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Cannabis ETF (THCX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS84858T4004
CUSIP84858T400
IssuerMcivy Co. LLC
Inception DateJul 9, 2019
RegionNorth America (Broad)
CategorySmall Cap Blend Equities, Cannabis
Index TrackedInnovation Labs Cannabis Index
Asset ClassEquity

Asset Class Size

Micro-Cap

Asset Class Style

Blend

Expense Ratio

THCX features an expense ratio of 0.75%, falling within the medium range.


Expense ratio chart for THCX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

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.


Cannabis ETF

Popular comparisons: THCX vs. TOKE, THCX vs. VONG, THCX vs. YOLO, THCX vs. FXAIX, THCX vs. SPY

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in 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.


-100.00%-50.00%0.00%50.00%Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03
-92.29%
70.45%
THCX (Cannabis ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period


PeriodReturnBenchmark
Year-To-DateN/A17.16%
1 monthN/A2.10%
6 monthsN/A17.92%
1 yearN/A22.68%
5 years (annualized)N/A13.47%
10 years (annualized)N/A10.97%

Monthly Returns

The table below presents the monthly returns of THCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.01%-1.30%-0.31%
20239.27%-13.07%-12.60%-5.58%-15.32%-0.52%11.15%3.54%-5.89%-17.01%6.96%5.64%-32.94%
2022-12.88%-2.69%4.56%-24.70%-14.39%-24.39%4.88%-4.65%-24.93%15.88%-0.93%-17.66%-69.34%
202133.92%18.10%-0.40%-6.91%-2.62%-3.90%-10.67%-4.37%-12.35%-8.26%-14.60%-15.11%-31.67%
2020-3.21%-18.04%-20.40%10.23%21.31%-7.23%6.41%0.25%-17.63%4.58%56.86%-7.74%4.17%
2019-8.98%-13.29%-14.68%-8.71%-11.46%-2.91%-47.15%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Cannabis ETF (THCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


THCX
Sharpe ratio
No data
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.10, compared to the broader market0.002.004.006.002.10
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.94, compared to the broader market0.005.0010.002.94
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.37, compared to the broader market1.002.003.001.37
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.66, compared to the broader market0.005.0010.0015.0020.001.66
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.83, compared to the broader market0.0050.00100.00150.007.83

Sharpe Ratio

There is not enough data available to calculate the Sharpe ratio for Cannabis ETF. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.


Rolling 12-month Sharpe Ratio-1.000.001.002.00Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03
-0.82
2.08
THCX (Cannabis ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Cannabis ETF granted a 105.05% dividend yield in the last twelve months. The annual payout for that period amounted to $17.43 per share.


PeriodTTM20232022202120202019
Dividend$17.43$0.48$0.27$0.03$4.48$4.18

Dividend yield

105.05%2.87%1.03%0.04%3.58%3.33%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$16.95$0.00$16.95
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.48$0.48
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.27$0.27
2021$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.00$0.03
2020$0.00$0.00$0.00$0.00$0.00$2.50$0.00$0.00$1.50$0.00$0.00$0.48$4.48
2019$4.18$4.18

Drawdowns

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%Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03
-94.08%
-1.14%
THCX (Cannabis ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the 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 Cannabis ETF was 94.83%, occurring on Oct 30, 2023. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-94.83%Feb 11, 2021684Oct 30, 2023
-74.59%Jul 10, 2019175Mar 18, 2020226Feb 9, 2021401

Volatility

Volatility Chart

The current Cannabis ETF volatility is 6.38%, 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.


2.00%4.00%6.00%8.00%10.00%Jan 21Jan 28Feb 04Feb 11Feb 18Feb 25Mar 03
6.38%
3.43%
THCX (Cannabis ETF)
Benchmark (^GSPC)