MJUS vs. AWAY

Last updated Jun 4, 2026

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

Performance

MJUS vs. AWAY - Performance Comparison

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

Returns By Period

MJUS

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

AWAY

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

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

MJUS vs. AWAY - Yearly Performance Comparison

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

Correlation

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

MJUS vs. AWAY - Sectors Allocation Comparison

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

Return for Risk

MJUS vs. AWAY — 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.

MJUS vs. AWAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG U.S. Alternative Harvest ETF (MJUS) and ETFMG Travel Tech ETF (AWAY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MJUS	AWAY	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

	MJUS	AWAY	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

	MJUS	AWAY	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%	—

MJUS vs. AWAY - Expense Ratio Comparison

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

Dividends

MJUS vs. AWAY - Dividend Comparison

Neither MJUS nor AWAY 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 MJUS and AWAY in my portfolio?

MJUS and AWAY 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, MJUS or AWAY?

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, MJUS or AWAY?

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

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

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

What is the main difference between MJUS and AWAY?

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