ETF Evaluator:
AdvisorShares Insider Advantage ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Mid-Cap Blend Over the Last Year
| 58.8% | Castellan Targeted Equity ETF (CTEF) |
| 53.8% | Invesco S&P Spin-Off ETF (CSD) |
| 43.0% | Counterpoint Quantitative Equity ETF (CPAI) |
| 40.8% | Optimize Strategy Index ETF (OPTZ) |
| 37.3% | Tema U.S. Manufacturing & Reshoring ETF (WELD) |
Risk
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Risk
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ETF Details
AdvisorShares Insider Advantage ETF Overview
AdvisorShares Insider Advantage ETF (SURE) is an actively managed U.S. Equity Mid-Cap Blend exchange-traded fund (ETF). AdvisorShares launched the ETF in 2011.
The investment seeks to generate long-term capital appreciation.
The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by primarily investing in a portfolio of U.S. traded companies selected from a universe of the largest 3,000 U.S. equity securities based on market capitalization.
About AdvisorShares Insider Advantage ETF (SURE)
There are 1 members of the management team with an average tenure of 3.92 years: Dan Ahrens (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Russell 3000 TR USD index with a weighting of 100%. AdvisorShares Insider Advantage ETF has 102 securities in its portfolio. The top 10 holdings constitute 15.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
AdvisorShares Insider Advantage ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. AdvisorShares Insider Advantage ETF has 1.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.6% There is 1.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.2% (0.2% domestic bond, 0.0% foreign bond and 0.0% convertible bond). AdvisorShares Insider Advantage ETF has 0.5% of the portfolio in cash.
Assets Under Management
The fund has $56 million in total assets, which is below the $4 billion average for the Mid-Cap Blend 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.
SURE 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 Insider Advantage ETF expense ratio is high compared to funds in the Mid-Cap Blend category. AdvisorShares Insider Advantage ETF has an expense ratio of 0.90%, which is 100% 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 Insider Advantage ETF has a portfolio turnover rate of 231%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 84% for the Mid-Cap Blend category.
Recently, in the month of July 2026, AdvisorShares Insider Advantage ETF returned 0.1%, which earned it a grade of B, as the Mid-Cap Blend category had an average return of -1.6%. 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 Insider Advantage ETF has a trailing yield of 0.87%, which is above the 0.85% category average.
The fund normally distributes its income annually and its capital gains 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 Insider Advantage ETF Grades
Year to date, the ETF has returned 17.0%, 3.0 percentage points better than the category, which translates into a grade of B. The fund has returned 27.7% over the past year (grade of A), 15.2% over the past three years (grade of B) and 10.6% per year over the past five years (grade of A) and 11.2% per year over the past 10 years (grade of D).
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SURE 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 |
|
| SURE Return (NAV) | 0.1% | 8.3% | 27.7% | 15.2% | 10.6% | 11.2% |
| SURE Return (Price) | 0.0% | 9.0% | 28.0% | 15.3% | 10.7% | 11.2% |
| NAV +/- Price Return | 0.045% | -0.677% | -0.264% | -0.083% | -0.059% | -0.009% |
| Mid-Cap Blend Avg | -1.6% | 4.4% | 20.8% | 14.8% | 8.8% | 11.6% |
| SURE Grade (NAV) | B | A | A | B | A | D |
| +/- Category (NAV) | 1.7% | 4.0% | 7.0% | 0.4% | 1.8% | -0.5% |
| SURE Tax-Cost Ratio | na | na | 0.4% | 0.4% | 0.4% | 0.4% |
SURE Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SURE Return (NAV) | 17.0% | 10.4% | 12.1% | 23.4% | -11.4% | 23.2% | 8.8% | 28.1% | -15.8% | 12.7% | 18.9% |
| SURE Return (Price) | 15.2% | 12.3% | 12.2% | 23.3% | -11.3% | 23.9% | 8.8% | 28.9% | -17.0% | 13.2% | 18.8% |
| NAV +/- Price Ret | -0.106% | 0.177% | 0.001% | -0.006% | -0.014% | 0.029% | -0.010% | 2.9% | 7.9% | 3.5% | -0.7% |
| Mid-Cap Blend Avg | 14.0% | 10.6% | 16.1% | 16.9% | -14.4% | 23.3% | 15.6% | 27.4% | -9.1% | 19.1% | 14.8% |
| SURE Grade (NAV) | B | C | F | A | A | C | D | C | F | F | A |
| +/- Category | 3.0% | -0.2% | -4.0% | 6.5% | 3.0% | -0.1% | -6.7% | 0.7% | -6.7% | -6.3% | 4.2% |
| Risk Measures | |
| Beta: | 0.86 |
| R-Squared: | 67% |
| Standard Deviation: | 13.8% |
| Category Risk Index: | 0.88 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.12 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.9% |
| Total Assets: | $ 57 Mil |
| Share Class Assets: | $ 57 Mil |
| Turnover: | 231.0% |
| Expense Ratio: | 0.90% |
| Index Fund: | No |
| Index Tracked: | Russell 3000 TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 3.9 years | |||
| Average Tenure: 3.9 years | |||
| Managers (Year): Ahrens Dan (2022) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 102 |
| % in Top 10 Holdings: | 15.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.7% |
Portfolio Allocation |
|
| Domestic Stock: | 97.6% |
| Foreign Stock: | 1.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.2% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | AdvisorShares |
| Phone Number: | 877-843-3831 |
| Website: | www.advisorshares.com |
| Inception Date: | October 4, 2011 |
Expenses and Fees
| Expense Ratio (%): | 0.90% (Rating: High) |
| Category Average Expense Ratio (%): | 0.45% |
