HMMJ vs. ETP ETF Comparison
Comparison of Horizons Medical Marijuana Life Sci ETF (HMMJ) to First Trust Global Risk Managed Income Index ETF (ETP)
HMMJ
Horizons Medical Marijuana Life Sci ETF
HMMJ Description
To achieve Horizons HMMJ’s investment objectives, Horizons HMMJ invests and holds the equity securities of the Constituent Issuers in substantially the same proportion as its Underlying Index. These securities, which could include ADRs, will be listed on stock exchanges in North America, and will be equity securities of life sciences companies, and other companies, with significant business activities in the marijuana industry. Horizons HMMJ’s Underlying Index is ordinarily rebalanced on a quarterly basis at the close of trading on each Rebalancing Date. The Constituent Issuers of its Underlying Index will be market capitalization-weighted on each Rebalancing Date, subject to a cap for each Constituent Issuer of a maximum of 10% of the net asset value of Horizons HMMJ on each Rebalancing Date, with the remainder of the Constituent Issuers’ weights to be increased proportionately.
Grade (RS Rating)
Last Trade
$10.27
Average Daily Volume
12,825
2
ETP
First Trust Global Risk Managed Income Index ETF
ETP Description
The First Trust ETF seeks to replicate, to the extent possible, the performance of the NASDAQ Global Risk Managed Income⢠Index, net of expenses. The investment strategy of the First Trust ETF is to invest in and hold the Constituent Securities of the Index in the same proportion as they are reflected in the Index or securities intended to replicate the performance of the Index.Grade (RS Rating)
Last Trade
$16.55
Average Daily Volume
1,984
10
Performance
| Period | HMMJ | ETP |
|---|---|---|
| 30 Days | -8.30% | -1.02% |
| 60 Days | 14.11% | 0.30% |
| 90 Days | 16.57% | 1.22% |
| 12 Months | 4.58% | -0.24% |
0 Overlapping Holdings
| Symbol | Grade | Weight in HMMJ | Weight in ETP | Overlap |
|---|
HMMJ: Top Represented Industries & Keywords
ETP: Top Represented Industries & Keywords
Compare ETFs
