These 9 Fringe ETFs Ranged From +23% MTD To -8%
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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.
- The Global X Artificial Intelligence & Technology ETF (AIQ): UP 23.2% MTD; UP 46.8% YTD
- invests in 92 companies developing and utilizing artificial intelligence technology in their products and services
- Read These 9 "Penny" AI Stocks Are Up 43%, On Average, In Just 3 Months
- The Invesco PHLX Semiconductor ETF (SOXQ): UP 11.5% MTD; UP 52.5% YTD
- consists of 30 constituents
- Read These 10 AI Stocks Are Up An Average Of 99% In Last 3 Months
- The iShares MSCI Global Silver ETF (SLVP): UP 7.5% MTD; DOWN 1.2% YTD
- consists of 43 constituents
- Read Average Silver Forecast Of 26 Analysts: $31.82 By End Of 2023
- The AdvisorShares Psychedelics ETF (PSIL): UP 6.5% MTD; UP 5.4% YTD
- consists of 23 constituents
- Read July Summary: Largest Psychedelic Compound-Based R&D Stocks Up 16%
- The Global X Cannabis ETF (POTX): UP 6.3% MTD; DOWN 39.1% YTD
- consists of 19 constituents of which 57% are Canadian licensed producers (LPs)
- Read July Summary: Largest Canadian Cannabis LPs Jumped 9%, On Average
- The Sprott Junior Gold Miners ETF (SGDJ): UP 5.2% MTD; UP 2.1% YTD
- consists of 45 constituents
- Read These 44 Gold Analysts Provide Specific Forecast Dates
- 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
- The AdvisorShares Pure U.S. Cannabis ETF (MSOS): DOWN 2.9% MTD; DOWN 23.0% YTD
- consists exclusively of 47 American multi-state operators (MSOs)
- Read July Summary: Largest Cannabis MSOs Declined 4%; Now -23% YTD
- The ProShares Bitcoin Strategy ETF (BITO): DOWN 8.1% MTD; UP 49.6% YTD
- closely aligned with the spot price of the Bitcoin digital token
- Read: An Easy Way To Invest In Bitcoin
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%
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