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MJ vs. SILJ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MJ vs. SILJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Alternative Harvest ETF (MJ) and ETFMG Prime Junior Silver Miners ETF (SILJ). The values are adjusted to include any dividend payments, if applicable.

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MJ vs. SILJ - 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%-22.57%
SILJ
ETFMG Prime Junior Silver Miners ETF
7.41%183.89%6.39%-5.21%-15.42%-23.21%33.00%57.06%-22.78%

Returns By Period

In the year-to-date period, MJ achieves a -22.73% return, which is significantly lower than SILJ's 7.41% return.


MJ

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

SILJ

1D
8.82%
1M
-26.25%
YTD
7.41%
6M
31.14%
1Y
149.83%
3Y*
42.89%
5Y*
16.70%
10Y*
14.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MJ vs. SILJ - Expense Ratio Comparison

MJ has a 0.75% expense ratio, which is higher than SILJ's 0.69% expense ratio.


Return for Risk

MJ vs. SILJ — 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

SILJ
SILJ Risk / Return Rank: 9595
Overall Rank
SILJ Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
SILJ Sortino Ratio Rank: 9494
Sortino Ratio Rank
SILJ Omega Ratio Rank: 9292
Omega Ratio Rank
SILJ Calmar Ratio Rank: 9696
Calmar Ratio Rank
SILJ Martin Ratio Rank: 9595
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. SILJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Alternative Harvest ETF (MJ) and ETFMG Prime Junior Silver Miners ETF (SILJ). 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.


MJSILJDifference

Sharpe ratio

Return per unit of total volatility

0.24

2.74

-2.50

Sortino ratio

Return per unit of downside risk

1.16

2.83

-1.67

Omega ratio

Gain probability vs. loss probability

1.13

1.40

-0.27

Calmar ratio

Return relative to maximum drawdown

0.38

4.26

-3.87

Martin ratio

Return relative to average drawdown

0.81

14.55

-13.74

MJ vs. SILJ - Sharpe Ratio Comparison

The current MJ Sharpe Ratio is 0.24, which is lower than the SILJ Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of MJ and SILJ, 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


MJSILJDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.24

2.74

-2.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.64

0.38

-1.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.32

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.51

0.09

-0.60

Correlation

The correlation between MJ and SILJ is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

MJ vs. SILJ - Dividend Comparison

MJ's dividend yield for the trailing twelve months is around 2.57%, more than SILJ's 1.86% yield.


TTM20252024202320222021202020192018201720162015
MJ
ETFMG Alternative Harvest ETF
2.57%1.98%13.80%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SILJ
ETFMG Prime Junior Silver Miners ETF
1.86%2.00%7.26%0.01%0.05%0.36%1.23%1.45%1.66%0.00%0.52%2.46%

Drawdowns

MJ vs. SILJ - Drawdown Comparison

The maximum MJ drawdown since its inception was -96.55%, which is greater than SILJ's maximum drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for MJ and SILJ.


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Drawdown Indicators


MJSILJDifference

Max Drawdown

Largest peak-to-trough decline

-96.55%

-79.04%

-17.51%

Max Drawdown (1Y)

Largest decline over 1 year

-48.66%

-34.71%

-13.95%

Max Drawdown (5Y)

Largest decline over 5 years

-93.52%

-56.09%

-37.43%

Max Drawdown (10Y)

Largest decline over 10 years

-70.06%

Current Drawdown

Current decline from peak

-95.01%

-26.25%

-68.76%

Average Drawdown

Average peak-to-trough decline

-68.66%

-41.67%

-26.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.07%

10.16%

+12.91%

Volatility

MJ vs. SILJ - Volatility Comparison

The current volatility for ETFMG Alternative Harvest ETF (MJ) is 18.42%, while ETFMG Prime Junior Silver Miners ETF (SILJ) has a volatility of 21.63%. This indicates that MJ experiences smaller price fluctuations and is considered to be less risky than SILJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MJSILJDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.42%

21.63%

-3.21%

Volatility (6M)

Calculated over the trailing 6-month period

59.20%

46.79%

+12.41%

Volatility (1Y)

Calculated over the trailing 1-year period

84.94%

54.97%

+29.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

58.89%

44.07%

+14.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

55.44%

46.61%

+8.83%