Roundhill Cannabis ETF (WEED) belongs to the Cannabis category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with WEED. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WEED
WEED charges 0.40% annually. No ETFs in the Cannabis category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.75%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| AdvisorShares Pure Cannabis ETF | 0.75% | 29.95M | Apr 2019 | WEED vs YOLO | |
| Amplify Seymour Cannabis ETF | 0.75% | 70.54M | Jul 2019 | WEED vs CNBS | |
| Amplify Alternative Harvest ETF | 0.75% | 101.98M | Dec 2015 | WEED vs MJ | |
| AdvisorShares Pure US Cannabis ETF | 0.78% | 852.98M | Sep 2020 | WEED vs MSOS |
Best Risk-Adjusted Alternatives to WEED
WEED has a PortfoliosLab risk / return rank of 19. No ETFs in the Cannabis category have higher risk-adjusted ranks; the top alternatives shown here go as high as 18.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| AdvisorShares Pure US Cannabis ETF | 18 | 852.98M | Sep 2020 | WEED vs MSOS | |
| Amplify Seymour Cannabis ETF | 18 | 70.54M | Jul 2019 | WEED vs CNBS | |
| AdvisorShares Pure Cannabis ETF | 15 | 29.95M | Apr 2019 | WEED vs YOLO | |
| Amplify Alternative Harvest ETF | 13 | 101.98M | Dec 2015 | WEED vs MJ |
Top Performing WEED Alternatives (YTD)
WEED is at -8.58% YTD. No ETFs in the Cannabis category have higher YTD returns; the top-performing alternatives shown here go as high as -14.41%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AdvisorShares Pure US Cannabis ETF | -14.41% | 852.98M | Sep 2020 | WEED vs MSOS | |
| Amplify Seymour Cannabis ETF | -15.30% | 70.54M | Jul 2019 | WEED vs CNBS | |
| AdvisorShares Pure Cannabis ETF | -23.15% | 29.95M | Apr 2019 | WEED vs YOLO | |
| Amplify Alternative Harvest ETF | -24.44% | 101.98M | Dec 2015 | WEED vs MJ |
Lowest Volatility Alternatives to WEED
WEED has 110.94% 1-year volatility. There are 4 ETFs in the Cannabis category with lower 1-year volatility, going as low as 74.90%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AdvisorShares Pure Cannabis ETF | 74.90% | 29.95M | Apr 2019 | WEED vs YOLO | |
| Amplify Alternative Harvest ETF | 85.91% | 101.98M | Dec 2015 | WEED vs MJ | |
| Amplify Seymour Cannabis ETF | 104.59% | 70.54M | Jul 2019 | WEED vs CNBS | |
| AdvisorShares Pure US Cannabis ETF | 110.83% | 852.98M | Sep 2020 | WEED vs MSOS |
Lowest Drawdown Alternatives to WEED
WEED has a 1-year max drawdown of -54.01%. There are 4 ETFs in the Cannabis category with shallower 1-year drawdowns, going as shallow as -41.57%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AdvisorShares Pure Cannabis ETF | -41.57% | 29.95M | Apr 2019 | WEED vs YOLO | |
| Amplify Alternative Harvest ETF | -48.66% | 101.98M | Dec 2015 | WEED vs MJ | |
| Amplify Seymour Cannabis ETF | -51.25% | 70.54M | Jul 2019 | WEED vs CNBS | |
| AdvisorShares Pure US Cannabis ETF | -52.91% | 852.98M | Sep 2020 | WEED vs MSOS |
Other ETFs from Roundhill
The 10 most viewed Roundhill ETFs shown here include MAGS, QDTE, CHAT and span 8 categories. AUM among these funds goes as high as $25B.
Often Compared With WEED
Investors most often compare WEED with CURLF, TLRY, VFF. These 18 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare WEED with Any Fund or Stock
Compare WEED with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WEED with funds that move differently
Roundhill Cannabis ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WEED.
Explore WEED Diversifiers