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 $55.8 billion by 2025.¹
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Miscellaneous Sector
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 48.84 | 0.00 | 48.84 |
| Stock US | 34.74 | 0.00 | 34.74 |
| Other | 13.87 | 0.00 | 13.87 |
| Bond | 8.89 | 0.00 | 8.89 |
| Cash | 23.79 | 30.14 | -6.35 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Healthcare | 57.55 | 6.23 |
| Real Estate | 20.22 | 1.65 |
| Consumer Defensive | 10.72 | 0.53 |
| Consumer Cyclicals | 5.75 | 6.90 |
| Basic Materials | 2.65 | 4.69 |
| Technology | 1.94 | 36.56 |
| Industrials | 1.18 | 22.73 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 91.01 | 62.43 |
| Australasia | 2.76 | 1.06 |
| United Kingdom | 2.60 | 2.07 |
| Africa/Middle East | 2.43 | 0.87 |
| Europe Developed | 1.20 | 14.38 |
| Japan | 0.00 | 4.59 |
| Asia Emerging | 0.00 | 8.60 |
| Latin America | 0.00 | 2.38 |
| Asia Developed | 0.00 | 3.23 |
| Europe Emerging | 0.00 | 0.40 |