MJ vs. FDL ETF Comparison

Comparison of ETFMG Alternative Harvest ETF (MJ) to First Trust Morningstar ETF (FDL)
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

$4.18

Average Daily Volume

3,311,363

Number of Holdings *

17

* may have additional holdings in another (foreign) market
FDL

First Trust Morningstar ETF

FDL Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.48

Average Daily Volume

838,346

Number of Holdings *

92

* may have additional holdings in another (foreign) market
Performance
Period MJ FDL
30 Days 21.19% 6.73%
60 Days 17.83% 6.65%
90 Days 31.32% 8.19%
12 Months 21.08% 15.08%
3 Overlapping Holdings
Symbol Grade Weight in MJ Weight in FDL Overlap
MO C 0.61% 5.65% 0.61%
PM D 0.57% 6.14% 0.57%
SMG B 0.69% 0.09% 0.09%
MJ Overweight 14 Positions Relative to FDL
Symbol Grade Weight
TLRY D 8.56%
IIPR B 6.61%
SNDL C 5.65%
REFI C 3.24%
AFCG B 2.81%
OGI C 1.71%
HITI D 1.71%
GRWG F 1.54%
MAPS C 0.98%
TPB B 0.67%
JAZZ D 0.58%
MATV C 0.37%
HYFM D 0.35%
VGR D 0.2%
MJ Underweight 89 Positions Relative to FDL
Symbol Grade Weight
CVX C -9.47%
VZ D -8.54%
ABBV C -8.07%
PFE D -7.25%
IBM C -4.46%
C B -3.24%
MMM B -2.92%
DUK C -2.4%
PXD A -2.39%
USB B -2.36%
SO B -2.25%
TFC B -2.13%
PNC B -1.94%
F C -1.85%
OKE B -1.77%
WMB B -1.72%
DVN C -1.58%
PRU B -1.49%
PSX A -1.47%
MET B -0.99%
LYB B -0.98%
EIX B -0.92%
TROW C -0.84%
ETR B -0.72%
RF B -0.7%
FITB B -0.69%
MTB C -0.67%
IFF C -0.67%
HBAN B -0.65%
FE B -0.65%
CFG B -0.6%
KEY B -0.59%
WBA F -0.54%
BBY B -0.53%
NTRS B -0.5%
EVRG C -0.44%
FNF B -0.37%
EMN B -0.32%
PKG B -0.32%
PNW C -0.31%
NRG B -0.3%
HAS D -0.3%
WHR D -0.3%
CMA C -0.29%
BEN C -0.27%
ALLY B -0.27%
LNC B -0.26%
FHN C -0.26%
WU B -0.26%
OGE D -0.25%
DINO A -0.25%
UGI C -0.24%
EWBC B -0.23%
COLB F -0.22%
CG B -0.22%
WBS C -0.21%
ZION C -0.18%
JHG B -0.16%
SNV B -0.16%
UBSI D -0.15%
VLY F -0.14%
OZK D -0.13%
FIBK D -0.13%
CADE C -0.13%
BKH D -0.13%
NYCB F -0.12%
SR C -0.12%
ONB B -0.12%
ALE C -0.12%
FNB B -0.12%
AGR C -0.11%
GBCI D -0.11%
MAN D -0.11%
AVA D -0.11%
NWE D -0.11%
ASB D -0.1%
SWX C -0.1%
MDC A -0.1%
FHB C -0.1%
MDU B -0.08%
UCBI F -0.08%
CRI C -0.08%
CATY D -0.07%
INDB F -0.07%
ARCH D -0.07%
CVI B -0.06%
AAP C -0.05%
CNS B -0.04%
GEF C -0.01%
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