YOLO vs. GDX
Compare and contrast key facts about AdvisorShares Pure Cannabis ETF (YOLO) and VanEck Vectors Gold Miners ETF (GDX).
YOLO and GDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YOLO is an actively managed fund by AdvisorShares. It was launched on Apr 17, 2019. GDX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Gold Miners Index. It was launched on May 22, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YOLO or GDX.
Performance
YOLO vs. GDX - Performance Comparison
Returns By Period
In the year-to-date period, YOLO achieves a -11.02% return, which is significantly lower than GDX's 21.64% return.
YOLO
-11.02%
-20.49%
-31.96%
-7.72%
-25.06%
N/A
GDX
21.64%
-12.73%
6.40%
31.25%
8.49%
7.64%
Key characteristics
| YOLO | GDX | |
|---|---|---|
| Sharpe Ratio | -0.13 | 1.07 |
| Sortino Ratio | 0.18 | 1.59 |
| Omega Ratio | 1.02 | 1.19 |
| Calmar Ratio | -0.07 | 0.61 |
| Martin Ratio | -0.32 | 4.32 |
| Ulcer Index | 19.99% | 7.97% |
| Daily Std Dev | 51.45% | 32.18% |
| Max Drawdown | -91.56% | -80.57% |
| Current Drawdown | -90.71% | -36.40% |
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YOLO vs. GDX - Expense Ratio Comparison
YOLO has a 0.75% expense ratio, which is higher than GDX's 0.53% expense ratio.
Correlation
The correlation between YOLO and GDX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
YOLO vs. GDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) and VanEck Vectors Gold Miners ETF (GDX). 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
YOLO vs. GDX - Dividend Comparison
YOLO's dividend yield for the trailing twelve months is around 3.63%, more than GDX's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YOLO AdvisorShares Pure Cannabis ETF | 3.63% | 1.18% | 0.56% | 3.93% | 2.03% | 4.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GDX VanEck Vectors Gold Miners ETF | 1.33% | 1.61% | 1.66% | 1.67% | 0.53% | 0.65% | 0.50% | 0.76% | 0.26% | 0.85% | 0.66% | 0.90% |
Drawdowns
YOLO vs. GDX - Drawdown Comparison
The maximum YOLO drawdown since its inception was -91.56%, which is greater than GDX's maximum drawdown of -80.57%. Use the drawdown chart below to compare losses from any high point for YOLO and GDX. For additional features, visit the drawdowns tool.
Volatility
YOLO vs. GDX - Volatility Comparison
AdvisorShares Pure Cannabis ETF (YOLO) has a higher volatility of 22.45% compared to VanEck Vectors Gold Miners ETF (GDX) at 10.34%. This indicates that YOLO's price experiences larger fluctuations and is considered to be riskier than GDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.