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CNBS

GradeDNew York Stock Exchange Arca

Amplify Seymour Cannabis ETF

Themes · Amplify · Inception 2019-07-23 · SEC filings

$31.00+0.71 (+2.36%)

As of Sep 23, 2026, 2:24 PM EDT

Intraday session: up, 48 prints from 30.29 to 31.00. Range 30.14 to 31.00. Use the arrow keys to read each point.$30.20$30.40$30.60$30.8010 AM12 PM2 PM4 PM
Expense ratio
1.09%
Fund size
$83M
1Y return
+12.6%
Yield · Last 12 months
0.00%
Holdings
33
Volume · 30D
0M sh
NAV per share
$30.50
52W range
low $18.43high $43.94

The ETF.net CNBS Grade

D

37/ 100

Rank 4 of 5 in Cannabis⁠

Confidence Low

Six-pillar profile for CNBS. Scores out of 100: Cost 26, Risk 41, Mission not scored, Tradability 50, Holdings not scored, Durability 61. Strongest: Durability (61). Weakest: Cost (26). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 26
    Category rank4/5 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 41
    Category rank3/5 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 50
    Category rank3/5 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 61
    Category rank2/5 · top 40%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on CNBS

ETF.net Research

DCannabis, undiluted. CNBS runs a roughly 30-stock portfolio built on a purity test: holdings must earn at least half their revenue from the cannabis and hemp ecosystem. Trading since 2019, it's a concentrated take on the theme, not a broad basket.

Stated mandate

The Fund seeks capital appreciation by investing in equity securities of companies engaged in cannabis and hemp-related activities. At least 80% of net assets is invested in companies deriving at least half of their revenue from the cannabis and hemp ecosystem.

Why people hold it

  1. 01The purity rule is the whole point: at least 80% of assets go to companies earning half or more of their revenue from cannabis and hemp, so conglomerates with a side bet in the plant don't qualify.
  2. 02About 30 names, which means each position actually moves the fund. A concentrated expression of the theme instead of a diluted sector sweep.
  3. 03A plain 1940 Act fund operating since 2019: familiar ETF plumbing and 1099 tax reporting rather than a partnership K-1.

Worth knowing

  1. 01The 1.09% expense ratio sits above the cannabis-fund median, and well above cheaper shelf-mates like WEED at 0.41% and MSOS at 0.81%. You're paying up in this aisle.
  2. 02It trades lighter than the category's most active funds, so bid-ask spreads can be wider and size can push the price around.
  3. 03The mandate is capital appreciation. Income isn't part of the design, and the fund has not been making distributions.

CNBS Holdings

As of Sep 20, 2026, 5:09 AM
Asset class
Stocks
Holdings
33
Top-10 weight
136%
Largest holding
912797VP934.4%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001912797VP9United States Treasury Bill 11/03/202634.39%26,831,000$27M13
002912797VG9United States Treasury Bill 12/10/202623.06%18,070,000$18M57
003CURA.TOCuraleaf Holdings Inc15.98%1,184,846$12M4
004TRLVTrulieve Cannabis Corp13.75%964,758$11M5
00539342L108 TRS 031528GREEN THUMB INDS INC SWAP NBC-L13.54%1,440,249$11M1
00689790E106 TRS 031528TRULIEVE CANNABIS CORP SWAP NBC-L10.69%750,259$8M1
00792339H200 TRS 031528VERANO HLDGS CORP SWAP NBC-L7.44%959,883$6M1
008377130406 TRS 031528GLASS HOUSE BRANDS INC SWAP NBC-L6.28%612,437$5M1
00922587M106 TRS 031528CRESCO LABS INC SWAP NBC-L6.08%6,292,675$5M1
01023126M300 TRS 031528CURALEAF HLDGS SWAP NBC-L4.85%359,567$4M1
01188105E108 TRS 031528TERRASCEND CORP SWAP NBC-L4.54%5,391,061$4M1
012IIPRInnovative Industrial Properties Inc2.73%38,099$2M107
01389790E106 TRS 082727TRULIEVE CANNABIS SWAP_R2.20%154,683$2M1
01448214U104 TRS 031528JUSHI HLDGS INC SWAP NBC-L2.14%2,603,144$2M1
01592767B204 TRS 031528VIREO GROWTH INC SWAP NBC-L1.65%111,317$1M1

Showing 1–15 of 36 holdings

CNBS Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CNBS$11,256
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. CNBS $11,256. SPY $11,723. Use the arrow keys to read each point.$6,219$10,920$15,621Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CNBS. Periods over one year show the average yearly return.
PeriodCNBS
Year to date+6.8%
1 month+6.1%
3 months+11.0%
1 year+12.6%
3 years−8.3%per year
5 years−28.3%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CNBS
YearReturn barCNBS
2026 YTD+6.8%
2025+15.3%
2024−29.1%
2023−16.1%
2022−64.0%
2021−19.0%
2020+32.0%

CNBS in the news

CNBS Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2024

One bar per payment. 4 payments from 2019 to 2024. Dec 30, 2019 $0.92; Dec 29, 2020 $1.21; Dec 29, 2021 $0.0019; Dec 30, 2024 $10.71. Use the arrow keys to read each point.201920202021202220232024
Ex-datePay dateAmount per share
Dec 30, 2024Dec 31, 2024$10.71
Dec 29, 2021Dec 31, 2021$0.0019
Dec 29, 2020Dec 31, 2020$1.21
Dec 30, 2019Jan 2, 2020$0.92

CNBS Risk

How much the fund’s monthly returns vary, scaled to a year.
75.5%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.11
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−91.5%
Trough Jun 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.92
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CNBS Cost

Expense ratio1.09%
  • The middle half of Cannabis funds
  • Median 0.91%

3 of the 5 Cannabis funds charge less.

CNBS costs $109.00 a year on $10,000. The median Cannabis fund costs $91.00.