YOLO vs. MEDX ETF Comparison
Comparison of AdvisorShares Pure Cannabis ETF (YOLO) to Horizon Kinetics Medical ETF (MEDX)
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
MEDX
Horizon Kinetics Medical ETF
MEDX Description
The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.37
Average Daily Volume
1,018
32
Performance
Period | YOLO | MEDX |
---|---|---|
30 Days | -26.21% | -10.09% |
60 Days | -19.80% | -12.50% |
90 Days | -22.41% | -13.78% |
12 Months | -9.71% | -4.11% |
0 Overlapping Holdings
Symbol | Grade | Weight in YOLO | Weight in MEDX | Overlap |
---|
YOLO Underweight 32 Positions Relative to MEDX
Symbol | Grade | Weight | |
---|---|---|---|
LLY | F | -15.83% | |
ABBV | F | -7.81% | |
BMY | B | -6.23% | |
AMGN | F | -5.96% | |
NVS | F | -5.95% | |
AZN | F | -4.86% | |
JNJ | C | -4.65% | |
ALNY | D | -4.45% | |
PFE | F | -4.04% | |
MRK | D | -3.96% | |
ALKS | C | -3.91% | |
REGN | F | -3.38% | |
BIIB | F | -3.08% | |
CRSP | D | -2.97% | |
IONS | F | -2.78% | |
GSK | F | -2.32% | |
BCYC | F | -1.95% | |
BEAM | D | -1.51% | |
NTLA | F | -1.3% | |
REPL | D | -0.98% | |
GALT | C | -0.89% | |
HLN | C | -0.79% | |
VNDA | C | -0.79% | |
LTRN | F | -0.6% | |
EDIT | F | -0.53% | |
GEHC | D | -0.48% | |
TSVT | F | -0.41% | |
ALLO | F | -0.28% | |
VTRS | A | -0.27% | |
PACB | F | -0.13% | |
BLUE | F | -0.08% | |
MURA | D | -0.05% |
YOLO: Top Represented Industries & Keywords
MEDX: Top Represented Industries & Keywords