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YOLO

GradeCNew York Stock Exchange Arca

AdvisorShares Pure Cannabis ETF

Themes · AdvisorShares · Inception 2019-04-17 · SEC filings

$3.38+0.16 (+4.97%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: up, 57 prints from 3.22 to 3.38. Range 3.23 to 3.38. Use the arrow keys to read each point.$3.25$3.30$3.3510 AM12 PM2 PM4 PM
Expense ratio
0.91%
Fund size
$35M
1Y return
+0.3%
Yield · Last 12 months
0.00%
Holdings
25
Volume · 30D
0M sh
NAV per share
$3.07
52W range
low $2.39high $4.53

The ETF.net YOLO Grade

C

41/ 100

Rank 3 of 5 in Cannabis⁠

Confidence Low

Six-pillar profile for YOLO. Scores out of 100: Cost 41, Risk 54, Mission not scored, Tradability 14, Holdings 65, Durability 42. Strongest: Holdings (65). Weakest: Tradability (14). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 41
    Category rank3/5 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank1/5 · top 20%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 14
    Category rank5/5 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank1/4 · top 25%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 42
    Category rank5/5 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on YOLO

ETF.net Research

CCannabis's original active fund. Since 2019 a manager, not an index, has picked a short list of names on both sides of the US-Canada border, under a purity test: at least half of a company's revenue must come from marijuana or hemp.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01First US-listed active ETF with a dedicated cannabis mandate, trading since 2019. A manager picks the names instead of a rules-based index.prnewswire.com
  2. 02The "pure" is contractual: 80% of assets must sit in companies earning at least half their net revenue from marijuana and hemp. No tobacco or fertilizer ride-alongs.advisorshares.com
  3. 03Covers both sides of the border: exchange-listed cannabis equities plus US plant-touching exposure reached through an affiliated ETF and total return swaps.advisorshares.com
  4. 04The 0.91% fee lands mid-pack for cannabis ETFs, under MJ (1.12%) and CNBS (1.09%).

Worth knowing

  1. 01Cheaper ways into the theme exist: WEED charges 0.41%, and sibling MSOS charges 0.81% for a US-only book.
  2. 02Thinly traded, so bid-ask spreads can run wide and larger orders can move the price.
  3. 03Concentrated by design: a couple dozen mid- and small-cap positions, non-diversified, with swap holdings adding counterparty exposure.advisorshares.com

YOLO Holdings

As of Sep 20, 2026, 6:06 AM
Asset class
Stocks
Holdings
25
Top-10 weight
89%
Largest holding
MSOS22.5%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSOSADVISORSHARES PURE US CANN22.48%1,619,945$8M2
002TRLVTRULIEVE CANNABIS CORP15.58%496,907$6M5
003CURLFCURALEAF HOLDINGS INC15.14%510,497$5M3
004VFFVILLAGE FARMS INTERNATIONAL10.53%1,309,485$4M9
005HITIHIGH TIDE INC6.89%942,241$2M3
006CRONCRONOS GROUP INC4.77%503,020$2M9
007GLASFGLASS HOUSE BRANDS INC3.95%175,033$1M2
008ACBAURORA CANNABIS INC3.84%350,090$1M5
009CWEBCHARLOTTES WEB HOLDINGS INC3.15%3,463,982$1M1
010SNDLSNDL INC3.06%788,817$1M5
011OGIORGANIGRAM GLOBAL INC2.77%930,685$977K4
012TRSSFTERRASCEND CORP2.55%1,374,329$899K2
013ROMJFRUBICON ORGANICS INC1.53%1,590,900$540K1
014TLRYTILRAY BRANDS INC1.23%109,242$436K17
015LOVECANNARA BIOTECH INC1.06%263,379$376K58

Showing 1–15 of 19 holdings

YOLO Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

YOLO$10,031
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. YOLO $10,031. SPY $11,723. Use the arrow keys to read each point.$7,227$10,389$13,551Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for YOLO. Periods over one year show the average yearly return.
PeriodYOLO
Year to date−2.4%
1 month+5.2%
3 months+15.0%
1 year+0.3%
3 years−2.0%per year
5 years−27.0%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for YOLO
YearReturn barYOLO
2026 YTD−2.4%
2025+36.4%
2024−17.8%
2023−15.1%
2022−72.2%
2021−20.5%
2020+47.0%

YOLO in the news

ETF.net Research hasn’t filed on YOLO yet — coverage lands here as it’s written.

YOLO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2024

One bar per payment. 16 payments from 2019 to 2024. Sep 25, 2019 $0.28; Dec 27, 2019 $0.27; Mar 26, 2020 $0.13; Jun 24, 2020 $0.11; Sep 24, 2020 $0.07; Dec 24, 2020 $0.04; Dec 23, 2021 $0.51; Jun 22, 2022 $0.02; Sep 26, 2022 $0.001; Mar 21, 2023 $0.01; Jun 22, 2023 $0.01; Sep 25, 2023 $0.0056; Dec 26, 2023 $0.0078; Mar 21, 2024 $0.03; Jun 24, 2024 $0.02; Sep 23, 2024 $0.04. Use the arrow keys to read each point.201920202021202220232024
Ex-datePay dateAmount per share
Sep 23, 2024Sep 30, 2024$0.04
Jun 24, 2024Jun 28, 2024$0.02
Mar 21, 2024Mar 28, 2024$0.03
Dec 26, 2023Dec 29, 2023$0.0078
Sep 25, 2023Sep 29, 2023$0.0056
Jun 22, 2023Jun 30, 2023$0.01
Mar 21, 2023Mar 30, 2023$0.01
Sep 26, 2022Sep 30, 2022$0.001
Jun 22, 2022Jun 30, 2022$0.02
Dec 23, 2021Dec 31, 2021$0.51
Dec 24, 2020Dec 31, 2020$0.04
Sep 24, 2020Sep 30, 2020$0.07

YOLO Risk

How much the fund’s monthly returns vary, scaled to a year.
59.6%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.17
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−90.7%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.87
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

YOLO Cost

Expense ratio0.91%
  • The middle half of Cannabis funds
  • Median 0.91%

2 of the 5 Cannabis funds charge less.

YOLO costs $91.00 a year on $10,000. The median Cannabis fund costs $91.00.