MJIN ETFMG 2X Daily Inverse Alternative Harvest ETF

Seeks the daily investment results, before fees and expenses, of -200% of the performance of the Prime Alternative Harvest Index.The Index establishes the universe of candidate companies in the Prime Cannabis Ecosystem by performing a search of company descriptions using a market data vendor service. Each component shall be categorized as a Primary or a Secondary Beneficiary of the growth in the cannabis industry. A component company shall be designated as Primary if it discloses that i) it derives at least 50% of its revenues from Cannabis-Focused and Cannabis Biopharma activities or ii) it describes in its business overview or business description of its public filings that it is engaged in any combination of Cannabis-Focused or Cannabis Biopharma activities. All other component companies shall be considered a Secondary Beneficiary. A Primary component is given a weight of 4% in the Index. Secondary components only receive a weight in the Index if there are fewer than 25 Primary components, and they are given weights in the Index using the weight left over after assigning a weight of 4% to each Primary component.

$18.79  -0.66 (-3.39%)
As of 08/12/2022 15:57:23 EST     IEX book   CBOE book


ETF Information
Sponsor:     ETF Managers Group
Category1:  Global Equity
Category2:  Single industry
Category3:  Other
Morningstar category:  
Leverage factor:  -2.00
Inception date:  10/07/2021
Index tracking method: Passive replication
Current yield:  3.85%
Historical average yield:  6.68%
Market cap:  $3,183,465
Average volume:  12,036
Fees:     0.9500%

Index Information
Prime Alternative Harvest Index
Index symbol:  HARVEST
Provider:   Prime Indexes
Index weighting:   Market capitalization
Index inception date:  12/15/2017
Backtesting data exists:   No
Number of holdings:  30

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