These 9 Fringe ETFs Ranged From +23% MTD To -8%

Mockup, Typewriter, Word, Money, Wall Street, Etf

Image Source: Pixabay
 

Consider buying one of the 9 ETFs analyzed in this article if you are interested in 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 that are in the various portfolios that munKNEE.com tracks on a weekly basis in articles posted exclusively on TalkMarkets.com.

Below is a description of each of the nine ETFs and its performance month-to-date (MTD) and YTD, and how they compare with the munKNEE portfolios.

  1. The Global X Artificial Intelligence & Technology ETF (AIQ): UP 23.2% MTD; UP 46.8% YTD
  2. The Invesco PHLX Semiconductor ETF (SOXQ): UP 11.5% MTD; UP 52.5% YTD
  3. The iShares MSCI Global Silver ETF (SLVP): UP 7.5% MTD; DOWN 1.2% YTD
  4. The AdvisorShares Psychedelics ETF (PSIL): UP 6.5% MTD; UP 5.4% YTD
  5. The Global X Cannabis ETF (POTX): UP 6.3% MTD; DOWN 39.1% YTD
  6. The Sprott Junior Gold Miners ETF (SGDJ): UP 5.2% MTD; UP 2.1% YTD
  7. The AdvisorsShare VICE ETF (VICE): UP 1.4% MTD; UP 9.3% YTD
    • 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
  8. The AdvisorShares Pure U.S. Cannabis ETF (MSOS): DOWN 2.9% MTD; DOWN 23.0% YTD
  9. The ProShares Bitcoin Strategy ETF (BITO): DOWN 8.1% MTD; UP 49.6% YTD

​​​​​​​​​​​​​​In total, a Fringe Portfolio of the above 9 ETFs would be UP 4.1% MTD and UP 16.2% YTD. In comparison, the S&P 500 is UP 9.6% MTD and UP 19.3% YTD while the Nasdaq is UP 3.8% MTD and UP 36.8% YTD.


More By This Author:

These 10 AI Stocks Are Up An Average Of 99% In Last 3 Months
July Summary: Largest Cannabis MSOs Declined 4%; Now -23% YTD
July Summary: Largest Psychedelic Compound-Based R&D Stocks Up 16%

Visit  munKNEE.com and register to receive our free Market Intelligence Report newsletter (sample  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments