Roundhill Investments - Cannabis ETF
$19.17−0.55 (−2.78%)
- 0.41%
- $7M
- −5.5%
- 0M sh
- $20.14
- low $12.71high $31.05
The ETF.net WEED Grade
B
Score 59 out of 100
- 1 of 5
Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A85 out of 100Rank 1 of 5Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D35 out of 100Rank 4 of 5Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 2 of 5Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D36 out of 100Rank 4 of 4Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 4 of 5
Our read on WEED
BThe cannabis fund that launched on 4/20 and undercuts its whole category on fee: 0.41% a year against a cohort median of 0.91%. Exposure to US multi-state operators runs mostly through total return swaps, not direct share ownership.
The Fund seeks capital growth through investments primarily in exchange-listed equity securities and total return swaps that provide exposure to the cannabis and hemp ecosystem.
Why people hold it
- Cheapest ticket in the cannabis aisle at 0.41% a year, well under the 0.91% cohort median.roundhillinvestments.com
- Reaches US plant-touching operators through total return swaps instead of direct shares, pledging cash and cash equivalents as collateral behind them.roundhillinvestments.com
- Actively managed and pointed at a short list of leading US multi-state operators rather than a sprawl of ancillary picks-and-shovels names.roundhillinvestments.com
- Listed options trade on it, which is uncommon for a fund this small.roundhillinvestments.com
Worth knowing
- Small and thinly traded, so spreads and market impact can eat more than the low fee saves.
- Swaps bring counterparty risk, and a meaningful slice of the portfolio sits in cash-like collateral rather than in stocks.roundhillinvestments.com
- Concentrated, capital-growth mandate with no income component, in a theme that swings hard on regulatory news.
WEED Holdings
- Stocks
- 8
- 181%
- 912797VA2
Sectors
- Health Care60.0%
- Consumer Staples17.3%
- Real Estate16.3%
- Technology6.3%
Geography
- United States100.00%
WEED Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
WEED$9,447
Returns run to the Oct 12, 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.
| Period | WEED |
|---|---|
| Year to date | −1.0% |
| 1 month | −8.5% |
| 3 months | +0.4% |
| 1 year | −5.5% |
| 3 years | −12.1% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | WEED |
|---|---|---|
| 2026 YTD | −1.0% | |
| 2025 | +19.4% | |
| 2024 | −44.9% | |
| 2023 | +0.9% | |
| 2022 | −60.2% |
WEED in the news
WEED Dividends
No distributions in the last 12 months.
WEED Risk
- 88.5%
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.
- 0.14
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.
- −88.1%
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.
- 1.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WEED Cost
0.41%
WEED0.41%
- The middle half of Cannabis funds
- Median 0.91%
No Cannabis fund charges less.
Other funds in Cannabis
- CMSOSAdvisorShares Pure US Cannabis ETFExpense ratio 0.81%1 year return −15.7%
- CYOLOAdvisorShares Pure Cannabis ETFExpense ratio 0.91%1 year return −22.3%
- DCNBSAmplify Seymour Cannabis ETFExpense ratio 1.09%1 year return −18.0%
- DMJAmplify Alternative Harvest ETFExpense ratio 1.12%1 year return −36.6%