MJ Outlook
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
MJ ETFMG Alternative Harvest ETF | Small Cap Blend Equities, Cannabis | 100% |
Performance
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
Returns
As of Sep 23, 2023, the MJ Outlook returned -9.70% Year-To-Date and -19.31% of annualized return in the last 10 years.
| 1 month | 6 months | Year-To-Date | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
| Benchmark | -1.29% | 8.79% | 12.52% | 16.97% | 8.17% | 11.18% |
| MJ Outlook | 32.71% | 9.91% | -9.70% | -17.54% | -35.18% | -19.31% |
| Portfolio components: | ||||||
MJ ETFMG Alternative Harvest ETF | 32.71% | 9.91% | -9.70% | -17.54% | -35.18% | -19.31% |
| Returns over 1 year are annualized | ||||||
Dividend yield
MJ Outlook granted a 3.32% dividend yield in the last twelve months.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
| MJ Outlook | 3.32% | 4.19% | 2.03% | 4.92% | 5.93% | 2.61% | 3.17% | 20.04% |
| Portfolio components: | ||||||||
MJ ETFMG Alternative Harvest ETF | 3.32% | 4.19% | 2.03% | 4.92% | 5.93% | 2.61% | 3.17% | 20.04% |
Expense Ratio
The MJ Outlook has a high expense ratio of 0.75%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
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 | Ulcer Index | |
|---|---|---|---|---|---|
MJ ETFMG Alternative Harvest ETF | -0.44 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the MJ Outlook. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the MJ Outlook is 92.11%, recorded on Aug 28, 2023. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -92.11% | Sep 21, 2018 | 1241 | Aug 28, 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 Chart
The current MJ Outlook volatility is 26.97%, 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.