Is there a cannabis ETF?
Yes.
ETFIQ covers 5 cannabis ETFs as of Oct 20, 2026. The largest is MSOS at $752m. The cheapest is WEED at 0.41%.
How much of a cannabis fund is already in the S&P 500 decides how much of it is new exposure. Across these 5 funds the median is 0.0% of the weight. The rest is what you are buying that an index fund does not already hold.
Concentration is the other thing to read. The median cannabis ETF here holds 55.8% of its weight in its top ten positions. That is what a theme fund does: it buys a shortlist, not a market.
ETFIQ files a fund under a theme editorially, from what the fund holds rather than from its name, and every figure on this page is the one its cannabis hub prints.
On ETFIQ today
| Ticker | Fund | Issuer | Net assets | Fee | In the S&P 500 |
|---|---|---|---|---|---|
| MSOS | AdvisorShares Pure US Cannabis ETF | AdvisorShares | $752m | 0.78% | 0.0% |
| MJ | Amplify Alternative Harvest ETF | Amplify | $98m | 0.75% | 0.0% |
| CNBS | Amplify Seymour Cannabis ETF | Amplify | $64m | 0.76% | not published |
| YOLO | AdvisorShares Pure Cannabis ETF | AdvisorShares | $30m | 0.51% | 0.0% |
| WEED | Roundhill Cannabis ETF | Roundhill | $7m | 0.41% | 0.0% |
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ETFIQ, Is there a cannabis ETF?, data as of Oct 20, 2026. https://etfiq.com/questions/is-there-a-cannabis-etf
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