MJ
ETFMG Alternative Harvest ETFMJ Fund Description
MJ 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.
MJ CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
MJ Summary Data
MJ Portfolio Data
MJ Index Data
MJ Top 10 Countries
MJ Top 10 Sectors
MJ Top 10 Holdings [View All]
MJ Portfolio Management
MJ Tax Exposures
MJ Fund Structure
MJ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MJ. MJ is rated a N/A out of 5.
MJ Tradability
MJ Sector/Industry Breakdown
MJ
MJ TOP 10 HOLDINGS[View All]
MJ Countries
MJ
MJ Regions
MJ
MJ Economic Development
MJ
MJ Performance Statistics
MJ BENCHMARK COMPARISON SUMMARY
MJ
MJ BENCHMARK COMPARISON MARKET CAP SIZE
MJ
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use