YOLO vs. TINY ETF Comparison
Comparison of AdvisorShares Pure Cannabis ETF (YOLO) to ProShares Nanotechnology ETF (TINY)
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
$3.92
Average Daily Volume
76,102
10
TINY
ProShares Nanotechnology ETF
TINY Description
TINY is a passively managed fund that invests in securities from developed countries perceived to help businesses use nanotechnology to transform lives and revolutionize different industries. Companies considered should be involved in the production, application, development, or promotion of nanotechnologies. Using natural language processing algorithm, filings and public information are scanned to identify companies that have or are expected to have significant exposure to nanotechnology. Companies are then scored and ranked based on their level of exposure. Only the 30 highest-ranking companies are selected. Securities are weighted by market cap with a maximum limit of 4.5%. The index is reconstituted and rebalanced semi-annually in May and November.Grade (RS Rating)
Last Trade
$48.30
Average Daily Volume
2,183
17
Performance
Period | YOLO | TINY |
---|---|---|
30 Days | -1.69% | -2.42% |
60 Days | 22.79% | -3.35% |
90 Days | 12.36% | 6.48% |
12 Months | 42.43% | 45.08% |
0 Overlapping Holdings
Symbol | Grade | Weight in YOLO | Weight in TINY | Overlap |
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YOLO: Top Represented Industries & Keywords
TINY: Top Represented Industries & Keywords