MJUS vs. YOLO ETF Comparison
Comparison of ETFMG U.S. Alternative Harvest ETF (MJUS) to AdvisorShares Pure Cannabis ETF (YOLO)
MJUS
ETFMG U.S. Alternative Harvest ETF
MJUS Description
The U.S. Alternative Harvest ETF (MJUS) is a portfolio of companies that are active in the United States cannabis market. MJUS is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the “Cannabis Business” in the United States, and in derivatives that have economic characteristics similar to such securities. The companies that MJUS will invest in generally are representative of the components of the Prime U.S. Alternative Harvest Index
Grade (RS Rating)
Last Trade
$0.96
Average Daily Volume
171,477
5
YOLO
AdvisorShares Pure Cannabis ETF
YOLO Description
Cannabis and its various applications have been used throughout human civilization for over 5,000 years. As society, business and regulatory landscapes evolve in the 21st century, the upside potential of cannabis as an emerging investment avenue has arrived. The portfolio manager believes today’s new era can be viewed in similar regard to post-Prohibition, commencing a growing acknowledgement and understanding of cannabis and its uses among a mainstream audience. The industries that comprise the multi-billion dollar cannabis universe represent a new frontier, where proper caution and due diligence must be exercised surrounding its regulations and risks, in seeking attractive long-term cannabis investment opportunities. The AdvisorShares Pure Cannabis ETF (Ticker: YOLO) became the first actively managed ETF with a dedicated cannabis investment mandate domiciled in the United States. The AdvisorShares Pure Cannabis ETF, or YOLO, seeks long-term capital appreciation by investing in both domestic and foreign cannabis equity securities. YOLO is designed to fully-invest for pure cannabis exposure under the guidance of a deeply experienced portfolio management team navigating the emerging cannabis marketplace.Grade (RS Rating)
Last Trade
$2.61
Average Daily Volume
57,389
8
Performance
Period | MJUS | YOLO |
---|---|---|
30 Days | -41.10% | -25.00% |
60 Days | -37.04% | -19.69% |
90 Days | -39.62% | -21.81% |
12 Months | -40.36% | -9.01% |
MJUS: Top Represented Industries & Keywords
YOLO: Top Represented Industries & Keywords