5 Weirdest, Unusual ETFs You Can Buy

2. AdvisorShares Vice ETF (NYSE:VICE)

AdvisorShares Vice ETF (NYSE:VICE)’s motto is simple: invest in vices that people love. AdvisorShares Vice ETF (NYSE:VICE) believes in the “virtues” of vice and gives exposure to companies that sell products or services that people find pleasure in, “regardless of economic conditions.” AdvisorShares Vice ETF (NYSE:VICE) invests in companies that are operating in industries often categorized as sin or vice industries, including tobacco, gaming, food, hospitality and entertainment.

Among the biggest holdings of AdvisorShares Vice ETF (NYSE:VICE) include Turning Point Brands, Inc. (NYSE:TPB), MGM Resorts International (NYSE:MGM) and Boyd Gaming Corporation (NYSE:BYD).

MGM Resorts International (NYSE:MGM) is also popular among the hedge funds tracked by Insider Monkey. 50 hedge funds reported owning stakes in the gambling company as of the end of the June quarter. The company’s EPS in the second quarter came in at $0.59 beating estimates by $0.07. Revenue in the period jumped 21% year over year to $3.94 billion, beating estimates by $140 million.