MJUS vs. WEED

Last updated Apr 1, 2026

Compare and contrast key facts about ETFMG U.S. Alternative Harvest ETF (MJUS) and Roundhill Cannabis ETF (WEED).

MJUS and WEED are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MJUS is an actively managed fund by ETFMG. It was launched on May 12, 2021. WEED is an actively managed fund by Roundhill. It was launched on Apr 19, 2022.

Performance

MJUS vs. WEED - Performance Comparison

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

MJUS vs. WEED - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-53.39%
WEED Roundhill Cannabis ETF	-23.72%	19.40%	-44.93%	0.87%	-60.22%

Returns By Period

MJUS

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

WEED

• 1D: 12.68%
• 1M: -7.71%
• YTD: -23.72%
• 6M: -26.88%
• 1Y: 37.27%
• 3Y*: -13.04%
• 5Y*: —
• 10Y*: —

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

MJUS vs. WEED - Expense Ratio Comparison

MJUS has a 0.75% expense ratio, which is higher than WEED's 0.40% expense ratio.

MJUS

ETFMG U.S. Alternative Harvest ETF

WEED

Roundhill Cannabis ETF

Return for Risk

MJUS vs. WEED — Risk / Return Rank

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

WEED

WEED Risk / Return Rank: 33
WEED Sharpe Ratio Rank: 21
WEED Sortino Ratio Rank: 55
WEED Omega Ratio Rank: 42
WEED Calmar Ratio Rank: 27
WEED Martin Ratio Rank: 20

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. WEED - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG U.S. Alternative Harvest ETF (MJUS) and Roundhill Cannabis ETF (WEED). 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	WEED	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.41	—

Correlation

The correlation between MJUS and WEED is 0.50, 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

MJUS vs. WEED - Dividend Comparison

Neither MJUS nor WEED has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Drawdown Indicators

	MJUS	WEED	Difference
Max Drawdown Largest peak-to-trough decline	—	-88.07%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-54.01%	—
Current Drawdown Current decline from peak	—	-79.88%	—
Average Drawdown Average peak-to-trough decline	—	-62.26%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.38%	—

Volatility

Volatility by Period

	MJUS	WEED	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	79.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	109.98%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	81.88%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	81.88%	—