TOKE vs. MJUS

Last updated Apr 2, 2026

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

TOKE and MJUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TOKE is an actively managed fund by Cambria. It was launched on Jul 25, 2019. MJUS is an actively managed fund by ETFMG. It was launched on May 12, 2021.

Performance

TOKE vs. MJUS - Performance Comparison

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

TOKE vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TOKE Cambria Cannabis ETF	-14.29%	21.18%	-6.39%	-9.28%	-45.07%	-24.45%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-66.89%	-39.41%

Returns By Period

TOKE

• 1D: 3.33%
• 1M: -5.75%
• YTD: -14.29%
• 6M: -17.35%
• 1Y: 20.81%
• 3Y*: -2.25%
• 5Y*: -21.57%
• 10Y*: —

MJUS

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

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

TOKE vs. MJUS - Expense Ratio Comparison

TOKE has a 0.42% expense ratio, which is lower than MJUS's 0.75% expense ratio.

MJUS

ETFMG U.S. Alternative Harvest ETF

TOKE

Cambria Cannabis ETF

Return for Risk

TOKE vs. MJUS — Risk / Return Rank

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

TOKE

TOKE Risk / Return Rank: 29
TOKE Sharpe Ratio Rank: 25
TOKE Sortino Ratio Rank: 40
TOKE Omega Ratio Rank: 32
TOKE Calmar Ratio Rank: 28
TOKE Martin Ratio Rank: 22

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.

TOKE vs. MJUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Cannabis ETF (TOKE) and ETFMG U.S. Alternative Harvest ETF (MJUS). 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.

	TOKE	MJUS	Difference
Sharpe ratio Return per unit of total volatility	0.48	—	—
Sortino ratio Return per unit of downside risk	1.19	—	—
Omega ratio Gain probability vs. loss probability	1.14	—	—
Calmar ratio Return relative to maximum drawdown	0.70	—	—
Martin ratio Return relative to average drawdown	1.56	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TOKE	MJUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	—	—

Correlation

The correlation between TOKE and MJUS is 0.45, 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

TOKE vs. MJUS - Dividend Comparison

TOKE's dividend yield for the trailing twelve months is around 1.06%, while MJUS has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
TOKE Cambria Cannabis ETF	1.06%	0.91%	6.62%	4.20%	2.11%	3.54%	4.33%	2.26%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	TOKE	MJUS	Difference
Max Drawdown Largest peak-to-trough decline	-83.27%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-26.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-78.40%	—	—
Current Drawdown Current decline from peak	-77.02%	—	—
Average Drawdown Average peak-to-trough decline	-60.97%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	11.86%	—	—

Volatility

Volatility by Period

	TOKE	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.84%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.60%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.02%	—	—