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MJUS vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between MJUS and ^GSPC is 0.32, 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.


Performance

MJUS vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG U.S. Alternative Harvest ETF (MJUS) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period


MJUS

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

3Y*

N/A

5Y*

N/A

10Y*

N/A

^GSPC

YTD

-0.67%

1M

10.48%

6M

-1.79%

1Y

10.08%

3Y*

13.71%

5Y*

14.60%

10Y*

10.64%

*Annualized

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S&P 500

Risk-Adjusted Performance

MJUS vs. ^GSPC — Risk-Adjusted Performance Rank

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

MJUS
The Risk-Adjusted Performance Rank of MJUS is 11
Overall Rank
The Sharpe Ratio Rank of MJUS is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of MJUS is 00
Sortino Ratio Rank
The Omega Ratio Rank of MJUS is 00
Omega Ratio Rank
The Calmar Ratio Rank of MJUS is 11
Calmar Ratio Rank
The Martin Ratio Rank of MJUS is 00
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6262
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 5757
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 5959
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 5858
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 6969
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MJUS vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG U.S. Alternative Harvest ETF (MJUS) and S&P 500 (^GSPC). 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.



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Drawdowns

MJUS vs. ^GSPC - Drawdown Comparison


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Volatility

MJUS vs. ^GSPC - Volatility Comparison


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