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Global X Cannabis ETF (POTX)

ETF · Currency in USD
ISIN
US37954Y4263
CUSIP
37954Y426
Issuer
Global X
Inception Date
Sep 17, 2019
Region
Developed Markets (Broad)
Category
Small Cap Blend Equities
Expense Ratio
0.51%
Index Tracked
Cannabis Index
ETF Home Page
www.globalxetfs.com
Asset Class
Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

POTXPrice Chart


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POTXPerformance

The chart shows the growth of $10,000 invested in Global X Cannabis ETF on Sep 23, 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $2,514 for a total return of roughly -74.86%. All prices are adjusted for splits and dividends.


POTX (Global X Cannabis ETF)
Benchmark (S&P 500)

POTXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD-6.51%-3.97%
1M-13.59%-0.94%
6M-51.29%7.48%
1Y-63.60%21.47%
5Y-44.78%20.06%
10Y-44.78%20.06%

POTXMonthly Returns Heatmap


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POTXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Global X Cannabis ETF Sharpe ratio is -0.96. 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.

The chart below displays rolling 12-month Sharpe Ratio.


POTX (Global X Cannabis ETF)
Benchmark (S&P 500)

POTXDividends

Global X Cannabis ETF granted a 4.58% dividend yield in the last twelve months, as of Jan 19, 2022. The annual payout for that period amounted to $0.25 per share.


PeriodTTM202120202019
Dividend$0.25$0.25$0.54$0.21

Dividend yield

4.58%4.28%5.65%1.56%

POTXDrawdowns Chart

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


POTX (Global X Cannabis ETF)
Benchmark (S&P 500)

POTXWorst Drawdowns

The table below shows the maximum drawdowns of the Global X Cannabis ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Global X Cannabis ETF is 80.42%, recorded on Jan 18, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-80.42%Feb 11, 2021236Jan 18, 2022
-71.39%Sep 23, 2019123Mar 18, 2020226Feb 9, 2021349

POTXVolatility Chart

Current Global X Cannabis ETF volatility is 44.76%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


POTX (Global X Cannabis ETF)
Benchmark (S&P 500)

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