MJJ vs. MJO ETF Comparison
Comparison of MicroSectors Cannabis ETNs (MJJ) to MicroSectors Cannabis 2X Leveraged ETNs (MJO)
MJJ
MicroSectors Cannabis ETNs
MJJ Description
The investment seeks to linked to the performance of the Indxx MicroSectorsTM North American Cannabis Index, which is described in this pricing supplement.The index is designed to track the performance of companies that are publicly traded in the U.S. and/or Canada, and that provide products or services related to the medical or industrial use of cannabis or products derived from cannabis. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50. The notes do not bear interest.
Grade (RS Rating)
Last Trade
$79.76
Average Daily Volume
662
16
MJO
MicroSectors Cannabis 2X Leveraged ETNs
MJO Description
The investment seeks a two times leveraged participation in the daily performance of the Indxx MicroSectorsTM North American Cannabis Index.The index is designed to track the performance of companies that are publicly traded in the U.S. and/or Canada, and that provide products or services related to the medical or industrial use of cannabis or products derived from cannabis. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50. The notes do not bear interest.Grade (RS Rating)
Last Trade
$100.35
Average Daily Volume
4,980
16
Performance
MJJ | MJO | |
---|---|---|
30 Days | -2.72% | -5.15% |
60 Days | -10.22% | -21.38% |
90 Days | -2.44% | -12.27% |
12 Months | 89.06% | 208.66% |
16 Overlapping Holdings
Grade | Symbol | Weight in MJJ | Weight in MJO | Overlap |
---|---|---|---|---|
B | A | 9.9% | 9.9% | 9.9% |
B | ABBV | 9.9% | 9.9% | 9.9% |
F | ACB | 2.99% | 2.99% | 2.99% |
D | APHA | 1.61% | 1.61% | 1.61% |
F | ARNA | 3.85% | 3.85% | 3.85% |
C | BRKR | 1.97% | 1.97% | 1.97% |
B | CARA | 0.5% | 0.5% | 0.5% |
D | CGC | 2.74% | 2.74% | 2.74% |
D | CRON | 0.51% | 0.51% | 0.51% |
C | CTLT | 9.9% | 9.9% | 9.9% |
D | IIPR | 4.8% | 4.8% | 4.8% |
A | MTD | 9.9% | 9.9% | 9.9% |
C | PKI | 9.9% | 9.9% | 9.9% |
F | TLRY | 7.9% | 7.9% | 7.9% |
B | TMO | 9.9% | 9.9% | 9.9% |
C | WAT | 9.05% | 9.05% | 9.05% |
MJJ Overweight 0 Positions Relative to MJO
Grade | Symbol | Weight |
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MJJ Underweight 0 Positions Relative to MJO
Grade | Symbol | Weight |
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MJJ: Top Represented Industries & Keywords
MJO: Top Represented Industries & Keywords