Summary: Performance Of These 10 Categories Varied Greatly In June And YTD
munKNEE.com tracks the weekly, monthly and YTD performances of 10 categories of stocks and their prices ranged from +7.7% to -28.0% in June and and are now -3.4% to -59.7% YTD compared to a -20.5% change in the S&P 500.
Below is a summary of said performances, in descending order, with links to the performances of the individual constituents in each index.
- The Pure-Play Psychedelic Compounds-Based Stocks Index: + 7.7% in June; Still -54.9% YTD
- The Index consists of 8 psychedelic compound-based and marijuana (THC) drug companies in the clinical stages of research and development of treatments for a wide variety of mental illnesses that trade on the Canadian and/or American stock exchanges and have market caps of at least US$50M.
- Read this article that details the performance of each of the constituents in June and YTD.
- The Conservative Pot Stocks Index: -6.6% in June; Now -3.4% YTD
- The Index consists of 6 tobacco, beer, and liquor companies that have invested heavily in the cannabis industry and pay dividends with yields ranging from 1.0% to 8.6% and averaging 3.2%.
- Read this article that details the performance of each of the constituents in June and YTD.
- The ESG ETFs Index: -6.9% in June; Now -13.3% YTD
- The Index consists of the 10 best performing ESG ETFs, out of 126 ETFs in the category, that have ESG Risk Ratings of 7.2 (AA or AAA) or more.
- Read this article that details the performance of each of the constituents in June and YTD.
- Best Cryptocurrency/Blockchain ETFs Index: -10.8% in June; Now -24.2% YTD
- The Index consists of just 2 ETFs that stand head and shoulders above the 22 others and how they relate to owning Bitcoin or Ethereum directly, or one of the inverse or short ETFs available.
- Read this article that details the performance of each of the constituents in June and YTD.
- The Metaverse Stocks Index: -11.7% in June; Now -45.9% YTD
- The Index tracks the stock performance of the 10 best metaverse stocks to buy in 2022, according to the Elliott Wave Forecast.
- Read this article that details the performance of each of the constituents in June and YTD.
- The Ancillary Pot Stock Index: -16.9% in June; Now -54.6% YTD
- The Index consists of the 7 largest companies providing goods and services to the cannabis sector that trade for at least US$3/share on the Canadian and/or American stock exchanges and have a market cap of at least US$100M.
- Read this article that details the performance of each of the constituents in June and YTD.
- Infrastructure Bill Beneficiaries Index: -17.5% in June; Noe -24.5% YTD
- The Index consists of 12 companies that generate a majority of their revenues from infrastructure-related business activities.
- Read this article that details the performance of each of the constituents in June and YTD.
- Plant-based Food Stocks Index: -17.9 in June; Now -59.7% YTD
- The Index consists of 5 pure-play companies whose stocks trade on the Canadian and/or American stock exchanges and have market caps of at least US$50M.
- Read this article that details the performance of each of the constituents in June and YTD.
- The Pure-Play American MSO Pot Stock Index: -22.3% in June; Now -57.4% YTD
- The Index consists of the 13 largest American Multi-State Operators that trade for at least US$1/share on the Canadian and/or American stock exchanges and have a market cap of at least US$200M.
- Read this article that details the performance of each of the constituents in June and YTD.
- The Pure-Play Canadian LP Pot Stock Index: -28.0% in June; Now -57.4% YTD
- The Index consists of the 5 largest Canadian Licensed Producers that trade for at least US$1/share on the Canadian and/or American stock exchanges and have a market cap in excess of US$250M.
- Read this article that details the performance of each of the constituents last week and YTD.
The above 10 Indexes consist of a total of 78 constituents of which ONLY 3 (cannabis-related tobacco stocks) are above their December 31st prices. Given the deeply discounted prices of the remaining 75 stocks they warrant your serious consideration - do your own due diligence - going forward.
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4 Of 5 Cannabis Categories Declined In June; All 5 Are Down YTD
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