Cannabis ETFs, or marijuana ETFs, are a type of exchange-traded fund that provide investors with exposure to companies in the cannabis industry. These companies can include those involved in the cultivation, production, distribution, and sale of marijuana, as well as companies that provide services or products to the industry, such as biotech firms developing cannabis-based medicines.

Cannabis ETFs typically invest in a diversified portfolio of companies involved in the cannabis industry. They may also invest in other securities, such as bonds and real estate investment trusts (REITs). Some examples of companies included in these ETFs are cannabis growers, dispensaries, biotech firms, and ancillary products companies like testing labs, hydroponics, and lighting companies.

Cannabis

The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in exchange-listed equity securities and total return swaps to provide exposure to the cannabis and hemp ecosystem, with at least 80% of net assets invested in companies and REITs deriving at least 50% of revenue from or investing primarily in cannabis and hemp.

Cboe US

WEED

The Amplify Seymour Cannabis ETF is an actively managed fund that invests in U.S. companies principally engaged in the cannabis and hemp ecosystem. Holdings span three classifications: Cannabis/Hemp Plant (pharmaceuticals, biotechnology, cultivation, retail), Support (agricultural technology, real estate, commercial services), and Ancillary (consumption devices, investing, finance, technology, media).

NYSEArca

CNBS

MSOS

The AdvisorShares Pure Cannabis ETF is an actively managed fund that seeks long-term capital appreciation by investing in companies deriving at least 50% of their net revenue from the marijuana and hemp business. It was the first actively managed cannabis ETF available in the U.S. and invests across the cannabis value chain including cultivators, retailers, biotech, and ancillary services.

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
WEED	Roundhill Cannabis ETF	0.52	—	—	34
CNBS	Amplify Seymour Cannabis ETF	0.39	-0.51	—	29
MSOS	AdvisorShares Pure US Cannabis ETF	0.34	-0.45	—	27
YOLO	AdvisorShares Pure Cannabis ETF	0.24	-0.59	—	21
MJ	ETFMG Alternative Harvest ETF	0.04	-0.59	—	16

Top Cannabis ETFs by Sharpe Ratio

Top Cannabis ETFs by Sharpe Ratio