IHE vs. MJ ETF Comparison
Comparison of iShares U.S. Pharmaceutical ETF (IHE) to ETFMG Alternative Harvest ETF (MJ)
IHE
iShares U.S. Pharmaceutical ETF
IHE Description
The investment seeks to track the investment results of an index composed of U.S. equities in the pharmaceuticals sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Pharmaceuticals Index (the "underlying index"), which measures the performance of the pharmaceuticals sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$64.83
Average Daily Volume
56,985
34
MJ
ETFMG Alternative Harvest ETF
MJ Description
MJ tracks the Prime Alternative Harvest Index, designed to measure the performance of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives. First U.S. and world’s largest ETF to target the global cannabis industry. Many other significant applications for cannabis and THC based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management. The global cannabis market is expected to grow at a CAGR of around 17% and reach $55.8 billion by 2025.¹Grade (RS Rating)
Last Trade
$4.23
Average Daily Volume
2,753,226
17
Performance
| Period | IHE | MJ |
|---|---|---|
| 30 Days | -2.99% | 1.44% |
| 60 Days | -5.34% | 25.51% |
| 90 Days | 1.17% | 10.63% |
| 12 Months | 8.12% | 33.49% |
1 Overlapping Holdings
| Symbol | Grade | Weight in IHE | Weight in MJ | Overlap | |
|---|---|---|---|---|---|
| JAZZ | F | 2.92% | 0.48% | 0.48% |
IHE Overweight 33 Positions Relative to MJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | C | 23.02% | |
| JNJ | D | 22.59% | |
| MRK | B | 4.94% | |
| PFE | C | 4.66% | |
| RPRX | C | 4.5% | |
| VTRS | C | 4.48% | |
| BMY | F | 4.42% | |
| CTLT | C | 4.28% | |
| ZTS | D | 3.92% | |
| ITCI | B | 3.0% | |
| ELAN | C | 2.8% | |
| OGN | A | 2.0% | |
| PRGO | A | 1.75% | |
| PBH | B | 1.5% | |
| AXSM | D | 1.2% | |
| ARVN | D | 0.98% | |
| CORT | C | 0.88% | |
| SUPN | C | 0.69% | |
| AMPH | D | 0.65% | |
| PCRX | D | 0.53% | |
| COLL | B | 0.5% | |
| LGND | C | 0.48% | |
| ANIP | B | 0.42% | |
| EWTX | B | 0.42% | |
| HRMY | B | 0.4% | |
| TARS | B | 0.38% | |
| INVA | A | 0.36% | |
| SAVA | B | 0.35% | |
| PLRX | F | 0.28% | |
| AMRX | A | 0.26% | |
| RVNC | F | 0.14% | |
| TBPH | B | 0.13% | |
| AMLX | F | 0.03% |
IHE: Top Represented Industries & Keywords
MJ: Top Represented Industries & Keywords
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