HMMJ vs. QHY ETF Comparison
Comparison of Horizons Medical Marijuana Life Sci ETF (HMMJ) to Mackenzie US High Yld Bnd Idx CAD Hgd (QHY)
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
$10.43
Average Daily Volume
8,756
3
QHY
Mackenzie US High Yld Bnd Idx CAD Hgd
QHY Description
Mackenzie US High Yield Bond Index ETF (CAD-Hedged) seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive USD High Yield Corporates Total Market Hedged to CAD Index, or any successor thereto. It invests primarily in high yield rated corporate bonds issued in U.S. dollars, either directly or indirectly, with its foreign currency hedged back to the Canadian dollar.Grade (RS Rating)
Last Trade
$82.92
Average Daily Volume
365
1
Performance
Period | HMMJ | QHY |
---|---|---|
30 Days | 4.51% | -2.67% |
60 Days | 3.10% | -1.20% |
90 Days | 0.46% | 0.10% |
12 Months | 23.95% | 3.89% |
0 Overlapping Holdings
Symbol | Grade | Weight in HMMJ | Weight in QHY | Overlap |
---|
HMMJ Underweight 1 Positions Relative to QHY
Symbol | Grade | Weight | |
---|---|---|---|
BHC | A | -0.98% |
HMMJ: Top Represented Industries & Keywords
QHY: Top Represented Industries & Keywords