MJ vs. MARB ETF Comparison

Comparison of ETFMG Alternative Harvest ETF (MJ) to First Trust Merger Arbitrage ETF (MARB)

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

$3.84

Average Daily Volume

2,923,429

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.56

Average Daily Volume

20,605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MJ	MARB
30 Days	-6.52%	-1.57%
60 Days	6.32%	-1.57%
90 Days	5.14%	-1.91%
12 Months	21.47%	-0.99%

0 Overlapping Holdings

	Symbol	Grade	Weight in MJ	Weight in MARB	Overlap

MJ Overweight 17 Positions Relative to MARB

Symbol	Grade	Weight
TLRY	F	7.44%
SNDL	A	7.15%
IIPR	B	6.13%
REFI	C	2.94%
AFCG	B	2.4%
HITI	B	1.96%
GRWG	F	1.83%
OGI	D	1.29%
MAPS	B	1.04%
SMG	B	0.63%
TPB	A	0.6%
PM	A	0.56%
MO	A	0.55%
JAZZ	F	0.48%
HYFM	D	0.36%
MATV	A	0.35%
VGR	D	0.18%

MJ Underweight 24 Positions Relative to MARB

Symbol	Grade	Weight
PXD	A	-5.47%
ACI	F	-5.14%
AMED	D	-4.59%
AXNX	C	-4.03%
X	F	-3.74%
JNPR	C	-3.48%
ANSS	C	-3.46%
HES	A	-3.14%
CERE	A	-3.04%
CTLT	C	-3.01%
DFS	A	-3.0%
VZIO	B	-2.95%
NS	C	-2.27%
NWLI	A	-2.1%
LBAI	C	-2.07%
CPRI	F	-1.58%
SP	C	-1.56%
KAMN	A	-1.52%
SNPS	C	--1.94%
PFS	C	--2.12%
SUN	C	--2.29%
CVX	A	--3.33%
COF	A	--3.49%
XOM	A	--5.9%