Global X Cannabis ETF (POTX)
| Assets | $55.03M |
| NAV | $18.59 |
| Expense Ratio | 0.50% |
| PE Ratio | -7.16 |
| Shares Out | 2.96M |
| Dividend (ttm) | $1.24 |
| Dividend Yield | 6.46% |
| Ex-Dividend Date | Jun 29, 2022 |
| 1-Year Return | -71.48% |
| Volume | 15,442 |
| Open | 18.89 |
| Previous Close | 18.59 |
| Day's Range | 18.47 - 19.44 |
| 52-Week Low | 15.43 |
| 52-Week High | 66.60 |
| Beta | 1.50 |
| Holdings | 24 |
| Inception Date | Sep 17, 2019 |
About POTX
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are active in the cannabis industry (collectively, Cannabis Companies), as defined by Solactive AG, the provider of the underlying index (index provider). The fund is non-diversified.
Top 10 Holdings
67.76% of assets| Name | Symbol | Weight |
|---|---|---|
| CRONOS GROUP INC | CRON.TO | 9.86% |
| MyMD Pharmaceuticals | MYMD | 8.08% |
| ORGANIGRAM HOLDINGS INC | OGI.TO | 7.91% |
| Tilray | TLRY | 7.91% |
| AFC Gamma | AFCG | 6.36% |
| Intercure | INCR | 6.21% |
| Sundial Growers | SNDL | 5.92% |
| Aurora Cannabis | ACB | 5.37% |
| CANOPY GROWTH CORP | WEED.TO | 5.08% |
| Grove | GRVI | 5.06% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2022 | $0.32348 | Jul 8, 2022 |
| Dec 30, 2021 | $0.9154 | Jan 7, 2022 |
| Jun 29, 2021 | $0.5797 | Jul 8, 2021 |
| Dec 30, 2020 | $0.8715 | Jan 8, 2021 |
| Jun 29, 2020 | $2.377 | Jul 8, 2020 |
| Dec 30, 2019 | $1.2892 | Jan 8, 2020 |
News
Global X ETFs Announces ETF Reverse Stock Split of POTX
NEW YORK , May 20, 2022 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced a reverse split of the Global X Cannabis ETF (POTX) ("the Fund"). Effe...
Cannabis ETFs Set to Soar on Passage of Legalization Bill
Cannabis stocks are poised to surge further especially following the legislation passed by the House to legalize marijuana nationwide.
Cannabis ETFs Soar Last Week
Cannabis ETFs have topped the list of best performing ETFs last week on hopes of federal legalization vote.
Cannabis ETFs Have Been Making a Quiet Comeback
Cannabis stocks and sector-related exchange traded funds are blazing. Among the better-performing non-leveraged ETFs of Thursday, the ETFMG Alternative Harvest ETF (NYSEArca: MJ) advanced 0.1%, the Camb...
Cannabis stocks in 2022: Top trends for investors to watch
Amplify Seymour Cannabis ETF (CNBS) portfolio manager Tim Seymour walks investors through the top trends to watch in the marijuana space in 2022 and beyond.
5 developments that cannabis investors did not expect in 2021
2021 has been an interesting year for cannabis investors with lots of positive and negative news. According to New Cannabis Ventures, following were the five developments that cannabis investors hadn't ...
Global X Cannabis ETF hits lowest point since March 2020
The Global X Cannabis ETF POTX, -1.55% fell 1.6% to $7.16 in afternoon trades Wednesday to its lowest point since 2020. The ETF debuted near $24 in 2019 and closed at a low of $6.74 on March 18, 2020.
Cannabis ETFs Soar on Republican-Led Legalization Bill
Cannabis ETFs have gained momentum lately following the reports of a Republican-led bill, which is seeking to legalize marijuana at the federal level in the United States.
Marijuana Secures Top-Performing ETF Spot Last Week
Wall Street was downbeat last week as a strong rally in the main indexes paused due to a high inflation.
Cannabis ETFs Soar on Republic-Led Legalization Bill
Cannabis ETFs have gained momentum lately following the reports of a Republican-led bill, which is seeking to legalize marijuana at the federal level in the United States.
5 ETFs Under $20 to Buy for Outperformance
These low-priced ETFs could lead to huge gains in the coming months based on encouraging market trends.
Avant Brands Joins NASDAQ-Listed Cannabis ETF
Kelowna, BC, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Avant Brands Inc (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BUP) (“Avant”), a leading producer of handcrafted, high quality cannabis products, announces that it has...
An ETF to Play as Cannabis Industry Projected to Surpass $30 Billion in 2022
It's not secret in the capital markets that the cannabis industry is experiencing exponential growth, but if you're still wary of its potential, maybe $30 billion by next year might convince you. “Recen...
5 ETFs Under $20 Set to Outperform
The low-priced ETFs could be attractive as these will enable them to buy more shares instead of just a handful of higher-priced shares for the same amount.
Pot ETFs Looking Less and Less Like Smoke-and-Mirrors Plays
The cannabis industry has become a relatively steady performer in the capital markets with more years under its belt. The sector is proving it's not a thematic smoke-and-mirrors play with strong outperf...
Lara Crigger on the Changing Cannabis ETF Landscape
Marijuana- and cannabis-related exchange traded funds have come a long way from a smaller niche plays, attracting billions of dollars as the sentiment and regulatory environment surrounding the idea of ...
3 Pharmaceutical ETFs That Could Be Due For A Rebound
These three pharmaceutical ETFs have dropped to support, which means they may be about to rebound. Support is a large concentration of buyers who have gathered around the same price level.
Top cannabis ETF manager on key industry trends to watch
Tim Seymour of Seymour Asset Management, Christian Magoon of Amplify ETFs and Matt Hougan of Bitwise Asset Management discuss 2021's cannabis craze with CNBC's Bob Pisani.
Best Performing ETFs of Q1 2021
We highlight top performing ETF areas of the first quarter