PBW vs. MJ ETF Comparison
Comparison of PowerShares WilderHill Clean Energy Portfolio (PBW) to ETFMG Alternative Harvest ETF (MJ)
PBW
PowerShares WilderHill Clean Energy Portfolio
PBW Description
The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$21.74
Average Daily Volume
297,315
59
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 2025.¹Grade (RS Rating)
Last Trade
$4.24
Average Daily Volume
2,747,051
17
Performance
| Period | PBW | MJ |
|---|---|---|
| 30 Days | -3.55% | -7.22% |
| 60 Days | -6.45% | 29.21% |
| 90 Days | -7.95% | 10.89% |
| 12 Months | -34.48% | 29.42% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PBW | Weight in MJ | Overlap |
|---|
PBW Overweight 59 Positions Relative to MJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| FSLR | B | 2.18% | |
| FLNC | B | 1.9% | |
| MP | C | 1.89% | |
| SLDP | B | 1.88% | |
| ORA | C | 1.83% | |
| BELFB | B | 1.74% | |
| JKS | D | 1.73% | |
| ESE | B | 1.71% | |
| ARRY | D | 1.7% | |
| AMRC | C | 1.69% | |
| FREY | D | 1.69% | |
| ITRI | A | 1.69% | |
| BE | C | 1.66% | |
| PWR | A | 1.61% | |
| MYRG | F | 1.6% | |
| AEIS | D | 1.6% | |
| SLI | C | 1.58% | |
| ALB | D | 1.57% | |
| PLPC | D | 1.56% | |
| THRM | D | 1.56% | |
| ENPH | F | 1.56% | |
| JOBY | D | 1.56% | |
| QS | F | 1.56% | |
| TSLA | D | 1.56% | |
| WBX | D | 1.55% | |
| OLED | C | 1.54% | |
| PLL | D | 1.52% | |
| SEDG | F | 1.46% | |
| AMPS | F | 1.45% | |
| SQM | D | 1.45% | |
| CSIQ | F | 1.44% | |
| WOLF | F | 1.43% | |
| AMSC | C | 1.41% | |
| BLNK | D | 1.38% | |
| NIO | D | 1.38% | |
| RNW | C | 1.35% | |
| SES | F | 1.33% | |
| RIVN | F | 1.32% | |
| LNZA | F | 1.31% | |
| ACHR | F | 1.3% | |
| STEM | F | 1.3% | |
| RUN | D | 1.27% | |
| XPEV | D | 1.26% | |
| FCEL | F | 1.24% | |
| PSNY | F | 1.23% | |
| LEV | F | 1.23% | |
| ENVX | D | 1.21% | |
| NOVA | F | 1.2% | |
| NAAS | F | 1.16% | |
| NRGV | F | 1.13% | |
| PLUG | F | 1.13% | |
| CHPT | F | 1.12% | |
| SHLS | F | 1.11% | |
| EOSE | F | 1.08% | |
| AMPX | F | 0.96% | |
| SPWR | F | 0.95% | |
| SOL | F | 0.53% | |
| TPIC | B | 0.48% | |
| MAXN | F | 0.31% |
PBW: Top Represented Industries & Keywords
MJ: Top Represented Industries & Keywords
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