MJ vs. CGBL ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to Capital Group Core Balanced ETF (CGBL)
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
CGBL
Capital Group Core Balanced ETF
CGBL Description
In seeking to pursue its investment objective, the fund varies its mix of direct or indirect exposure to equity securities, debt securities and money market instruments and cash. Under normal market conditions, the fund"s investment adviser will maintain the following investment mix: 50%-75% in equity securities, at least 25% in debt securities, and the remainder of the fund"s assets (if any) in money market instruments and cash. The fund is non-diversified.Grade (RS Rating)
Last Trade
$31.62
Average Daily Volume
356,646
59
Performance
Period | MJ | CGBL |
---|---|---|
30 Days | -27.06% | 1.05% |
60 Days | -22.49% | 1.48% |
90 Days | -26.91% | 3.06% |
12 Months | -12.69% | 22.06% |
MJ Underweight 57 Positions Relative to CGBL
Symbol | Grade | Weight | |
---|---|---|---|
CGCP | D | -26.19% | |
AVGO | D | -5.19% | |
MSFT | F | -3.26% | |
META | D | -3.01% | |
TSM | B | -2.46% | |
BKNG | A | -2.08% | |
VRTX | F | -2.05% | |
LLY | F | -1.94% | |
GOOG | C | -1.87% | |
APO | B | -1.66% | |
HD | A | -1.65% | |
GILD | C | -1.58% | |
UNH | C | -1.45% | |
AON | A | -1.26% | |
LHX | C | -1.2% | |
CMCSA | B | -1.14% | |
AAPL | C | -1.13% | |
RCL | A | -1.11% | |
NVDA | C | -1.05% | |
RGLD | C | -0.93% | |
BX | A | -0.92% | |
MA | C | -0.9% | |
AJG | B | -0.88% | |
DE | A | -0.84% | |
GM | B | -0.8% | |
BA | F | -0.8% | |
DFS | B | -0.78% | |
STZ | D | -0.78% | |
VICI | C | -0.76% | |
COF | B | -0.73% | |
JPM | A | -0.72% | |
CAT | B | -0.69% | |
ORCL | B | -0.69% | |
EXR | D | -0.68% | |
ARES | A | -0.68% | |
ATI | D | -0.68% | |
AMZN | C | -0.67% | |
REGN | F | -0.64% | |
IR | B | -0.61% | |
SBUX | A | -0.58% | |
ICE | C | -0.53% | |
DHI | D | -0.52% | |
GE | D | -0.52% | |
TDG | D | -0.51% | |
COP | C | -0.51% | |
ASML | F | -0.5% | |
DRI | B | -0.49% | |
OWL | A | -0.48% | |
CME | A | -0.48% | |
WFC | A | -0.48% | |
KKR | A | -0.45% | |
MSTR | C | -0.42% | |
NKE | D | -0.42% | |
NUE | C | -0.39% | |
LUV | C | -0.38% | |
TMO | F | -0.38% | |
AMAT | F | -0.32% |
MJ: Top Represented Industries & Keywords
CGBL: Top Represented Industries & Keywords