ETFMG U.S. Alternative Harvest ETF
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- Description
- Performance
- Comps
- Fundamentals
- Valuation
- Rating
MJUS is an actively managed portfolio of US stocks or swap contracts related to the cannabis industry. |
Category | US Equities |
Fund Sponsor | ETFMG |
Website | etfmg.com/funds/mjus/ |
Inception date | May 12, 2021 |
Assets (mns) | $130 |
Currency | USD |
Expense ratio | 76 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Proprietary |
Index replication | |
Uses derivatives | No |
Options available | No |
No. of constituents | 6 |
Wgt avg mkt cap (mns) | $45 |
Large cap (>$10bn) | 0.0% |
Mid cap ($2-10bn) | 33.0% |
Small cap (<$2bn) | 67.0% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
INNOVATIVE INDUSTRIAL PROPERTIES I | 1.7 % |
WM TECHNOLOGY, INC. CLASS A | 1.1 % |
CHICAGO ATLANTIC REAL ESTATE FINAN | 0.9 % |
AFC GAMMA, INC. | 0.7 % |
GROWGENERATION CORP. | 0.5 % |
BRIGHT GREEN CORP. | 0.3 % | Total | 5.3 % |
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UNITED STATES | 5.3 % |
HISTORICAL PERFORMANCE
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
0.0% | -10.7% | -- | -- | -45.5% |
versus... | Beta | R-squared |
S&P500 | 1.83 | 51% |
MSCI EAFE | 1.54 | 35% |
MSCI Emg. Mkts. | 1.06 | 17% |
Recent close | $2.23 |
30d moving avg. | $1.59 |
Annualized volatility | 50.5% |
Short interest (ETF) | 0.2% |
Relative strength (RSI) | 54 |
Avg. volume (thou.) | 36 |
Turnover | 0.1% |
Bid/Ask (% of price) | 1.04% |
ADV underlying (mns) | $29 |
FINDING ALTERNATIVE FUNDS
Below is a list of 104 potential alternatives to the ETFMG U.S. Alternative Harvest ETF ETF based on the alternatives' overlap in portfolio holdings with MJUS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | MJUS | Expense: | 76 bp | ALTAR Score™: | -0.6% |
Ticker | Fund Name |
Overlap1 vs MJUS (%) |
Expense ratio (bp) |
Savings vs MJUS (bp) |
ALTAR Score™ (%) |
ALTAR vs MJUS (%) |
MJ | ETFMG Alternative Harvest ETFMG Alternative Harvest | 4.9 | 75 | 1 | -70.7 | -70.1 |
YOLO | AdvisorShares Pure Cannabis ETF | 3.7 | 103 | -27 | -30.0 | -29.4 |
TOKE | Cambria Cannabis ETF | 3.6 | 42 | 34 | -22.8 | -22.2 |
CNBS | Amplify Seymour Cannabis ETF | 3.3 | 75 | 1 | -29.0 | -28.4 |
RIET | Hoya Capital High Dividend Yield ETF | 2.2 | 50 | 26 | 13.8 | +14.4 |
RDOG | ALPS REIT Dividend Dogs ETF | 1.7 | 35 | 41 | 13.3 | +14.0 |
XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETF | 1.7 | 30 | 46 | 10.7 | +11.3 |
NETL | NETLease Corporate Real Estate ETF | 1.7 | 60 | 16 | 9.1 | +9.7 |
KBWY | Invesco KBW Premium Yield Equity REIT ETF | 1.7 | 35 | 41 | 19.3 | +20.0 |
BLDG | Cambria Global Real Estate ETF | 1.5 | 60 | 16 | 9.3 | +9.9 |
PPTY | US Diversified Real Estate ETF | 1.4 | 53 | 23 | 6.5 | +7.2 |
REM | iShares Mortgage Real Estate ETF | 1.1 | 48 | 28 | 13.6 | +14.2 |
VRAI | Virtus Real Asset Income ETF | 1.1 | 55 | 21 | 8.5 | +9.1 |
SPRE | SP Funds S&P Global REIT Sharia ETF | 1.1 | 55 | 21 | 4.9 | +5.5 |
PSCF | Invesco S&P SmallCap Financials ETF | 1.0 | 29 | 47 | 9.5 | +10.2 |
DFRA | Donoghue Forlines Yield Enhanced Real Asset ETF | 0.7 | 69 | 7 | 8.1 | +8.8 |
ROOF | IQ CBRE NextGen Real Estate ETF | 0.6 | 60 | 16 | 7.4 | +8.0 |
VIOG | Vanguard S&P Small-Cap 600 Growth ETF | 0.5 | 15 | 61 | 6.6 | +7.2 |
CVY | Invesco Zacks Multi-Asset Income ETF | 0.5 | 106 | -30 | 10.0 | +10.6 |
ESIX | SPDR S&P SmallCap 600 ESG ETF | 0.4 | 12 | 64 | 7.2 | +7.8 |
GQRE | FlexShares Global Quality Real Estate Index Fund | 0.4 | 45 | 31 | 6.4 | +7.0 |
SMLE | Xtrackers S&P SmallCap 600 ESG ETF | 0.4 | 15 | 61 | 7.2 | +7.8 |
FYT | First Trust Small Cap Value AlphaDEX Fund | 0.4 | 73 | 3 | 11.1 | +11.8 |
KROP | Global X AgTech & Food Innovation ETF | 0.4 | 50 | 26 | 4.5 | +5.1 |
JPSE | JPMorgan Diversified Return U.S. Small Cap Equity ETF | 0.4 | 29 | 47 | 7.0 | +7.7 |
DES | WisdomTree U.S. SmallCap Dividend Fund | 0.4 | 38 | 38 | 7.8 | +8.4 |
FDM | First Trust Dow Jones Select MicroCap Index Fund | 0.3 | 60 | 16 | 7.8 | +8.4 |
AFSM | First Trust Active Factor Small Cap ETF | 0.3 | 75 | 1 | 7.4 | +8.1 |
RWR | SPDR Dow Jones REIT ETF | 0.3 | 25 | 51 | 6.7 | +7.4 |
PSC | Principal U.S. Small-Cap ETF | 0.3 | 38 | 38 | 7.6 | +8.2 |
FRI | First Trust S&P REIT Index Fund | 0.3 | 50 | 26 | 6.7 | +7.3 |
QVMS | Invesco S&P SmallCap 600 QVM Multi-factor ETF | 0.3 | 15 | 61 | 7.8 | +8.4 |
XJR | iShares ESG Screened S&P Small-Cap ETF | 0.3 | 12 | 64 | 7.3 | +7.9 |
BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 0.3 | 11 | 65 | 7.1 | +7.7 |
USRT | iShares Core U.S. REIT ETF | 0.3 | 8 | 68 | 7.0 | +7.7 |
VTWV | Vanguard Russell 2000 Value ETF | 0.3 | 15 | 61 | 5.5 | +6.2 |
IWN | iShares Russell 2000 Value ETF | 0.3 | 24 | 52 | 5.4 | +6.1 |
ROSC | Hartford Multifactor Small Cap ETF | 0.3 | 34 | 42 | 9.7 | +10.3 |
IJT | iShares S&P Small-Cap 600 Growth ETF | 0.3 | 18 | 58 | 6.5 | +7.1 |
SLYG | SPDR S&P 600 Small Cap Growth ETF | 0.3 | 15 | 61 | 6.5 | +7.1 |
FYX | First Trust Small Cap Core AlphaDEX Fund | 0.3 | 61 | 15 | 6.8 | +7.4 |
VIOO | Vanguard S&P Small-Cap 600 ETF | 0.3 | 10 | 66 | 7.5 | +8.1 |
FLQS | Franklin U.S. Small Cap Multifactor Index ETF | 0.3 | 35 | 41 | 7.0 | +7.7 |
JSML | Janus Henderson Small Cap Growth Alpha ETF | 0.3 | 30 | 46 | 8.7 | +9.4 |
IJR | iShares Core S&P Small Cap ETF | 0.2 | 6 | 70 | 7.7 | +8.3 |
DFAR | Dimensional US Real Estate ETF | 0.2 | 19 | 57 | 6.9 | +7.5 |
SPSM | SPDR Portfolio S&P 600 Small Cap ETF | 0.2 | 3 | 73 | 7.7 | +8.3 |
EES | WisdomTree U.S. SmallCap Fund | 0.2 | 38 | 38 | 9.7 | +10.3 |
SCHH | Schwab U.S. REIT ETF | 0.2 | 7 | 69 | 7.1 | +7.7 |
IJS | iShares S&P Small-Cap 600 Value ETF | 0.2 | 18 | 58 | 8.7 | +9.3 |
SLYV | SPDR S&P 600 Small Cap Value ETF | 0.2 | 15 | 61 | 8.8 | +9.4 |
RWO | SPDR Dow Jones Global Real Estate ETF | 0.2 | 50 | 26 | 6.3 | +7.0 |
AVRE | Avantis Real Estate ETF | 0.2 | 17 | 59 | 6.3 | +6.9 |
REET | iShares Global REIT ETF | 0.2 | 14 | 62 | 6.8 | +7.4 |
BBSC | JPMorgan BetaBuilders U.S. Small Cap Equity ETF | 0.2 | 9 | 67 | 3.8 | +4.4 |
VNQ | Vanguard Real Estate ETF | 0.2 | 12 | 64 | 6.8 | +7.4 |
DFGR | Dimensional Global Real Estate ETF | 0.2 | 22 | 54 | 6.6 | +7.2 |
RNSC | Furst Trust Small Cap US Equity Select ETF | 0.2 | 60 | 16 | 7.8 | +8.4 |
STXK | Strive Small-Cap ETF | 0.2 | 18 | 58 | 4.9 | +5.6 |
IWC | iShares Micro-Cap ETF | 0.2 | 60 | 16 | -4.0 | -3.4 |
PRFZ | Invesco FTSE RAFI US 1500 Small-Mid ETF | 0.2 | 39 | 37 | 3.9 | +4.5 |
BKSE | BNY Mellon US Small Cap Core Equity ETF | 0.1 | 4 | 72 | 5.3 | +5.9 |
IWM | iShares Russell 2000 ETF | 0.1 | 19 | 57 | 3.5 | +4.1 |
VTWO | Vanguard Russell 2000 ETF | 0.1 | 10 | 66 | 3.6 | +4.2 |
OMFS | Invesco Russell 2000 Dynamic Multifactor ETF | 0.1 | 39 | 37 | 8.5 | +9.1 |
VBK | Vanguard Small-Cap Growth ETF | 0.1 | 7 | 69 | 1.4 | +2.0 |
JSMD | Janus Henderson Small/Mid Cap Growth Alpha ETF | 0.1 | 30 | 46 | 7.2 | +7.9 |
JMEE | JPMorgan Market Expansion Enhanced Equity ETF | 0.1 | 24 | 52 | 7.4 | +8.0 |
ERET | iShares Environmentally Aware Real Estate ETF | 0.1 | 30 | 46 | 6.7 | +7.4 |
SCHA | Schwab U.S. Small-Cap ETF | 0.1 | 4 | 72 | 4.6 | +5.2 |
ISCV | iShares Morningstar Small Cap Value ETF | 0.1 | 6 | 70 | 7.8 | +8.4 |
GSSC | Goldman Sachs Activebeta U.S. Small Cap Equity ETF | 0.1 | 20 | 56 | 6.4 | +7.0 |
FAB | First Trust Multi Cap Value AlphaDEX Fund | 0.1 | 67 | 9 | 9.0 | +9.6 |
SSLY | Syntax Stratified SmallCap ETF | 0.1 | 40 | 36 | 7.1 | +7.8 |
ISCB | iShares Morningstar Small-Cap ETF | 0.1 | 4 | 72 | 5.1 | +5.7 |
ISCG | iShares Morningstar Small-Cap Growth ETF | 0.1 | 6 | 70 | 2.3 | +2.9 |
BSVO | EA Bridgeway Omni Small-Cap Value ETF | 0.1 | 47 | 29 | 9.2 | +9.8 |
DEW | WisdomTree Global High Dividend Fund | 0.1 | 58 | 18 | 8.8 | +9.5 |
VB | Vanguard Small-Cap ETF | 0.1 | 5 | 71 | 5.1 | +5.7 |
VXF | Vanguard Extended Market ETF | 0.0 | 6 | 70 | 3.7 | +4.3 |
RWJ | Invesco S&P SmallCap 600 Revenue ETF | 0.0 | 39 | 37 | 8.8 | +9.5 |
DHS | WisdomTree U.S. High Dividend Fund | 0.0 | 38 | 38 | 8.6 | +9.2 |
SPGM | SPDR Portfolio MSCI Global Stock Market ETF | 0.0 | 9 | 67 | 5.4 | +6.0 |
AVSC | Avantis U.S Small Cap Equity ETF | 0.0 | 25 | 51 | 5.0 | +5.6 |
TILT | FlexShares Morningstar US Market Factor Tilt Index Fund | 0.0 | 25 | 51 | 5.4 | +6.0 |
VLU | SPDR S&P 1500 Value Tilt ETF | 0.0 | 12 | 64 | 6.9 | +7.5 |
FNDA | Schwab Fundamental US Small Co. Index ETF | 0.0 | 25 | 51 | 6.4 | +7.0 |
IWV | iShares Russell 3000 ETF | 0.0 | 20 | 56 | 4.7 | +5.4 |
ESGV | Vanguard ESG U.S. Stock ETF | 0.0 | 9 | 67 | 4.7 | +5.4 |
SCHB | Schwab U.S. Broad Market ETF | 0.0 | 3 | 73 | 4.9 | +5.6 |
DTD | WisdomTree U.S. Total Dividend Fund | 0.0 | 28 | 48 | 6.3 | +6.9 |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | 0.0 | 3 | 73 | 4.9 | +5.5 |
MMTM | SPDR S&P 1500 Momentum Tilt ETF | 0.0 | 12 | 64 | 4.2 | +4.8 |
VTI | Vanguard Total Stock Market ETF | 0.0 | 3 | 73 | 4.8 | +5.5 |
VTHR | Vanguard Russell 3000 ETF | 0.0 | 10 | 66 | 4.8 | +5.4 |
SPTM | SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.0 | 3 | 73 | 5.2 | +5.8 |
DFAT | Dimensional U.S. Targeted Value ETF | 0.0 | 28 | 48 | 7.8 | +8.4 |
DFAS | Dimensional U.S. Small Cap ETF | 0.0 | 26 | 50 | 5.7 | +6.3 |
VT | Vanguard Total World Stock ETF | 0.0 | 7 | 69 | 4.9 | +5.5 |
IWO | iShares Russell 2000 Growth ETF | 0.0 | 24 | 52 | 1.4 | +2.0 |
VTWG | Vanguard Russell 2000 Growth ETF | 0.0 | 15 | 61 | 1.6 | +2.2 |
AVUS | Avantis U.S. Equity ETF | 0.0 | 15 | 61 | 5.8 | +6.4 |
DFAC | Dimensional U.S. Core Equity 2 ETF | 0.0 | 17 | 59 | 5.4 | +6.0 |
DFUS | Dimensional U.S. Equity ETF | 0.0 | 9 | 67 | 4.9 | +5.5 |
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share | ** | ** | ** | ** | ** | ** | ** |
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 |
*Six months ago = 100 |
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VALUATION METRICS
2023 | 2024E | 2025E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
ETFMG U.S. Alternative Harvest 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™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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