Cannabis ETF (THCX)
THCX is a passive ETF by Mcivy Co. LLC tracking the investment results of the Innovation Labs Cannabis Index. THCX launched on Jul 9, 2019 and has a 0.75% expense ratio.
ETF Info
US84858T4004
84858T400
Jul 9, 2019
North America (Broad)
1x
Innovation Labs Cannabis Index
Micro-Cap
Blend
Expense Ratio
THCX has an expense ratio of 0.75%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
THCX
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^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.01% | -1.30% | 0.00% | -0.31% | |||||||||
| 2023 | 9.27% | -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% |
| 2021 | 33.92% | 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.
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Dividends
Dividend History
| Period | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Dividend | $0.48 | $0.27 | $0.03 | $4.48 | $4.18 |
Dividend yield | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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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, 2021 | 684 | Oct 30, 2023 | — | — | — |
| -74.59% | Jul 10, 2019 | 175 | Mar 18, 2020 | 226 | Feb 9, 2021 | 401 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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