YMAG vs. MJ ETF Comparison
Comparison of YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) to ETFMG Alternative Harvest ETF (MJ)
YMAG
YieldMax Magnificent 7 Fund of Option Income ETFs
YMAG Description
The fund is a "fund of funds," meaning that it primarily invests its assets in the shares of other ETFs, rather than in securities of individual companies. Under normal circumstances, the fund will be nearly fully invested in the seven Underlying YieldMax" ETFs; provided that for tax purposes, instead of investing in a particular Underlying YieldMax" ETF, the fund may invest directly in substantially the same instruments held by that same Underlying YieldMax" ETF. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$19.33
Average Daily Volume
525,514
6
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 | YMAG | MJ |
---|---|---|
30 Days | 5.45% | -26.38% |
60 Days | 7.51% | -20.43% |
90 Days | 9.08% | -26.33% |
12 Months | -12.00% |
0 Overlapping Holdings
Symbol | Grade | Weight in YMAG | Weight in MJ | Overlap |
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YMAG: Top Represented Industries & Keywords
MJ: Top Represented Industries & Keywords