MJ ETFMG Alternative Harvest ETF

*Unless otherwise stated, data provided by FactSet.

What is MJ?

MJ tracks an index of global firms engaged in the legal cultivation, production, marketing or distribution of cannabis, cannabinoids or tobacco products. The portfolio is weighted by market cap or equally based on a proprietary system.

MJ Factset Analytics Insight

MJ is the first cannabis-focused ETF to trade in the US. 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. The index identifies companies that legally derive more than half their revenue from cannabis-related activities. MJ also holds stocks of companies that trade or produce tobacco products, fertilizers, plant foods, pesticides, equipment for cannabis or tobacco. Weightings are determined through a proprietary methodology, either by market cap or equally, depending on company engagement to cannabis. The fund does not directly invest in swaps but may hold ETFs utilizing swaps to gain exposure to similar securities. The index is reconstituted and rebalanced quarterly. 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 with the ticker LARE. Before Feb. 9, 2018, the fund traded under the ticker MJX.

PERFORMANCE [as of 03/22/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MJ -14.32% -16.38% -17.14% -63.05% -26.38% -32.88% --
MJ (NAV) -14.70% -15.91% -16.81% -62.83% -26.36% -32.77% --
Prime Alternative Harvest Index -14.28% -16.61% -17.24% -63.63% -27.79% -33.57% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MJ Summary Data

ETFMG
12/02/15
Open-Ended Fund
0.75%
$253.67M
$2.37M
0.24%

MJ Portfolio Data

$4.38B
-3.11
0.84
4.94%
N/A
37

MJ Index Data

Prime Alternative Harvest Index
Proprietary
Market Cap
N/A

MJ Portfolio Management

0.75%
0.60%
1.45%
0.07%

MJ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MJ Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

MJ Factset Analytics Block Liquidity

As of 03/23/23
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 2 out of 5.

MJ Tradability

573,099
$2.37M
530,728
$2.17M
0.24%
$0.01
-0.10%
1.89% / -1.27%
None
97.35%
50,000
10.61
0.09%
91.34%
40,757
$3.55
2

MJ Sector/Industry Breakdown


MJ
Segment Benchmark
68.70%
--
27.68%
--
4.72%
--
3.29%
--
2.51%
--
2.11%
--
0.96%
--
0.77%
--
0.68%
--
-11.41%
--

MJ Top 10 Holdings[View All]

6.18%
SNDL Inc. 4.39%
4.20%
2.39%
98.69%

MJ Countries


MJ
Segment Benchmark
64.26%
--
26.97%
--
2.40%
--
1.98%
--
1.75%
--
0.98%
--

MJ Regions


MJ
Segment Benchmark
91.22%
--
2.97%
--
2.40%
--
1.75%
--

MJ Economic Development


MJ
Segment Benchmark
98.34%
--
0.00%
--

MJ Performance Statistics

--
--
--
--
--
N/A

MJ Benchmark Comparison Holdings

37
--
--
--

MJ Benchmark Comparison Summary


MJ
Segment Benchmark
37
--
$4.38B
--
-3.11
--
0.84
--
2.03%
--
High
--

MJ Benchmark Comparison Market Cap Size


MJ
Segment Benchmark
4.05%
--
2.38%
--
28.33%
--
43.48%
--