MLPA vs. TOKE ETF Comparison
Comparison of Global X MLP ETF (MLPA) to Cambria Cannabis ETF (TOKE)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$50.89
Average Daily Volume
100,239
18
TOKE
Cambria Cannabis ETF
TOKE Description
The investment seeks capital appreciation from investments in the global equity markets that have exposure to the broad cannabis industry. Under normal market conditions, at least 80% of the value of the fund’s net assets (plus borrowings for investment purposes) will be invested in Cannabis Companies. The Advisor generally expects to invest in Cannabis Companies across a broad market capitalization spectrum of micro-, small-, and mid-capitalization stocks.Grade (RS Rating)
Last Trade
$5.44
Average Daily Volume
24,269
11
Performance
| Period | MLPA | TOKE |
|---|---|---|
| 30 Days | 8.42% | -12.23% |
| 60 Days | 7.25% | -9.33% |
| 90 Days | 9.10% | -9.46% |
| 12 Months | 21.48% | 2.27% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MLPA | Weight in TOKE | Overlap |
|---|
MLPA: Top Represented Industries & Keywords
TOKE: Top Represented Industries & Keywords
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