YOLO vs. SMCI

Last updated Jun 3, 2026

YOLO (AdvisorShares Pure Cannabis ETF) is Cannabis fund actively managed by AdvisorShares, while SMCI (Super Micro Computer, Inc.) is a stock. Over the past 5 years, YOLO returned -30.84%/yr vs 68.98%/yr for SMCI. At a 0.29 correlation, their price movements are largely independent.

Performance

YOLO vs. SMCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Pure Cannabis ETF (YOLO) and Super Micro Computer, Inc. (SMCI). 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 lower than SMCI's 71.40% return.

YOLO

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

SMCI

• 1D: 7.02%
• 1M: 85.20%
• YTD: 71.40%
• 6M: 52.40%
• 1Y: 21.77%
• 3Y*: 31.24%
• 5Y*: 68.98%
• 10Y*: 34.15%

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

YOLO vs. SMCI - 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%
SMCI Super Micro Computer, Inc.	71.40%	-3.97%	7.23%	246.24%	86.80%	38.82%	31.81%	9.33%

Correlation

The correlation between YOLO and SMCI is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since Apr 22, 2019	0.29

Return for Risk

YOLO vs. SMCI — 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

SMCI

SMCI Risk / Return Rank: 50
SMCI Sharpe Ratio Rank: 50
SMCI Sortino Ratio Rank: 52
SMCI Omega Ratio Rank: 53
SMCI Calmar Ratio Rank: 49
SMCI Martin Ratio Rank: 47

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. SMCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) and Super Micro Computer, Inc. (SMCI). 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	SMCI	Difference
Sharpe ratio Return per unit of total volatility	0.82	0.28	+0.55
Sortino ratio Return per unit of downside risk	1.81	0.94	+0.88
Omega ratio Gain probability vs. loss probability	1.22	1.13	+0.09
Calmar ratio Return relative to maximum drawdown	1.42	0.38	+1.04
Martin ratio Return relative to average drawdown	2.69	0.65	+2.03
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. SMCI - Sharpe Ratio Comparison

The current YOLO Sharpe Ratio is 0.82, which is higher than the SMCI Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of YOLO and SMCI, 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	SMCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	0.28	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.58	0.81	-1.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	0.38	-0.84

Drawdowns

YOLO vs. SMCI - Drawdown Comparison

The maximum YOLO drawdown since its inception was -94.68%, which is greater than SMCI's maximum drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for YOLO and SMCI.

Drawdown Indicators

	YOLO	SMCI	Difference
Max Drawdown Largest peak-to-trough decline	-94.68%	-84.84%	-9.84%
Max Drawdown (1Y) Largest decline over 1 year	-41.09%	-66.18%	+25.09%
Max Drawdown (3Y) Largest decline over 3 years	-66.45%	-84.84%	+18.39%
Max Drawdown (5Y) Largest decline over 5 years	-92.47%	-84.84%	-7.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-84.84%	—
Current Drawdown Current decline from peak	-89.05%	-57.77%	-31.28%
Average Drawdown Average peak-to-trough decline	-68.93%	-31.93%	-37.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.75%	38.78%	-17.03%

Volatility

YOLO vs. SMCI - Volatility Comparison

The current volatility for AdvisorShares Pure Cannabis ETF (YOLO) is 11.95%, while Super Micro Computer, Inc. (SMCI) has a volatility of 29.18%. This indicates that YOLO experiences smaller price fluctuations and is considered to be less risky than SMCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YOLO	SMCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.95%	29.18%	-17.23%
Volatility (6M) Calculated over the trailing 6-month period	52.24%	66.15%	-13.91%
Volatility (1Y) Calculated over the trailing 1-year period	74.34%	78.86%	-4.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.58%	85.21%	-31.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.33%	70.42%	-19.09%

Dividends

YOLO vs. SMCI - Dividend Comparison

Neither YOLO nor SMCI has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SMCI Super Micro Computer, 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 SMCI in my portfolio?

YOLO and SMCI have a correlation of 0.34, 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 SMCI?

SMCI has higher volatility (29.18%) compared to YOLO (11.95%). In terms of maximum drawdown, YOLO dropped -94.68% vs SMCI's -84.84%.

Which has better risk-adjusted returns?

YOLO currently has the higher Sharpe Ratio (0.82 vs 0.28), 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.