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MJ vs WEED

Amplify Alternative Harvest ETF

MJCNYSE Arca

Roundhill Cannabis ETF

WEEDBCboe

Overlap

Expense ratio

WEED −0.34pt a year

MJ0.75%WEED0.41%

Avg volume · 30D

MJ 2.7×the volume

MJ34.7KWEED13K

3Y return · a year

WEED +4.0pt

MJ−10.8%WEED−6.8%

MJ vs WEED Performance

Oct 31, 2025 – Oct 30, 2026

−32.1%MJ−1.5%WEED

Oct 31, 2025 to Oct 30, 2026. MJ −32.1%. WEED −1.5%. Use the arrow keys to read each point.−20%20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
MJ 0.75%
WEED 0.41%, better
Fund size
MJ $94M
WEED $7M
1Y total return
MJ −32.1%
WEED −1.5%, better
Yield (12M)
MJ 2.74%
WEED No data
Holdings
MJ 11
WEED 8
Avg volume (30D)
MJ 34.7K sh, better
WEED 13K sh
NAV per share
MJ $21.58
WEED $18.78
52W range

ETF.net Grade

MJ: Cost 43, Risk 43, Mission not scored, Tradability 50, Holdings 41, Durability 76. WEED: Cost 85, Risk 33, Mission not scored, Tradability 53, Holdings 30, Durability 45.
Pillar letters and Scores for MJ, WEED, with each pillar’s weight
PillarMJWEED
Cost30% weightC43A85Higher
Mission25% weightNot scoredNot scored
Risk15% weightC43HigherD33
Tradability15% weightC50C53Higher
Holdings10% weightC41HigherD30
Durability5% weightA76HigherC45

Rank among Cannabis funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MJ and WEED are both graded against the same 5 Cannabis funds, so their Grades compare head to head.

Cannabis⁠

Category · 5 funds
See all 5 ›

WEED ranks 1st and MJ 3rd of 5 funds in the Cannabis Category.

  1. Rank 1BWEEDRoundhill Cannabis ETFScore 58
  2. Rank 2DMSOSAdvisorShares Pure US Cannabis ETFScore 49
  3. Rank 3CCNBSAmplify Seymour Cannabis ETFScore 46
  4. Rank 3CMJAmplify Alternative Harvest ETFScore 46
  5. Rank 5CYOLOAdvisorShares Pure Cannabis ETFScore 31

Our read on each fund

ETF.net Research

MJCAmplify Alternative Harvest ETF

WEEDBRoundhill Cannabis ETF

In short

MJ MJ was the first US ETF built for the global cannabis trade, and it still casts the widest net: growers, cannabinoid makers, even tobacco companies, rather than US plant-touchers alone. The original ticker in a niche where most rivals showed up later.

WEED The 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.

Stated mandate

MJ The fund seeks investment results that generally correlate, before fees and expenses, with the total return of the Prime Alternative Harvest Index.

WEED 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

  • MJ The original: the first US ETF to target the global cannabis industry, with a fund history dating to 2015 and a full cycle of sector boom and bust behind it.amplifyetfs.com
  • Casts a wide net. The index reaches cannabis growers, cannabinoid producers and tobacco names worldwide, not just US plant-touching operators.amplifyetfs.comstockanalysis.com
  • Since a 2025 index change, MJ also allocates to sister fund CNBS for its US cannabis exposure, pairing global names with a dedicated US sleeve.amplifyetfs.com
  • WEED 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

  • MJ At 1.12% a year, it costs more than the cannabis cohort median and well above the cheapest rival, WEED at 0.41%.
  • Thinly traded compared with the category's busiest funds, so spreads can be wider and large orders need more care.
  • The tobacco and hemp names riding along make it less of a pure legalization play than plant-touching peers like MSOS.stockanalysis.com
  • WEED 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.

Full MJ profile⁠

Full WEED profile⁠

MJ vs WEED Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MJ vs WEED Cost

Overpaying MJ vs WEED

$6,201

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MJ 0.75%

    $14,482

  • WEED 0.41%

    $8,281

$10,000
30 years

Cost over time

  • MJ 0.75%
  • WEED 0.41%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530MJ $14,482WEED $8,281

Year by year

YearMJWEEDOverpaying
10$1,336$741$595
20$5,078$2,860$2,218
30$14,482$8,281$6,201

Expense ratio

  • 0.75%MJ
  • 0.41%WEED, cheaper
  • Middle half of Cannabis funds
  • Median 0.75%

WEED cheapest of 5 funds

MJ 2nd cheapest of 5 funds

MJ vs WEED Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MJ 2.74%
WEED No data
Payout (12M)
MJ $0.59
WEED None
Last payment
MJ $0.59
WEED No data
Ex-dividend
MJ Dec 30, 2025
WEED No data
Paid on
MJ Dec 31, 2025
WEED No data
Frequency
MJ Annual
WEED No data

Distribution history

Per share, 2017 to 2026, same scale for both

MJAnnual · 33 paymentsAll MJ payments⁠
One bar per payment. 33 payments from 2017 to 2026 YTD. Jan 24, 2017 $0.84; Feb 21, 2017 $0.60; Jul 20, 2017 $0.48; Aug 22, 2017 $0.60; Nov 21, 2017 $6.42; Dec 26, 2017 $2.90; Mar 20, 2018 $0.54; Jun 19, 2018 $0.84; Sep 25, 2018 $0.60; Dec 24, 2018 $4.68; Mar 26, 2019 $1.44; Jun 28, 2019 $2.16; Sep 20, 2019 $3.36; Dec 30, 2019 $3.84; Mar 17, 2020 $1.20; Jun 15, 2020 $3.36; Sep 15, 2020 $2.16; Dec 14, 2020 $1.20; Mar 23, 2021 $0.24; Jun 22, 2021 $0.72; Sep 21, 2021 $0.72; Dec 28, 2021 $0.89; Jun 22, 2022 $0.84; Sep 21, 2022 $0.48; Dec 28, 2022 $0.79; Jun 21, 2023 $0.36; Sep 20, 2023 $0.36; Dec 27, 2023 $0.67; Mar 26, 2024 $0.67; Jun 27, 2024 $2.04; Sep 27, 2024 $0.72; Dec 30, 2024 $0.29; Dec 30, 2025 $0.59. Use the arrow keys to read each point.$0$52017202020232026YTD
WEEDAll WEED payments⁠

No distribution history available.

MJ vs WEED Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MJ 65.0%, betterWEED 86.8%
Return per unit of riskSharpe ratio, 3 years
MJ 0.02WEED 0.21, better
Worst fallMax drawdown, 5 years
MJ −89.6%WEED −88.1%since Apr 2022
Market sensitivityBeta, 5 years
MJ 0.82WEED 1.05

MJ and WEED in the news

All news⁠

Popular comparisons

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