A new actively-managed cannabis ETF that seeks to provide exposure to the fast-developing global… Clicking on any of the links in the table below will provide additional descriptive and quantitative information on Marijuana ETFs. Analytical and entrepreneurial-minded data nerd, usability enthusiast, Boglehead, and Oxford comma advocate. I lead the Paid Search marketing efforts at Gild Group.
Market traders are getting high off marijuana investments, and many are looking to exchange… The push for the legalization of cannabis is not going away, and investors can capture this… Have significant exposure to marijuana stocks, such as those in the alcohol and tobacco industries. Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate. MSOS is second in line in terms of popularity, with about $1.1 billion in assets, which is pretty staggering considering it just launched in late 2020.
MJ has been around since 2015 and is the oldest and most popular weed ETF, with nearly $2 billion in assets. MJ is broader than some of the other funds on this list in that it also includes tobacco. Specifically, this funds captures companies globally involved in the legal cultivation, production, marketing or distribution of cannabis, cannabinoids or tobacco products.
POTX has a little over $200 million in assets and an expense ratio of 0.50%, making it by far the most affordable fund on this list. The fund looks globally in developed markets for companies with at least half their revenue or assets from the marijuana industry. Companies expected to meet this criterion in the near future are also included. Finder ROW Pty Ltd provides factual information on and compares many, but not all, products and services. We are not a product issuer, credit provider or financial advisers nor are we a credit intermediary or broker.
Ticker or name to go to its detail page, for in-depth news, financial data and graphs. By default the list is ordered by descending total market capitalization. THCX from OBP Capital is the mt4 on catalina least popular fund on the list, with about $190 million in assets. Information is provided ‚as is‘ and solely for informational purposes, not for trading purposes or advice, and is delayed.
Its average market cap is higher than that of YOLO and MSOS, but not as high as MJ. The fund is highly concentrated in Canada at about 64%. A long-running debate in asset allocation circles is how much of a portfolio an investor should… © 2022 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions. These were last week’s top performing leveraged and inverse ETFs.
I’m not a big fan of social media, but you can find me on LinkedIn and Reddit. All these marijuana ETFs should be available at any major broker. The broker has zero trade commissions and zero account fees, and offers fractional shares, dynamic rebalancing, and a modern, user-friendly interface and mobile app. I wrote a comprehensive review of M1 Finance here.
It is also actively managed, but unlike MSOS, includes foreign cannabis-focused companies outside the U.S. Companies must derive at least half of their revenue from the marijuana and hemp industries. MSOS is actively managed and looks for cannabis-focused companies in the U.S. and Canada. The fund also tilts toward smaller stocks than MJ above. This fund seeks to track the Prime Alternative Harvest Index, a market cap weighted index composed of companies that legally derive more than half their revenue from cannabis-related activities. Prior to new legislation, this fund avoided U.S. companies, but is now exposed to the U.S. for 38%.
If you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us. If you are unsure you should get independent advice before you apply for any product or commit to any plan. Note though that your local dispensaries and family-owned shops are not publicly traded companies. Weed ETFs typically hold biotech companies involved in the medical development and applications of cannabis. Pot ETFs may also carry some regulatory risk should the U.S. DOJ choose to prosecute firms at the federal level.
Regardless, choices abound and capital inflows to these funds are high, illustrating the popularity of and belief in the industry as a whole. We are an independent comparison platform and information service that aims to provide you with the tools ironfx review you need to make better decisions. While we are independent, we may receive compensation from our partners for featured placement of their products or services. We may also receive compensation if you click on certain links posted on our site.
This fund is cheaper by 1 basis point compared to MJ above, with a fee of 0.74%. Marijuana ETFs allow investors to access a diversified basket of stocks without having to pick them individually, which would be very risky. Want to enhance your exposure to the myriad of cannabis and CBD applications? Here we’ll check out 5 of the best marijuana ETFs for 2022.
Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision. YOLO launched in mid-2019 and has about $500 million in assets.