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

ETF Info

ISIN

US84858T4004

CUSIP

84858T400

Issuer

Mcivy Co. LLC

Inception Date

Jul 9, 2019

Region

North America (Broad)

Leveraged

1x

Index Tracked

Innovation Labs Cannabis Index

Asset Class

Equity

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.


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


THCX (Cannabis ETF)
Benchmark (^GSPC)

Returns By Period


THCX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

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.


Sharpe ratio
No data
THCX
^GSPC

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
THCX (Cannabis ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Cannabis ETF provided a 105.05% dividend yield over the last twelve months, with an annual payout of $17.43 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$1.00$2.00$3.00$4.0020192020202120222023
Dividends
Dividend Yield
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. Drawdowns are calculated considering price movements and all distributions paid, if any.


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.


THCX (Cannabis ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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