ETFMG Alternative Harvest ETF (MJ)
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.
ETF Info
US26924G5080
26924G508
Dec 2, 2015
North America (U.S.)
1x
Prime Alternative Harvest Index
Multi-Cap
Blend
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
ETFMG Alternative Harvest ETF had a return of -14.73% year-to-date (YTD) and -10.52% in the last 12 months.
MJ
-14.73%
-26.38%
-28.00%
-10.52%
-28.81%
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of MJ, 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% | 24.76% | 15.55% | -22.57% | -6.83% | 9.94% | -12.60% | 5.64% | -5.44% | -14.73% | ||
| 2023 | 7.51% | -11.35% | -13.30% | -5.68% | -9.34% | 0.32% | 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% | 17.29% | 6.84% | -6.50% | 6.19% | 7.09% | -0.14% | -2.26% | 4.66% | -12.55% | -1.04% | 16.00% |
| 2015 | -4.52% | -4.52% |
Expense Ratio
MJ features an expense ratio of 0.75%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MJ is 5, indicating that it is in the bottom 5% of ETFs 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
The charts below present risk-adjusted performance metrics for ETFMG Alternative Harvest ETF (MJ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ETFMG Alternative Harvest ETF provided a 13.46% dividend yield over the last twelve months, with an annual payout of $0.34 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.12 | $0.18 | $0.21 | $0.66 | $0.90 | $0.56 | $0.86 | $3.92 |
Dividend yield | 13.46% | 3.59% | 4.13% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.29 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.12 |
| 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 | $0.18 |
| 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 | $0.21 |
| 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 | $0.66 |
| 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 | $0.90 |
| 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 | $0.56 |
| 2017 | $0.07 | $0.05 | $0.00 | $0.00 | $0.00 | $0.05 | $0.04 | $0.05 | $0.00 | $0.00 | $0.54 | $0.07 | $0.86 |
| 2016 | $0.20 | $0.04 | $0.45 | $0.08 | $0.07 | $0.05 | $0.04 | $0.06 | $0.03 | $2.90 | $3.92 |
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 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.
The current ETFMG Alternative Harvest ETF drawdown is 92.22%.
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 ETFMG Alternative Harvest ETF volatility is 23.43%, 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.