Global X Cannabis ETF (POTX)
POTX is a passive ETF by Global X tracking the investment results of the Cannabis Index. POTX launched on Sep 17, 2019 and has a 0.51% expense ratio.
ETF Info
| ISIN | US37954Y4263 |
|---|---|
| CUSIP | 37954Y426 |
| Issuer | Global X |
| Inception Date | Sep 17, 2019 |
| Region | Developed Markets (Broad) |
| Category | Small Cap Blend Equities, Cannabis |
| Index Tracked | Cannabis Index |
| Home Page | www.globalxetfs.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The Global X Cannabis ETF has a high expense ratio of 0.51%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: POTX vs. MSOS, POTX vs. TOKE, POTX vs. VDC, POTX vs. VUG, POTX vs. VYM, POTX vs. ARKK, POTX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X Cannabis 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 6.12% |
| 1 month | N/A | -1.08% |
| 6 months | N/A | 15.73% |
| 1 year | N/A | 22.34% |
| 5 years (annualized) | N/A | 11.82% |
| 10 years (annualized) | N/A | 10.53% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -10.62% | |||||||||||
| 2023 | -10.86% | -19.70% | 1.69% | 10.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X Cannabis ETF (POTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X Cannabis ETF granted a 107.82% dividend yield in the last twelve months. The annual payout for that period amounted to $5.56 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $5.56 | $0.37 | $0.36 | $1.50 | $3.25 | $1.29 |
Dividend yield | 107.82% | 6.37% | 3.27% | 4.28% | 5.47% | 1.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X Cannabis 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | |||||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.38 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 |
| 2019 | $1.29 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X Cannabis 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 Cannabis ETF was 96.75%, occurring on Oct 30, 2023. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -96.75% | Feb 11, 2021 | 684 | Oct 30, 2023 | — | — | — |
| -68.86% | Sep 30, 2019 | 118 | Mar 18, 2020 | 226 | Feb 9, 2021 | 344 |
| -6.32% | Sep 23, 2019 | 3 | Sep 25, 2019 | 2 | Sep 27, 2019 | 5 |
Volatility
Volatility Chart
The current Global X Cannabis ETF volatility is 2.82%, 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.