YOLO’s selection universe is potentially broad, giving the fund, assuming it comes to market, exposure beyond dedicated cannabis companies.

“Cannabis stocks may be categorized among a wide variety of sectors and industries including agriculture, biotechnology, pharmaceuticals, real estate, retail, and finance. The types of companies that may engage in cannabis-related business include companies that conduct medical research, produce drug products, manufacture hemp products, or engage in agricultural activities, real estate activities, or financial services activities,” according to the filing.

The YOLO filing does not include an expense ratio.

For more market trends, visit ETF Trends.