Check Out These 8 Fringe ETFs

If you are bullish on any of the cannabis, psychedelic, cryptocurrency, artificial intelligence (AI), "vice" industries, and/or gold and silver junior miner categories then you might want to buy one or more of the 8 ETFs analyzed in this article.

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If you are bullish on any of the cannabis (both LPs and MSOs), psychedelic (all clinical-stage), cryptocurrency (specifically Bitcoin), artificial intelligence (AI), "vice" industries, and/or gold and silver junior miner categories then you might want to buy one or more of the 8 ETFs analyzed in this article.

Below is a description of each ETF, their performances in descending order for the month of June and YTD, and how they compare with the munKNEE portfolios that track the same categories on a regular basis on TalkMarkets.com:

  1. The Global X Artificial Intelligence & Technology ETF (AIQ)
    • invests in 93 companies developing and utilizing artificial intelligence technology in their products and services,
    • was DOWN 37.1% in 2022, and
    • went UP 11.3% in June
    • is now UP 39.1% YTD.
    • Read Only 20% Of AI-Related Stocks Are In Bubble Mode
  2. The ProShares Bitcoin Strategy ETF (BITO)
  3. The AdvisorShares Psychedelics ETF (PSIL):
  4. The AdvisorsShare VICE ETF (VICE)
    • invests in "vice" industries which include alcohol and beer (43%), gaming and casinos (29%), tobacco and cannabis (17%), hospitality (6%) and other related business activities (5%) stocks,
    • was DOWN 17.7% in 2022, and
    • went UP 7.5% in June
    • is now UP 7.8% YTD
    • Read Conservative "Cannabis" Stocks Index Was Up +3% In June
  5. The AdvisorShares Pure U.S. Cannabis ETF (MSOS):
  6. The iShares MSCI Global Silver ETF (SLVP)
  7. The Sprott Junior Gold Miners ETF (SGDJ)
  8. The Global X Cannabis ETF (POTX):

In total, the above 8 ETFs went UP 2.6% in June and are now UP 7.4% YTD. In comparison, SPY (S&P 500 ETF) went UP 6.1% in June and is now UP 15.9% YTD.


More By This Author:

Only 20% Of AI-Related Stocks Are In Bubble Mode
Conservative "Cannabis" Stock Index Flat This Week
Canopy Growth Dragged Down The Canadian Cannabis LPs Index Again This Week

Disclosure:

None

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