YOLO vs. XLE
Compare and contrast key facts about AdvisorShares Pure Cannabis ETF (YOLO) and Energy Select Sector SPDR Fund (XLE).
YOLO and XLE 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. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YOLO or XLE.
Key characteristics
| YOLO | XLE | |
|---|---|---|
| YTD Return | 36.46% | 11.29% |
| 1Y Return | 52.78% | 21.23% |
| 3Y Return (Ann) | -41.41% | 27.24% |
| 5Y Return (Ann) | -28.54% | 12.97% |
| Sharpe Ratio | 0.97 | 1.01 |
| Daily Std Dev | 53.23% | 18.77% |
| Max Drawdown | -91.56% | -71.54% |
| Current Drawdown | -85.76% | -5.63% |
Correlation
The correlation between YOLO and XLE is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
YOLO vs. XLE - Performance Comparison
In the year-to-date period, YOLO achieves a 36.46% return, which is significantly higher than XLE's 11.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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YOLO vs. XLE - Expense Ratio Comparison
YOLO has a 0.75% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
YOLO vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) and Energy Select Sector SPDR Fund (XLE). 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. XLE - Dividend Comparison
YOLO's dividend yield for the trailing twelve months is around 1.28%, less than XLE's 3.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YOLO AdvisorShares Pure Cannabis ETF | 1.28% | 1.17% | 0.55% | 3.93% | 2.03% | 4.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLE Energy Select Sector SPDR Fund | 3.15% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% | 1.73% |
Drawdowns
YOLO vs. XLE - Drawdown Comparison
The maximum YOLO drawdown since its inception was -91.56%, which is greater than XLE's maximum drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for YOLO and XLE. For additional features, visit the drawdowns tool.
Volatility
YOLO vs. XLE - Volatility Comparison
AdvisorShares Pure Cannabis ETF (YOLO) has a higher volatility of 24.38% compared to Energy Select Sector SPDR Fund (XLE) at 4.67%. This indicates that YOLO's price experiences larger fluctuations and is considered to be riskier than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.