YOLO vs. BEDZ

Last updated Aug 2, 2026

YOLO (AdvisorShares Pure Cannabis ETF) and BEDZ (AdvisorShares Hotel ETF) are both exchange-traded funds - YOLO is a Cannabis fund actively managed by AdvisorShares, while BEDZ is a Consumer Discretionary Equities fund actively managed by AdvisorShares. Both are actively managed. Over the past 5 years, YOLO returned -31.98%/yr vs 10.99%/yr for BEDZ. Their 0.41 correlation means their historical movements had little consistent relationship. YOLO charges 0.75%/yr vs 0.99%/yr for BEDZ.

Performance

YOLO vs. BEDZ - Performance Comparison

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

Returns By Period

In the year-to-date period, YOLO achieves a -23.04% return, which is significantly lower than BEDZ's 11.91% return.

YOLO

• 1D: -0.90%
• 1M: -13.02%
• 6M: -12.42%
• YTD: -23.04%
• 1Y: 14.01%
• 3Y*: -1.05%
• 5Y*: -31.98%
• 10Y*: —
• ALL TIME*: -25.59%

BEDZ

• 1D: -0.13%
• 1M: 1.55%
• 6M: 14.32%
• YTD: 11.91%
• 1Y: 18.93%
• 3Y*: 13.22%
• 5Y*: 10.99%
• 10Y*: —
• ALL TIME*: 9.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BEDZ AdvisorShares Hotel ETF	$65.74K	$44.95K	$74.21K
YOLO AdvisorShares Pure Cannabis ETF	$65.57K	$75.89K	$99.07K

YOLO vs. BEDZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
YOLO AdvisorShares Pure Cannabis ETF	-23.04%	36.36%	-17.81%	-15.10%	-72.21%	-33.11%
BEDZ AdvisorShares Hotel ETF	11.91%	3.46%	18.31%	23.88%	-13.40%	7.95%

Correlation

The correlation between YOLO and BEDZ is 0.21, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.21
Correlation (3Y) Balances recent behavior with more history.	0.29
Correlation (5Y) Shows whether the relationship held over a longer period.	0.40
Correlation (All Time) Calculated using the full available price history since Apr 21, 2021	0.41

Over the past year, the correlation between YOLO and BEDZ has dropped to 0.21 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.

YOLO vs. BEDZ - Sectors Allocation Comparison

Sectors	YOLO	BEDZ
Healthcare	51.4%	-
Financial Services	25.1%	-
Consumer Defensive	13.8%	-
Consumer Cyclical	9.5%	44.5%
Real Estate	0.7%	50.6%
Basic Materials	-	-
Communication Services	-	1.5%
Energy	-	-
Industrials	-	4.1%
Technology	-	-
Utilities	-	-

Return for Risk

YOLO vs. BEDZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

YOLO

YOLO Risk / Return Rank: 21
YOLO Sharpe Ratio Rank: 16
YOLO Sortino Ratio Rank: 27
YOLO Omega Ratio Rank: 26
YOLO Calmar Ratio Rank: 19
YOLO Martin Ratio Rank: 16

BEDZ

BEDZ Risk / Return Rank: 34
BEDZ Sharpe Ratio Rank: 32
BEDZ Sortino Ratio Rank: 34
BEDZ Omega Ratio Rank: 30
BEDZ Calmar Ratio Rank: 38
BEDZ Martin Ratio Rank: 33

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

YOLO vs. BEDZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) and AdvisorShares Hotel ETF (BEDZ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	YOLO	BEDZ	Difference
Sharpe ratio: Return per unit of total volatility	0.24	0.79	-0.55
Sortino ratio: Return per unit of downside risk	1.02	1.30	-0.28
Omega ratio: Gain probability vs. loss probability	1.12	1.15	-0.03
Calmar ratio: Return relative to maximum drawdown	0.44	1.34	-0.90
Martin ratio: Return relative to average drawdown	0.70	3.19	-2.48

YOLO vs. BEDZ - Sharpe Ratio Comparison

The current YOLO Sharpe Ratio is 0.24, which is lower than the BEDZ Sharpe Ratio of 0.79. The chart below compares the historical Sharpe Ratios of YOLO and BEDZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

YOLO vs. BEDZ - Drawdown Comparison

The maximum YOLO drawdown since its inception was -94.68%, which is greater than BEDZ's maximum drawdown of -29.70%. Use the drawdown chart below to compare losses from any high point for YOLO and BEDZ.

Drawdown Indicators

	YOLO	BEDZ	Difference
Max Drawdown Largest peak-to-trough decline	-94.68%	-29.70%	-64.98%
Max Drawdown (1Y) Largest decline over 1 year	-41.57%	-12.06%	-29.51%
Max Drawdown (3Y) Largest decline over 3 years	-66.45%	-28.31%	-38.14%
Max Drawdown (5Y) Largest decline over 5 years	-91.67%	-29.70%	-61.97%
Current Drawdown Current decline from peak	-91.00%	-2.43%	-88.57%
Average Drawdown Average peak-to-trough decline	-69.37%	-7.89%	-61.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.76%	5.08%	+20.68%

Volatility

YOLO vs. BEDZ - Volatility Comparison

AdvisorShares Pure Cannabis ETF (YOLO) has a higher volatility of 13.99% compared to AdvisorShares Hotel ETF (BEDZ) at 5.40%. This indicates that YOLO's price experiences larger fluctuations and is considered to be riskier than BEDZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YOLO	BEDZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.99%	5.40%	+8.59%
Volatility (6M) Calculated over the trailing 6-month period	39.12%	15.18%	+23.94%
Volatility (1Y) Calculated over the trailing 1-year period	75.11%	20.40%	+54.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.97%	24.60%	+29.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.23%	24.66%	+26.57%

YOLO vs. BEDZ - Expense Ratio Comparison

YOLO has a 0.75% expense ratio, which is lower than BEDZ's 0.99% expense ratio.

Dividends

YOLO vs. BEDZ - Dividend Comparison

YOLO has not paid dividends to shareholders, while BEDZ's dividend yield for the trailing twelve months is around 2.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BEDZ AdvisorShares Hotel ETF	2.06%	2.31%	0.00%	1.67%	0.21%	0.36%	0.00%	0.00%
YOLO AdvisorShares Pure Cannabis ETF	0.00%	0.00%	3.57%	1.17%	0.55%	3.93%	2.03%	4.52%

Frequently Asked Questions

Can I hold both YOLO and BEDZ in my portfolio?

YOLO and BEDZ have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YOLO or BEDZ?

YOLO has higher volatility (13.99%) compared to BEDZ (5.40%). In terms of maximum drawdown, YOLO dropped -94.68% vs BEDZ's -29.70%.

Which ETF is better, YOLO or BEDZ?

On 5-year performance, BEDZ leads with 10.99% vs -31.98% for YOLO. On fees, YOLO is cheaper at 0.75% per year. On volatility, BEDZ has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YOLO or BEDZ?

Over the 5-year period, BEDZ has performed better with a 10.99% return vs -31.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YOLO or BEDZ?

YOLO is cheaper with a 0.75% expense ratio, compared with 0.99% for BEDZ.

Which ETF pays a higher dividend yield, YOLO or BEDZ?

BEDZ has the higher dividend yield at 2.06%, compared with 0.00% for YOLO.

What is the main difference between YOLO and BEDZ?

YOLO is categorized as Cannabis, while BEDZ is Consumer Discretionary Equities. Their fees differ too: 0.75% for YOLO and 0.99% for BEDZ.

Which has better risk-adjusted returns?

BEDZ currently has the higher Sharpe Ratio (0.79 vs 0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.