PILL vs. MJ ETF Comparison
Comparison of Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF (PILL) to ETFMG Alternative Harvest ETF (MJ)
PILL
Direxion Daily Pharmaceutical & Medical Bull 3X Shares ETF
PILL Description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P Pharmaceuticals Select Industry Index. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is a modified equal-weighted index that is designed to measure performance of the stocks comprising the S&P Total Market Index that are classified in the GICS pharmaceuticals sub-industry. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$8.96
Average Daily Volume
51,627
44
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
$2.54
Average Daily Volume
904,237
14
Performance
Period | PILL | MJ |
---|---|---|
30 Days | -4.48% | -26.38% |
60 Days | 6.92% | -20.43% |
90 Days | 10.21% | -26.33% |
12 Months | 67.40% | -12.00% |
1 Overlapping Holdings
Symbol | Grade | Weight in PILL | Weight in MJ | Overlap | |
---|---|---|---|---|---|
JAZZ | C | 2.63% | 0.8% | 0.8% |
PILL Overweight 43 Positions Relative to MJ
Symbol | Grade | Weight | |
---|---|---|---|
CORT | B | 3.39% | |
BMY | B | 2.69% | |
LBPH | A | 2.67% | |
ITCI | C | 2.63% | |
VTRS | B | 2.48% | |
AXSM | B | 2.38% | |
EWTX | C | 2.38% | |
CTLT | C | 2.22% | |
ELAN | D | 2.18% | |
PRGO | C | 2.13% | |
RPRX | D | 2.1% | |
JNJ | C | 2.06% | |
ZTS | D | 2.04% | |
PFE | F | 2.0% | |
LLY | F | 1.98% | |
MRK | D | 1.9% | |
TARS | C | 1.86% | |
ARVN | F | 1.73% | |
OGN | F | 1.7% | |
SAVA | C | 1.68% | |
PBH | A | 1.6% | |
SUPN | C | 1.46% | |
AMPH | F | 1.39% | |
PCRX | C | 1.27% | |
LGND | C | 1.2% | |
ANIP | F | 1.04% | |
OCUL | D | 1.0% | |
COLL | F | 1.0% | |
AMRX | C | 0.89% | |
HROW | D | 0.88% | |
HRMY | F | 0.84% | |
WVE | C | 0.8% | |
MNMD | C | 0.78% | |
INVA | D | 0.67% | |
EYPT | D | 0.65% | |
LQDA | F | 0.61% | |
FULC | F | 0.6% | |
PLRX | D | 0.6% | |
ELVN | D | 0.45% | |
NUVB | C | 0.4% | |
EOLS | D | 0.36% | |
PHAT | F | 0.33% | |
XERS | C | 0.31% |
PILL: Top Represented Industries & Keywords
MJ: Top Represented Industries & Keywords