Data as of .
CNBS vs WEED: which is really different?
CNBS and WEED hold 16% of their weight in the same names, and WEED returned more over the year.
ETFIQ Off-Index Score: CNBS scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
16% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, CNBS and WEED hold 16% of their money in the same securities at the same weight.
| Holding | CNBS | WEED |
|---|---|---|
| Curaleaf Holdings Inc | 15.98% | 28.62% |
| Only in CNBS | Only in WEED |
|---|---|
| United States Treasury Bill 11/03/2026 34.38% | TREASURY BILL 71.38% |
| United States Treasury Bill 12/10/2026 23.06% | |
| Trulieve Cannabis Corp 13.75% | |
| GREEN THUMB INDS INC 13.53% | |
| TRULIEVE CANNABIS CORP 10.69% | |
| VERANO HLDGS CORP 7.44% | |
| GLASS HOUSE BRANDS INC 6.28% | |
| CRESCO LABS INC 6.08% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| CNBS | WEED | CNBS | WEED | CNBS | WEED | |
| 3 months | −2.6% | +2.9% | −4.9 pts | +0.7 pts | −0.2 pts | +5.4 pts |
| 6 months | +27.4% | +41.9% | +9.4 pts | +23.9 pts | +3.2 pts | +17.7 pts |
| 1 year | +1.4% | +14.4% | −15.2 pts | −2.2 pts | −20.4 pts | −7.4 pts |
| 3 years | −31.2% | −34.5% | −109.6 pts | −113.0 pts | −129.3 pts | −132.7 pts |
| Since launch | −85.5% | −70.8% | −267.6 pts | −152.7 pts | −374.4 pts | −187.8 pts |
| CNBS Amplify Seymour Cannabis ETF Holds 39 stocks in cannabis, 0% of its weight in S&P 500 companies | WEED Roundhill Cannabis ETF Holds 2 stocks in cannabis, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Amplify | Roundhill |
| Theme | Cannabis | Cannabis |
| In the S&P 500 | 0.0% | 0.0% |
| Active share vs the S&P 500 | 100.0% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 39 | 2 |
| Top ten, share of the fund | 136.0% | 100.0% |
| Expense ratio | 0.76% | 0.41% |
| Fee for the differing part | 0.76% | 0.41% |
| Total return, 1 year | +1.4% | +14.4% |
| vs the S&P 500 | −15.2 pts | −2.2 pts |
| vs the Nasdaq-100 | −20.4 pts | −7.4 pts |
| Below its high | −91.3% | −70.8% |
| Net assets | $78m | $8m |
CNBS in plain words
By weight, 0% of CNBS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 136% of the fund across 39 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +1.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 15.2 pts. It sits 91.3% below its all-time high of Feb 10, 2021.
WEED in plain words
By weight, 0% of WEED's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 2 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +14.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 2.2 pts. It sits 70.8% below its all-time high of Apr 20, 2022.
Questions people ask
- Do CNBS and WEED hold the same stocks?
- By their latest filings, 16% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, CNBS or WEED?
- CNBS has 0% of its weight in S&P 500 names and WEED has 0%, so CNBS differs more from the index.
- Which is cheaper, CNBS or WEED?
- CNBS charges 0.76% a year and WEED charges 0.41%, so WEED is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CNBS against WEED, data as of Sep 18, 2026. https://etfiq.com/compare/themes/cnbs-vs-weed Free to use with attribution; the underlying files are at Open data.