E October Update Of Marijuana ETF Performances

The performance of the 15 marijuana/marijuana-related ETFs varies dramatically depending on their makeup of constituents. In October this segment of the cannabis market ranged from +/-0% to -14.3% (excluding the 2 leveraged ETFs) and declined on average by 8.4% 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 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 last week:

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