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ETFMG Daily Alternative Harvest 2X ETF (MJXL)

ETFMG Daily Alternative Harvest 2X ETF (MJXL)

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Overview

Name ETFMG 2x Daily Alternative Harvest ETF
Fund Family ETF Managers Group
Underlying Index Prime Alternative Harvest Index
Inception Date 07/06/21
First Trade Date 07/07/21
Leverage Double-Long
Asset Class Equity

Description:

The ETFMG 2x Daily Alternative Harvest ETF seeks the daily investment results, before fees and expenses, of 200% of the performance of the Prime Alternative Harvest Index, designed to give exposure to companies within the global cannabis ecosystem bene%uFB01tting from medicinal and recreational cannabis legalization initiatives.

Investment Information

Alpha 0.00
60-Month Beta 3.50
Standard Deviation +0.90
Shares Outstanding, K 640.00
Managed Assets, $K 501.50 K
Net Asset Value 0.78
First Trade Price 10.00
P/E Ratio 0.00
Management Fee 0.95%
Options Yes
Annual Dividend 0.00
Annual Dividend Yield 0.00%
1-Year Return -88.55%
3-Year Return 0.00%
5-Year Return 0.00%
Management Expense Ratio 0.95%
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