POTX Performance — Global X Cannabis ETF
Data updated: 2024-02-13
POTX returned −62.19% over one year to Nov 2023. The annualised 3-year return is −56.28%. The fund trailed its Thematic Equity category average: $100 invested three years ago grew to $8, against $107 for the category, and to $38 over one year, against $111. Volatility over the past three years was 50.70% a year. In the 12 months to Nov 2023 the fund took in a net $16.0M, and assets reached $27.99M.
POTX Growth of $100
What $100 invested in Global X Cannabis ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Thematic Equity category average over the same months.
| Period | POTX | Category average |
|---|---|---|
| 1 year (Dec 2022 – Nov 2023) | $38 | $111 |
| 3 years (Dec 2020 – Nov 2023) | $8 | $107 |
| Since data start (Sep 2019 – Nov 2023) | $5 | $147 |
POTX Trailing Returns
Total returns to Nov 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −62.19% |
| 3 years (annualised) | −56.28% |
POTX Annual Returns
Calendar-year total returns of Global X Cannabis ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Nov) | −55.78% |
| 2022 | −68.62% |
| 2021 | −47.76% |
| 2020 | +19.63% |
| 2019 (Sep–Dec) | −40.84% |
POTX 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 | +13.2% | −25.3% | −11.9% | −9.2% | −15.7% | +3.6% | +13.5% | −10.3% | +1.3% | −19.6% | −9.7% | — |
| 2022 | −12.3% | −17.1% | −15.0% | −26.2% | +8.0% | −1.2% | +9.3% | −21.9% | −7.3% | +18.2% | −19.3% | −14.5% |
| 2021 | +46.2% | −17.0% | +3.6% | −7.2% | −4.2% | −9.4% | −16.0% | −9.8% | −14.3% | −5.7% | −14.5% | −1.6% |
| 2020 | −4.2% | −1.1% | +22.8% | +6.1% | −21.3% | −5.8% | −0.2% | −10.1% | +58.8% | +4.8% | −24.2% | +15.3% |
| 2019 | — | — | — | — | — | — | — | — | −14.5% | −13.5% | 0.0% | −20.0% |
POTX Risk
Risk measures from monthly returns over Dec 2020 – Nov 2023.
- 3-year volatility (annualised): 50.70%
- 3-year Sharpe ratio: -1.20 (vs 4.5% risk-free rate)
- Best month: +46.25% (Jan 2021)
- Worst month: −26.15% (Apr 2022)
POTX Fund Flows
Monthly money in and out of Global X Cannabis ETF, from SEC Form N-PORT.
- 12-month net flow: $16.0M
- 12-month gross sales (incl. reinvestments): $14.5M
- Sales ÷ redemptions: -9.32×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2023 | $3.0M | $0 | $3.0M |
| Oct 2023 | $0 | $0 | $0 |
| Sep 2023 | $0 | −$647K | $647K |
| Aug 2023 | $3.0M | $0 | $3.0M |
| Jul 2023 | $315K | $0 | $315K |
| Jun 2023 | $728K | $0 | $728K |
| May 2023 | $0 | $0 | $0 |
| Apr 2023 | $0 | −$361K | $361K |
| Mar 2023 | −$590K | $0 | −$590K |
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $4.4M | $0 | $4.4M |
| Dec 2022 | $3.7M | −$544K | $4.2M |
POTX Assets Under Management
Net assets of Global X Cannabis ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-11-30 | $27.99M |
| 2023-08-31 | $36.16M |
| 2023-05-31 | $31.14M |
| 2023-02-28 | $46.62M |
| 2022-11-30 | $55.90M |
| 2022-08-31 | $28.13M |
| 2022-05-31 | $60.70M |
| 2022-02-28 | $82.12M |
| 2021-11-30 | $105.54M |
| 2021-08-31 | $147.31M |
| 2021-05-31 | $205.16M |
| 2021-02-28 | $219.46M |
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.