WEED vs. MJUS

Last updated Apr 2, 2026

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

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

Performance

WEED vs. MJUS - Performance Comparison

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

WEED vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WEED Roundhill Cannabis ETF	-21.02%	19.40%	-44.93%	0.87%	-60.22%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-53.39%

Returns By Period

WEED

• 1D: 3.55%
• 1M: 0.66%
• YTD: -21.02%
• 6M: -27.03%
• 1Y: 42.99%
• 3Y*: -12.02%
• 5Y*: —
• 10Y*: —

MJUS

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

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

WEED vs. MJUS - Expense Ratio Comparison

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

MJUS

ETFMG U.S. Alternative Harvest ETF

WEED

Roundhill Cannabis ETF

Return for Risk

WEED vs. MJUS — Risk / Return Rank

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

WEED

WEED Risk / Return Rank: 34
WEED Sharpe Ratio Rank: 22
WEED Sortino Ratio Rank: 56
WEED Omega Ratio Rank: 42
WEED Calmar Ratio Rank: 28
WEED Martin Ratio Rank: 21

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.

WEED vs. MJUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Cannabis ETF (WEED) 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.

	WEED	MJUS	Difference
Sharpe ratio Return per unit of total volatility	0.39	—	—
Sortino ratio Return per unit of downside risk	1.53	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	0.78	—	—
Martin ratio Return relative to average drawdown	1.53	—	—
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

	WEED	MJUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	—	—

Correlation

The correlation between WEED and MJUS 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

WEED vs. MJUS - Dividend Comparison

Neither WEED nor MJUS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Drawdown Indicators

	WEED	MJUS	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	-79.16%	—	—
Average Drawdown Average peak-to-trough decline	-62.28%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	27.52%	—	—

Volatility

Volatility by Period

	WEED	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	79.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	110.01%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.86%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.86%	—	—