MJ vs. HYIN ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to WisdomTree Alternative Income Fund (HYIN)
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
$3.20
Average Daily Volume
757,393
14
HYIN
WisdomTree Alternative Income Fund
HYIN Description
The investment seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index (the ?Index?). Under normal circumstances, at least 80% of the fund?s total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is comprised of registered closed-end investment companies and real estate investment trusts that are listed and publicly traded on a major U.S. stock exchange. It is non-diversified.Grade (RS Rating)
Last Trade
$18.76
Average Daily Volume
6,760
27
Performance
Period | MJ | HYIN |
---|---|---|
30 Days | 2.13% | -1.59% |
60 Days | -3.33% | 0.54% |
90 Days | -2.75% | 1.63% |
12 Months | 1.76% | 14.67% |
0 Overlapping Holdings
Symbol | Grade | Weight in MJ | Weight in HYIN | Overlap |
---|
MJ Underweight 27 Positions Relative to HYIN
Symbol | Grade | Weight | |
---|---|---|---|
RWT | C | -3.33% | |
MITT | C | -3.15% | |
ABR | C | -3.03% | |
BXMT | C | -3.01% | |
PDI | A | -3.01% | |
STWD | C | -2.97% | |
EFC | D | -2.97% | |
GOF | A | -2.96% | |
AGNC | C | -2.95% | |
LADR | D | -2.94% | |
HYT | A | -2.87% | |
JQC | C | -2.84% | |
PTY | A | -2.83% | |
MAIN | B | -2.82% | |
DSU | A | -2.81% | |
ARCC | A | -2.79% | |
FSK | A | -2.78% | |
JFR | A | -2.75% | |
HTGC | C | -2.71% | |
ECC | A | -2.7% | |
GBDC | B | -2.67% | |
OXLC | C | -2.67% | |
BXSL | C | -2.66% | |
VVR | D | -2.65% | |
ARI | F | -2.58% | |
RC | F | -2.55% | |
CMTG | F | -2.53% |
MJ: Top Represented Industries & Keywords
HYIN: Top Represented Industries & Keywords