YOLO vs. BDCX ETF Comparison
Comparison of AdvisorShares Pure Cannabis ETF (YOLO) to ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX)
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
$3.25
Average Daily Volume
34,577
9
BDCX
ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
BDCX Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Wells Fargo Business Development Company Index, reduced by the Accrued Fees. The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange, NYSE AMEX or The Nasdaq Stock Market, Inc. that satisfy specified market capitalization and other eligibility requirements. It is a proprietary index of Wells Fargo Securities, LLC.Grade (RS Rating)
Last Trade
$30.30
Average Daily Volume
1,232
23
Performance
Period | YOLO | BDCX |
---|---|---|
30 Days | 1.88% | -0.43% |
60 Days | 4.47% | -0.57% |
90 Days | 1.26% | 2.65% |
12 Months | 26.58% | 17.53% |
0 Overlapping Holdings
Symbol | Grade | Weight in YOLO | Weight in BDCX | Overlap |
---|
YOLO Underweight 23 Positions Relative to BDCX
Symbol | Grade | Weight | |
---|---|---|---|
ARCC | B | -17.86% | |
FSK | B | -11.43% | |
MAIN | B | -5.85% | |
PSEC | D | -5.48% | |
TSLX | D | -4.71% | |
GBDC | C | -4.5% | |
GSBD | F | -4.48% | |
HTGC | C | -4.42% | |
NMFC | F | -3.68% | |
OCSL | D | -3.54% | |
TCPC | F | -2.36% | |
CGBD | C | -2.28% | |
BCSF | A | -2.09% | |
SLRC | B | -2.05% | |
NEWT | B | -1.96% | |
CSWC | D | -1.82% | |
BBDC | D | -1.72% | |
GAIN | B | -1.69% | |
TPVG | F | -1.57% | |
PFLT | C | -1.45% | |
PNNT | C | -1.4% | |
FDUS | C | -1.28% | |
GLAD | B | -1.22% |
YOLO: Top Represented Industries & Keywords
BDCX: Top Represented Industries & Keywords