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Data as of .

MJ vs WEED: which is really different?

MJ and WEED hold 0% of their weight in the same names, and WEED returned more over the year.

Amplify Alternative Harvest ETF and Roundhill Cannabis ETF.

0.0%MJ in the S&P 500
0.0%WEED in the S&P 500
−19.2%MJ total return, 1 year
+14.4%WEED total return, 1 year

ETFIQ Off-Index Score: MJ scores higher

How much of it is not the index it is sold as an alternative to?

MJ 91.8WEED 91.80.1, the lowest in this set91.8, the highest

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

MJ100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund · 11 holdings filed Sep 21, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund
WEED100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund · 2 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, MJ and WEED hold 0% of their money in the same securities at the same weight.

Only in each
Only in MJOnly in WEED
Amplify Seymour Cannabis ETF 50.44%TREASURY BILL 71.38%
Cronos Group Inc 10.22%Curaleaf Holdings Inc 28.62%
Tilray Brands Inc 9.87%
Canopy Growth Corp 7.35%
SNDL Inc 5.98%
Village Farms International Inc 5.68%
Aurora Cannabis Inc 4.35%
High Tide Inc 3.68%

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

MJ and WEED over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
MJWEEDMJWEEDMJWEED
3 months+3.5%+2.9%+1.3 pts+0.7 pts+6.0 pts+5.4 pts
6 months+14.7%+41.9%−3.3 pts+23.9 pts−9.5 pts+17.7 pts
1 year−19.2%+14.4%−35.8 pts−2.2 pts−41.0 pts−7.4 pts
3 years−38.8%−34.5%−117.2 pts−113.0 pts−136.9 pts−132.7 pts
Since launch−92.5%−70.8%−317.6 pts−152.7 pts−468.8 pts−187.8 pts
Open the live comparison on ETFIQ
MJ and WEED on the same fields, as of Sep 18, 2026. Source: ETFIQ.
MJ
Amplify Alternative Harvest ETF
Holds 11 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
IssuerAmplifyRoundhill
ThemeCannabisCannabis
In the S&P 5000.0%0.0%
Active share vs the S&P 500100.0%100.0%
In the Nasdaq-1000.0%0.0%
Holdings112
Top ten, share of the fund100.0%100.0%
Expense ratio0.75%0.41%
Fee for the differing part0.75%0.41%
Total return, 1 year−19.2%+14.4%
vs the S&P 500−35.8 pts−2.2 pts
vs the Nasdaq-100−41.0 pts−7.4 pts
Below its high−94.4%−70.8%
Net assets$108m$8m

MJ in plain words

By weight, 0% of MJ'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 11 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned −19.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 35.8 pts. It sits 94.4% below its all-time high of Sep 20, 2018.

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 MJ and WEED hold the same stocks?
By their latest filings, 0% 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, MJ or WEED?
MJ has 0% of its weight in S&P 500 names and WEED has 0%, so MJ differs more from the index.
Which is cheaper, MJ or WEED?
MJ charges 0.75% 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.

MJ against WEED, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, MJ against WEED, data as of Sep 18, 2026. https://etfiq.com/compare/themes/mj-vs-weed Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources