November Performance Of The Market's 15 Cannabis ETFs Ranged From +6.1% To -14.4%
The performance of the 15 marijuana/marijuana-related ETFs varies dramatically depending on their makeup of constituents. In November this segment of the cannabis market ranged from +6.1% to -14.4% (excluding the 2 leveraged ETFs) and declined, on average, 7.3% (compared to -8.4% in October) in total.
The marijuana & marijuana-related ETFs segment of the cannabis market consists of 15 ETFs of which 2 are US-centric (HMUS; USMJ), 2 are leveraged plays (HMJU; HMJI), 2 are marijuana/marijuana-related plays (ACT; MJ) and the remaining 9 are more broadly based. In addition, 7 the 15 are passively managed and 8 are actively managed.
The ETFs (excluding the leveraged ETFs) experienced a:
- decline of 7.3% in November, on average, vs. a
- decline of 8.4% in October, on average vs. a
- decline of 13.3% in September, on average, following on the heels of a
- decline of 11.9%, on average, in August.
Below is a summary of the performance of all 15 marijuana ETFs in November:
$24.93
| Name | Symbol | Oct.31 Price | Nov.30 Price | % Change | 2019 Peak Price | ||
|---|---|---|---|---|---|---|---|
| 1. |
AdvisorShares Pure Cannabis ETF |
YOLO | $13.28 | $14.56 |
-5.6% |
$26.24 | |
| 2. | Amplify Seymour Cannabis ETF | CNBS | $15.88 | $14.39 | -9.4% | ||
| 3. | BetaPro Marijuana Companies 2x Daily Bull ETF | HMJU | $4.34 | $3.03 | -30.2% | $21.01 | |
| 4. | BetaPro Marijuana Companies Inverse ETF | HMJI | $33.61 | $36.79 | +9.5% | $19.69 | |
| 5. | Cambria Marijuana Industry ETF | TOKE | $17.11 | $15.54 | -9.2% | $25.58 | |
| 6. | Innovation Shares The Cannabis ETF | THCX | $15.10 | $13.37 | -11.5% | $24.56 | |
| 7. | Evolve Marijuana Fund ETF | SEED | $14.03 | $12.18 | -13.2% | $30.26 | |
| 8. | Global X Marijuana ETF | POTX | $17.95 | $15.36 | -14.4% | $23.91 | |
| 9. | Evolve US Marijuana ETF | USMJ | $10.80 | $10.00 | -7.4% | $21.45 | |
| 10. | Horizons Emerging Marijuana Growers ETF | HMJR | $3.17 | $2.86 | -9.8% | $8.25 | |
| 11. | Advisor Shares VICE ETF | ACT | $23.59 | $25.03 | +6.1% | $25.84 | |
| 12. | Horizons Marijuana Life Sciences ETF | HMMJ | $10.46 | $9.18 | -12.2% | $23.65 | |
| 13. | ETFMG Alternative Harvest ETF | MJ | $19.39 | $17.29 | -10.8% |
$37.94 |
|
| 14. | Horizons US Marijuana Index ETF | HMUS | 4.56 | $4.50 | -1.3% | $10.51 | |
| 15. | Purpose Marijuana Opportunities ETF | MJJ | 18.87 | $18.50 | -2.0% | $36.04 |
The Advisor Shares VICE ETF (Nasdaq: ACT) was the best performing marijuana/marijuana-related ETF again this month given its 30 diversified holdings (see here) in select alcohol companies (24.0%), alcohol companies with cannabis exposure (7.6%), tobacco companies (8.2%), tobacco companies with cannabis exposure (13.7%), restaurant & entertainment companies (16.1%) and cannabis companies (30.3%).
You have seen the lows this year for these stocks... Good news! …. Massive short squeeze rally in cannabis stocks may be coming to a neighborhood near you!... short interest:
$CGC – 21.22% - Canopy Growth*
$ACB – 17.36% - Aurora Cannabis
$GWPH - 17.15% - GW Pharmaceuticals
$CRON – 31.27% - Cronos Group
$TLRY – 35.93% - Tilray, Inc.
$APHA – 14.70% - Aphria, Inc.
$HEXO – 13.74% - HEXO Corp
$OGI – 6.79% - Organigram
$VFF – 9.84% - Village Farms
$NEPT – 15.60% - Neptune Wellness
The hedge funds, vulture funds, and the hack money managers ARE SHORT, they SOLD SHORT BILLION$$$$. Even shares in the marijuana ETF's are sold short, ETFMG (MJ) Alt Harvest Fund ETF and Horizons Marijuana ETF SOLD SHORT. Well, there is a new Sheriff in town, he's called the long shareholders, show 'em who's boss and send these rodeo clowns packing.
WAY TOO MANY SHARES SOLD SHORT, THE SHORTS WILL HAVE TO BUY BACK BILLION$$$$ TO COVER...