Exchange-Traded Funds (ETFs) have transformed the investment landscape, providing investors with convenient exposure to a wide array of sectors and assets. In this comprehensive analysis, we will delve into a thorough comparison between two prominent ETFs: YOLO (AdvisorShares Pure Cannabis ETF) and MSOS (AdvisorShares Pure US Cannabis ETF). Our exploration will encompass key aspects such as ETF tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.
The YOLO and MSOS ETFs operate within the cannabis industry, offering distinct investment approaches. YOLO focuses on the broader global cannabis market, while MSOS concentrates solely on US-based cannabis companies. This fundamental difference in geographic exposure shapes the risk and return profiles of each ETF, a facet we will dissect in the upcoming sections.
The YOLO ETF provides exposure to various segments of the cannabis industry, encompassing both ancillary services and direct cannabis operations. Its top holdings include innovative companies such as Canopy Growth Corp, Cronos Group, and GW Pharmaceuticals. In contrast, MSOS focuses exclusively on US cannabis companies, giving investors access to prominent names like Curaleaf Holdings, Green Thumb Industries, and Trulieve Cannabis. Recognizing these sectoral concentrations and top holdings aids investors in aligning their investment strategies with specific cannabis-related opportunities.
YOLO overlap YOLO VS MSOS: A Comprehensive Comparison of ETFs
With its broader global scope, YOLO encompasses a range of cannabis-related businesses, contributing to its relatively large asset under management (AUM). On the other hand, MSOS's exclusive focus on US cannabis companies establishes a distinct strategy. The difference in capitalization and strategic orientation between the two ETFs introduces varying degrees of risk and return potential, necessitating careful consideration on the part of investors.
YOLO seeks to mirror the performance of an index composed of global companies that derive a significant portion of their revenue from the cannabis industry. This comprehensive exposure encompasses various cannabis-related activities and geographies. In contrast, MSOS concentrates solely on US-based cannabis businesses, making it a targeted vehicle for investors interested specifically in the US cannabis market. Understanding the tracking methodologies and geographic coverage aids investors in selecting the ETF that aligns with their investment objectives.
YOLO and MSOS present unique avenues for investors seeking exposure to the burgeoning cannabis industry. For those who desire a deeper understanding of holdings, correlations, overlaps, and other insightful information, ETF Insider stands as an invaluable resource. With its user-friendly app, ETF Insider provides extensive insights into these ETFs and other financial instruments, empowering investors to make informed decisions.
Disclaimer: This article does not offer any investment advisory services.
Sources:
AdvisorShares Pure Cannabis ETF (YOLO)
AdvisorShares Pure US Cannabis ETF (MSOS)
YOLO ETF issuer
YOLO ETF official page
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