HMMJ vs. VMO ETF Comparison
Comparison of Horizons Medical Marijuana Life Sci ETF (HMMJ) to Vanguard Global Momentum Factor ETF (VMO)
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
$10.00
Average Daily Volume
10,933
3
VMO
Vanguard Global Momentum Factor ETF
VMO Description
The Vanguard Global Momentum Factor ETF seeks to provide long-term capital appreciation by aiming to capture potential excess return by investing in equity securities from developed markets across the world which have achieved strong recent performance.Grade (RS Rating)
Last Trade
$64.95
Average Daily Volume
2,826
1
Performance
Period | HMMJ | VMO |
---|---|---|
30 Days | -2.63% | 3.66% |
60 Days | -1.44% | 11.04% |
90 Days | -5.21% | 10.07% |
12 Months | 16.81% | 40.83% |
0 Overlapping Holdings
Symbol | Grade | Weight in HMMJ | Weight in VMO | Overlap |
---|
HMMJ Underweight 1 Positions Relative to VMO
Symbol | Grade | Weight | |
---|---|---|---|
MG | C | -0.66% |
HMMJ: Top Represented Industries & Keywords
VMO: Top Represented Industries & Keywords