Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / POTX - The best performing cannabis ETF of 2020 is powered by a REIT


POTX - The best performing cannabis ETF of 2020 is powered by a REIT

2020 has not been a good year for marijuana stocks and their ETFs. Since a slew of new pot ETFs were launched, most have struggled.The six cannabis ETFs to watch are the ETFMG Alternative Harvest ETF (MJ), the AdvisorShares Pure Cannabis ETF (YOLO), the Global X Cannabis ETF (POTX), the Spinnaker Cannabis ETF (THCX), and the Cambria ETF Trust Cannabis ETF (TOKE).Here's a comparison of these cannabis ETFs.Only one of them has more than $100M of assets under management -- the ETFMG Alternative Harvest ETF (MJ), with $531M under management. The AdvisorShares Pure Cannabis ETF (YOLO) is a distant second, with $62M under management.The cannabis ETFs' performance this year has been broadly abysmal. Every single one of them is down year to date, with the carnage generally ranging between 23% and 46%.The exception is the AdvisorShares Pure Cannabis ETF (YOLO), down only 1.2% year to date.What explains its outstanding comparative performance?If you check

For further details see:

The best performing cannabis ETF of 2020 is powered by a REIT
Stock Information

Company Name: Global X Cannabis ETF
Stock Symbol: POTX
Market: NYSE

Menu

POTX POTX Quote POTX Short POTX News POTX Articles POTX Message Board
Get POTX Alerts

News, Short Squeeze, Breakout and More Instantly...