Cannabis ETF

Cannabis ETF (THCX)

Description

The investment seeks to track the performance of the Innovation Labs Cannabis Index. The THCX ETF contains 32 constituents. It is focused on blend holdings in the North America region.

Price $2.82 as of 2022-10-20

Cost/Risk/Yield

Dividend yield
Expense ratio	0.75%
Average spread	4.255%
1Y roundtrip cost	5.005%

Historic prices

Total Returns (including dividends)

Returns by Year

Returns by Period

Monthly returns heatmap

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2022	-12.9%	-2.7%	4.6%	-24.7%	-14.4%	-24.4%	4.9%	-4.7%	-24.9%	1.8%			-97.4%
2021	33.9%	18.1%	-0.4%	-6.9%	-2.6%	-3.9%	-10.7%	-4.4%	-12.4%	-8.3%	-14.6%	-15.1%	-27.2%
2020	-3.2%	-18.0%	-20.4%	10.2%	21.3%	-7.2%	6.4%	0.2%	-17.6%	4.6%	56.9%	-7.7%	25.4%
2019								-13.3%	-14.7%	-8.7%	-11.5%	-2.9%	-51.0%
	17.8%	-2.6%	-16.2%	-21.4%	4.3%	-35.5%	0.6%	-22.1%	-69.6%	-10.6%	30.8%	-25.8%

Historical Dividends

Dividends by Year

Dividend Yields by Year

Monthly dividend heatmap

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2021						0.00							0.00
2020						0.25			0.15			0.05	0.45
2019												0.42	0.42
	0.00	0.00	0.00	0.00	0.00	0.25	0.00	0.00	0.15	0.00	0.00	0.47

Sectors and Top Holdings

Security	% Assets
Village Farms International, Inc.	6.64%
OrganiGram Holdings Inc	5.39%
Fire & Flower Holdings Corp.	5.28%
Cronos Group Inc	5.23%
Canopy Growth Corporation	5.19%
Tilray, Inc.	5.14%
Amyris, Inc.	4.89%
Hydrofarm Holdings Group, Inc.	4.28%
GrowGeneration Corp.	3.98%
Scotts Miracle-Gro Company Class A	3.60%
EnWave Corporation	3.22%
High Tide, Inc.	3.15%
Wolfspeed Inc	3.10%
cbdMD, Inc.	3.09%
Valens Company Inc	3.06%
Top 15 Weights	65.24%

Compare with similar ETFs

	THCX	KROP	MJ	MJXL	PSY	TOKE
Product name	Cannabis ETF	Global X AgTech & Food Innovation ETF	ETFMG Alternative Harvest ETF	ETF Managers Trust ETFMG 2X Daily Alternative Harvest ETF	Defiance Next Gen Altered Experience ETF	Cambria Cannabis ETF
Issuer	Innovation Shares LLC	Global X	ETF Managers Group	ETF Managers Group	Defiance	Cambria
Price	$2.82	$14.3216	$4.85	$0.49	$5.9	$6.745
Expense Ratio	0.75%	0.5%	0.75%	0.95%	0.75%	0.42%
Average Spread	4.255%	0.908%	0.206%	59.184%	1.356%	2.669%
AUM	$22,969,200	$3,756,480	$349,632,000	$73,291	$3,546,970	$14,184,300
Shares	8,145,095	262,295	72,089,017	149,573	601,181	2,102,941
Average Daily Volume	58,690	2,043	1,049,461	25,198	7,469	6,123
Home page	Visit external site	Visit external site	Visit external site	Visit external site	Visit external site	Visit external site
Inception Date	2019-07-09	2021-07-12	2015-12-02	2021-07-06	2021-05-27	2019-07-25
Index Tracked	Innovation Labs Cannabis Index	Solactive AgTech & Food Innovation Index	Prime Alternative Harvest Index	Prime Alternative Harvest Index	No Underlying Index	No Underlying Index
Category	Small Cap Blend Equities	n/a	Small Cap Blend Equities	n/a	n/a	All Cap Equities
Asset Class	Equity	Equity	Equity	Equity	Equity	Equity
Asset Class Size	Mid/Small/Micro Caps		Large/Mid/Small/Micro Caps		Small/Micro Caps	Large/Mid/Small/Micro Caps
Value or Growth	Blend		Blend			Blend
Region	North America		North America		North America	North America
Countries	Broad	Broad	U.S.	Broad	Broad	Broad
Annual Dividend Rate	$0	$0.194	$0.184	$0	$0	$0.088
Annual Dividend Yield	0.000%	0.014%	0.038%	0.000%	0.000%	0.013%
Number of Holdings	32	0	30		20	26
YTD Return	-66.98%	-27.30%	-55.38%	-84.14%	-50.08%	-45.04%
Beta	-0.15	1.04	-1.47	3.23	1.17	-0.06
Upside Beta	0.06	-1.20	-1.14	-5.91	-1.80	0.17
Downside Beta	-1.90	-1.38	-0.62	-5.00	-2.05	-1.28
Volatility 1Y	54.35%	29.11%	53.74%	108.40%	42.11%	34.84%
Sharpe Ratio 3Y	-0.88	0.00	-0.84	0.00	0.00	-0.91
Treynor Ratio 3Y	0.20	0.00	0.02	0.00	0.00	0.35

Securities Database