MJ Performance — ETFMG Alternative Harvest ETF
Data updated: 2024-02-28
MJ returned −21.49% over one year to Dec 2023. The annualised 3-year return is −37.35%. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $25, against $116 for the category, and to $79 over one year, against $115. Volatility over the past three years was 43.61% a year. In the 12 months to Dec 2023 the fund took in a net $20.4M, and assets reached $223.07M.
MJ Growth of $100
What $100 invested in ETFMG Alternative Harvest ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | MJ | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $79 | $115 |
| 3 years (Jan 2021 – Dec 2023) | $25 | $116 |
| Since data start (Jul 2019 – Dec 2023) | $12 | $144 |
MJ Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −21.49% |
| 3 years (annualised) | −37.35% |
MJ Annual Returns
Calendar-year total returns of ETFMG Alternative Harvest ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | −21.49% |
| 2022 | −60.18% |
| 2021 | −21.35% |
| 2020 | −11.43% |
| 2019 (Jul–Dec) | −44.38% |
MJ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +7.5% | −10.8% | −14.6% | −5.6% | −8.5% | −0.9% | +11.0% | +7.7% | +3.2% | −21.4% | +8.9% | +5.9% |
| 2022 | −9.7% | −4.0% | +7.5% | −20.9% | −11.3% | −18.9% | +1.2% | +0.2% | −21.0% | +19.9% | +3.9% | −24.7% |
| 2021 | +33.1% | +18.0% | +1.4% | −6.1% | +0.6% | −4.0% | −12.6% | −7.2% | −13.5% | −6.3% | −10.2% | −7.7% |
| 2020 | −2.7% | −15.7% | −18.8% | +7.0% | +13.9% | −4.6% | +1.2% | −3.0% | −16.2% | +3.1% | +47.8% | −8.7% |
| 2019 | — | — | — | — | — | — | −11.7% | −13.9% | −12.4% | −6.7% | −11.2% | +0.8% |
MJ Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 43.61%
- 3-year Sharpe ratio: -0.96 (vs 4.5% risk-free rate)
- Best month: +33.08% (Jan 2021)
- Worst month: −24.69% (Dec 2022)
MJ Fund Flows
Monthly money in and out of ETFMG Alternative Harvest ETF, from SEC Form N-PORT.
- 12-month net flow: $20.4M
- 12-month gross sales (incl. reinvestments): $6.1M
- Sales ÷ redemptions: -0.42×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $0 | $0 | $0 |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $0 | −$6.8M | $6.8M |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $2.5M | $0 | $2.5M |
| Jul 2023 | $0 | $0 | $0 |
| Jun 2023 | $1.5M | $0 | $1.5M |
| May 2023 | $2.1M | $0 | $2.1M |
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $0 | $0 | $0 |
| Feb 2023 | $0 | −$3.5M | $3.5M |
| Jan 2023 | $0 | −$4.0M | $4.0M |
MJ Assets Under Management
Net assets of ETFMG Alternative Harvest ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $223.07M |
| 2023-09-30 | $259.59M |
| 2023-06-30 | $209.48M |
| 2023-03-31 | $242.93M |
| 2022-12-31 | $303.76M |
| 2022-09-30 | $324.70M |
| 2022-06-30 | $386.32M |
| 2022-03-31 | $718.34M |
| 2021-12-31 | $809.76M |
| 2021-09-30 | $1.07B |
| 2021-06-30 | $1.61B |
| 2021-03-31 | $1.81B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.