THCX - The Cannabis ETF
Assets | $157.80M |
NAV | $17.83 |
Expense Ratio | 0.70% |
PE Ratio | n/a |
Beta (5Y) | 1.84 |
Dividend (ttm) | $0.45 |
Dividend Yield | 2.51% |
Ex-Dividend Date | Dec 29, 2020 |
1-Year Return | - |
Trading Day | April 16 |
Last Price | $17.86 |
Previous Close | $17.80 |
Change ($) | 0.06 |
Change (%) | 0.34% |
Day's Open | 17.80 |
Day's Range | 17.45 - 17.90 |
Day's Volume | 155,909 |
52-Week Range | 7.41 - 30.99 |
Fund Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Innovation Labs Cannabis Index. The fund will invest at least 80% of its total assets in the component securities of the index. It will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in exchange listed common stock (or corresponding American Depositary Receipts (ADRs) of Cannabis Companies. The index is a proprietary, rules-based index designed to track the performance of a portfolio of Cannabis Companies. The fund is non-diversified.
Asset Class Equity | Inception Date Jul 9, 2019 |
Exchange NYSEARCA | Ticker Symbol THCX |
Index Tracked Innovation Labs Cannabis
Index |
Top 10 Holdings
52.18% of assetsName | Symbol | Weight |
---|---|---|
Aphria Inc | APHA.TO | 7.56% |
Village Farms International Inc | VFF.TO | 6.00% |
GrowGeneration | GRWG | 5.73% |
Canopy Growth Corp | WEED.TO | 5.65% |
OrganiGram Holdings Inc | OGI.TO | 5.55% |
Amyris | AMRS | 5.54% |
Cronos Group Inc | CRON.TO | 5.04% |
RIV Capital Inc Ordinary Shares (Sub Voting) | RIV.TO | 3.88% |
Fire & Flower Holdings Corp Ordinary Shares | FAF.TO | 3.78% |
Hydrofarm | HYFM | 3.45% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 29, 2020 | $0.048 | Jan 4, 2021 |
Sep 18, 2020 | $0.15 | Sep 22, 2020 |
Jun 19, 2020 | $0.25 | Jun 23, 2020 |
Dec 30, 2019 | $0.418 | Jan 2, 2020 |
Top cannabis ETF manager on key industry trends to watch
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The Cannabis ETF Index Provider to Become CFN Media's Exclusive ETF PartnerWhitefish, Montana--(Newsfile Corp. - November 30, 2020) - CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media,...
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Investors who are interested in the recent developments across the cannabis industry can consider a pure-play ETF solution for diversified exposure to this nascent global market.
The cannabis industry is just beginning to germinate.