HMMJ vs. XTR ETF Comparison
Comparison of Horizons Medical Marijuana Life Sci ETF (HMMJ) to iShares Diversified Monthly Income ETF (XTR)
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
XTR
iShares Diversified Monthly Income ETF
XTR Description
iShares Diversified Monthly Income Fund (the Fund), formerly iShares CDN S&P/TSX Income Trust Index Fund, seeks to provide monthly cash distribution for long-term capital growth by investing primarily in Canadian iShares Funds. The Fund invests in a portfolio that is a diversified representation of income-bearing asset classes, including, but not limited to, common equities, fixed income securities and real estate investment trusts. The Funds asset classes include credit securities, long term maturity fixed income securities, dividend-paying equities and property investments. The Fund is managed by BlackRock Asset Management Canada Limited.Grade (RS Rating)
Last Trade
$11.25
Average Daily Volume
10,094
4
Performance
Period | HMMJ | XTR |
---|---|---|
30 Days | 4.51% | 0.40% |
60 Days | 3.10% | 2.31% |
90 Days | 0.46% | 3.42% |
12 Months | 23.95% | 14.97% |
0 Overlapping Holdings
Symbol | Grade | Weight in HMMJ | Weight in XTR | Overlap |
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HMMJ: Top Represented Industries & Keywords
XTR: Top Represented Industries & Keywords