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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_GrowthInvestingRiskMember_lbl" xml:lang="en-US">Growth Investing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_InformationTechnologySectorRiskMember" xlink:label="ck0001408970_InformationTechnologySectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_InformationTechnologySectorRiskMember" xlink:to="ck0001408970_InformationTechnologySectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_InformationTechnologySectorRiskMember_lbl" xml:lang="en-US">Information Technology Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_NondiversificationRiskMember" xlink:label="ck0001408970_NondiversificationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_NondiversificationRiskMember" xlink:to="ck0001408970_NondiversificationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_NondiversificationRiskMember_lbl" xml:lang="en-US">Nondiversification Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_AdvisorSharesHvacAndIndustrialsEtfMember" xlink:label="ck0001408970_AdvisorSharesHvacAndIndustrialsEtfMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_AdvisorSharesHvacAndIndustrialsEtfMember" xlink:to="ck0001408970_AdvisorSharesHvacAndIndustrialsEtfMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_AdvisorSharesHvacAndIndustrialsEtfMember_lbl" xml:lang="en-US">ADVISORSHARES HVAC AND INDUSTRIALS ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_S000089876Member" xlink:label="ck0001408970_S000089876Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_S000089876Member" xlink:to="ck0001408970_S000089876Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_S000089876Member_lbl" xml:lang="en-US">AdvisorShares HVAC and Industrials ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_HvacCompaniesRiskMember" xlink:label="ck0001408970_HvacCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_HvacCompaniesRiskMember" xlink:to="ck0001408970_HvacCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_HvacCompaniesRiskMember_lbl" xml:lang="en-US">Hvac Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_IndustrialsSectorRiskMember" xlink:label="ck0001408970_IndustrialsSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_IndustrialsSectorRiskMember" xlink:to="ck0001408970_IndustrialsSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_IndustrialsSectorRiskMember_lbl" xml:lang="en-US">Industrials Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_ValueInvestingRiskMember" xlink:label="ck0001408970_ValueInvestingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_ValueInvestingRiskMember" xlink:to="ck0001408970_ValueInvestingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_ValueInvestingRiskMember_lbl" xml:lang="en-US">Value Investing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_AdvisorSharesInsiderAdvantageEtfMember" xlink:label="ck0001408970_AdvisorSharesInsiderAdvantageEtfMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_AdvisorSharesInsiderAdvantageEtfMember" xlink:to="ck0001408970_AdvisorSharesInsiderAdvantageEtfMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_AdvisorSharesInsiderAdvantageEtfMember_lbl" xml:lang="en-US">ADVISORSHARES INSIDER ADVANTAGE ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_S000031813Member" xlink:label="ck0001408970_S000031813Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_S000031813Member" xlink:to="ck0001408970_S000031813Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_S000031813Member_lbl" xml:lang="en-US">AdvisorShares Insider Advantage ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_LargecapitalizationCompanyRiskMember" xlink:label="ck0001408970_LargecapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_LargecapitalizationCompanyRiskMember" xlink:to="ck0001408970_LargecapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_LargecapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Largecapitalization Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_MidcapitalizationCompanyRiskMember" xlink:label="ck0001408970_MidcapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_MidcapitalizationCompanyRiskMember" xlink:to="ck0001408970_MidcapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_MidcapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Midcapitalization Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_SmallcapitalizationCompanyRiskMember" xlink:label="ck0001408970_SmallcapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_SmallcapitalizationCompanyRiskMember" xlink:to="ck0001408970_SmallcapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_SmallcapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Smallcapitalization Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_AdvisorSharesMsosDailyLeveragedEtfMember" xlink:label="ck0001408970_AdvisorSharesMsosDailyLeveragedEtfMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_AdvisorSharesMsosDailyLeveragedEtfMember" xlink:to="ck0001408970_AdvisorSharesMsosDailyLeveragedEtfMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_AdvisorSharesMsosDailyLeveragedEtfMember_lbl" xml:lang="en-US">ADVISORSHARES MSOS DAILY LEVERAGED ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_S000077183Member" xlink:label="ck0001408970_S000077183Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_S000077183Member" xlink:to="ck0001408970_S000077183Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_S000077183Member_lbl" xml:lang="en-US">AdvisorShares MSOS Daily Leveraged ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_CashTransactionRiskMember" xlink:label="ck0001408970_CashTransactionRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_CashTransactionRiskMember" xlink:to="ck0001408970_CashTransactionRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_CashTransactionRiskMember_lbl" xml:lang="en-US">Cash Transaction Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_CollateralSecuritiesRiskMember" xlink:label="ck0001408970_CollateralSecuritiesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_CollateralSecuritiesRiskMember" xlink:to="ck0001408970_CollateralSecuritiesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_CollateralSecuritiesRiskMember_lbl" xml:lang="en-US">Collateral Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_CompoundingRiskMember" xlink:label="ck0001408970_CompoundingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_CompoundingRiskMember" xlink:to="ck0001408970_CompoundingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_CompoundingRiskMember_lbl" xml:lang="en-US">Compounding Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_CorrelationRiskMember" xlink:label="ck0001408970_CorrelationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_CorrelationRiskMember" xlink:to="ck0001408970_CorrelationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_CorrelationRiskMember_lbl" xml:lang="en-US">Correlation Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_CounterpartyRiskMember" xlink:label="ck0001408970_CounterpartyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_CounterpartyRiskMember" xlink:to="ck0001408970_CounterpartyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_CounterpartyRiskMember_lbl" xml:lang="en-US">Counterparty Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_DailyLeverageRiskMember" xlink:label="ck0001408970_DailyLeverageRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_DailyLeverageRiskMember" xlink:to="ck0001408970_DailyLeverageRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_DailyLeverageRiskMember_lbl" xml:lang="en-US">Daily Leverage Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_DerivativesRiskMember" xlink:label="ck0001408970_DerivativesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_DerivativesRiskMember" xlink:to="ck0001408970_DerivativesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_DerivativesRiskMember_lbl" xml:lang="en-US">Derivatives Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_RebalancingRiskMember" xlink:label="ck0001408970_RebalancingRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_RebalancingRiskMember" xlink:to="ck0001408970_RebalancingRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_RebalancingRiskMember_lbl" xml:lang="en-US">Rebalancing Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_TaxRiskMember" xlink:label="ck0001408970_TaxRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_TaxRiskMember" xlink:to="ck0001408970_TaxRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_TaxRiskMember_lbl" xml:lang="en-US">Tax Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_AdvisorSharesPsychedelicsETFMember" xlink:label="ck0001408970_AdvisorSharesPsychedelicsETFMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_AdvisorSharesPsychedelicsETFMember" xlink:to="ck0001408970_AdvisorSharesPsychedelicsETFMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_AdvisorSharesPsychedelicsETFMember_lbl" xml:lang="en-US">ADVISORSHARES PSYCHEDELICS ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_S000072085Member" xlink:label="ck0001408970_S000072085Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_S000072085Member" xlink:to="ck0001408970_S000072085Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_S000072085Member_lbl" xml:lang="en-US">AdvisorShares Psychedelics ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_PsychedelicsCompaniesRiskMember" xlink:label="ck0001408970_PsychedelicsCompaniesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_PsychedelicsCompaniesRiskMember" xlink:to="ck0001408970_PsychedelicsCompaniesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_PsychedelicsCompaniesRiskMember_lbl" xml:lang="en-US">Psychedelics Companies Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_HealthCareSectorRiskMember" xlink:label="ck0001408970_HealthCareSectorRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_HealthCareSectorRiskMember" xlink:to="ck0001408970_HealthCareSectorRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_HealthCareSectorRiskMember_lbl" xml:lang="en-US">Health Care Sector Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_MicrocapitalizationRiskMember" xlink:label="ck0001408970_MicrocapitalizationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_MicrocapitalizationRiskMember" xlink:to="ck0001408970_MicrocapitalizationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_MicrocapitalizationRiskMember_lbl" xml:lang="en-US">Microcapitalization Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_SmallcapitalizationRiskMember" xlink:label="ck0001408970_SmallcapitalizationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_SmallcapitalizationRiskMember" xlink:to="ck0001408970_SmallcapitalizationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_SmallcapitalizationRiskMember_lbl" xml:lang="en-US">Smallcapitalization Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_AdvisorSharesPureCannabisEtfMember" xlink:label="ck0001408970_AdvisorSharesPureCannabisEtfMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_AdvisorSharesPureCannabisEtfMember" xlink:to="ck0001408970_AdvisorSharesPureCannabisEtfMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_AdvisorSharesPureCannabisEtfMember_lbl" xml:lang="en-US">ADVISORSHARES PURE CANNABIS ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_S000065228Member" xlink:label="ck0001408970_S000065228Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_S000065228Member" xlink:to="ck0001408970_S000065228Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_S000065228Member_lbl" xml:lang="en-US">AdvisorShares Pure Cannabis ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_CannabisrelatedCompanyRiskMember" xlink:label="ck0001408970_CannabisrelatedCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_CannabisrelatedCompanyRiskMember" xlink:to="ck0001408970_CannabisrelatedCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_CannabisrelatedCompanyRiskMember_lbl" xml:lang="en-US">Cannabisrelated Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_IpoRiskMember" xlink:label="ck0001408970_IpoRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_IpoRiskMember" xlink:to="ck0001408970_IpoRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_IpoRiskMember_lbl" xml:lang="en-US">Ipo Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_RealEstateInvestmentTrustRiskMember" xlink:label="ck0001408970_RealEstateInvestmentTrustRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_RealEstateInvestmentTrustRiskMember" xlink:to="ck0001408970_RealEstateInvestmentTrustRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_RealEstateInvestmentTrustRiskMember_lbl" xml:lang="en-US">Real Estate Investment Trust Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_SmallAndMicrocapitalizationCompanyRiskMember" xlink:label="ck0001408970_SmallAndMicrocapitalizationCompanyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_SmallAndMicrocapitalizationCompanyRiskMember" xlink:to="ck0001408970_SmallAndMicrocapitalizationCompanyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_SmallAndMicrocapitalizationCompanyRiskMember_lbl" xml:lang="en-US">Small And Microcapitalization Company Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_AdvisorSharesPureUSCannabisEtfMember" xlink:label="ck0001408970_AdvisorSharesPureUSCannabisEtfMember" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_AdvisorSharesActiveBearEtfMember" xlink:label="ck0001408970_AdvisorSharesActiveBearEtfMember" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_ExchangetradedProductRiskMember" xlink:label="ck0001408970_ExchangetradedProductRiskMember" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_FixedIncomeSecuritiesRiskMember" xlink:label="ck0001408970_FixedIncomeSecuritiesRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_FixedIncomeSecuritiesRiskMember_lbl" xml:lang="en-US">Fixed Income Securities Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_IlliquidInvestmentsRiskMember" xlink:label="ck0001408970_IlliquidInvestmentsRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_IlliquidInvestmentsRiskMember_lbl" xml:lang="en-US">Illiquid Investments Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_AdvisorSharesSTARGlobalBuyWriteETFMember" xlink:label="ck0001408970_AdvisorSharesSTARGlobalBuyWriteETFMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_AdvisorSharesSTARGlobalBuyWriteETFMember" xlink:to="ck0001408970_AdvisorSharesSTARGlobalBuyWriteETFMember_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_S000034456Member" xlink:label="ck0001408970_S000034456Member" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_UnderlyingEtpRiskMember" xlink:label="ck0001408970_UnderlyingEtpRiskMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_UnderlyingEtpRiskMember_lbl" xml:lang="en-US">Underlying Etp Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000081186Member" xlink:label="ck0001408970_C000081186Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000081186Member" xlink:to="ck0001408970_C000081186Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000081186Member_lbl" xml:lang="en-US">AdvisorShares Dorsey Wright ADR ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000216699Member" xlink:label="ck0001408970_C000216699Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000216699Member" xlink:to="ck0001408970_C000216699Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000216699Member_lbl" xml:lang="en-US">AdvisorShares Dorsey Wright FSM US Core ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000216698Member" xlink:label="ck0001408970_C000216698Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000216698Member" xlink:to="ck0001408970_C000216698Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000216698Member_lbl" xml:lang="en-US">AdvisorShares Dorsey Wright FSM All Cap World ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000201033Member" xlink:label="ck0001408970_C000201033Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000201033Member" xlink:to="ck0001408970_C000201033Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000201033Member_lbl" xml:lang="en-US">AdvisorShares Dorsey Wright Short ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000173320Member" xlink:label="ck0001408970_C000173320Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000173320Member" xlink:to="ck0001408970_C000173320Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000173320Member_lbl" xml:lang="en-US">AdvisorShares Focused Equity ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000227805Member" xlink:label="ck0001408970_C000227805Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000227805Member" xlink:to="ck0001408970_C000227805Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000227805Member_lbl" xml:lang="en-US">AdvisorShares Gerber Kawasaki ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000256704Member" xlink:label="ck0001408970_C000256704Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000256704Member" xlink:to="ck0001408970_C000256704Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000256704Member_lbl" xml:lang="en-US">AdvisorShares HVAC and Industrials ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000099071Member" xlink:label="ck0001408970_C000099071Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000099071Member" xlink:to="ck0001408970_C000099071Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000099071Member_lbl" xml:lang="en-US">AdvisorShares Insider Advantage ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000237353Member" xlink:label="ck0001408970_C000237353Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000237353Member" xlink:to="ck0001408970_C000237353Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000237353Member_lbl" xml:lang="en-US">AdvisorShares MSOS Daily Leveraged ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000227806Member" xlink:label="ck0001408970_C000227806Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000227806Member" xlink:to="ck0001408970_C000227806Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000227806Member_lbl" xml:lang="en-US">AdvisorShares Psychedelics ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000211119Member" xlink:label="ck0001408970_C000211119Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000211119Member" xlink:to="ck0001408970_C000211119Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000211119Member_lbl" xml:lang="en-US">AdvisorShares Pure Cannabis ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000215439Member" xlink:label="ck0001408970_C000215439Member" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000215439Member_lbl" xml:lang="en-US">AdvisorShares Pure US Cannabis ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000223023Member" xlink:label="ck0001408970_C000223023Member" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000092409Member" xlink:label="ck0001408970_C000092409Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000092409Member" xlink:to="ck0001408970_C000092409Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000092409Member_lbl" xml:lang="en-US">AdvisorShares Active Bear ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_C000105934Member" xlink:label="ck0001408970_C000105934Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001408970_C000105934Member" xlink:to="ck0001408970_C000105934Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ck0001408970_C000105934Member_lbl" xml:lang="en-US">AdvisorShares STAR Global Buy-Write ETF</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_MSCIEAFEIndexMember" xlink:label="ck0001408970_MSCIEAFEIndexMember" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_Sp500IndexMember" xlink:label="ck0001408970_Sp500IndexMember" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_MsciAllCountryWorldIndexNetReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="ck0001408970_MsciAllCountryWorldIndexNetReflectsNoDeductionForFeesExpensesOrTaxesMember" />
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      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_Russell3000ValueIndexTotalReturnMember" xlink:label="ck0001408970_Russell3000ValueIndexTotalReturnMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_Russell3000ValueIndexTotalReturnMember_lbl" xml:lang="en-US">Russell 3000&#174; Index Total Return (reflects no deduction for fees, expenses, or taxes)</link:label>
      <link:loc xlink:type="locator" xlink:href="ck0001408970-20261101.xsd#ck0001408970_SAndP500IndexReflectsNoDeductionForFeesExpensesOrTaxesMember" xlink:label="ck0001408970_SAndP500IndexReflectsNoDeductionForFeesExpensesOrTaxesMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001408970_C000216699Member_2_lbl" xml:lang="en-US">AdvisorShares Dorsey Wright FSM US Core ETF [Default Label]</link:label>
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