YOLO vs. MJUS
Compare and contrast key facts about AdvisorShares Pure Cannabis ETF (YOLO) and ETFMG U.S. Alternative Harvest ETF (MJUS).
YOLO and MJUS 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. MJUS is an actively managed fund by ETFMG. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YOLO or MJUS.
Correlation
The correlation between YOLO and MJUS is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
YOLO vs. MJUS - Performance Comparison
Key characteristics
YOLO:
-0.80
MJUS:
-0.88
YOLO:
-1.09
MJUS:
-1.38
YOLO:
0.86
MJUS:
0.82
YOLO:
-0.42
MJUS:
-0.68
YOLO:
-1.29
MJUS:
-1.63
YOLO:
29.98%
MJUS:
38.74%
YOLO:
48.22%
MJUS:
72.15%
YOLO:
-92.27%
MJUS:
-92.43%
YOLO:
-92.16%
MJUS:
-92.38%
Returns By Period
The year-to-date returns for both stocks are quite close, with YOLO having a -8.63% return and MJUS slightly lower at -8.93%.
YOLO
-8.63%
-3.86%
-33.37%
-36.11%
-26.25%
N/A
MJUS
-8.93%
-3.20%
-51.14%
-60.85%
N/A
N/A
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YOLO vs. MJUS - Expense Ratio Comparison
Both YOLO and MJUS have an expense ratio of 0.75%.
Risk-Adjusted Performance
YOLO vs. MJUS — Risk-Adjusted Performance Rank
YOLO
MJUS
YOLO vs. MJUS - Risk-Adjusted Performance 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.
Dividends
YOLO vs. MJUS - Dividend Comparison
YOLO's dividend yield for the trailing twelve months is around 3.93%, less than MJUS's 9.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
YOLO AdvisorShares Pure Cannabis ETF | 3.93% | 3.60% | 1.18% | 0.56% | 3.93% | 2.03% | 4.52% |
MJUS ETFMG U.S. Alternative Harvest ETF | 9.71% | 8.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
YOLO vs. MJUS - Drawdown Comparison
The maximum YOLO drawdown since its inception was -92.27%, roughly equal to the maximum MJUS drawdown of -92.43%. Use the drawdown chart below to compare losses from any high point for YOLO and MJUS. For additional features, visit the drawdowns tool.
Volatility
YOLO vs. MJUS - Volatility Comparison
AdvisorShares Pure Cannabis ETF (YOLO) has a higher volatility of 9.35% compared to ETFMG U.S. Alternative Harvest ETF (MJUS) at 5.17%. This indicates that YOLO's price experiences larger fluctuations and is considered to be riskier than MJUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.