YOLO vs. SPY
Compare and contrast key facts about AdvisorShares Pure Cannabis ETF (YOLO) and SPDR S&P 500 ETF (SPY).
YOLO and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YOLO or SPY.
Performance
YOLO vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, YOLO achieves a -10.34% return, which is significantly lower than SPY's 25.36% return.
YOLO
-10.34%
-21.19%
-33.15%
-5.72%
-25.61%
N/A
SPY
25.36%
0.98%
11.79%
31.70%
15.55%
13.07%
Key characteristics
| YOLO | SPY | |
|---|---|---|
| Sharpe Ratio | -0.11 | 2.69 |
| Sortino Ratio | 0.21 | 3.59 |
| Omega Ratio | 1.03 | 1.50 |
| Calmar Ratio | -0.06 | 3.89 |
| Martin Ratio | -0.29 | 17.53 |
| Ulcer Index | 19.82% | 1.87% |
| Daily Std Dev | 51.45% | 12.15% |
| Max Drawdown | -91.56% | -55.19% |
| Current Drawdown | -90.64% | -1.41% |
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YOLO vs. SPY - Expense Ratio Comparison
YOLO has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between YOLO and SPY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
YOLO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
YOLO's dividend yield for the trailing twelve months is around 3.60%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YOLO AdvisorShares Pure Cannabis ETF | 3.60% | 1.18% | 0.56% | 3.93% | 2.03% | 4.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
YOLO vs. SPY - Drawdown Comparison
The maximum YOLO drawdown since its inception was -91.56%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for YOLO and SPY. For additional features, visit the drawdowns tool.
Volatility
YOLO vs. SPY - Volatility Comparison
AdvisorShares Pure Cannabis ETF (YOLO) has a higher volatility of 23.74% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that YOLO's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.