KBWY vs. MJ ETF Comparison
Comparison of PowerShares KBW Premium Yield Equity REIT Portfolio ETF (KBWY) to ETFMG Alternative Harvest ETF (MJ)
KBWY
PowerShares KBW Premium Yield Equity REIT Portfolio ETF
KBWY Description
The PowerShares KBW Premium Yield Equity REIT Portfolio (Fund) is based on the KBW Premium Yield Equity REIT Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 small- and mid-cap equity REITs in the United States. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$19.42
Average Daily Volume
108,134
27
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
$2.57
Average Daily Volume
901,619
14
Performance
Period | KBWY | MJ |
---|---|---|
30 Days | -4.97% | -20.43% |
60 Days | -7.32% | -19.49% |
90 Days | 0.18% | -23.49% |
12 Months | 19.33% | -10.68% |
1 Overlapping Holdings
Symbol | Grade | Weight in KBWY | Weight in MJ | Overlap | |
---|---|---|---|---|---|
IIPR | F | 2.96% | 6.82% | 2.96% |
KBWY Overweight 26 Positions Relative to MJ
Symbol | Grade | Weight | |
---|---|---|---|
GNL | D | 6.33% | |
GOOD | B | 5.09% | |
SVC | F | 4.94% | |
GMRE | F | 4.91% | |
SBRA | B | 4.41% | |
DEA | D | 4.36% | |
OUT | A | 4.34% | |
APLE | B | 4.19% | |
OHI | C | 4.03% | |
EPR | D | 3.95% | |
LTC | B | 3.79% | |
HIW | D | 3.58% | |
BNL | D | 3.5% | |
AHH | D | 3.49% | |
GTY | A | 3.3% | |
GLPI | C | 3.25% | |
WPC | C | 3.17% | |
SLG | B | 3.0% | |
PDM | D | 2.91% | |
AAT | A | 2.86% | |
FCPT | C | 2.85% | |
LXP | D | 2.61% | |
KIM | A | 2.6% | |
NSA | C | 2.6% | |
NXRT | A | 2.21% | |
OPI | F | 0.59% |
KBWY: Top Represented Industries & Keywords
MJ: Top Represented Industries & Keywords