ITEQ vs. MJUS

Last updated Jun 4, 2026

ITEQ (BlueStar Israel Technology ETF) and MJUS (ETFMG U.S. Alternative Harvest ETF) are both exchange-traded funds - ITEQ is a Technology Equities fund tracking the BlueStar Israel Global Technology Index, while MJUS is a Cannabis fund actively managed by ETFMG. ITEQ is passively managed, while MJUS is actively managed. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

ITEQ vs. MJUS - Performance Comparison

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

Returns By Period

ITEQ

• 1D: -2.89%
• 1M: 7.48%
• YTD: 17.19%
• 6M: 20.44%
• 1Y: 27.92%
• 3Y*: 14.27%
• 5Y*: 0.67%
• 10Y*: 11.00%

MJUS

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

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

ITEQ vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ITEQ BlueStar Israel Technology ETF	17.19%	13.71%	11.70%	4.70%	-30.36%	5.70%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-66.89%	-39.41%

Correlation

The correlation between ITEQ and MJUS is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since May 14, 2021	0.35

The correlation between ITEQ and MJUS shifts across timeframes, from 0.11 (3 years) to 0.35 (all time), reflecting how their relationship changes across market environments.

ITEQ vs. MJUS - Sectors Allocation Comparison

Sectors	ITEQ	MJUS
Technology	58.7%	3.6%
Industrials	16.6%	-
Utilities	10.1%	-
Financial Services	5.1%	4.7%
Consumer Cyclical	3.3%	0.8%
Healthcare	2.3%	14.1%
Energy	2.0%	-
Communication Services	1.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Real Estate	-	1.6%

Return for Risk

ITEQ vs. MJUS — Risk / Return Rank

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

ITEQ

ITEQ Risk / Return Rank: 35
ITEQ Sharpe Ratio Rank: 33
ITEQ Sortino Ratio Rank: 32
ITEQ Omega Ratio Rank: 30
ITEQ Calmar Ratio Rank: 44
ITEQ Martin Ratio Rank: 37

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.

ITEQ vs. MJUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlueStar Israel Technology ETF (ITEQ) 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.

	ITEQ	MJUS	Difference
Sharpe ratio: Return per unit of total volatility	1.23	—	—
Sortino ratio: Return per unit of downside risk	1.75	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	2.15	—	—
Martin ratio: Return relative to average drawdown	5.76	—	—
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

	ITEQ	MJUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	—	—

Drawdowns

Drawdown Indicators

	ITEQ	MJUS	Difference
Max Drawdown Largest peak-to-trough decline	-54.63%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-54.63%	—	—
Current Drawdown Current decline from peak	-13.17%	—	—
Average Drawdown Average peak-to-trough decline	-18.52%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.86%	—	—

Volatility

Volatility by Period

	ITEQ	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.77%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.96%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.40%	—	—

ITEQ vs. MJUS - Expense Ratio Comparison

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

Dividends

ITEQ vs. MJUS - Dividend Comparison

ITEQ's dividend yield for the trailing twelve months is around 0.72%, while MJUS has not paid dividends to shareholders.

Position	TTM	2025	2024
ITEQ BlueStar Israel Technology ETF	0.72%	0.85%	0.01%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ITEQ and MJUS in my portfolio?

ITEQ and MJUS have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ITEQ 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, ITEQ or MJUS?

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

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

ITEQ has the higher dividend yield at 0.72%, compared with 0.00% for MJUS.

What is the main difference between ITEQ and MJUS?

ITEQ is categorized as Technology Equities, while MJUS is Cannabis.