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ETFs

AdvisorShares Vice ETF

VICE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 12 2017
Expense Ratio
0.99%
Type
US Equities
Fund Owner
Advisor Shares
Volume (1m avg. daily)
$48,342
AUM
$8,418,907
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

NTES
NetEase Inc - ADR
5.44%
LVMUY
Lvmh Moet Hennessy Vuitton SE - ADR - Level I
4.92%
EVRI
Everi Holdings Inc
4.90%
TAST
Carrols Restaurant Group Inc.
4.88%
MGPI
MGP Ingredients, Inc.
4.74%
NVDA
NVIDIA Corp
4.72%
TPB
Turning Point Brands Inc
4.69%
BYD
Boyd Gaming Corp.
4.63%
BTI
British American Tobacco Plc - ADR
4.54%
CCU
Compania Cervecerias Unidas S.A. - ADR
4.48%
Invest with VICE

What is VICE?

The AdvisorShares Vice ETF is an actively managed fund that seeks to to achieve its investment objective by investing in securities of companies that derive at least 50% of their net revenue from tobacco, alcoholic beverages, and companies that derive at least 50% of their net revenue from the marijuana / hemp industry. The investment thesis of the AdvisorShares Vice ETF (Ticker: ACT) believes that investing in select alcohol and tobacco companies will provide continued growth and long-term performance across all types of market environments. Coupled with the continuing societal acceptance and regulatory approvals of cannabis across jurisdictions, a new investment avenue has emerged that provides a compelling upside to complement the steady and more predictable returns of the coined recession-proof equities.

ETFs related toVICE

ETFs correlated to VICE include SPMD, IWS, MDY

VICE
Advisorshares Trust - AdvisorShares Vice ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 ETF
MDYG
SPDR Series Trust - SPDR S&P 400 Mid Cap Growth ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
IJK
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Growth ETF
GRPM
Invesco Capital Management LLC - Invesco S&P MidCap 400 GARP ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toVICE

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with VICE using Composer

FAQ

VICE is a US Equities ETF. The AdvisorShares Vice ETF is an actively managed fund that seeks to to achieve its investment objective by investing in securities of companies that derive at least 50% of their net revenue from tobacco, alcoholic beverages, and companies that derive at least 50% of their net revenue from the marijuana / hemp industry. The investment thesis of the AdvisorShares Vice ETF (Ticker: ACT) believes that investing in select alcohol and tobacco companies will provide continued growth and long-term performance across all types of market environments. Coupled with the continuing societal acceptance and regulatory approvals of cannabis across jurisdictions, a new investment avenue has emerged that provides a compelling upside to complement the steady and more predictable returns of the coined recession-proof equities.

Yes, VICE is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, VICE is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on VICE is -0.0562%. This is the percent change in the value of VICE over the most recent 1-month period. The 3-month return on VICE is -0.0851%. This is the percent change in the value of VICE over the most recent 3-month period.

The standard deviation of VICE for the past year is 0.1617%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VICE include SPHQ, DSI, and QUAL.

ETFs correlated to VICE include SPMD, IWS, and MDY.

ETFs that are inversely correlated to VICE include TZA, SRTY, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.