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MJ vs. OSCV
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MJ vs. OSCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Alternative Harvest ETF (MJ) and Opus Small Cap Value Plus ETF (OSCV). The values are adjusted to include any dividend payments, if applicable.

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MJ vs. OSCV - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
MJ
ETFMG Alternative Harvest ETF
-22.73%13.07%-23.97%-24.18%-61.55%-22.79%-16.18%-31.36%-10.48%
OSCV
Opus Small Cap Value Plus ETF
6.67%1.35%11.66%10.14%-11.41%27.69%4.94%27.51%-13.52%

Returns By Period

In the year-to-date period, MJ achieves a -22.73% return, which is significantly lower than OSCV's 6.67% return.


MJ

1D
9.36%
1M
-11.33%
YTD
-22.73%
6M
-37.17%
1Y
20.44%
3Y*
-15.21%
5Y*
-37.72%
10Y*

OSCV

1D
1.68%
1M
-2.78%
YTD
6.67%
6M
3.75%
1Y
14.52%
3Y*
9.67%
5Y*
5.27%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MJ vs. OSCV - Expense Ratio Comparison

MJ has a 0.75% expense ratio, which is lower than OSCV's 0.79% expense ratio.


Return for Risk

MJ vs. OSCV — Risk / Return Rank

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

MJ
MJ Risk / Return Rank: 2727
Overall Rank
MJ Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
MJ Sortino Ratio Rank: 4444
Sortino Ratio Rank
MJ Omega Ratio Rank: 3333
Omega Ratio Rank
MJ Calmar Ratio Rank: 2121
Calmar Ratio Rank
MJ Martin Ratio Rank: 1818
Martin Ratio Rank

OSCV
OSCV Risk / Return Rank: 4848
Overall Rank
OSCV Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
OSCV Sortino Ratio Rank: 4949
Sortino Ratio Rank
OSCV Omega Ratio Rank: 4545
Omega Ratio Rank
OSCV Calmar Ratio Rank: 4949
Calmar Ratio Rank
OSCV Martin Ratio Rank: 4949
Martin Ratio Rank
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.

MJ vs. OSCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Alternative Harvest ETF (MJ) and Opus Small Cap Value Plus ETF (OSCV). 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.


MJOSCVDifference

Sharpe ratio

Return per unit of total volatility

0.24

0.86

-0.62

Sortino ratio

Return per unit of downside risk

1.16

1.31

-0.15

Omega ratio

Gain probability vs. loss probability

1.13

1.17

-0.04

Calmar ratio

Return relative to maximum drawdown

0.38

1.26

-0.88

Martin ratio

Return relative to average drawdown

0.81

4.80

-3.99

MJ vs. OSCV - Sharpe Ratio Comparison

The current MJ Sharpe Ratio is 0.24, which is lower than the OSCV Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of MJ and OSCV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MJOSCVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.24

0.86

-0.62

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.64

0.31

-0.95

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.51

0.36

-0.87

Correlation

The correlation between MJ and OSCV is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

MJ vs. OSCV - Dividend Comparison

MJ's dividend yield for the trailing twelve months is around 2.57%, more than OSCV's 1.13% yield.


TTM20252024202320222021202020192018
MJ
ETFMG Alternative Harvest ETF
2.57%1.98%13.80%0.00%0.00%0.00%0.00%0.00%0.00%
OSCV
Opus Small Cap Value Plus ETF
1.13%1.23%1.29%1.55%1.12%1.06%1.11%1.75%0.25%

Drawdowns

MJ vs. OSCV - Drawdown Comparison

The maximum MJ drawdown since its inception was -96.55%, which is greater than OSCV's maximum drawdown of -42.40%. Use the drawdown chart below to compare losses from any high point for MJ and OSCV.


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Drawdown Indicators


MJOSCVDifference

Max Drawdown

Largest peak-to-trough decline

-96.55%

-42.40%

-54.15%

Max Drawdown (1Y)

Largest decline over 1 year

-48.66%

-11.67%

-36.99%

Max Drawdown (5Y)

Largest decline over 5 years

-93.52%

-22.92%

-70.60%

Current Drawdown

Current decline from peak

-95.01%

-4.78%

-90.23%

Average Drawdown

Average peak-to-trough decline

-68.66%

-7.73%

-60.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.07%

3.07%

+20.00%

Volatility

MJ vs. OSCV - Volatility Comparison

ETFMG Alternative Harvest ETF (MJ) has a higher volatility of 18.42% compared to Opus Small Cap Value Plus ETF (OSCV) at 4.74%. This indicates that MJ's price experiences larger fluctuations and is considered to be riskier than OSCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MJOSCVDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.42%

4.74%

+13.68%

Volatility (6M)

Calculated over the trailing 6-month period

59.20%

9.52%

+49.68%

Volatility (1Y)

Calculated over the trailing 1-year period

84.94%

16.96%

+67.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

58.89%

17.34%

+41.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

55.44%

21.05%

+34.39%