MJ vs. BYRE ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to Principal Real Estate Active Opportunities ETF (BYRE)
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
$4.30
Average Daily Volume
2,643,130
17
BYRE
Principal Real Estate Active Opportunities ETF
BYRE Description
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies principally engaged in the real estate industry at the time of purchase. It invests primarily in equity securities of U.S. companies, including those of small companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.84
Average Daily Volume
1,075
22
Performance
Period | MJ | BYRE |
---|---|---|
30 Days | 12.86% | 3.15% |
60 Days | 27.96% | -0.60% |
90 Days | 26.48% | 1.43% |
12 Months | 35.28% | 3.05% |
0 Overlapping Holdings
Symbol | Grade | Weight in MJ | Weight in BYRE | Overlap |
---|
MJ Underweight 22 Positions Relative to BYRE
Symbol | Grade | Weight | |
---|---|---|---|
VTR | B | -8.06% | |
INVH | B | -7.03% | |
AMT | C | -6.96% | |
EXR | B | -6.7% | |
REXR | F | -5.57% | |
WELL | B | -5.01% | |
EQIX | C | -4.78% | |
SUI | D | -4.78% | |
AMH | C | -4.68% | |
GLPI | D | -4.41% | |
VICI | B | -4.39% | |
TRNO | D | -4.38% | |
SBAC | F | -4.24% | |
SBRA | B | -4.07% | |
COLD | D | -3.97% | |
DLR | C | -3.96% | |
ARE | C | -3.26% | |
NHI | A | -3.24% | |
CCI | C | -2.21% | |
RHP | D | -2.15% | |
DRH | F | -1.98% | |
VAC | C | -1.81% |
MJ: Top Represented Industries & Keywords
BYRE: Top Represented Industries & Keywords