Key stats
About Cambria Cannabis ETF
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Inception date
Jul 25, 2019
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Cambria Investment Management LP
Distributor
ALPS Distributors, Inc.
TOKE is an actively-managed cannabis and hemp fund. The fund aims to hold around 20 to 50 stocks providing broad exposure to the global cannabis industry. This includes companies that (i) engage in or support the legal production, cultivation, and/or sale of cannabis, including marijuana and hemp, such as certain agrobusiness, biotechnology, life sciences, pharmaceutical, retail, finance, and real estate companies, (ii) perform lawful research as to the medical and pharmaceutical applications of marijuana and cannabis extracts, including cannabinoids, or (iii) produce and develop devices, goods, and equipment related to the cannabis industry, including hemp and its legal derivatives. TOKE only invests in publicly-traded, legally-operating businesses. The funds portfolio rebalances at least once a year.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Non-Durables
Cash
Mutual fund
Stocks57.73%
Consumer Non-Durables29.25%
Health Technology7.67%
Miscellaneous5.27%
Technology Services5.13%
Process Industries4.08%
Distribution Services2.16%
Finance2.14%
Retail Trade2.03%
Bonds, Cash & Other42.27%
Cash31.92%
Mutual fund10.35%
Stock breakdown by region
North America75.94%
Europe24.06%
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
Frequently Asked Questions
TOKE invests in stocks. The fund's major sectors are Consumer Non-Durables, with 29.25% stocks, and Health Technology, with 7.67% of the basket. The assets are mostly located in the North America region.
TOKE last dividends amounted to 0.14 USD. The quarter before, the issuer paid 0.08 USD in dividends, which shows a 42.63% increase.
TOKE assets under management is 11.61 M USD. It's fallen 2.78% over the last month.
TOKE fund flows account for 3.34 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TOKE pays dividends to its holders with the dividend yield of 6.05%. The last dividend (Dec 30, 2024) amounted to 0.14 USD. The dividends are paid quarterly.
TOKE shares are issued by Cambria Investment Management LP under the brand Cambria. The ETF was launched on Jul 25, 2019, and its management style is Active.
TOKE expense ratio is 0.43% meaning you'd have to pay 0.43% of your investment to help manage the fund.
TOKE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TOKE invests in stocks.
TOKE price has fallen by −4.38% over the last month, and its yearly performance shows a −23.38% decrease. See more dynamics on TOKE price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.09% over the last month, showed a −1.72% decrease in three-month performance and has decreased by −18.74% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.09% over the last month, showed a −1.72% decrease in three-month performance and has decreased by −18.74% in a year.
TOKE trades at a premium (0.97%) meaning the ETF is trading at a higher price than the calculated NAV.