MJ vs. PTH ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to Invesco DWA Healthcare Momentum ETF (PTH)
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
$4.05
Average Daily Volume
2,692,144
17
PTH
Invesco DWA Healthcare Momentum ETF
PTH Description
The PowerShares Dynamic Healthcare Sector Portfolio (Fund) is based on the Dynamic Healthcare Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US health care companies. These are companies that are principally engaged in the business of providing health care-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$42.27
Average Daily Volume
14,775
50
Performance
| Period | MJ | PTH |
|---|---|---|
| 30 Days | -5.59% | -0.31% |
| 60 Days | 26.85% | -6.34% |
| 90 Days | 6.75% | 1.95% |
| 12 Months | 17.31% | 3.56% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MJ | Weight in PTH | Overlap |
|---|
MJ Underweight 50 Positions Relative to PTH
| Symbol | Grade | Weight | |
|---|---|---|---|
| LLY | C | -5.11% | |
| MEDP | C | -4.42% | |
| IDXX | F | -4.24% | |
| ALPN | A | -4.23% | |
| THC | A | -3.53% | |
| NTRA | A | -2.79% | |
| VERA | C | -2.77% | |
| REGN | C | -2.59% | |
| DVA | B | -2.55% | |
| RNA | B | -2.53% | |
| MOH | D | -2.44% | |
| ABBV | D | -2.41% | |
| ARQT | D | -2.26% | |
| IDYA | C | -2.25% | |
| MDGL | D | -2.04% | |
| KRYS | D | -1.85% | |
| LQDA | D | -1.78% | |
| DYN | D | -1.7% | |
| ENSG | D | -1.69% | |
| RDNT | A | -1.65% | |
| MRUS | B | -1.65% | |
| PCVX | C | -1.54% | |
| GKOS | B | -1.45% | |
| CRNX | B | -1.44% | |
| VCEL | C | -1.4% | |
| NUVL | D | -1.39% | |
| ITCI | B | -1.35% | |
| KURA | C | -1.31% | |
| BPMC | B | -1.28% | |
| SWTX | D | -1.2% | |
| OCUL | D | -1.16% | |
| LFMD | B | -1.15% | |
| ADMA | A | -1.11% | |
| FATE | F | -1.09% | |
| HIMS | D | -1.06% | |
| KROS | D | -1.04% | |
| UFPT | B | -1.04% | |
| SILK | B | -0.95% | |
| BKD | B | -0.94% | |
| CRVL | C | -0.9% | |
| ANIP | C | -0.82% | |
| COLL | D | -0.81% | |
| LMAT | A | -0.8% | |
| EOLS | C | -0.75% | |
| FULC | D | -0.72% | |
| IMNM | D | -0.69% | |
| ANNX | D | -0.69% | |
| MRSN | D | -0.68% | |
| ORIC | D | -0.68% | |
| AQST | D | -0.58% |
MJ: Top Represented Industries & Keywords
PTH: Top Represented Industries & Keywords
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