YOLO vs. MJUS

Last updated Jun 3, 2026

YOLO (AdvisorShares Pure Cannabis ETF) and MJUS (ETFMG U.S. Alternative Harvest ETF) are both Cannabis funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

YOLO vs. MJUS - Performance Comparison

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

Returns By Period

YOLO

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

MJUS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YOLO vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
YOLO AdvisorShares Pure Cannabis ETF	-6.36%	36.36%	-17.81%	-15.10%	-72.21%	-28.47%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-66.89%	-39.41%

Correlation

The correlation between YOLO and MJUS is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since May 14, 2021	0.57

The correlation between YOLO and MJUS shifts across timeframes, from 0.33 (3 years) to 0.57 (all time), reflecting how their relationship changes across market environments.

YOLO vs. MJUS - Sectors Allocation Comparison

Sectors	YOLO	MJUS
Financial Services	61.5%	4.7%
Healthcare	24.3%	14.1%
Consumer Defensive	13.4%	-
Consumer Cyclical	0.9%	0.8%
Real Estate	0.7%	1.6%
Basic Materials	-	-
Communication Services	-	-
Energy	-	-
Industrials	-	-
Technology	-	3.6%
Utilities	-	-

Return for Risk

YOLO vs. MJUS — 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

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. MJUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) and ETFMG U.S. Alternative Harvest ETF (MJUS). 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	MJUS	Difference
Sharpe ratio Return per unit of total volatility	0.82	—	—
Sortino ratio Return per unit of downside risk	1.81	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	1.42	—	—
Martin ratio Return relative to average drawdown	2.69	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	YOLO	MJUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	—	—

Drawdowns

Drawdown Indicators

	YOLO	MJUS	Difference
Max Drawdown Largest peak-to-trough decline	-94.68%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-41.09%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-66.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-92.47%	—	—
Current Drawdown Current decline from peak	-89.05%	—	—
Average Drawdown Average peak-to-trough decline	-68.93%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	21.75%	—	—

Volatility

Volatility by Period

	YOLO	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	52.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	74.34%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.58%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.33%	—	—

YOLO vs. MJUS - Expense Ratio Comparison

Both YOLO and MJUS have an expense ratio of 0.75%.

Dividends

YOLO vs. MJUS - Dividend Comparison

Neither YOLO nor MJUS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
MJUS ETFMG U.S. Alternative Harvest ETF	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 MJUS in my portfolio?

YOLO and MJUS have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YOLO or MJUS?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YOLO or MJUS?

YOLO and MJUS have the same expense ratio: 0.75% per year.

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

YOLO and MJUS have nearly identical dividend yields, around 0.00%.

What is the main difference between YOLO and MJUS?

They also come from different issuers: AdvisorShares and ETFMG.