MJ
ETFMG Alternative Harvest
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.lf
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 131.5 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Dec 03, 2015 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| AMPLIFY SEYMOUR CANNABIS ETF | 51.9 % |
| TILRAY, INC. | 10.5 % |
| CRONOS GROUP INC | 8.6 % |
| CANOPY GROWTH CORP | 8.2 % |
| SUNDIAL GROWERS INC. | 6.3 % |
| VILLAGE FARMS INTERNATIONAL, INC. | 4.6 % |
| AURORA CANNABIS INC. | 3.7 % |
| HIGH TIDE, INC. | 3.4 % |
| ORGANIGRAM GLOBAL INC | 1.9 % |
| CASH & OTHER | 0.2 % |
Constituent Breakdown
| Number of holdings | 8 |
| Herfindahl-Hirschman Index | 2,922 |
| Wgt avg mkt cap (mns) | $1,236 |
| Large cap (>$10bn) | 13.0% |
| Mid cap ($2-10bn) | 24.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 39.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 37.0 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -10.8% | 41.1% | -23.1% | -9.7% | -36.6% | -22.3% | -- | -20.8% |
| Dividend Yield | 0.0% | 2.9% | 3.8% | 4.5% | 2.5% | 3.8% | -- | 3.9% |
| Total Returns | -10.8% | 44.0% | -19.2% | -5.2% | -34.1% | -18.4% | -- | -17.0% | Ann. Volatility | 59.8% | 87.0% | 70.1% | 67.0% | 59.9% | 53.0% | -- | 52.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.40 | 4% |
| MSCI EAFE | 1.04 | 3% |
| MSCI Emg Mkts | 0.94 | 5% |
Liquidity Measures
| Avg. volume (000) | 41 |
| ADV traded (mns) | $1 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.72% |
Technical Indicators
| 30d moving avg. (EMA) | $26.21 |
| Relative strength (RSI) | 52 |
| MACD/Signal | 0.13/0.03 |
| Bollinger Bands (Upper/Lower) | $27.65/$24.49 |
| Short interest (% of AUM) | 1.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MJ |
Expenses vs. MJ |
ALTAR Score™ vs. MJ |
|---|---|---|---|---|
| YOLO | AdvisorShares Pure Cannabis ETF | 11.1% | +28 bp | -5.1% |
Risk and Returns: MJ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/8/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
0.0%
ALTAR SCORE™
PERCENTILE
AVOID
ETFRC RATING
There are 1,393 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. MJ's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places MJ in the percentile
among funds in the category.
Sell-Side Consensus
$32.56
PRICE TARGET
+20.5%
UPSIDE