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ETF Profiles

What Is the VICE ETF? Returns, Expense Ratio, Holdings and Alternative ETFs at a Glance

Updated August 20, 2026 · First published August 19, 2026

The AdvisorShares Vice ETF is an actively managed product offering exposure to the alcohol, tobacco, food and beverage, and gaming themes. For outlook and related-stock analysis, the key points are its distribution profile, how sensitive its holdings are to regulation and shifts in consumer behavior, and the fund's closure notice.

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What Is the AdvisorShares Vice ETF?

The VICE ETF is an actively managed ETF that selects companies mainly from business groups tied to consumption and leisure, such as alcohol, tobacco, food and beverage, and gaming. The manager adjusts the portfolio by weighing each company's financial soundness, earnings quality, and business environment together.

It suits investors who want to understand the effects of regulatory change and shifting consumer preferences, and who want to review specific consumer goods and leisure industry themes separately.

It is an ETF run by AdvisorShares using an active management approach.

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How Does the AdvisorShares Vice ETF Invest?

ItemDetails
Tracking indexN/A
ManagerAdvisorShares
Management styleActive selection
Themes includedIndustries related to alcohol, tobacco, food and beverage, and gaming
Rebalancing frequencyAdjusted at the manager's discretion
Distribution frequencyAnnual distribution
Total expense ratio0.99%

The fund mainly invests in companies that earn meaningful revenue from alcohol, tobacco, food and beverage, and gaming activities. It holds primarily stocks and depositary receipts listed on US exchanges, and at the manager's discretion it adjusts the portfolio after reviewing financial soundness, earnings quality, and the valuation appeal of each business.

  • Active selection covering both consumer goods and leisure themes
  • A management approach that takes regulation and shifts in consumer preferences into account
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AdvisorShares Vice ETF Size and Costs (AUM and Management Fee)

Assets under management (AUM) stand at $6.2M, and the total expense ratio is 0.99% per year.

Unlike passive index-tracking products, the fund's holdings can change based on the manager's judgment, so investors should look not only at the theme itself but also at the stock selection process and trading conditions.

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AdvisorShares Vice ETF Performance and Trends

1-Year Price Performance
Dividend & Yield
Dividend Yield 0.78%
Annual Dividend (TTM) $0.25
1Y Return -8.6%
Next Ex-Dividend Date 8/28/2026
52-Week Price Range
$33
Low $31 High $37
vs. low +5.05% vs. high -10.62%

Performance can be influenced by consumer spending, product preferences, gaming-related demand, and the regulatory environment of each industry. Because of the nature of active management, stock selection results can create performance gaps regardless of the broader market's moves, so it is more appropriate to review the direction of the theme and changes in holdings than short-term returns.

The official page carries notices regarding the fund's closure and liquidation, so investors need to confirm in the official notice whether buying and selling are still possible and how cash settlement will work. In this situation, the trading schedule and the terms for handling remaining holdings become more important considerations than ordinary fund flows.

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AdvisorShares Vice ETF Pros and Cons

Thematic active selection is its strength, but investors must also consider industry concentration, regulatory sensitivity, and the closure notice.

💪 Key Strengths

Blended theme exposure
Industries related to alcohol, tobacco, food and beverage, and gaming can be reviewed together within a single theme.
Active stock selection
The manager can adjust holdings by examining financial soundness and earnings quality.
Reflects consumption trends
It allows analysis of how changes in consumer preferences and leisure activity affect companies in each industry.

⚠️ Points of Caution

Closure notice
The official page carries closure and liquidation notices, so investors should first confirm the terms for handling their holdings.
Regulatory change
Tobacco, alcohol, and gaming industries can be affected by changes in laws and licensing environments.
Industry concentration
It may react more sensitively to weakness in specific consumer goods and leisure industries than the broader market does.
Small-cap volatility
If the weighting of smaller companies rises, uncertainty over price swings and trading conditions can increase.
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AdvisorShares Vice ETF Alternative ETFs and Related Products

In the same-category comparison table, the DYNF ETF shows an actively managed factor rotation approach, the THRO ETF a thematic rotation approach, and the ARKK ETF an active approach centered on innovative companies. Although these share a similar management style with the VICE ETF, they offer different industry exposure, so differences in fees, size, and portfolio composition should be checked together. As directly related alternatives, the MSOS ETF focuses on the US cannabis business and the YOLO ETF on the cannabis industry as a whole, and the MJ ETF can also serve as a comparison when reviewing related industry exposure.

Top Holdings
TickerNameWeightPriceChangeMarket CapP/EDividend Yield
ALTOALTOAlto Ingredients Inc0.12%$3.61+0.6%$280.0M5.4-
MCRIMCRIMonarch Casino & Resort Inc0.11%$112.68-0.7%$2.0B18.11.06%
NTESNetEase Inc ADR0.05%$118.61-0.1%$75.5B16.42.69%
SBUXStarbucks Corp0.05%$100.80-1.1%$114.9B58.12.5%
CHDNCHDNChurchill Downs Inc0.05%$83.73-0.8%$5.8B14.40.55%
ABEVAmbev SA ADR0.05%$3.30-0.9%$50.1B16.95.33%
PMPhilip Morris International Inc0.05%$199.47-1.1%$310.9B29.13.05%
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AdvisorShares Vice ETF Investor Checkpoints

When reviewing the VICE ETF, do not look only at theme exposure. Also check whether trading is possible under the closure and liquidation notice, the industry sensitivity of the holdings, and the distribution policy. In particular, rather than approaching it like an ordinary long-term holding, it is necessary to first confirm the handling terms in the official notice.

CheckpointWhat to CheckCurrent Status
Closure noticeConfirm the liquidation schedule and the terms for handling holdingsOfficial notice must be checked
Theme concentrationReview regulatory and demand changes in consumer goods and leisure industriesBeware of volatility
Distribution policyConfirm the distribution method and tax-related guidanceAnnual distribution
Trading conditionsCheck the gap between market price and net asset value, and whether trading is possibleLiquidity must be checked

Consumer goods and gaming industries can be affected by changes in regulation, consumer preferences, and the economic cycle. In active management, stock selection carries a large weight in performance, and during a product's closure and liquidation, trading conditions and cash settlement terms can become more direct variables than ordinary long-term investment risks.

The VICE ETF is a thematic active product that examines consumption and leisure-related industries together, but it currently carries an official closure and liquidation notice. Therefore, rather than deciding on a new purchase, it is advisable to first confirm whether existing holdings can be traded and how they will be handled, and if exposure to related industries is needed, to compare the purpose and regulatory risks of alternative ETFs before deciding.

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Disclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.

This article reflects information as of August 20, 2026.

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