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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Miscellaneous
Process Industries
Retail Trade
ETF
Stocks69.03%
Health Technology18.79%
Miscellaneous15.94%
Process Industries15.78%
Retail Trade12.69%
Finance4.44%
Technology Services1.24%
Producer Manufacturing0.16%
Bonds, Cash & Other30.97%
ETF30.62%
Cash0.35%
Stock breakdown by region
North America92.71%
Europe5.48%
Middle East1.81%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
YOLO invests in stocks. The fund's major sectors are Health Technology, with 18.79% stocks, and Miscellaneous, with 15.94% of the basket. The assets are mostly located in the North America region.
YOLO top holdings are AdvisorShares Pure US Cannabis ETF and Village Farms International, Inc., occupying 30.62% and 15.94% of the portfolio correspondingly.
YOLO last dividends amounted to 0.04 USD. The quarter before, the issuer paid 0.02 USD in dividends, which shows a 56.00% increase.
YOLO assets under management is 25.02 M USD. It's risen 1.61% over the last month.
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.
Yes, YOLO pays dividends to its holders with the dividend yield of 2.98%. The last dividend (Sep 30, 2024) amounted to 0.04 USD. The dividends are paid quarterly.
YOLO shares are issued by Wilson Lane Group LLC under the brand AdvisorShares. The ETF was launched on Apr 17, 2019, and its management style is Active.
YOLO expense ratio is 1.12% meaning you'd have to pay 1.12% of your investment to help manage the fund.
YOLO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
YOLO invests in stocks.
YOLO price has fallen by −0.28% over the last month, and its yearly performance shows a −47.06% decrease. See more dynamics on YOLO price chart.
NAV returns, another gauge of an ETF dynamics, showed a −5.94% decrease in three-month performance and has decreased by −46.19% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −5.94% decrease in three-month performance and has decreased by −46.19% in a year.
YOLO trades at a premium (0.65%) meaning the ETF is trading at a higher price than the calculated NAV.