MJ Outlook
Asset Allocation
Position | Category/Sector | Weight |
---|---|---|
MJ ETFMG Alternative Harvest ETF | Small Cap Blend Equities, Cannabis | 100% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MJ Outlook, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Dec 3, 2015, corresponding to the inception date of MJ
Returns By Period
Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
---|---|---|---|---|---|---|
^GSPC S&P 500 | 17.76% | 2.89% | 10.80% | 27.49% | 14.28% | 10.89% |
MJ Outlook | 13.43% | -3.91% | 4.69% | 31.27% | -29.23% | N/A |
Portfolio components: | ||||||
MJ ETFMG Alternative Harvest ETF | 13.43% | -3.91% | 4.69% | 31.27% | -29.23% | N/A |
Monthly Returns
The table below presents the monthly returns of MJ Outlook, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 11.76% | -5.82% | 24.75% | 15.55% | -22.57% | -6.83% | 9.94% | 13.43% | |||||
2023 | 7.51% | -11.35% | -13.30% | -5.68% | -9.34% | 0.33% | 10.37% | 6.67% | 4.49% | -21.10% | 7.99% | 5.61% | -21.53% |
2022 | -9.39% | -4.18% | 7.80% | -21.41% | -11.53% | -18.63% | 2.07% | -0.68% | -21.34% | 21.79% | 3.58% | -25.24% | -60.18% |
2021 | 32.75% | 18.43% | 1.59% | -6.64% | 0.94% | -4.35% | -12.73% | -6.96% | -13.53% | -6.39% | -10.47% | -7.54% | -21.67% |
2020 | -3.39% | -15.90% | -17.18% | 5.79% | 14.10% | -4.52% | 0.54% | -2.40% | -16.26% | 2.98% | 47.67% | -8.75% | -11.57% |
2019 | 40.98% | 5.49% | -1.62% | -1.95% | -13.15% | 2.88% | -11.36% | -14.49% | -12.50% | -6.60% | -10.98% | 1.13% | -28.54% |
2018 | 7.77% | -9.40% | -7.04% | -2.78% | 3.87% | -1.15% | -8.37% | 24.28% | 19.78% | -22.55% | -5.35% | -13.66% | -21.78% |
2017 | 7.32% | 6.37% | 4.15% | 2.13% | 0.20% | 1.30% | 5.84% | -0.36% | 1.68% | -6.15% | 0.50% | 11.22% | 38.62% |
2016 | -10.23% | 9.71% | 17.28% | 6.84% | -6.51% | 6.19% | 7.09% | -0.14% | -2.26% | 4.66% | -12.55% | -1.04% | 16.00% |
2015 | -4.52% | -4.52% |
Expense Ratio
MJ Outlook features an expense ratio of 0.75%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MJ Outlook is 4, indicating that it is in the bottom 4% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
---|---|---|---|---|---|
MJ ETFMG Alternative Harvest ETF | 0.50 | 1.25 | 1.14 | 0.33 | 1.28 |
Dividends
Dividend yield
MJ Outlook granted a 9.05% dividend yield in the last twelve months.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
MJ Outlook | 9.05% | 3.59% | 4.12% | 1.93% | 4.60% | 5.26% | 2.23% | 2.64% | 16.22% |
Portfolio components: | |||||||||
MJ ETFMG Alternative Harvest ETF | 9.05% | 3.59% | 4.12% | 1.93% | 4.60% | 5.26% | 2.23% | 2.64% | 16.22% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the MJ Outlook. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MJ Outlook was 92.53%, occurring on Oct 30, 2023. The portfolio has not yet recovered.
The current MJ Outlook drawdown is 89.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-92.53% | Sep 21, 2018 | 1285 | Oct 30, 2023 | — | — | — |
-34.88% | Jan 24, 2018 | 141 | Aug 14, 2018 | 24 | Sep 18, 2018 | 165 |
-17.01% | Oct 26, 2016 | 19 | Dec 1, 2016 | 64 | Mar 20, 2017 | 83 |
-14.29% | Dec 4, 2015 | 11 | Jan 27, 2016 | 4 | Mar 3, 2016 | 15 |
-12.6% | Jan 9, 2018 | 4 | Jan 12, 2018 | 6 | Jan 23, 2018 | 10 |
Volatility
Volatility Chart
The current MJ Outlook volatility is 16.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.