MJJ vs. THCX ETF Comparison

Comparison of MicroSectors Cannabis ETNs (MJJ) to Spinnaker ETF Series The Cannabis ETF (THCX)
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

$79.48

Average Daily Volume

669

Number of Holdings *

16

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

Spinnaker ETF Series The Cannabis ETF

THCX Description The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Innovation Labs Cannabis Index. The fund will invest at least 80% of its total assets in the component securities of the index. It will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in exchange listed common stock (or corresponding American Depositary Receipts (ADRs) of Cannabis Companies. The index is a proprietary, rules-based index designed to track the performance of a portfolio of Cannabis Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$17.80

Average Daily Volume

403,619

Number of Holdings *

12

* may have additional holdings in another (foreign) market
Performance
MJJ THCX
30 Days -2.86% -17.09%
60 Days -10.54% -23.18%
90 Days -2.79% -0.78%
12 Months 89.40% 120.02%
4 Overlapping Holdings
Grade Symbol Weight in MJJ Weight in THCX Overlap
D CGC 2.74% 5.65% 2.74%
C PKI 9.9% 1.68% 1.68%
F TLRY 7.9% 2.71% 2.71%
C WAT 9.05% 1.75% 1.75%
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