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Wednesday, August 19, 2026The Morning Brief →Sign in

AdvisorShares Pure Cannabis ETF

$2.95+4.23% today
2.464.2152-WK

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. It is non-diversified.

Price & daily flows
3.833.332.842.95DAILY NET FLOWAug 19Dec 16Apr 17Aug 19

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned -12.7% so far this year. At 1.03% a year it is not the cheapest way in — IBRN runs the same ground at 0.47%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$40Massets under management
1.03%expense ratio · $103 per $10,000 a year
net flow, trailing month
29Kavg daily volume, 30 days
25holdings · US-domiciled
2019listed April 17, 2019 · beta 1.18
Sector weights
Healthcare59.56%
ETF44.42%
Consumer Discretionary30%
Consumer Defensive29.9%
Health Technology11.39%
Real Estate10.55%
Mutual fund9.66%
Process Industries7.72%
Finance7.62%
Retail Trade6.6%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Canada73.89%
United States24.04%
Israel2.07%
Ireland1.22%
Other0.61%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+4.3%
1 month+10.5%
3 months+2.8%
6 months+2.4%
YTD-12.7%
1 year
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
42%realized volatility, 30 days (annualized)
67%realized volatility, 1 year
-41.6%deepest fall from a peak, 1 year
-29.9%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
18calls today
21puts today
1.17put/call ratio
25Kshares traded
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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