ETFs Outperforming The S&P 500, On Average
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If you are bullish on any of the cannabis (both LPs and MSOs), psychedelic (all clinical-stage), cryptocurrency (specifically Bitcoin), and gold and silver junior miner categories then you might want to buy one or more of 6 ETFs that focus on those categories. Below is a description of each, their performances, in descending order, YTD (as of April 14th), and how they compare with the munKNEE portfolios that track the same categories on a regular basis here on TalkMarkets.com (see here):
- The ProShares Bitcoin Strategy ETF (BITO)
- consists of 1 constituent,
- was DOWN 65.1% in 2022, and
- is now UP 76.5% YTD.
- Related Article: An Easy Way To Invest In Bitcoin
- The Sprott Junior Gold Miners ETF (SGDJ)
- The iShares MSCI Global Silver ETF (SLVP)
- consists of 43 constituents,
- was DOWN 15.8% in 2022, and
- is now UP 14.3% YTD.
- In comparison, the munKNEE 10 Gold Juniors With Parabolic Potential is UP 14.8% YTD. (see here)
- The AdvisorShares Psychedelics ETF (PSIL):
- consists of 23 constituents,
- was DOWN 68.2% in 2022, and
- is now only DOWN 2.7% YTD.
- In comparison, the munKNEE Psychedelic Stocks ETF is UP 1.9% YTD. (see here)
- The AdvisorShares Pure U.S. Cannabis ETF (MSOS):
- consists exclusively of 47 American multi-state operators (MSOs),
- was DOWN 72.1% in 2022, and
- is now DOWN 23.9% YTD.
- In comparison, the munKNEE American Cannabis MSOs Index is DOWN 23.4% YTD. (see here)
- The Global X Cannabis ETF (POTX):
- consists of 19 constituents of which 57% are Canadian licensed producers (LPs),
- was DOWN 69.0% in 2022, and
- is now DOWN 25.5% YTD.
- In comparison, the munKNEE Canadian Cannabis LPs Index is DOWN 24.8% YTD. (see here)
In total, the above 6 ETFs: are UP 16.9% YTD. In comparison, SPY (S&P 500 ETF) is only UP 7.8% YTD.
More By This Author:
These 10 Gold And Silver Juniors Have Parabolic Potential
3 Largest Pure-Play Plant-Based Food Stocks Down 9% Month-To-Date
Largest Canadian Cannabis LPs Already -6% In April; Now -22.5% YTD
Disclosure: None
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