MJ vs. CUT ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to Invesco MSCI Global Timber ETF (CUT)
MJ
ETFMG Alternative Harvest ETF
MJ Description
MJ tracks the Prime Alternative Harvest Index, designed to measure the performance of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives. First U.S. and world’s largest ETF to target the global cannabis industry. Many other significant applications for cannabis and THC based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management. The global cannabis market is expected to grow at a CAGR of around 17% and reach $55.8 billion by 2025.¹
Grade (RS Rating)
Last Trade
$3.11
Average Daily Volume
845,811
14
CUT
Invesco MSCI Global Timber ETF
CUT Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$33.62
Average Daily Volume
3,201
18
Performance
Period | MJ | CUT |
---|---|---|
30 Days | -5.18% | 4.86% |
60 Days | -7.16% | 3.17% |
90 Days | -8.82% | 0.65% |
12 Months | -13.08% | 15.79% |
0 Overlapping Holdings
Symbol | Grade | Weight in MJ | Weight in CUT | Overlap |
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MJ: Top Represented Industries & Keywords
CUT: Top Represented Industries & Keywords