Key stats
About AdvisorShares Pure Cannabis ETF
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Inception date
Apr 17, 2019
Structure
Open-Ended Fund
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
Process Industries
Retail Trade
ETF
Stocks63.85%
Health Technology18.07%
Process Industries15.63%
Retail Trade14.04%
Miscellaneous9.11%
Finance5.03%
Technology Services1.37%
Producer Manufacturing0.59%
Bonds, Cash & Other36.15%
ETF35.07%
Cash1.08%
Stock breakdown by region
North America93.08%
Europe5.65%
Middle East1.26%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history