YOLO vs. KBWD ETF Comparison
Comparison of AdvisorShares Pure Cannabis ETF (YOLO) to PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD)
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
$2.59
Average Daily Volume
56,420
9
KBWD
PowerShares KBW High Dividend Yield Financial Portfolio ETF
KBWD Description
The PowerShares KBW High Dividend Yield Financial Portfolio (Fund) is based on the KBW Financial Sector Dividend Yield Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 publicly listed financial companies that are principally engaged in the business of providing financial services and products, including banking, insurance and diversified financial services, in the United States. The Index may also include securities of BDCs and equity and mortgage REITs. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$15.20
Average Daily Volume
176,703
30
Performance
Period | YOLO | KBWD |
---|---|---|
30 Days | -26.21% | 2.80% |
60 Days | -19.80% | 0.81% |
90 Days | -22.41% | 2.26% |
12 Months | -9.71% | 17.27% |
0 Overlapping Holdings
Symbol | Grade | Weight in YOLO | Weight in KBWD | Overlap |
---|
YOLO Underweight 30 Positions Relative to KBWD
Symbol | Grade | Weight | |
---|---|---|---|
TRIN | A | -3.92% | |
FSK | A | -3.86% | |
TCPC | C | -3.8% | |
ACRE | B | -3.75% | |
AGNC | C | -3.51% | |
RC | D | -3.3% | |
DX | B | -3.25% | |
PNNT | C | -3.22% | |
FDUS | A | -3.19% | |
GSBD | F | -3.08% | |
PSEC | D | -3.08% | |
ARI | C | -3.04% | |
EFC | C | -2.94% | |
EGBN | B | -2.91% | |
TRTX | C | -2.78% | |
BBDC | A | -2.72% | |
OMF | A | -2.5% | |
CSWC | D | -2.23% | |
TPVG | B | -2.23% | |
WASH | C | -2.18% | |
KREF | C | -2.15% | |
APAM | B | -2.1% | |
WU | F | -1.79% | |
FIBK | B | -1.74% | |
LNC | C | -1.63% | |
NWBI | B | -1.63% | |
KEY | B | -1.44% | |
JHG | B | -1.35% | |
PRU | A | -1.19% | |
JXN | C | -0.93% |
YOLO: Top Represented Industries & Keywords
KBWD: Top Represented Industries & Keywords