV) | 0.4% | 10.7% | 16.5% | 13.0% | 11.0% | na |
| BEDZ Return (Price) | 0.1% | 10.5% | 16.1% | 13.0% | 11.0% | na |
| NAV +/- Price Return | 0.267% | 0.135% | 0.400% | 0.015% | 0.057% | na |
| Consumer Cyclical Avg | -0.2% | 1.5% | 3.6% | 9.5% | 2.6% | 10.2% |
| BEDZ Grade (NAV) | C | A | A | A | A | na |
| +/- Category (NAV) | 0.6% | 9.2% | 12.9% | 3.5% | 8.4% | na |
| BEDZ Tax-Cost Ratio | na | na | 0.9% | 0.5% | 0.4% | na |
BEDZ Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BEDZ Return (NAV) | 12.2% | 3.4% | 18.3% | 24.0% | -13.2% | na | na | na | na | na | na |
| BEDZ Return (Price) | 11.9% | 3.5% | 18.3% | 23.9% | -13.4% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.023% | 0.032% | -0.001% | -0.004% | 0.013% | na | na | na | na | na | na |
| Consumer Cyclical Avg | 0.0% | 8.1% | 17.0% | 30.5% | -30.4% | 17.0% | 38.6% | 26.9% | -8.6% | 25.0% | 5.1% |
| BEDZ Grade (NAV) | A | D | C | D | A | na | na | na | na | na | na |
| +/- Category | 12.2% | -4.8% | 1.3% | -6.6% | 17.2% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.09 |
| R-Squared: | 53% |
| Standard Deviation: | 18.9% |
| Category Risk Index: | 0.93 |
| Category Risk Rating: | Average |
| Total Risk Index: | 1.54 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 2.1% |
| Total Assets: | $ 3 Mil |
| Share Class Assets: | $ 3 Mil |
| Turnover: | 137.0% |
| Expense Ratio: | 0.99% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 5.3 years | |||
| Average Tenure: 5.3 years | |||
| Managers (Year): Ahrens Dan (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 24 |
| % in Top 10 Holdings: | 52.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 10.6% |
Portfolio Allocation |
|
| Domestic Stock: | 86.6% |
| Foreign Stock: | 10.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 2.8% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | AdvisorShares |
| Phone Number: | 877-843-3831 |
| Website: | www.advisorshares.com |
| Inception Date: | April 20, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.99% (Rating: High) |
| Category Average Expense Ratio (%): | 0.43% |
