AWAY vs. MJUS

Last updated Jun 4, 2026

AWAY (ETFMG Travel Tech ETF) and MJUS (ETFMG U.S. Alternative Harvest ETF) are both exchange-traded funds - AWAY is a Consumer Discretionary Equities fund tracking the Prime Travel Technology Index, while MJUS is a Cannabis fund actively managed by ETFMG. AWAY is passively managed, while MJUS is actively managed. At a 0.34 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

AWAY vs. MJUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Travel Tech ETF (AWAY) and ETFMG U.S. Alternative Harvest ETF (MJUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AWAY

• 1D: -2.20%
• 1M: -1.42%
• YTD: -16.40%
• 6M: -17.29%
• 1Y: -18.42%
• 3Y*: 0.30%
• 5Y*: -11.20%
• 10Y*: —

MJUS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AWAY vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AWAY ETFMG Travel Tech ETF	-16.40%	-3.36%	10.44%	17.94%	-32.25%	-11.77%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-66.89%	-39.41%

Correlation

The correlation between AWAY and MJUS is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since May 14, 2021	0.34

The correlation between AWAY and MJUS shifts across timeframes, from 0.14 (3 years) to 0.34 (all time), reflecting how their relationship changes across market environments.

AWAY vs. MJUS - Sectors Allocation Comparison

Sectors	AWAY	MJUS
Consumer Cyclical	63.7%	0.8%
Technology	30.0%	3.6%
Communication Services	4.0%	-
Industrials	1.0%	-
Financial Services	0.2%	4.7%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	14.1%
Real Estate	-	1.6%
Utilities	-	-

Return for Risk

AWAY vs. MJUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AWAY

AWAY Risk / Return Rank: 3
AWAY Sharpe Ratio Rank: 2
AWAY Sortino Ratio Rank: 3
AWAY Omega Ratio Rank: 3
AWAY Calmar Ratio Rank: 4
AWAY Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AWAY vs. MJUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and ETFMG U.S. Alternative Harvest ETF (MJUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AWAY	MJUS	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	—	—
Sortino ratio: Return per unit of downside risk	-1.07	—	—
Omega ratio: Gain probability vs. loss probability	0.88	—	—
Calmar ratio: Return relative to maximum drawdown	-0.56	—	—
Martin ratio: Return relative to average drawdown	-1.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AWAY	MJUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	—	—

Drawdowns

Drawdown Indicators

	AWAY	MJUS	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-52.49%	—	—
Current Drawdown Current decline from peak	-49.57%	—	—
Average Drawdown Average peak-to-trough decline	-36.15%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	16.33%	—	—

Volatility

Volatility by Period

	AWAY	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.36%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.82%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.81%	—	—

AWAY vs. MJUS - Expense Ratio Comparison

Both AWAY and MJUS have an expense ratio of 0.75%.

Dividends

AWAY vs. MJUS - Dividend Comparison

Neither AWAY nor MJUS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.04%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AWAY and MJUS in my portfolio?

AWAY and MJUS have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AWAY or MJUS?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AWAY or MJUS?

AWAY and MJUS have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AWAY or MJUS?

AWAY and MJUS have nearly identical dividend yields, around 0.00%.

What is the main difference between AWAY and MJUS?

AWAY is categorized as Consumer Discretionary Equities, while MJUS is Cannabis.