CNBS vs. YOLO
Compare and contrast key facts about Amplify Seymour Cannabis ETF (CNBS) and AdvisorShares Pure Cannabis ETF (YOLO).
CNBS and YOLO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNBS is an actively managed fund by Amplify Investments. It was launched on Jul 23, 2019. YOLO is an actively managed fund by AdvisorShares. It was launched on Apr 17, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNBS or YOLO.
Key characteristics
| CNBS | YOLO | |
|---|---|---|
| YTD Return | 2.81% | 10.38% |
| 1Y Return | 0.00% | 7.13% |
| 3Y Return (Ann) | -37.75% | -39.04% |
| 5Y Return (Ann) | -23.24% | -23.09% |
| Sharpe Ratio | 0.02 | 0.19 |
| Sortino Ratio | 0.47 | 0.65 |
| Omega Ratio | 1.06 | 1.08 |
| Calmar Ratio | 0.02 | 0.10 |
| Martin Ratio | 0.07 | 0.52 |
| Ulcer Index | 20.99% | 17.73% |
| Daily Std Dev | 56.87% | 48.51% |
| Max Drawdown | -91.40% | -91.56% |
| Current Drawdown | -89.00% | -88.48% |
Correlation
The correlation between CNBS and YOLO is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CNBS vs. YOLO - Performance Comparison
In the year-to-date period, CNBS achieves a 2.81% return, which is significantly lower than YOLO's 10.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CNBS vs. YOLO - Expense Ratio Comparison
Both CNBS and YOLO have an expense ratio of 0.75%.
Risk-Adjusted Performance
CNBS vs. YOLO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Seymour Cannabis ETF (CNBS) and AdvisorShares Pure Cannabis ETF (YOLO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CNBS vs. YOLO - Dividend Comparison
CNBS has not paid dividends to shareholders, while YOLO's dividend yield for the trailing twelve months is around 2.90%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
CNBS Amplify Seymour Cannabis ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.58% | 0.58% |
YOLO AdvisorShares Pure Cannabis ETF | 2.90% | 1.17% | 0.55% | 3.93% | 2.03% | 4.52% |
Drawdowns
CNBS vs. YOLO - Drawdown Comparison
The maximum CNBS drawdown since its inception was -91.40%, roughly equal to the maximum YOLO drawdown of -91.56%. Use the drawdown chart below to compare losses from any high point for CNBS and YOLO. For additional features, visit the drawdowns tool.
Volatility
CNBS vs. YOLO - Volatility Comparison
Amplify Seymour Cannabis ETF (CNBS) has a higher volatility of 6.20% compared to AdvisorShares Pure Cannabis ETF (YOLO) at 5.36%. This indicates that CNBS's price experiences larger fluctuations and is considered to be riskier than YOLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.