Saturday , 25 January 2020


November Performance Of The Market’s 15 Cannabis ETFs Ranged From +6.1% To -14.4%

The performance of the 15 marijuana/marijuana-related ETFs varies dramatically depending on their makeup of constituents. In November this segment of the cannabis market ranged from +6.1% to -14.4% (excluding the 2 leveraged ETFs) and declined, on average, 7.3% (compared to -8.4% in October) in total.

By Lorimer Wilson, editor of munKNEE.com – Your KEY To Making Money!

The marijuana & marijuana-related ETFs segment of the cannabis market consists of 15 ETFs of which 2 are US-centric (HMUS; USMJ), 2 are leveraged plays (HMJU; HMJI), 2 are marijuana/marijuana-related plays (ACT; MJ) and the remaining 9 are more broadly based. In addition, 7 the 15 are passively managed and 8 are actively managed.

The ETFs (excluding the leveraged ETFs) experienced a:

  • decline of 7.3% in November, on average, vs. a
  • decline of 8.4% in October, on average vs. a
  • decline of 13.3% in September, on average, following on the heels of a
  • decline of 11.9%, on average, in August.

Below is a summary of  the performance of all 15 marijuana ETFs in November:

Name Symbol Oct.31 Price Nov.30 Price % Change 2019 Peak Price
1. AdvisorShares Pure Cannabis ETF YOLO $13.28 $14.56 -5.6% $26.24
 2. Amplify Seymour Cannabis ETF CNBS $15.88 $14.39 -9.4% $24.93
3.
BetaPro Marijuana Companies 2x Daily Bull ETF
HMJU $4.34 $3.03 -30.2% $21.01
 4. BetaPro Marijuana Companies Inverse ETF HMJI $33.61 $36.79 +9.5% $19.69
 5. Cambria Marijuana Industry ETF TOKE $17.11 $15.54 -9.2% $25.58
 6. Innovation Shares The Cannabis ETF THCX $15.10 $13.37 -11.5% $24.56
 7. Evolve Marijuana Fund ETF SEED $14.03 $12.18 -13.2% $30.26
 8. Global X Marijuana ETF POTX $17.95 $15.36 -14.4% $23.91
 9. Evolve US Marijuana ETF USMJ $10.80 $10.00 -7.4% $21.45
 10. Horizons Emerging Marijuana Growers ETF HMJR $3.17 $2.86 -9.8% $8.25
 11. Advisor Shares VICE ETF ACT $23.59 $25.03 +6.1% $25.84
 12. Horizons Marijuana Life Sciences ETF HMMJ $10.46 $9.18 -12.2% $23.65
 13. ETFMG Alternative Harvest ETF MJ $19.39 $17.29 -10.8% $37.94
14. Horizons US Marijuana Index ETF HMUS 4.56 $4.50 -1.3% $10.51
 15. Purpose Marijuana Opportunities ETF MJJ 18.87 $18.50 -2.0% $36.04

The Advisor Shares VICE ETF (Nasdaq:ACT) was the best performing marijuana/marijuana-related ETF again this month given its 30 diversified holdings (see here) in select alcohol companies (24.0%), alcohol companies with cannabis exposure (7.6%), tobacco companies (8.2%), tobacco companies with cannabis exposure (13.7%), restaurant & entertainment companies (16.1%) and cannabis companies (30.3%).

Leave a Reply

Your email address will not be published. Required fields are marked *