NETL vs. MJ ETF Comparison
Comparison of NETLease Corporate Real Estate ETF (NETL) to ETFMG Alternative Harvest ETF (MJ)
NETL
NETLease Corporate Real Estate ETF
NETL Description
The investment seeks to track the performance, before fees and expenses, of the Fundamental Income Net Lease Real Estate Index. The index is generally composed of the U.S.-listed equity securities of companies that derive at least 85% of their earnings or revenues from real estate operations in the net lease real estate sector ("Eligible Companies"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$25.49
Average Daily Volume
6,169
20
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
$2.54
Average Daily Volume
904,244
14
Performance
Period | NETL | MJ |
---|---|---|
30 Days | -4.21% | -26.38% |
60 Days | -5.28% | -20.43% |
90 Days | -2.54% | -26.33% |
12 Months | 17.80% | -12.00% |
1 Overlapping Holdings
Symbol | Grade | Weight in NETL | Weight in MJ | Overlap | |
---|---|---|---|---|---|
IIPR | D | 3.54% | 6.82% | 3.54% |
NETL: Top Represented Industries & Keywords
MJ: Top Represented Industries & Keywords