AdvisorShares Q Dynamic Growth ETF (QPX) has received a 5-star Morningstar Rating™ for its Overall, 3-Year, and 5-Year periods among funds in the Tactical Allocation category, as of 06/30/2026.
As of June 30, 2026, QPX received the following Morningstar Ratings within the US Fund Tactical Allocation category:
|
Period |
Rating |
Funds in Category |
|---|---|---|
|
Overall |
★★★★★ (5 stars) |
225 |
|
3-Year |
★★★★★ (5 stars) |
225 |
|
5-Year |
★★★★★ (5 stars) |
202 |
The Overall Morningstar Rating is derived from a weighted average of the applicable 3-, 5-, and 10-year Morningstar Rating metrics.
QPX is managed using a model-driven process designed to adjust the fund's equity exposure based on a proprietary volatility indicator. When that indicator signals elevated market stress, the strategy is designed to rotate toward more defensive positioning; as conditions normalize, exposure is designed to shift back toward equities. The intent of this approach is to participate in equity market growth while seeking to manage downside risk during periods of heightened volatility, rather than maintaining a fixed, benchmark-like allocation.
QPX's ratings above reflect its current placement in Morningstar's Tactical Allocation category, following a recent reclassification from US Fund Large Blend. The new category more closely aligns with QPX's model-driven, cross-asset approach, and its risk-adjusted returns are now benchmarked against tactical allocation peers rather than static large-blend equity funds.
Learn more about the strategy in action. Read the Full Whitepaper Here or visit AdvisorShares Q Dynamic Growth ETF (Ticker: QPX) fund page.
|
— For Institutional Investor Use Only. Not for Public Distribution —
|
|
Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus and summary prospectus, a copy of which may be obtained by visiting the Fund’s website at www.AdvisorShares.com. Please read the prospectus carefully before you invest. Foreside Fund Services, LLC, distributor.
An investment in the Funds is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund’s prospectus and on each Fund’s webpage. The Morningstar Rating™ for funds, or “star rating,” is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past performance is no guarantee of future results.
©2026 Morningstar, Inc. All Rights Reserved. Morningstar and/or its content providers are the proprietors of this information; do not permit its unauthorized copying or distribution; do not warrant it to be accurate, complete or timely; and are not responsible for damages or losses arising from its use. Past performance is no guarantee of future results. QPX received five stars for the overall rating among 225 funds, five stars for the 3-year rating among 225, and five stars for the 5-year rating among 202 funds in Morningstar’s Tactical Allocation category as of June 30th, 2026. AIL-963601-2026-07-08
|