MJ

ETFMG Alternative Harvest ETF
N/A

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

MJ Fund Description

The ETFMG Alternative Harvest ETF tracks a market-cap-weighted index of global firms engaged in the legal cultivation, production, marketing or distribution of cannabis, cannabinoids or tobacco products.

MJ Factset Analytics Insight

MJ is the first pot-focused ETF to trade in the U.S. The fund tracks an index of stocks across the globe that are engaged in the legal cultivation, production, marketing or distribution of cannabis products for either medical or nonmedical purposes. MJ also holds stocks of companies that trade or produce tobacco or tobacco products, or fertilizers, plant foods, pesticides or growing equipment for cannabis or tobacco. In addition, the fund can hold pharmaceutical companies that produce, market or distribute drug products that use cannabinoids.
MJ can only hold companies that are engaged in legal activities and possess all necessary permits. At the time of launch, the fund did not include companies growing or distributing marijuana in the U.S. due to its continuing prohibition at the federal level. The index provider uses publicly available sources to identify companies that derive more than half their revenue from cannabis-related activities. MJ includes roughly 30 stocks, reconstituted and rebalanced quarterly. The expense ratio is on the high side for an index-based equity ETF.

Prior to Feb. 9, 2018, the fund traded under the ticker MJX.
Prior to Dec. 26, 2017, the fund was called the Tierra XP Latin America Real Estate ETF and tracked an index focused on Latin America real estate companies. The ticker symbol was LARE.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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MJ Top 10 Countries View All

MJ Top 10 Sectors

MJ Top 10 Holdings View All

MJ Summary Data

MJ
12/03/15
Open-Ended Fund
0.75%
$400.75M
$48.22M
0.20%

MJ Portfolio Data

$15.85B
-244.43
6.44
2.91%
06/14/16
30

MJ Index Data

N/A
Market Cap
Market Cap
MSCI All Country World Investable Markets + Frontier

Related ETFs to MJ

VT, ACWI, ACIM, XMX, HACW
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

MJ Portfolio Management

0.75%
--
--
--

MJ Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

MJ Fund Structure

Open-Ended Fund
No
Yes
67% / 33%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

MJ Factset Analytics Block Liquidity

As of 02/16/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MJ. MJ is rated a 4 out of 5.

MJ Tradability

1,364,470
$48.22M
885,141
$31.64M
0.20%
$0.07
0.91%
5.33% / -1.46%
None
83.00%
50,000
17.70
0.05%
0.73%
--
$33.26
4

MJ Sector/Industry BreakdownView All

MJSegment Benchmark
10.16% 55.71%
8.27% 31.24%
5.40% 10.03%
11.95% 2.34%

MJ Geographic Exposure

MJSegment Benchmark
3.13% 46.94%
52.02% 34.15%
6.01% 4.57%
3.59% 2.60%
0.59% 2.39%
0.83% 2.34%
1.00% 2.21%
8.31% 2.20%
-- 1.92%

MJSegment Benchmark
55.15% 81.09%
21.26% 11.51%
20.91% 4.80%
1.28% 1.92%
1.41% --
93.93% / 6.07% 97.40% / 1.92%

MJ Performance Statistics

0.11
1.23
1.15
1.13
1.65%
MSCI All Country World Investable Markets + Frontier

MJ BENCHMARK COMPARISON

    MJ
    30 Holdings
    Segment Benchmark
    8854 Constituents
    Shared Holdings
    18 (Count)
     
    1.04% (Weight)
MJSegment Benchmark
114.15 B 15.85 B
73.67% 12.56%
19.10% 27.21%
6.45% 38.48%
0.73% 21.75%
22.94 -244.43
2.15% 1.33%