YOLO vs. IYW
YOLO (AdvisorShares Pure Cannabis ETF) and IYW (iShares U.S. Technology ETF) are both exchange-traded funds - YOLO is a Cannabis fund actively managed by AdvisorShares, while IYW is a Technology Equities fund tracking the Russell 1000 Technology RIC 22.5/45 Capped Index. YOLO is actively managed, while IYW is passively managed. Over the past 5 years, YOLO returned -32.93%/yr vs 20.32%/yr for IYW. At a 0.39 correlation, their price movements are largely independent. YOLO charges 0.75%/yr vs 0.38%/yr for IYW.
Performance
YOLO vs. IYW - Performance Comparison
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Returns By Period
In the year-to-date period, YOLO achieves a -19.39% return, which is significantly lower than IYW's 21.96% return.
YOLO
- 1D
- -5.00%
- 1M
- -8.90%
- YTD
- -19.39%
- 6M
- -20.12%
- 1Y
- 51.14%
- 3Y*
- 2.29%
- 5Y*
- -32.93%
- 10Y*
- —
IYW
- 1D
- -3.91%
- 1M
- 0.69%
- YTD
- 21.96%
- 6M
- 20.43%
- 1Y
- 47.04%
- 3Y*
- 32.10%
- 5Y*
- 20.32%
- 10Y*
- 25.94%
YOLO vs. IYW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
YOLO AdvisorShares Pure Cannabis ETF | -19.39% | 36.36% | -17.81% | -15.10% | -72.21% | -20.48% | 47.17% | -51.27% |
IYW iShares U.S. Technology ETF | 21.96% | 25.38% | 30.25% | 65.44% | -34.83% | 35.44% | 47.45% | 16.74% |
Correlation
The correlation between YOLO and IYW is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2019 | 0.39 |
The correlation between YOLO and IYW shifts across timeframes, from 0.26 (3 years) to 0.39 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
YOLO vs. IYW — Risk / Return Rank
YOLO
IYW
YOLO vs. IYW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) and iShares U.S. Technology ETF (IYW). 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 | IYW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.36 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 2.65 | -1.40 |
| Martin ratioReturn relative to average drawdown | 2.25 | 8.46 | -6.21 |
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Drawdowns
YOLO vs. IYW - Drawdown Comparison
The maximum YOLO drawdown since its inception was -94.68%, which is greater than IYW's maximum drawdown of -81.90%. Use the drawdown chart below to compare losses from any high point for YOLO and IYW.
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Drawdown Indicators
| YOLO | IYW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.68% | -81.90% | -12.78% |
Max Drawdown (1Y)Largest decline over 1 year | -41.09% | -17.81% | -23.28% |
Max Drawdown (3Y)Largest decline over 3 years | -66.45% | -26.47% | -39.98% |
Max Drawdown (5Y)Largest decline over 5 years | -92.37% | -39.44% | -52.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.44% | — |
Current DrawdownCurrent decline from peak | -90.57% | -6.35% | -84.22% |
Average DrawdownAverage peak-to-trough decline | -69.06% | -34.59% | -34.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.81% | 5.57% | +17.24% |
Volatility
YOLO vs. IYW - Volatility Comparison
AdvisorShares Pure Cannabis ETF (YOLO) has a higher volatility of 13.47% compared to iShares U.S. Technology ETF (IYW) at 11.15%. This indicates that YOLO's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YOLO | IYW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.47% | 11.15% | +2.32% |
Volatility (6M)Calculated over the trailing 6-month period | 38.34% | 18.45% | +19.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.07% | 22.34% | +52.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.79% | 26.24% | +27.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.30% | 25.26% | +26.04% |
YOLO vs. IYW - Expense Ratio Comparison
YOLO has a 0.75% expense ratio, which is higher than IYW's 0.38% expense ratio.
Dividends
YOLO vs. IYW - Dividend Comparison
YOLO has not paid dividends to shareholders, while IYW's dividend yield for the trailing twelve months is around 0.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IYW iShares U.S. Technology ETF | 0.11% | 0.14% | 0.21% | 0.34% | 0.50% | 0.31% | 0.56% | 0.72% | 0.92% | 0.82% | 1.14% | 1.12% |
YOLO AdvisorShares Pure Cannabis ETF | 0.00% | 0.00% | 3.57% | 1.17% | 0.55% | 3.93% | 2.03% | 4.52% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
YOLO and IYW have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YOLO has higher volatility (13.47%) compared to IYW (11.15%). In terms of maximum drawdown, YOLO dropped -94.68% vs IYW's -81.90%.
On 5-year performance, IYW leads with 20.32% vs -32.93% for YOLO. On fees, IYW is cheaper at 0.38% per year. On volatility, IYW has been the lower-risk option at 11.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IYW has performed better with a 20.32% return vs -32.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IYW is cheaper with a 0.38% expense ratio, compared with 0.75% for YOLO.
IYW has the higher dividend yield at 0.11%, compared with 0.00% for YOLO.
YOLO is categorized as Cannabis, while IYW is Technology Equities. They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 0.75% for YOLO and 0.38% for IYW.
IYW currently has the higher Sharpe Ratio (2.12 vs 0.69), 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.
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