AdvisorShares Pure Cannabis (YOLO)

Overview

AdvisorShares Pure Cannabis ETF (YOLO) is an actively managed fund focused on investing in companies primarily involved in the legal cannabis and hemp industry. It seeks capital appreciation by investing in both domestic and international cannabis companies.

Reputation and Reliability

AdvisorShares is known for its actively managed ETFs, often focusing on niche and emerging sectors. Their reputation is built on providing innovative investment strategies, though performance can vary.

Management Expertise

AdvisorShares employs a team of portfolio managers and analysts with experience in the cannabis industry, aiming to leverage their expertise to identify promising investment opportunities.

Goal

The ETF seeks capital appreciation by investing in cannabis and hemp companies.

Investment Approach and Strategy

Strategy: YOLO is actively managed, meaning the fund managers make discretionary investment decisions based on their analysis of the cannabis market.

Composition The ETF holds a diversified portfolio of cannabis stocks, including growers, processors, retailers, and ancillary businesses. It can invest in both publicly traded and private companies.

Market Share: Data unavailable due to the evolving nature and fragmentation of the cannabis ETF market.

Total Net Assets (AUM): 36680000

Key Competitors

• HMLSF
• MSOS
• TOKE
• CNBS
• MJ
• THCX

Competitive Landscape

The cannabis ETF market is competitive, with several funds vying for investor capital. YOLO differentiates itself through active management, potentially allowing it to outperform passively managed funds. However, active management also introduces the risk of underperformance compared to its peers and higher expense ratios.

Historical Performance: Historical performance data unavailable in structured array format.

Benchmark Comparison: Benchmark data unavailable for direct comparison as YOLO is actively managed.

Expense Ratio: 0.74

Average Trading Volume

The average trading volume for YOLO is relatively moderate, suggesting sufficient liquidity for most investors.

Bid-Ask Spread

The bid-ask spread can fluctuate, reflecting the volatility and trading activity in the underlying cannabis market.

Market Environment Factors

Economic indicators, regulatory changes in the cannabis industry, and overall market sentiment all significantly impact YOLO's performance. The ETF is highly sensitive to news and policy developments related to cannabis legalization.

Growth Trajectory

YOLO's growth trajectory is tied to the expansion of the legal cannabis market globally. Changes to strategy and holdings are frequent due to active management, reflecting the fund's attempt to capitalize on emerging opportunities.

Competitive Edge

YOLO's active management strategy allows for flexibility in navigating the rapidly evolving cannabis landscape. Its investment approach may enable the fund to identify undervalued opportunities and avoid companies facing regulatory or financial challenges. However, this active approach also introduces the potential for manager error. The fund aims to provide exposure to a diverse range of cannabis companies, both domestic and international.

Volatility

YOLO is exposed to substantial volatility due to its focus on the cannabis sector, which is subject to regulatory uncertainty and market fluctuations.

Market Risk

Specific risks include regulatory changes, competition, and market sentiment towards the cannabis industry. The fund's concentrated exposure to cannabis companies increases its vulnerability to sector-specific downturns.

Ideal Investor Profile

The ideal investor for YOLO is risk-tolerant and has a long-term investment horizon. These investors should also have a strong belief in the long-term growth potential of the cannabis industry.

Market Risk

YOLO is best suited for active traders and investors with a high-risk tolerance seeking exposure to the cannabis sector. It is not recommended for conservative investors or those seeking stable returns.

AdvisorShares Pure Cannabis ETF (YOLO) is an actively managed fund targeting the cannabis industry. It aims for capital appreciation through investments in cannabis companies, facing high volatility and regulatory risks. The fund's performance relies heavily on the management's ability to navigate the dynamic cannabis market. YOLO suits risk-tolerant investors with a long-term outlook on cannabis growth. Active management provides flexibility but introduces potential for underperformance compared to passively managed alternatives.

Data Sources:

• etfdb.com
• morningstar.com
• advisorshares.com

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Investing in ETFs involves risk, including the potential loss of principal.