MJ vs. TOKE ETF Comparison
Comparison of ETFMG Alternative Harvest ETF (MJ) to Cambria Cannabis ETF (TOKE)
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
$3.87
Average Daily Volume
3,060,883
17
TOKE
Cambria Cannabis ETF
TOKE Description
The investment seeks capital appreciation from investments in the global equity markets that have exposure to the broad cannabis industry. Under normal market conditions, at least 80% of the value of the fund’s net assets (plus borrowings for investment purposes) will be invested in Cannabis Companies. The Advisor generally expects to invest in Cannabis Companies across a broad market capitalization spectrum of micro-, small-, and mid-capitalization stocks.Grade (RS Rating)
Last Trade
$6.06
Average Daily Volume
7,194
14
Performance
| Period | MJ | TOKE |
|---|---|---|
| 30 Days | 2.54% | -2.73% |
| 60 Days | 10.31% | 5.75% |
| 90 Days | 8.19% | 6.48% |
| 12 Months | 25.62% | 3.29% |
12 Overlapping Holdings
| Symbol | Grade | Weight in MJ | Weight in TOKE | Overlap | |
|---|---|---|---|---|---|
| AFCG | A | 2.44% | 2.74% | 2.44% | |
| GRWG | D | 1.76% | 1.63% | 1.63% | |
| HYFM | D | 0.39% | 1.24% | 0.39% | |
| IIPR | A | 6.24% | 4.52% | 4.52% | |
| JAZZ | F | 0.5% | 4.89% | 0.5% | |
| MAPS | B | 1.16% | 1.05% | 1.05% | |
| MO | A | 0.55% | 5.04% | 0.55% | |
| OGI | C | 1.29% | 3.26% | 1.29% | |
| PM | A | 0.53% | 5.25% | 0.53% | |
| SNDL | A | 6.88% | 4.69% | 4.69% | |
| TLRY | D | 7.47% | 3.81% | 3.81% | |
| TPB | A | 0.6% | 5.02% | 0.6% |
MJ: Top Represented Industries & Keywords
TOKE: Top Represented Industries & Keywords
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