MJ vs. ARKK ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to ARK Innovation ETF (ARKK)
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
$2.52
Average Daily Volume
913,379
14
ARKK
ARK Innovation ETF
ARKK Description
The investment seeks long-term growth of capital. The fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. The fund currently intends to use only American Depositary Receipts ("ADRs") when purchasing foreign securities. It is non-diversified.Grade (RS Rating)
Last Trade
$56.21
Average Daily Volume
6,881,833
32
Performance
| Period | MJ | ARKK |
|---|---|---|
| 30 Days | -27.06% | 22.84% |
| 60 Days | -22.49% | 19.75% |
| 90 Days | -26.91% | 21.56% |
| 12 Months | -12.69% | 26.83% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MJ | Weight in ARKK | Overlap |
|---|
MJ Underweight 32 Positions Relative to ARKK
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | -14.91% | |
| COIN | C | -9.34% | |
| ROKU | D | -9.33% | |
| RBLX | C | -6.36% | |
| PLTR | B | -5.33% | |
| HOOD | B | -4.82% | |
| SHOP | B | -4.78% | |
| CRSP | D | -4.63% | |
| SQ | B | -4.24% | |
| PATH | C | -2.68% | |
| META | D | -2.42% | |
| PD | C | -2.27% | |
| DKNG | B | -2.15% | |
| RXRX | F | -2.11% | |
| NTLA | F | -2.09% | |
| BEAM | D | -1.91% | |
| TTD | B | -1.89% | |
| TXG | F | -1.84% | |
| TWST | D | -1.8% | |
| VCYT | B | -1.73% | |
| AMZN | C | -1.59% | |
| TER | D | -1.37% | |
| SOFI | A | -1.2% | |
| PINS | D | -1.14% | |
| AMD | F | -1.13% | |
| NTRA | B | -1.12% | |
| ACHR | B | -1.07% | |
| ILMN | D | -0.87% | |
| PACB | F | -0.63% | |
| U | C | -0.48% | |
| CERS | C | -0.36% | |
| PRME | F | -0.14% |
MJ: Top Represented Industries & Keywords
ARKK: Top Represented Industries & Keywords
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