AdvisorShares Pure Cannabis ETF
ALTAR
Score™		 -3.9% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 -73.3x P/Sales
ratio		 1.0x
P/BV
ratio		 4.3x Div.
yield		 2.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
YOLO seeks long-term capital appreciation by investing in both domestic and foreign cannabis equity securities.

FUND BASICS
Category Global Equities
Fund Sponsor AdvisorShares
Website www.advisorshares.com
Inception date Apr 17, 2019
Assets (mns) $37
Currency USD
Expense ratio 103 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 22
Wgt avg mkt cap (mns) $818
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 11.5%
Small cap (<$2bn) 88.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ADVISORSHARES PURE US CANNABIS ETF 45.8 %
VILLAGE FARMS INTERNATIONAL, INC. 18.9 %
HIGH TIDE, INC. 9.1 %
SNDL INC ORDINARY SHARES 4.3 %
ORGANIGRAM GLOBAL INC 4.2 %
CRONOS GROUP INC 3.6 %
CHARLOTTE'S WEB HOLDINGS, INC. 2.0 %
AURORA CANNABIS INC 1.9 %
JAZZ PHARMACEUTICALS PLC 1.8 %
TILRAY BRANDS INC 1.5 %
Total 93.2 %

TOP COUNTRY EXPOSURE
CANADA 35.2 %
IRELAND 1.8 %
UNITED STATES 0.8 %
ISRAEL 0.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.1% 29.5% -31.7% -- -25.5%

Market Correlations
versus... Beta R-squared
S&P500 0.90 6%
MSCI EAFE 0.91 5%
MSCI Emg. Mkts. 0.95 6%

Technical Indicators
Recent close $2.93
30d moving avg. $3.30
Annualized volatility 59.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 50
Turnover 0.4%
Bid/Ask (% of price) 1.40%
ADV underlying (mns) $101

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 160 potential alternatives to the AdvisorShares Pure Cannabis ETF ETF based on the alternatives' overlap in portfolio holdings with YOLO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: YOLO Expense: 103 bp ALTAR Score™: -3.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH YOLO
Ticker Fund
Name		 Overlap1
vs YOLO
(%)		 Expense
ratio
(bp)		 Savings
vs YOLO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs YOLO
(%)
TOKE Cambria Cannabis ETF 18.5 42 61 2.0 +5.9
MJ ETFMG Alternative Harvest 10.9 75 28 0.0 +3.9
PJP Invesco Pharmaceuticals ETF 1.8 57 46 6.7 +10.6
PINK Simplify Health Care ETF 1.8 50 53 0.7 +4.6
LVDS JPMorgan Fundamental Data Science Large Value ETF 1.8 49 54 5.6 +9.5
FTXH First Trust Nasdaq Pharmaceuticals ETF 1.8 60 43 6.8 +10.7
IHE iShares U.S. Pharmaceuticals ETF 1.8 40 63 5.6 +9.5
XPH State Street SPDR S&P Pharmaceuticals ETF 1.8 35 68 0.9 +4.8
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.8 49 54 4.1 +8.0
ABLG Abacus FCF International Leaders ETF 1.8 59 44 5.7 +9.6
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF 1.7 49 54 6.0 +9.9
KNO AXS Knowledge Leaders ETF 1.5 78 25 4.9 +8.8
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.4 49 54 9.9 +13.8
CALF Pacer US Small Cap Cash Cows 100 ETF 1.3 59 44 9.2 +13.1
BUL Pacer US Cash Cows Growth ETF 1.2 60 43 4.1 +8.0
RNIN Bushido Capital US SMID Cap Equity ETF 1.2 70 33 11.2 +15.1
TAX Cambria Tax Aware ETF 1.1 49 54 5.1 +9.0
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 1.1 55 48 9.2 +13.1
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 27 4.0 +7.9
DSTL Distillate US Fundamental Stability & Value ETF 0.9 39 64 7.3 +11.2
IBBQ Invesco Nasdaq Biotechnology ETF 0.8 19 84 0.1 +4.0
RIET Hoya Capital High Dividend Yield ETF 0.8 50 53 16.5 +20.4
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.7 15 88 7.7 +11.6
REM iShares Mortgage Real Estate ETF 0.7 48 55 21.5 +25.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 33 1.7 +5.6
IJK iShares S&P Mid-Cap 400 Growth ETF 0.6 17 86 4.9 +8.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 10 93 7.8 +11.7
HELX Franklin Genomic Advancements ETF 0.6 50 53 -0.4 +3.5
PPH VanEck Pharmaceutical ETF 0.6 36 67 6.3 +10.2
VIDI Vident International Equity Strategy ETF 0.6 61 42 8.8 +12.7
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.6 15 88 4.9 +8.8
DFSV Dimensional US Small Cap Value ETF 0.6 31 72 9.0 +12.9
WCEO Hypatia Women CEO ETF 0.5 85 18 2.8 +6.7
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 81 5.1 +9.0
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.5 15 88 7.0 +10.9
FFOG Franklin Focused Growth ETF 0.5 61 42 2.0 +5.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 88 5.3 +9.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 79 7.3 +11.2
AVMV Avantis U.S. Mid Cap Value ETF 0.4 20 83 7.5 +11.4
DFNV Donoghue Forlines Innovation ETF 0.4 69 34 4.0 +7.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.4 24 79 6.5 +10.4
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.4 35 68 5.0 +8.9
ITAN Sparkline Intangible Value ETF 0.3 50 53 5.6 +9.5
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 91 6.2 +10.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 85 6.9 +10.8
VFMF Vanguard U.S. Multifactor ETF 0.3 18 85 6.6 +10.5
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 60 43 5.9 +9.8
VFVA Vanguard U.S. Value Factor ETF 0.3 13 90 9.3 +13.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.3 25 78 6.9 +10.8
MDY SPDR S&P Midcap 400 ETF Trust 0.3 24 79 6.1 +10.0
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.3 20 83 7.2 +11.1
IJH iShares Core S&P Mid-Cap ETF 0.3 5 98 6.3 +10.2
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.3 15 88 6.3 +10.2
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 7 96 6.3 +10.2
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 100 6.3 +10.2
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 83 5.5 +9.4
GVLU Gotham 1000 Value ETF 0.3 50 53 8.2 +12.1
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 88 6.1 +10.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 99 5.1 +9.0
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.3 35 68 6.3 +10.2
EZM WisdomTree U.S. MidCap Fund 0.3 38 65 7.6 +11.5
STXM Strive Mid-Cap ETF 0.2 18 85 5.5 +9.4
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 88 6.4 +10.3
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 86 6.0 +9.9
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 91 5.1 +9.0
VBR Vanguard Small Cap Value ETF 0.2 7 96 7.8 +11.7
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 75 8.7 +12.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 96 5.0 +8.9
SFYX SoFi Next 500 ETF 0.2 0 103 5.1 +9.0
DFAS Dimensional U.S. Small Cap ETF 0.2 26 77 5.8 +9.7
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 83 5.8 +9.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 39 0.9 +4.8
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 99 6.0 +9.9
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 85 5.9 +9.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 64 8.2 +12.1
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 61 5.4 +9.3
ROSC Hartford Multifactor Small Cap ETF 0.2 34 69 7.8 +11.7
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 97 7.5 +11.4
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 80 5.3 +9.2
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 0.2 12 91 6.6 +10.5
ISCB iShares Morningstar Small-Cap ETF 0.2 4 99 5.1 +9.0
REVS Columbia Research Enhanced Value ETF 0.2 19 84 6.9 +10.8
IYH iShares U.S. Healthcare ETF 0.2 40 63 5.5 +9.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 86 5.2 +9.1
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 95 5.1 +9.0
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 91 6.9 +10.8
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 97 2.6 +6.5
VHT Vanguard Health Care ETF 0.1 9 94 4.9 +8.8
VB Vanguard Small-Cap ETF 0.1 5 98 5.3 +9.2
VXF Vanguard Extended Market ETF 0.1 5 98 4.0 +7.9
SMMD iShares Russell 2500 ETF 0.1 15 88 5.8 +9.7
LQPE PEO AlphaQuest Thematic PE ETF 0.1 125 -22 6.4 +10.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 83 6.3 +10.2
IWS iShares Russell Mid-Cap Value ETF 0.1 23 80 6.3 +10.2
AVIE Avantis  Inflation Focused Equity ETF 0.1 25 78 6.2 +10.1
RECS Columbia Research Enhanced Core ETF 0.1 15 88 5.1 +9.0
AFMC First Trust Active Factor Mid Cap ETF 0.1 65 38 7.0 +10.9
IWR iShares Russell Midcap ETF 0.1 19 84 5.5 +9.4
JHSC John Hancock Multifactor Small Cap ETF 0.1 42 61 5.7 +9.6
PTL Inspire 500 ETF 0.1 9 94 4.7 +8.6
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 88 5.0 +8.9
DXUV Dimensional US Vector Equity ETF 0.1 28 75 5.2 +9.1
AVUS Avantis U.S. Equity ETF 0.1 15 88 4.9 +8.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 74 5.5 +9.4
DFUV Dimensional US Marketwide Value ETF 0.1 22 81 6.3 +10.2
XT iShares Exponential Technologies ETF 0.1 46 57 4.2 +8.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 86 4.7 +8.6
STXV Strive 1000 Value ETF 0.0 18 85 7.0 +10.9
IWC iShares Micro-Cap ETF 0.0 60 43 -1.3 +2.6
IUS Invesco RAFI Strategic US ETF 0.0 19 84 5.9 +9.8
DCOR Dimensional US Core Equity 1 ETF 0.0 14 89 4.6 +8.5
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 99 5.8 +9.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 82 3.1 +7.0
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 64 5.8 +9.7
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 91 5.7 +9.6
IWD iShares Russell 1000 Value ETF 0.0 19 84 5.5 +9.4
VONV Vanguard Russell 1000 Value ETF 0.0 7 96 5.6 +9.5
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.0 35 68 6.5 +10.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 78 6.3 +10.2
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 99 3.4 +7.3
DSI iShares MSCI KLD 400 Social ETF 0.0 25 78 4.1 +8.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 78 6.3 +10.2
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 91 6.4 +10.3
EES WisdomTree U.S. SmallCap Fund 0.0 38 65 7.5 +11.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 78 4.7 +8.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 92 4.2 +8.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 88 4.2 +8.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 91 4.3 +8.2
EBI Longview Advantage ETF 0.0 35 68 5.7 +9.6
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 94 4.1 +8.0
IWV iShares Russell 3000 ETF 0.0 20 83 4.1 +8.0
IYY iShares Dow Jones U.S. ETF 0.0 20 83 4.1 +8.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 91 3.4 +7.3
VTWV Vanguard Russell 2000 Value ETF 0.0 10 93 5.7 +9.6
SCHB Schwab U.S. Broad Market ETF 0.0 3 100 4.3 +8.2
SCHK Schwab 1000 Index ETF 0.0 5 98 4.3 +8.2
SCHX Schwab U.S. Large-Cap ETF 0.0 3 100 4.3 +8.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 100 4.2 +8.1
IWB iShares Russell 1000 ETF 0.0 15 88 4.2 +8.1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 100 4.4 +8.3
VONE Vanguard Russell 1000 ETF 0.0 7 96 4.3 +8.2
IWN iShares Russell 2000 Value ETF 0.0 24 79 5.6 +9.5
VTHR Vanguard Russell 3000 ETF 0.0 7 96 4.2 +8.1
VTI Vanguard Total Stock Market ETF 0.0 3 100 4.2 +8.1
DFUS Dimensional U.S. Equity ETF 0.0 9 94 4.1 +8.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 64 4.3 +8.2
RSSL Global X Russell 2000 ETF 0.0 8 95 3.2 +7.1
VT Vanguard Total World Stock ETF 0.0 6 97 5.1 +9.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 64 2.7 +6.6
IWM iShares Russell 2000 ETF 0.0 19 84 3.2 +7.1
VTWO Vanguard Russell 2000 ETF 0.0 7 96 3.3 +7.2
DFAI Dimensional International Core Equity Market ETF 0.0 18 85 5.9 +9.8
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 99 6.0 +9.9
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 96 6.6 +10.5
DFIS Dimensional International Small Cap ETF 0.0 39 64 6.1 +10.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 94 4.8 +8.7
AVSC Avantis U.S Small Cap Equity ETF 0.0 25 78 4.5 +8.4
DFIC Dimensional International Core Equity 2 ETF 0.0 23 80 6.2 +10.1
AVUQ Avantis U.S. Quality ETF 0.0 15 88 3.6 +7.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 73 6.4 +10.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 AdvisorShares Pure Cannabis ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -12.3 %
Divided by: Fwd. P/BV 4.3 x
Less: Expense ratio 103 bp
Equals: ALTAR Score -3.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.51 CATEGORY
AVERAGE		 1.58
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.