Smoke 'Em If You Got 'Em: ACT ETF Banks on People's Vices Paying Off

The Advisorshares Vice ETF, trading under the ticker ACTO, focuses on alcohol, cannabis, and tobacco companies. It is actively managed to balance predictable returns from alcohol and tobacco with the growth potential of cannabis. The fund requires that at least half of its holdings' revenue comes from these sectors. Primarily US-based, it includes companies like Thermo Fisher and Boston Beer. ACTO offers exposure to consumer staples, healthcare, and consumer discretionary sectors. Since its inception in 2017, it has amassed $15 million in assets. Although its returns have lagged behind the S&P 500, it has recently outperformed the market. The fund has an expense ratio of 75 basis points and is rated positively by Bloomberg Intelligence, despite being actively managed.

How has the performance of the Advisorshares Vice ETF compared to the S&P 500 since its inception?

What is the expense ratio of the Advisorshares Vice ETF?