YOLO Fees and Costs — AdvisorShares Pure Cannabis ETF
Data updated: 2026-09-10
The net expense ratio is 0.51%: a 0.37% management fee plus 0.54% other expenses, less a 0.40% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $353K in broker commissions, 0.9631% of average net assets, and portfolio turnover was 30%.
YOLO Fees and Expenses
Annual operating expenses and sales charges of YOLO. Prospectus, as of November 1, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.54% |
| Gross expense ratio | 0.91% |
| Fee waiver | −0.40% |
| Net expense ratio | 0.51% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
YOLO Costs Over Time
On $10,000 invested in YOLO, assuming 5% a year before costs, total costs come to $913 over 5 years, cutting the return by 1.55% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.51%) | $54 | $166 | $287 |
| Trading costs (broker commissions) | $101 | $314 | $542 |
| Lost growth on money paid in costs | $0 | $24 | $84 |
| Total costs | $155 | $504 | $913 |
| Value after costs | $10,345 | $11,072 | $11,850 |
| Impact on return, per year | 1.55% | 1.55% | 1.55% |
YOLO Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.9631%
- Total broker commissions: $353K
- Bought from dealers (principal trades, not a cost): $8.3M
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $54K (0.147% of average net assets)
YOLO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $353K | 100.00% |
YOLO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $7.0M | 84.44% |
| VIRTU AMERICAS LLC | $1.3M | 15.56% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.