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ETFMG Alternative Harvest ETF (MJ)

ETF · Currency in USD · Last updated Dec 9, 2023

MJ is a passive ETF by ETFMG tracking the investment results of the Prime Alternative Harvest Index. MJ launched on Dec 2, 2015 and has a 0.75% expense ratio.

Summary

ETF Info

ISINUS26924G5080
CUSIP26924G508
IssuerETFMG
Inception DateDec 2, 2015
RegionNorth America (U.S.)
CategorySmall Cap Blend Equities, Cannabis
Index TrackedPrime Alternative Harvest Index
ETF Home Pageetfmg.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

The ETFMG Alternative Harvest ETF has a high expense ratio of 0.75%, indicating higher-than-average management fees.


0.75%
0.00%2.15%

Share Price Chart


Loading data...

Performance

The chart shows the growth of an initial investment of $10,000 in ETFMG Alternative Harvest ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
13.14%
7.11%
MJ (ETFMG Alternative Harvest ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with MJ

ETFMG Alternative Harvest ETF

Popular comparisons: MJ vs. MSOS, MJ vs. YOLO, MJ vs. MJUS, MJ vs. ARKX, MJ vs. FPX, MJ vs. ICLN, MJ vs. VOOG, MJ vs. CNBS, MJ vs. SPY, MJ vs. SCHD

Return

ETFMG Alternative Harvest ETF had a return of -19.25% year-to-date (YTD) and -33.30% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-19.25%19.92%
1 month11.92%5.06%
6 months13.15%7.11%
1 year-33.30%16.17%
5 years (annualized)-32.58%11.84%
10 years (annualized)N/A9.85%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-9.34%0.32%10.37%6.67%4.49%-21.10%7.99%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for ETFMG Alternative Harvest ETF (MJ) and S&P 500 (^GSPC). 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
MJ
ETFMG Alternative Harvest ETF
-0.77
^GSPC
S&P 500
1.25

Sharpe Ratio

The current ETFMG Alternative Harvest ETF Sharpe ratio is -0.77. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
-0.77
1.25
MJ (ETFMG Alternative Harvest ETF)
Benchmark (^GSPC)

Dividend History

ETFMG Alternative Harvest ETF granted a 3.72% dividend yield in the last twelve months. The annual payout for that period amounted to $0.13 per share.


PeriodTTM2022202120202019201820172016
Dividend$0.13$0.18$0.21$0.66$0.90$0.56$0.86$3.92

Dividend yield

3.72%4.12%1.93%4.60%5.26%2.23%2.64%16.22%

Monthly Dividends

The table displays the monthly dividend distributions for ETFMG Alternative Harvest ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.03$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.04$0.00$0.00$0.07
2021$0.00$0.00$0.02$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.07
2020$0.00$0.00$0.10$0.00$0.00$0.28$0.00$0.00$0.18$0.00$0.00$0.10
2019$0.00$0.00$0.12$0.00$0.00$0.18$0.00$0.00$0.28$0.00$0.00$0.32
2018$0.00$0.00$0.05$0.00$0.00$0.07$0.00$0.00$0.05$0.00$0.00$0.39
2017$0.07$0.05$0.00$0.00$0.00$0.05$0.04$0.05$0.00$0.00$0.53$0.07
2016$0.20$0.04$0.45$0.08$0.07$0.05$0.04$0.06$0.03$2.90

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-90.61%
-4.01%
MJ (ETFMG Alternative Harvest ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ETFMG Alternative Harvest 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 ETFMG Alternative Harvest ETF was 92.53%, occurring on Oct 30, 2023. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-92.53%Sep 21, 20181285Oct 30, 2023
-34.88%Jan 24, 2018141Aug 14, 201824Sep 18, 2018165
-17.01%Oct 26, 201619Dec 1, 201664Mar 20, 201783
-14.29%Dec 4, 201511Jan 27, 20164Mar 3, 201615
-12.6%Jan 9, 20184Jan 12, 20186Jan 23, 201810

Volatility Chart

The current ETFMG Alternative Harvest ETF volatility is 10.20%, 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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
10.20%
2.77%
MJ (ETFMG Alternative Harvest ETF)
Benchmark (^GSPC)