Pot Stock Etf

The index is designed to provide investors exposure to the performance of several north american publicly traded firms with significant business activities in the pot industry.

Pot stock etf. Mj tracks a market cap weighted index of global firms engaged in the legal cultivation production marketing or distribution of cannabis cannabinoids or tobacco products. While the cannabis etf has and the s p 500 has fallen 24 and the s p 500 has fallen 7. Its family oriented etf is listed on the toronto stock exchange. Etfmg alternative harvest etf mj.

With 9 etfs traded in the u s. The average expense ratio is 0 72. Considering that seven of the ten largest pot stocks by market value are now primarily focused on the us the creation of a us only etf will likely offer a boost to us pot stocks. Marijuana etfs can be found in the following asset classes.

Markets marijuana etfs gather total assets under management of 726 61m. Beverage companies are eyeing the cannabis market aggressively for making pot infused drinks. This etf of tsx pot stocks is not only a great long term growth investment but the fund also pays a massive dividend with a trailing yield of 13. The top marijuana stock to buy for the second half of 2020.

While most of the limited number of stocks are producing pot for medical use the etf is also stretching its definition to get to 14 holdings. Hot off the new york stock exchange the alternative harvest etf nysearca. At present one of the only exchanges to accept us focused cannabis company listings is the canadian securities exchange. Hmmj boasts big numbers.

Horizons is a canadian etf provider that is headquartered in toronto. Canopy growth is the top stock of the fund. Mj began trading on dec. The top marijuana etfs for 2019 to get diversified exposure to cannabis stocks exchange traded funds can be your best bet.