MJ vs. ARKG ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to ARK Genomic Revolution Multi-Sector ETF (ARKG)
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 2025.¹
Grade (RS Rating)
Last Trade
$2.54
Average Daily Volume
904,244
14
ARKG
ARK Genomic Revolution Multi-Sector ETF
ARKG Description
Companies within ARKG are focused on and are expected to substantially benefit from extending and enhancing the quality of human and other life by incorporating technological and scientific developments and advancements in genomics into their business. The companies held in ARKG may develop, produce or enable: CRISPR Targeted Therapeutics Bioinformatics Molecular Diagnostics Stem Cells Agricultural Biology ARKG will be concentrated in issuers in any industry or group of industries in the health care sector, including issuers having their principal business activities in the biotechnology industry. ARKG is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies across multiple sectors, including health care, information technology, materials, energy and consumer discretionary, that are relevant to the Fund’s investment theme of the genomics revolution.Grade (RS Rating)
Last Trade
$23.22
Average Daily Volume
2,215,896
34
Performance
Period | MJ | ARKG |
---|---|---|
30 Days | -26.38% | -3.53% |
60 Days | -20.43% | -11.54% |
90 Days | -26.33% | -13.90% |
12 Months | -12.00% | -15.87% |
0 Overlapping Holdings
Symbol | Grade | Weight in MJ | Weight in ARKG | Overlap |
---|
MJ Underweight 34 Positions Relative to ARKG
Symbol | Grade | Weight | |
---|---|---|---|
TWST | F | -8.37% | |
RXRX | F | -7.42% | |
CRSP | D | -7.34% | |
ADPT | C | -5.03% | |
CDNA | D | -4.77% | |
VCYT | B | -4.51% | |
SDGR | C | -4.14% | |
BEAM | D | -4.01% | |
NTLA | F | -3.89% | |
IONS | F | -3.85% | |
NTRA | A | -3.82% | |
NRIX | C | -3.78% | |
TXG | F | -3.56% | |
GH | B | -3.49% | |
ARCT | F | -3.19% | |
PSNL | D | -2.7% | |
ABSI | F | -2.19% | |
PACB | F | -2.16% | |
BFLY | B | -1.71% | |
VEEV | C | -1.7% | |
AMGN | F | -1.68% | |
ACCD | D | -1.47% | |
VRTX | D | -1.29% | |
ILMN | C | -1.25% | |
CERS | D | -1.18% | |
INCY | C | -1.11% | |
REGN | F | -0.92% | |
PRME | F | -0.9% | |
CMPS | F | -0.75% | |
MASS | F | -0.69% | |
QSI | C | -0.68% | |
EXAS | D | -0.65% | |
RPTX | F | -0.64% | |
MRNA | F | -0.01% |
MJ: Top Represented Industries & Keywords
ARKG: Top Represented Industries & Keywords