MJ

ETFMG Alternative Harvest ETF (MJ) is an exchange-traded fund designed to track the performance of global companies involved in the cannabis industry and related sectors. The ETF is managed by ETFMG (Exchange-Traded Funds Managers Group) and trades under the ticker MJ on NYSE Arca.

Classified as an equity ETF with global exposure to the cannabis sector, MJ seeks to reflect, before fees and expenses, the performance of the companies included in its benchmark index.

The fund follows a passive management strategy, replicating the Prime Alternative Harvest Index, which consists of companies involved in cultivation, production, distribution, biotechnology, and other segments tied to the global cannabis market.

Diversification and sector exposure

MJ provides thematic exposure to the global cannabis industry, including segments such as:

• Cannabis cultivation and production
• Medicinal cannabis
• Recreational cannabis
• Cannabis-related biotechnology
• Distribution and retail
• Sector-related services and supplies

This composition reflects multiple economic segments associated with the global cannabis market.

Structure and costs

MJ shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. MJ may distribute income derived from dividends paid by companies held in the portfolio.

History and evolution of the ETF

The ETFMG Alternative Harvest ETF was launched in 2015, during a period of expanding global interest in the cannabis sector and evolving regulation surrounding medicinal and recreational cannabis markets.

Since inception, the fund has reflected growth, legalization trends, and development within the international cannabis industry.

In recent years, MJ has reflected regulatory changes across multiple jurisdictions, periods of elevated sector volatility, and cycles of expansion and slowdown within the global cannabis market.

Additional Information

ETFMG Alternative Harvest ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $250.68 M.

Over the past 12 months, ETFMG Alternative Harvest ETF recorded a return of 28.38%, with its price trading between $16.62 and $41.83 during the same period.

The ETF is traded under the ticker MJ.