AdvisorShares Vice ETF

Frequently Asked Questions About VICE

What does VICE invest in?

The AdvisorShares Vice ETF operates as an actively managed exchange-traded fund, aiming to achieve its investment objectives by primarily focusing on specific industries. Under typical market circumstances, the fund dedicates at least 80% of its net assets to businesses that derive over half of their net revenue from: (i) the production or sale of tobacco and alcoholic beverages, (ii) the wider food and beverage sector, or (iii) gambling and gaming activities. Its portfolio predominantly consists of equity securities traded on U.S. exchanges, including common and preferred shares, as well as American Depositary Receipts (ADRs).

What is the expense ratio of VICE?

AdvisorShares Vice ETF (VICE) charges an expense ratio of 1.71%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VICE?

AdvisorShares Vice ETF (VICE) manages $7.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is VICE actively managed or an index fund?

VICE is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (VICE's is 1.71%) in exchange for the discretion to over- or under-weight positions.

When was VICE launched?

AdvisorShares Vice ETF (VICE) launched in December 2017 and is managed by AdvisorShares.

How has VICE performed?

VICE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.