MJUS vs. MJ ETF Comparison
Comparison of ETFMG U.S. Alternative Harvest ETF (MJUS) to ETFMG Alternative Harvest ETF (MJ)
MJUS
ETFMG U.S. Alternative Harvest ETF
MJUS Description
The U.S. Alternative Harvest ETF (MJUS) is a portfolio of companies that are active in the United States cannabis market. MJUS is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the “Cannabis Business” in the United States, and in derivatives that have economic characteristics similar to such securities. The companies that MJUS will invest in generally are representative of the components of the Prime U.S. Alternative Harvest Index
Grade (RS Rating)
Last Trade
$0.96
Average Daily Volume
171,477
5
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 2025.¹Grade (RS Rating)
Last Trade
$2.52
Average Daily Volume
913,379
14
Performance
Period | MJUS | MJ |
---|---|---|
30 Days | -41.10% | -27.06% |
60 Days | -37.04% | -22.49% |
90 Days | -39.62% | -26.91% |
12 Months | -40.36% | -12.69% |
MJUS Overweight 0 Positions Relative to MJ
Symbol | Grade | Weight |
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MJUS: Top Represented Industries & Keywords
MJ: Top Represented Industries & Keywords