Amplify Seymour Cannabis ETF
ALTAR
Score™
-14.7% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
-21.2x P/Sales
ratio
0.2x
P/BV
ratio
1.1x Div.
yield
0.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Amplify Seymour Cannabis ETF is an actively-managed portfolio of global stocks related to cannabis and hemp.

FUND BASICS
Category Global Equities
Fund Sponsor Amplify
Website www.amplifyetfs.com
Inception date Jul 23, 2019
Assets (mns) $3
Currency USD
Expense ratio 75 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 27
Wgt avg mkt cap (mns) $1,439
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 36.6%
Small cap (<$2bn) 63.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
GW PHARMACEUTICALS PLC SPONSORED A 11.0 %
CANOPY GROWTH CORPORATION 10.7 %
CRONOS GROUP INC 9.1 %
INNOVATIVE INDUSTRIAL PROPERTIES I 7.4 %
PERKINELMER INC 6.1 %
APHRIA INC 5.9 %
ARENA PHARMACEUTICALS, INC. 4.8 %
ORGANIGRAM HOLDINGS INC 4.0 %
CARA THERAPEUTICS INC 3.7 %
CHARLOTTE'S WEB HOLDINGS, INC. 3.0 %
Total 65.6 %

TOP COUNTRY EXPOSURE
CANADA 52.8 %
UNITED STATES 25.3 %
BRITAIN 11.0 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 01)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- 0.0%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $8.10
30d moving avg. $9.17
Annualized volatility 0.0%
Short interest (ETF) 7.8%
Relative strength (RSI) 32

Liquidity measures
Avg. volume (thou.) 6
Turnover 1.5%
Bid/Ask (% of price) 0.57%
ADV underlying (mns) $254

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Amplify Seymour Cannabis ETF ETF based on the alternatives' overlap in portfolio holdings with CNBS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CNBS Expense: 75 bp ALTAR Score™: -14.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CNBS
Ticker Fund
Name
Overlap1
vs CNBS
(%)
Expense
ratio
(bp)
Savings
vs CNBS
(bp)
ALTAR
Score™
(%)
ALTAR
vs CNBS
(%)
THCX The Cannabis ETF 56.7 70 5 -12.6 +2.1
POTX Global X Cannabis ETF 54.3 50 25 -47.4 -32.7
MJ ETFMG Alternative Harvest ETF 47.9 75 0 -6.4 +8.3
YOLO AdvisorShares Pure Cannabis ETF 47.7 74 1 -23.8 -9.2
TOKE Cambria Cannabis ETF 43.9 42 33 -5.8 +8.8
NETL NETLease Corporate Real Estate ETF 5.6 60 15 11.4 +26.1
ACT AdvisorShares Vice ETF 5.0 99 -24 7.2 +21.9
INDS Pacer Benchmark Industrial Real Estate SCTR ETF 3.9 60 15 5.3 +19.9
PBE Invesco Dynamic Biotechnology & Genome ETF 3.1 57 18 -1.1 +13.6
SBIO ALPS Medical Breakthroughs ETF 2.9 50 25 -1.4 +13.3
VALX Validea Market Legends ETF 2.8 79 -4 19.2 +33.9
BBC Virtus LifeSci Biotech Clinical Trials ETF 2.4 79 -4 0.0 +14.7
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.1 35 40 10.1 +24.7
FFTY Innovator IBD 50 ETF 1.9 80 -5 5.8 +20.5
NUMG Nuveen ESG Mid-Cap Growth ETF 1.7 40 35 4.6 +19.2
ROOF IQ US Real Estate Small Cap ETF 1.7 70 5 15.6 +30.3
HUSV First Trust Horizon Managed Volatility Domestic ETF 1.6 70 5 6.7 +21.4
RYH Invesco S&P 500 Equal Weight Health Care ETF 1.5 40 35 8.0 +22.7
XPH SPDR S&P Pharmaceuticals ETF 1.4 35 40 6.2 +20.9
PPH VanEck Vectors Pharmaceutical ETF 1.4 36 39 11.8 +26.4
ROGS Hartford Multifactor Global Small Cap ETF 1.2 34 41 12.0 +26.6
HTEC ROBO Global Healthcare Technology & Innovation ETF 1.2 68 7 1.0 +15.7
XBI SPDR S&P BIOTECH ETF 1.1 35 40 -5.3 +9.4
PSCF Invesco S&P SmallCap Financials ETF 1.0 29 46 15.8 +30.4
BTEC Principal Healthcare Innovators Index ETF 1.0 42 33 -5.1 +9.6
AVUV Avantis U.S. Small Cap Value ETF 0.9 25 50 13.9 +28.6
PXSG Invesco S&P SmallCap Momentum ETF 0.9 39 36 7.7 +22.4
FXH First Trust Health Care AlphaDEX Fund 0.8 62 13 6.6 +21.3
IWC iShares Micro-Cap ETF 0.7 60 15 -5.0 +9.7
IBB iShares NASDAQ Biotechnology ETF 0.7 47 28 0.8 +15.5
SCAP AdvisorShares Cornerstone Small Cap ETF 0.7 90 -15 7.9 +22.6
VBR Vanguard Small Cap Value Index Fund 0.6 7 68 12.3 +27.0
KRMA Global X Conscious Companies ETF 0.6 43 32 7.5 +22.1
JKL iShares Morningstar Small Cap Value ETF 0.6 30 45 15.4 +30.1
VUSE Vident Core US Equity Fund 0.6 48 27 11.3 +25.9
SQLV Legg Mason Small-Cap Quality Value 0.5 62 13 11.7 +26.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.5 29 46 8.6 +23.2
BUY USCF SummerHaven SHPEI Index Fund 0.5 80 -5 17.6 +32.3
AFSM First Trust Active Factor Small Cap ETF 0.5 75 0 9.8 +24.4
JKH iShares Morningstar Mid-Cap Growth ETF 0.5 30 45 3.6 +18.3
IWO iShares Russell 2000 Growth ETF 0.5 24 51 1.6 +16.2
DWAS Invesco DWA SmallCap Momentum ETF 0.5 60 15 -1.2 +13.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.4 20 55 9.0 +23.7
SLYG SPDR S&P 600 Small Cap Growth ETF 0.4 15 60 7.8 +22.5
IJT iShares S&P Small-Cap 600 Growth ETF 0.4 25 50 7.7 +22.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.4 16 59 7.8 +22.4
VTWG Vanguard Russell 2000 Growth Index Fund 0.4 15 60 1.8 +16.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.4 70 5 4.7 +19.3
VB Vanguard Small-Cap ETF 0.4 5 70 8.2 +22.9
RVRS Reverse Cap Weighted U.S. Large Cap ETF 0.4 29 46 10.7 +25.3
TPLC Timothy Plan US Large Cap Core ETF 0.4 52 23 7.5 +22.2
EWC iShares MSCI Canada ETF 0.4 49 26 8.9 +23.5
SFYX Sofi Next 500 ETF 0.4 0 75 8.3 +23.0
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 71 9.2 +23.9
JHMH John Hancock Multifactor Healthcare ETF 0.4 40 35 7.3 +21.9
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 0.3 17 58 9.4 +24.1
CROP IQ Global Agribusiness Small Cap ETF 0.3 76 -1 6.5 +21.2
FTC First Trust Large Cap Growth AlphaDEX Fund 0.3 61 14 4.5 +19.1
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.3 24 51 11.3 +25.9
ETHO Etho Climate Leadership U.S. ETF 0.3 47 28 6.8 +21.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.3 66 9 4.3 +19.0
IHE iShares U.S. Pharmaceuticals ETF 0.3 42 33 6.4 +21.1
IWM iShares Russell 2000 ETF 0.3 19 56 5.6 +20.3
IYJ iShares U.S. Industrials ETF 0.3 42 33 8.1 +22.8
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.3 25 50 9.9 +24.5
VHT Vanguard Health Care Index Fund 0.3 10 65 6.6 +21.2
FHLC Fidelity MSCI Health Care Index ETF 0.3 8 67 6.6 +21.3
IUSS Invesco Strategic US Small Company ETF 0.3 23 52 9.1 +23.8
QCAN SPDR MSCI Canada Quality Mix ETF 0.3 14 61 9.0 +23.7
VTWO Vanguard Russell 2000 Index Fund 0.3 10 65 5.8 +20.5
BBCA JPMorgan BetaBuilders Canada ETF 0.3 19 56 9.1 +23.8
IEIH iShares Evolved U.S. Innovative Healthcare ETF 0.3 18 57 4.5 +19.2
IEHS iShares Evolved U.S. Healthcare Staples ETF 0.3 18 57 7.0 +21.7
AIIQ AI Powered International Equity ETF 0.3 79 -4 6.1 +20.8
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.3 40 35 9.2 +23.8
ISZE iShares Edge MSCI Intl Size Factor ETF 0.3 30 45 9.2 +23.8
FLCA Franklin FTSE Canada ETF 0.2 9 66 9.4 +24.0
XLV Health Care Select Sector SPDR Fund 0.2 13 62 8.2 +22.8
JHMM John Hancock Multifactor Mid Cap ETF 0.2 44 31 8.4 +23.1
SMMD iShares Russell 2500 ETF 0.2 15 60 8.2 +22.9
SLY SPDR S&P 600 Small Cap ETF 0.2 15 60 9.8 +24.5
IJR iShares Core S&P Small Cap ETF 0.2 7 68 9.9 +24.5
SPSM SPDR Portfolio Small Cap ETF 0.2 5 70 9.9 +24.6
RNSC Small Cap US Equity Select ETF 0.2 60 15 9.7 +24.4
VIOO Vanguard S&P Small-Cap 600 ETF 0.2 10 65 9.8 +24.5
IXJ iShares Global Healthcare ETF 0.2 46 29 7.2 +21.9
SCHA Schwab U.S. Small-Cap ETF 0.2 4 71 7.5 +22.2
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 0.2 29 46 3.5 +18.2
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 55 8.9 +23.6
PVAL Principal Contrarian Value Index ETF 0.2 29 46 10.8 +25.5
GDNA Goldman Sachs Motif Human Evolution ETF 0.2 50 25 0.5 +15.2
FSMD Fidelity Small-Mid Factor ETF 0.2 29 46 10.1 +24.8
CFA Victory CEMP US 500 Volatility Weighted Index ETF 0.2 35 40 8.2 +22.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 66 8.5 +23.2
IWS iShares Russell Mid-Cap Value ETF 0.2 24 51 10.1 +24.8
SCHC Schwab International Small-Cap Equity ETF 0.2 12 63 9.5 +24.1
VBK Vanguard Small-Cap Growth Index Fund 0.2 7 68 3.9 +18.6
SIZE iShares Edge MSCI USA Size Factor ETF 0.2 15 60 8.4 +23.1
ISDS Invesco Strategic Developed ex-US Small Company ETF 0.2 35 40 7.9 +22.6
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.2 6 69 8.1 +22.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Amplify Seymour Cannabis ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -15.3 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 75 bp
Equals: ALTAR Score -14.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.32 CATEGORY
AVERAGE
1.49
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.