AdvisorShares Gerber Kawasaki ETF

The AdvisorShares Gerber Kawasaki ETF (GK) is an actively managed fund: investment firm Gerber Kawasaki Inc. hand-picks a focused group of growth stocks tied to major economic trends, led by Micron, Alphabet and Eli Lilly as of June 30, 2026. It charges 0.77% a year, versus a 0.24% average for funds with similar holdings, and from its July 2021 launch through December 31, 2025, it returned 0.85% a year against 12.41% for the S&P 500.

• Over the year to Oct 27, 2026, GK returned +5.0%, 6th of 9 among similar funds.
• Its worst full calendar year was 2025 (+17.8%); its best was 2023 (+21.2%).
• The deepest fall in its price history was 37.2% (Mar 29, 2022 to Dec 28, 2022), recovered by Jun 26, 2025.

As of Jun 30, 2026, the fund held 30 securities; the ten largest made up 60.94% of assets, and 3.82% sat in cash and money-market holdings.

By sector

• Over the three months to Jun 30, 2026, investors withdrew a net $158K (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +15.65%, +9.58%, -0.81%.

GK does not track an index. Instead, Gerber Kawasaki Inc., the firm AdvisorShares hires to pick its stocks, looks for leading companies in what it sees as the fastest-growing global economic trends, spreading the fund across several "disruptive" themes. Each candidate is rated on three things: fundamentals (its financial health); technical indicators, or chart-based signals from past price and trading volume; and a review of its products, management and fit with those trends.

The portfolio is focused, generally under 50 stocks or exchange-traded products. As of June 30, 2026, it held about 30 stocks, and the 10 largest made up 61% of assets, led by Micron Technology at 10.9%. As a "non-diversified" fund, it can put more into one company than a typical fund. It invests mainly in U.S.-listed shares, including American Depositary Receipts (U.S.-traded shares of foreign companies), usually of firms worth $1 billion or more. Position sizes reflect the managers' judgment, and there is no set rebalancing schedule; a stock can be dropped whenever it stops meeting the criteria. Turnover was 50%, meaning roughly half the portfolio changed over a year.

Mechanically, GK is simple: as of June 30, 2026, it used no leverage or derivatives and held 3.8% in cash. It was small, with $31.9 million in net assets on that date.

• GK charges 0.77% a year, versus an average of 0.24% for the similar funds below (9th of 9, cheapest first).
• Of that, 0.75% is the management fee; the rest covers other fund expenses.
• The fee includes a 0.5% waiver from the adviser, which may end.
• Using the prospectus's standard example, $10,000 invested would cost about $79 in the first year and $1,490 over 10 years (assuming a 5% annual return).

A concentrated, actively managed growth fund with high costs, almost no income and a 42.84% loss in 2022 suits a small add-on role more than a foundation.

GK could add a concentrated dose of growth stocks, led by Micron, Alphabet and Eli Lilly as of June 30, 2026. It launched in July 2021, so it has no record in the 2008 or 2020 crashes. In 2022 it lost 42.84%, its worst calendar year, including a 28.51% drop in the second quarter. Price data from February 2022 show a 37.2% fall from late March to late December 2022; it took about 30 months, until June 2025, to regain that peak. Cashing out or drawing income during such a slide would have locked in losses.

Income is negligible: the yield for the 12 months through October 27, 2026, was 0.07%, paid once a year. Costs are high at 0.77% a year, against a 0.24% average for funds with similar holdings. Past results don't predict future returns, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.