ETFMG Alternative Harvest ETFETFMG Alternative Harvest ETFETFMG Alternative Harvest ETF

ETFMG Alternative Harvest ETF

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Key stats


Assets under management (AUM)
‪157.60 M‬USD
Fund flows (1Y)
‪1.66 M‬USD
Dividend yield (indicated)
7.56%
Discount/Premium to NAV
−1.2%

About ETFMG Alternative Harvest ETF


Issuer
Amplify Holding Co. LLC
Brand
Amplify
Expense ratio
0.78%
Inception date
Dec 3, 2015
Index tracked
Prime Alternative Harvest Index
Management style
Passive
MJ is the first cannabis-focused ETF to trade in the US. The fund tracks an index of stocks across the globe engaged in the legal cultivation, production, marketing or distribution of cannabis products and those that derive more than half of their revenue from cannabis-related activities. MJ also holds companies that trade or produce tobacco products, fertilizers, plant foods, pesticides, and equipment for cannabis or tobacco. Weighting is based on 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 similar exposure. The index is reconstituted and rebalanced quarterly. Before Dec. 26, 2017, the fund was called Tierra XP Latin America Real Estate ETF (Ticker: LARE) that tracked a Latin America real estate index. Prior to Feb. 9, 2018, the fund traded under the ticker MJX. Before Jan. 29, 2023, the fund was named ETFMG Alternative Harvest ETF.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Cannabis
Strategy
Vanilla
Weighting scheme
Proprietary
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 23, 2024
Exposure type
StocksBonds, Cash & Other
Process Industries
Finance
ETF
Stocks59.39%
Process Industries27.35%
Finance11.48%
Health Technology7.27%
Consumer Non-Durables5.29%
Retail Trade3.49%
Technology Services1.92%
Distribution Services1.37%
Miscellaneous1.23%
Bonds, Cash & Other40.61%
ETF40.02%
Mutual fund0.46%
Cash0.13%
Stock breakdown by region
97%2%
North America97.43%
Europe2.57%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows