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Issuer
Global X
Inception Date
Apr 4, 2017
Category
Cannabis
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

HMMJ.TO Performance Chart

Global X Marijuana Life Sciences Index ETF (HMMJ.TO) is down 7.6% since the beginning of the year. HMMJ.TO is currently trading at CA$7 per share. Investors who bought CA$1,000 worth of HMMJ.TO shares 5 years ago would now be looking at an investment worth CA$104.


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S&P 500 Index

Returns By Period

Global X Marijuana Life Sciences Index ETF (HMMJ.TO) has returned -7.62% so far this year and 2.05% over the past 12 months.


Global X Marijuana Life Sciences Index ETF

1D
0.43%
1M
-1.78%
6M
-10.75%
YTD
-7.62%
1Y
2.05%
3Y*
-3.97%
5Y*
-36.39%
10Y*

Benchmark (S&P 500 Index)

1D
-0.31%
1M
0.87%
6M
10.62%
YTD
13.50%
1Y
24.35%
3Y*
21.67%
5Y*
14.33%
10Y*
14.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HMMJ.TO Monthly Returns History

Based on dividend-adjusted daily data since Apr 5, 2017, HMMJ.TO's average daily return is -0.05%, while the average monthly return is -1.03%.

Historically, 37% of months were positive and 63% were negative. The best month was Nov 2020 with a return of +50.9%, while the worst month was Aug 2022 at -50.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 10 months.

On a daily basis, HMMJ.TO closed higher 46% of trading days. The best single day was Dec 12, 2025 with a return of +17.7%, while the worst single day was Aug 2, 2022 at -48.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-6.10%3.73%-5.17%1.97%3.46%-2.38%-2.88%-7.62%
2025-3.23%-4.03%-16.44%-2.31%-1.18%-1.48%7.46%31.87%4.64%-12.05%-5.97%-3.75%-12.90%
2024-6.03%3.67%21.44%8.19%-10.77%-5.24%12.76%-8.38%1.62%-1.26%-0.30%-10.55%0.05%
20237.05%-6.03%-10.49%-6.27%-9.94%-4.45%12.28%7.22%-6.49%-10.70%3.11%7.90%-18.78%
2022-11.95%-3.21%6.46%-18.72%-11.30%-16.03%2.87%-50.00%-15.03%18.12%0.63%-17.76%-76.54%
202142.26%14.01%-4.23%-11.28%-3.69%1.01%-10.90%-5.43%-12.94%-5.30%-4.37%-9.27%-19.19%

Benchmark Metrics

Global X Marijuana Life Sciences Index ETF has an annualized alpha of -23.51%, beta of 0.82, and R2 of 0.11 versus S&P 500 Index. Calculated based on daily prices since April 05, 2017.

  • This ETF participated in 178.86% of S&P 500 Index downside but only 16.25% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.11 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-23.51%
Beta
0.82
0.11
Upside Capture
16.25%
Downside Capture
178.86%

Return for Risk

Risk / Return Rank

HMMJ.TO ranks 11 for risk / return — in the bottom 11% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


HMMJ.TO Risk / Return Rank: 1111
Overall Rank
HMMJ.TO Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
HMMJ.TO Sortino Ratio Rank: 1212
Sortino Ratio Rank
HMMJ.TO Omega Ratio Rank: 1212
Omega Ratio Rank
HMMJ.TO Calmar Ratio Rank: 1010
Calmar Ratio Rank
HMMJ.TO Martin Ratio Rank: 1010
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X Marijuana Life Sciences Index ETF (HMMJ.TO) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


HMMJ.TOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-1.85

Sortino ratioReturn per unit of downside risk

-2.22

Omega ratioGain probability vs. loss probability

1.05

1.33

-0.28

Calmar ratioReturn relative to maximum drawdown

0.06

2.67

-2.60

Martin ratioReturn relative to average drawdown

0.09

9.87

-9.78

Dividends

Dividend History

Global X Marijuana Life Sciences Index ETF provided a 1.43% dividend yield over the last twelve months, with an annual payout of CA$0.10 per share.


0.00%1.00%2.00%3.00%4.00%CA$0.00CA$0.50CA$1.00CA$1.50CA$2.00CA$2.50201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
DividendCA$0.10CA$0.11CA$0.35CA$0.28CA$0.17CA$0.11CA$1.16CA$2.49CA$2.33CA$0.18

Dividend yield

1.43%1.43%3.90%2.97%1.48%0.22%1.84%3.56%2.03%0.12%

Monthly Dividends

The table displays the monthly dividend distributions for Global X Marijuana Life Sciences Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.00CA$0.00CA$0.02CA$0.00CA$0.00CA$0.02CA$0.00CA$0.04
2025CA$0.00CA$0.00CA$0.03CA$0.00CA$0.00CA$0.02CA$0.00CA$0.00CA$0.03CA$0.00CA$0.00CA$0.03CA$0.11
2024CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.11CA$0.00CA$0.00CA$0.16CA$0.00CA$0.00CA$0.08CA$0.35
2023CA$0.00CA$0.00CA$0.09CA$0.00CA$0.00CA$0.09CA$0.00CA$0.00CA$0.10CA$0.00CA$0.00CA$0.00CA$0.28
2022CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.03CA$0.00CA$0.00CA$0.06CA$0.00CA$0.00CA$0.09CA$0.17
2021CA$0.00CA$0.00CA$0.07CA$0.00CA$0.00CA$0.04CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.11

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Marijuana Life Sciences Index ETF. 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 Global X Marijuana Life Sciences Index ETF was 96.73%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Global X Marijuana Life Sciences Index ETF drawdown is 96.06%.


Drawdown

Fall

Recovery

Underwater

Related event

-96.73%Apr 2025
6y 5mo
7y 9moOct 2018 - now
2025 selloff2025
-39.59%Aug 2018
7mo 6d1mo 5d
8mo 11dJan 2018 - Sep 2018
-29.90%Jun 2017
1mo 26d5mo 7d
7mo 3dApr 2017 - Nov 2017
-10.98%Oct 2018
11d13d
24dSep 2018 - Oct 2018
Rate-hike selloffLate 2018
-9.80%Nov 2017
1d12d
13dNov 2017 - Dec 2017

Drawdown Indicators


HMMJ.TOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-96.73%

-48.87%

-47.86%

Max Drawdown (1Y)

Largest decline over 1 year

-33.15%

-9.17%

-23.98%

Max Drawdown (3Y)

Largest decline over 3 years

-47.92%

-19.59%

-28.33%

Max Drawdown (5Y)

Largest decline over 5 years

-91.74%

-23.14%

-68.60%

Max Drawdown (10Y)

Largest decline over 10 years

-27.97%

Current Drawdown

Current decline from peak

-96.06%

-0.82%

-95.24%

Average Drawdown

Average peak-to-trough decline

-67.53%

-9.63%

-57.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

21.78%

2.47%

+19.31%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with HMMJ.TO

Add Global X Marijuana Life Sciences Index ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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