FWDD joins the AdvisorShares Peritus High Yield ETF (NYSEArca: HYLD) as five-star rated ETFs in the AdvisorShares lineup. Another Madrona ETF, the AdvisorShares Madrona Forward Global Bond ETF (NYSEArca: FWDB), has a four-star rating.

Last week, actively managed ETFs eclipsed the $18 billion in combined assets management mark for the first time, according to AdvisorShares data. The Maryland-based issuer has 26 ETFs with a combined $1.8 billion in assets.

Increased demand for actively managed ETFs and the potential for a more favorable regulatory environment could make actively managed ETFs a $500 billion asset class by 2020, according to a new report by SEI Investments. [Rapid Growth Seen for Actively Managed ETFs]

AdvisorShares Madrona Forward Domestic ETF

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of HYLD.