ETFMG Alternative Harvest ETF

No trades
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Key stats

Assets under management (AUM)
‪229.51 M‬USD
Fund flows (1Y)
‪−4.17 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.9%

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
ISIN
US0321086318
MJ is the first cannabis-focused ETF to trade in the US. The fund tracks an index of stocks across the globe that are engaged in the legal cultivation, production, marketing or distribution of cannabis products for either medical or nonmedical purposes. The index identifies companies that legally derive more than half their revenue from cannabis-related activities. MJ also holds stocks of companies that trade or produce tobacco products, fertilizers, plant foods, pesticides, equipment for cannabis or tobacco. Weightings are determined through 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 exposure to similar securities. The index is reconstituted and rebalanced quarterly. Prior to Dec. 26, 2017, the fund was called the Tierra XP Latin America Real Estate ETF and tracked an index focused on Latin America real estate companies with the ticker LARE. Before Feb. 9, 2018, the fund traded under the ticker MJX. Prior to January 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
What's in the fund
Exposure type
StocksBonds, Cash & Other
Process Industries
Finance
ETF
Stock breakdown by region
97%1%0.3%

See all ideas 

Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy