PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TOKE vs. YOLO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TOKE and YOLO is 0.81, 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.


-0.50.00.51.00.8

Performance

TOKE vs. YOLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Cannabis ETF (TOKE) and AdvisorShares Pure Cannabis ETF (YOLO). The values are adjusted to include any dividend payments, if applicable.

-85.00%-80.00%-75.00%-70.00%JulyAugustSeptemberOctoberNovemberDecember
-74.48%
-86.16%
TOKE
YOLO

Key characteristics

Sharpe Ratio

TOKE:

-0.15

YOLO:

-0.31

Sortino Ratio

TOKE:

0.02

YOLO:

-0.14

Omega Ratio

TOKE:

1.00

YOLO:

0.98

Calmar Ratio

TOKE:

-0.06

YOLO:

-0.17

Martin Ratio

TOKE:

-0.47

YOLO:

-0.68

Ulcer Index

TOKE:

10.78%

YOLO:

23.30%

Daily Std Dev

TOKE:

33.91%

YOLO:

50.42%

Max Drawdown

TOKE:

-79.46%

YOLO:

-91.71%

Current Drawdown

TOKE:

-78.06%

YOLO:

-91.71%

Returns By Period

In the year-to-date period, TOKE achieves a -7.21% return, which is significantly higher than YOLO's -20.53% return.


TOKE

YTD

-7.21%

1M

-4.91%

6M

-6.31%

1Y

-3.55%

5Y*

-15.96%

10Y*

N/A

YOLO

YTD

-20.53%

1M

-11.36%

6M

-29.11%

1Y

-14.05%

5Y*

-25.37%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TOKE vs. YOLO - Expense Ratio Comparison

TOKE has a 0.42% expense ratio, which is lower than YOLO's 0.75% expense ratio.


YOLO
AdvisorShares Pure Cannabis ETF
Expense ratio chart for YOLO: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for TOKE: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

TOKE vs. YOLO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Cannabis ETF (TOKE) 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.


Sharpe ratio
The chart of Sharpe ratio for TOKE, currently valued at -0.15, compared to the broader market0.002.004.00-0.15-0.31
The chart of Sortino ratio for TOKE, currently valued at 0.02, compared to the broader market-2.000.002.004.006.008.0010.000.02-0.14
The chart of Omega ratio for TOKE, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.000.98
The chart of Calmar ratio for TOKE, currently valued at -0.06, compared to the broader market0.005.0010.0015.00-0.06-0.17
The chart of Martin ratio for TOKE, currently valued at -0.47, compared to the broader market0.0020.0040.0060.0080.00100.00-0.47-0.68
TOKE
YOLO

The current TOKE Sharpe Ratio is -0.15, which is higher than the YOLO Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of TOKE and YOLO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.400.600.80JulyAugustSeptemberOctoberNovemberDecember
-0.15
-0.31
TOKE
YOLO

Dividends

TOKE vs. YOLO - Dividend Comparison

TOKE's dividend yield for the trailing twelve months is around 3.77%, less than YOLO's 4.06% yield.


TTM20232022202120202019
TOKE
Cambria Cannabis ETF
3.77%4.21%2.12%3.54%4.33%2.26%
YOLO
AdvisorShares Pure Cannabis ETF
4.06%1.18%0.56%3.93%2.03%4.52%

Drawdowns

TOKE vs. YOLO - Drawdown Comparison

The maximum TOKE drawdown since its inception was -79.46%, smaller than the maximum YOLO drawdown of -91.71%. Use the drawdown chart below to compare losses from any high point for TOKE and YOLO. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%JulyAugustSeptemberOctoberNovemberDecember
-78.06%
-91.71%
TOKE
YOLO

Volatility

TOKE vs. YOLO - Volatility Comparison

The current volatility for Cambria Cannabis ETF (TOKE) is 5.46%, while AdvisorShares Pure Cannabis ETF (YOLO) has a volatility of 8.00%. This indicates that TOKE experiences smaller price fluctuations and is considered to be less risky than YOLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
5.46%
8.00%
TOKE
YOLO
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab