YOLO vs. HITI

Last updated Jun 3, 2026

YOLO (AdvisorShares Pure Cannabis ETF) is Cannabis fund actively managed by AdvisorShares, while HITI (High Tide Inc) is a stock. Over the past 5 years, YOLO returned -30.84%/yr vs -22.93%/yr for HITI. At a 0.40 correlation, their price movements are largely independent.

Performance

YOLO vs. HITI - Performance Comparison

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

Returns By Period

In the year-to-date period, YOLO achieves a -6.36% return, which is significantly higher than HITI's -9.81% return.

YOLO

• 1D: -0.64%
• 1M: -2.94%
• YTD: -6.36%
• 6M: 6.55%
• 1Y: 60.94%
• 3Y*: 7.40%
• 5Y*: -30.84%
• 10Y*: —

HITI

• 1D: -1.65%
• 1M: -2.45%
• YTD: -9.81%
• 6M: -9.47%
• 1Y: 4.37%
• 3Y*: 22.50%
• 5Y*: -22.93%
• 10Y*: —

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

YOLO vs. HITI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
YOLO AdvisorShares Pure Cannabis ETF	-6.36%	36.36%	-17.81%	-15.10%	-72.21%	-20.48%	47.17%	-50.02%
HITI High Tide Inc	-9.81%	-14.24%	89.57%	5.84%	-63.76%	41.45%	47.39%	-59.31%

Correlation

The correlation between YOLO and HITI is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Apr 22, 2019	0.40

The correlation between YOLO and HITI has been stable across timeframes, ranging from 0.40 to 0.50 - a consistent structural relationship.

Return for Risk

YOLO vs. HITI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YOLO

YOLO Risk / Return Rank: 28
YOLO Sharpe Ratio Rank: 24
YOLO Sortino Ratio Rank: 34
YOLO Omega Ratio Rank: 32
YOLO Calmar Ratio Rank: 29
YOLO Martin Ratio Rank: 21

HITI

HITI Risk / Return Rank: 42
HITI Sharpe Ratio Rank: 43
HITI Sortino Ratio Rank: 42
HITI Omega Ratio Rank: 40
HITI Calmar Ratio Rank: 43
HITI Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YOLO vs. HITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) and High Tide Inc (HITI). 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.

	YOLO	HITI	Difference
Sharpe ratio Return per unit of total volatility	0.82	0.09	+0.74
Sortino ratio Return per unit of downside risk	1.81	0.53	+1.28
Omega ratio Gain probability vs. loss probability	1.22	1.06	+0.16
Calmar ratio Return relative to maximum drawdown	1.42	0.14	+1.28
Martin ratio Return relative to average drawdown	2.69	0.22	+2.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YOLO vs. HITI - Sharpe Ratio Comparison

The current YOLO Sharpe Ratio is 0.82, which is higher than the HITI Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of YOLO and HITI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	YOLO	HITI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	0.09	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.58	-0.37	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	-0.09	-0.38

Drawdowns

YOLO vs. HITI - Drawdown Comparison

The maximum YOLO drawdown since its inception was -94.68%, roughly equal to the maximum HITI drawdown of -91.20%. Use the drawdown chart below to compare losses from any high point for YOLO and HITI.

Drawdown Indicators

	YOLO	HITI	Difference
Max Drawdown Largest peak-to-trough decline	-94.68%	-91.20%	-3.48%
Max Drawdown (1Y) Largest decline over 1 year	-41.09%	-44.22%	+3.13%
Max Drawdown (3Y) Largest decline over 3 years	-66.45%	-51.56%	-14.89%
Max Drawdown (5Y) Largest decline over 5 years	-92.47%	-87.81%	-4.66%
Current Drawdown Current decline from peak	-89.05%	-79.78%	-9.27%
Average Drawdown Average peak-to-trough decline	-68.93%	-68.43%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.75%	28.65%	-6.90%

Volatility

YOLO vs. HITI - Volatility Comparison

AdvisorShares Pure Cannabis ETF (YOLO) has a higher volatility of 11.95% compared to High Tide Inc (HITI) at 9.56%. This indicates that YOLO's price experiences larger fluctuations and is considered to be riskier than HITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YOLO	HITI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.95%	9.56%	+2.39%
Volatility (6M) Calculated over the trailing 6-month period	52.24%	30.75%	+21.49%
Volatility (1Y) Calculated over the trailing 1-year period	74.34%	49.57%	+24.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.58%	62.83%	-9.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.33%	81.50%	-30.17%

Dividends

YOLO vs. HITI - Dividend Comparison

Neither YOLO nor HITI has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HITI High Tide Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	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 HITI in my portfolio?

YOLO and HITI have a correlation of 0.50, 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 HITI?

YOLO has higher volatility (11.95%) compared to HITI (9.56%). In terms of maximum drawdown, YOLO dropped -94.68% vs HITI's -91.20%.

Which has better risk-adjusted returns?

YOLO currently has the higher Sharpe Ratio (0.82 vs 0.09), 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.