Key stats
About AdvisorShares Pure Cannabis ETF
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Inception date
Apr 17, 2019
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AdvisorShares Investments LLC
Distributor
Foreside Fund Services LLC
YOLO is among the first ETFs with a dedicated exposure to cannabis. This actively-managed fund primarily invests in mid- and small-cap global companies that derive at least 50% of their net revenue from the marijuana and hemp industry. The fund also invests in total return swaps of securities with similar characteristics. It may also invest in companies that are registered with the DEA specifically to use marijuana for lawful research and development of cannabis or cannabinoid-related products. The fund adviser seeks companies that hold dominant positions in their respective markets or those with a unique opportunity for growth and expansion. Although cannabis stocks may be categorized among a wide variety of sectors and industries, the fund has a health care sector tilt, concentrating at least 25% of its assets in pharmaceuticals, biotechnology and life sciences.
Classification
What's in the fund
Exposure type
Health Technology
Miscellaneous
Process Industries
Retail Trade
ETF
Stock breakdown by region
Top 10 holdings
Cannabis entering a bull market?After previously breaking out of a down trend and through the 200 day ema, the sector took a dive and formed a double bottom.
The double bottom, the retesting of the resistance level, the support of the 200day ema, and the recent high volume order blocks near current level makes me think we are se
AdvisorShares Pure Cannabis ETF - $YOLO Chart AnalysisHIT IT OR LET IT SIT?
AdvisorShares Pure Cannabis ETF (YOLO) on the weekly chart shows dirty bong rips leaving long investors mad their not getting the high they want.
Not going lie, this chart made me scratch my head, until I brought the monthly candles and it started to make since as it appears
Momentum Attempting to Shift in Favor of Bulls in Cannabis Many Cannabis stocks have been getting beat down as of late with some down 35%+; At this point in time it would seem that many of these Cannabis stocks are in areas of value while showing seller exhaustion.
This leads me to believe that soon we will see an Uprising in many of the Cannabis plays we'
YOLO...keep your FOMO under checkCliche candle patterns can be mis-spdcified.
In some cases if a market can probe the Limit Order Book deeply it can mean quite the opposite to what is wriiten...so hammer-like formations can signify further downside and weakness over several bars.
So just use limits and dont get sucked in on the u
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
YOLO trades at 1.94 USD today, its price has fallen −1.78% in the past 24 hours. Track more dynamics on YOLO price chart.
YOLO net asset value is 1.94 today — it's risen 1.69% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
YOLO assets under management is 25.37 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
YOLO price has risen by 4.55% over the last month, and its yearly performance shows a −48.26% decrease. See more dynamics on YOLO price chart.
NAV returns, another gauge of an ETF dynamics, showed a −8.59% decrease in three-month performance and has decreased by −47.84% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −8.59% decrease in three-month performance and has decreased by −47.84% in a year.
YOLO fund flows account for 176.59 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
YOLO invests in stocks. See more details in our Analysis section.
YOLO expense ratio is 1.12%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, YOLO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, YOLO technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating YOLO shows the sell signal. See more of YOLO technicals for a more comprehensive analysis.
Today, YOLO technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating YOLO shows the sell signal. See more of YOLO technicals for a more comprehensive analysis.
Yes, YOLO pays dividends to its holders with the dividend yield of 3.04%.
YOLO trades at a premium (0.40%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
YOLO shares are issued by Wilson Lane Group LLC
YOLO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 17, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.