{"url":"https://etfiq.com/themes/cannabis","section":"themes","title":"Cannabis ETFs: 5 funds, largest first | ETFIQ","description":"ETFIQ covers 5 cannabis ETFs. The largest are MSOS ($752m), MJ ($99m) and CNBS ($66m); fees run 0.41% to 0.78%, as of Oct 20 to 21, 2026.","as_of":"Oct 21, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"How many cannabis ETFs are there?","acceptedAnswer":{"@type":"Answer","text":"ETFIQ covers 5 US listed cannabis ETFs as of Oct 21, 2026. That is every one it can measure from the fund\u2019s own published holdings."}},{"@type":"Question","name":"What is the largest cannabis ETF?","acceptedAnswer":{"@type":"Answer","text":"MSOS, AdvisorShares Pure US Cannabis ETF, at $752m in net assets as of Oct 20, 2026, the largest of the 5 cannabis ETFs with a published size."}},{"@type":"Question","name":"What is the cheapest cannabis ETF?","acceptedAnswer":{"@type":"Answer","text":"WEED, Roundhill Cannabis ETF, at 0.41% a year by its prospectus filed Apr 30, 2026, the lowest fee of the 5 cannabis ETFs that publish one."}},{"@type":"Question","name":"Which cannabis ETF has performed best over the past year?","acceptedAnswer":{"@type":"Answer","text":"WEED, Roundhill Cannabis ETF, at \u22123.1% total return over the year to Oct 21, 2026, the highest of the 5 cannabis ETFs with a full year of trading behind them. Past returns do not predict future ones."}},{"@type":"Question","name":"What do cannabis ETFs hold?","acceptedAnswer":{"@type":"Answer","text":"Funds that hold cannabis growers and retailers, and the property and services companies that supply them. Between them the 5 cannabis ETFs ETFIQ can read name 27 companies in their ten largest holdings, by holdings dated Jun 30, 2026 to Oct 21, 2026, most widely TRULIEVE CANNABIS CORP, which is among the ten largest of 3 of them."}},{"@type":"Question","name":"Do cannabis ETFs hold the same companies?","acceptedAnswer":{"@type":"Answer","text":"It depends which two. Across the 10 pairs of the 5 cannabis ETFs with a full published book, by holdings dated Jun 30, 2026 to Oct 21, 2026, CNBS and YOLO hold 33% of their weight in the same companies, MJ and WEED hold 0%, and the middle pair holds 15%. Two funds sold on one theme are not the same fund."}}]},{"@type":"ItemList","name":"Cannabis ETFs: 5 funds, largest first","numberOfItems":5,"itemListElement":[{"@type":"ListItem","position":1,"name":"MSOS","url":"https://etfiq.com/funds/msos"},{"@type":"ListItem","position":2,"name":"MJ","url":"https://etfiq.com/funds/mj"},{"@type":"ListItem","position":3,"name":"CNBS","url":"https://etfiq.com/funds/cnbs"},{"@type":"ListItem","position":4,"name":"YOLO","url":"https://etfiq.com/funds/yolo"},{"@type":"ListItem","position":5,"name":"WEED","url":"https://etfiq.com/funds/weed"}]},{"@type":"ItemList","name":"The 5 largest cannabis ETFs","itemListOrder":"https://schema.org/ItemListOrderDescending","numberOfItems":5,"itemListElement":[{"@type":"ListItem","position":1,"name":"MSOS","url":"https://etfiq.com/funds/msos"},{"@type":"ListItem","position":2,"name":"MJ","url":"https://etfiq.com/funds/mj"},{"@type":"ListItem","position":3,"name":"CNBS","url":"https://etfiq.com/funds/cnbs"},{"@type":"ListItem","position":4,"name":"YOLO","url":"https://etfiq.com/funds/yolo"},{"@type":"ListItem","position":5,"name":"WEED","url":"https://etfiq.com/funds/weed"}]},{"@type":"Dataset","name":"Cannabis ETFs: what each one holds","description":"ETFIQ covers 5 cannabis ETFs. The largest are MSOS ($752m), MJ ($99m) and CNBS ($66m); fees run 0.41% to 0.78%, as of Oct 20 to 21, 2026.","url":"https://etfiq.com/themes/cannabis","dateModified":"2026-10-21","inLanguage":"en","creator":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Cannabis","item":"https://etfiq.com/themes/cannabis"}]},{"@type":"WebPage","name":"Cannabis ETFs: 5 funds, largest first","description":"ETFIQ covers 5 cannabis ETFs. The largest are MSOS ($752m), MJ ($99m) and CNBS ($66m); fees run 0.41% to 0.78%, as of Oct 20 to 21, 2026.","url":"https://etfiq.com/themes/cannabis","dateModified":"2026-10-21","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":7538,"truncated":false,"content":"ETFIQ / Thematic ETFs / Cannabis \n \n Data as of Oct 21, 2026 .\n Cannabis ETFs: what each one holds\n See every cannabis ETF by what it holds, not by its name. Funds that hold cannabis growers and retailers, and the property and services companies that supply them. 5 funds, largest first. Updated Oct 21, 2026. The typical fund carries 0% of its weight in S&P 500 names, the 53rd most of the 53 themes with filed books.\n 5 US listed cannabis ETFs \n $752m The largest, MSOS \n 0.41% The cheapest, WEED \n \u22123.1% Best one year, WEED \n\n The short answers\n Least like the S&P 500 MSOS , AdvisorShares Pure US Cannabis ETF, 0.0% of its weight in S&P 500 companies. Closest pair CNBS and YOLO , 33% of their weight in the same companies. What these funds actually own\n Between them the 5 funds' ten largest holdings name 27 companies, of which 8 appear in more than one. TRULIEVE CANNABIS CORP is among the ten largest of 3 of them, at an average of 12.9% of the fund.\n Cannabis ETFs, the companies their ten largest holdings name. Source: each fund's latest SEC filing or its issuer\u2019s own daily holdings file, read by ETFIQ. Company Among the ten largest of Average weight where it is Largest, and in which fund \n TRULIEVE CANNABIS CORP TRLV 3 of 5 12.9% 15.9% in CNBS \n VILLAGE FARMS INTERNATIONAL INC VFF 3 of 5 5.7% 10.5% in YOLO \n CURALEAF HOLDINGS INC CURLD 2 of 5 13.7% 15.2% in YOLO \n Cronos Group Inc CRON 2 of 5 7.9% 12.0% in MJ \n High Tide Inc HITI 2 of 5 6.2% 7.9% in YOLO \n TERRASCEND CORP TSNDF 2 of 5 2.6% 2.7% in MSOS \n GLASS HOUSE BRANDS INC GLAS 2 of 5 2.4% 3.8% in YOLO \n Organigram Global Inc OGI 2 of 5 2.3% 2.6% in YOLO \n Amplify Seymour Cannabis ETF CNBS 1 of 5 48.9% 48.9% in MJ \n Curaleaf Holdings Inc CURA 1 of 5 26.2% 26.2% in WEED \n AdvisorShares Trust MSOS 1 of 5 23.0% 23.0% in YOLO \n Curaleaf Holdings Inc 1 of 5 14.6% 14.6% in CNBS \n GREEN THUMB INDS INC 1 of 5 14.4% 14.4% in CNBS \n TRULIEVE CANNABIS CORP 1 of 5 12.5% 12.5% in CNBS \n Tilray Brands Inc TLRY 1 of 5 8.3% 8.3% in MJ \n \n The 15 most widely held of 27. Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.\n The 5 largest cannabis ETFs\n ETFIQ covers 5 cannabis ETFs. The largest are MSOS ( $752m ), MJ ( $99m ) and CNBS ( $66m ); fees run 0.41% to 0.78% , as of Oct 20 to 21, 2026 .\n MSOS AdvisorShares Pure US Cannabis ETF $752m 0.78% \n MJ Amplify Alternative Harvest ETF $99m 0.75% \n CNBS Amplify Seymour Cannabis ETF $66m 0.76% \n YOLO AdvisorShares Pure Cannabis ETF $30m 0.51% \n WEED Roundhill Cannabis ETF $7m 0.41% \n \n Cannabis ETFs: what each one holds, as of Oct 21, 2026. Source: ETFIQ. Ticker Fund Issuer Net assets In the S&P 500 Active share Total return 1Y vs its benchmark 1Y Fee \n MSOS AdvisorShares Pure US Cannabis ETF AdvisorShares $752m 0.0% 100.0% \u221210.8% not measured 0.78% \n MJ Amplify Alternative Harvest ETF Amplify $99m 0.0% 100.0% \u221232.7% not measured 0.75% \n CNBS Amplify Seymour Cannabis ETF Amplify $66m not published not published \u221216.7% not measured 0.76% \n YOLO AdvisorShares Pure Cannabis ETF AdvisorShares $30m 0.0% 100.0% \u221221.2% not measured 0.51% \n WEED Roundhill Cannabis ETF Roundhill $7m 0.0% 100.0% \u22123.1% not measured 0.41% \n \n How much of each pair is the same fund\n The closest pair is CNBS and YOLO , which hold 33% of their weight in the same companies. The furthest apart is MJ and WEED at 0%. The middle pair of the 10 is 15%.\n Cannabis ETFs, the share of each pair\u2019s weight held in the same companies. Read across or down; the figure is the same either way. Cells are shaded against the closest pair here, 33%. Source: each fund\u2019s own filed or daily holdings, read by ETFIQ. MSOS MJ CNBS YOLO WEED \n MSOS \u00b7 0% 26% 26% 12% \n MJ 0% \u00b7 1% 21% 0% \n CNBS 26% 1% \u00b7 33% 15% \n YOLO 26% 21% 33% \u00b7 15% \n WEED 12% 0% 15% 15% \u00b7 \n \n Weight overlap adds the smaller of the two weights for every company both funds hold. Funds with a cut-short book are left out, not compared short.\n What each fund holds alone\n Cannabis ETFs, the largest holding no other fund in the grid holds. Source: ETFIQ. Fund Largest holding it alone has Weight All of its own names \n MJ Amplify Seymour Cannabis ETF CNBS 48.9% 49.1% \n CNBS Trulieve Cannabis Corp TRLV 15.9% 65.5% \n YOLO AdvisorShares Trust MSOS 23.0% 28.1% \n \n Questions people ask\n How many cannabis ETFs are there? ETFIQ covers 5 US listed cannabis ETFs as of Oct 21, 2026. That is every one it can measure from the fund\u2019s own published holdings. What is the largest cannabis ETF? MSOS , AdvisorShares Pure US Cannabis ETF, at $752m in net assets as of Oct 20, 2026, the largest of the 5 cannabis ETFs with a published size. What is the cheapest cannabis ETF? WEED , Roundhill Cannabis ETF, at 0.41% a year by its prospectus filed Apr 30, 2026, the lowest fee of the 5 cannabis ETFs that publish one. Which cannabis ETF has performed best over the past year? WEED , Roundhill Cannabis ETF, at \u22123.1% total return over the year to Oct 21, 2026, the highest of the 5 cannabis ETFs with a full year of trading behind them. Past returns do not predict future ones. What do cannabis ETFs hold? Funds that hold cannabis growers and retailers, and the property and services companies that supply them. Between them the 5 cannabis ETFs ETFIQ can read name 27 companies in their ten largest holdings, by holdings dated Jun 30, 2026 to Oct 21, 2026, most widely TRULIEVE CANNABIS CORP, which is among the ten largest of 3 of them. Do cannabis ETFs hold the same companies? It depends which two. Across the 10 pairs of the 5 cannabis ETFs with a full published book, by holdings dated Jun 30, 2026 to Oct 21, 2026, CNBS and YOLO hold 33% of their weight in the same companies, MJ and WEED hold 0%, and the middle pair holds 15%. Two funds sold on one theme are not the same fund. What the issuers say about this theme\n The issuers behind these cannabis funds publish their own work on this theme. These are their pages and words, not ETFIQ\u2019s. A fund company writing about a theme it sells is making a case.\n Issuer material on this theme. Links leave ETFIQ. Source: each issuer\u2019s own site. Issuer What they publish Kind \n Amplify Amplify Insights Their research index \n Roundhill Roundhill research blog Their research index \n \n Where to next\n The largest cannabis ETFs The cheapest cannabis ETFs The cannabis ETFs least like the S&P 500 The cannabis ETFs that returned most The most concentrated cannabis ETFs Every thematic ETF Compare two funds The vocabulary Where these figures came from\n Fund holdings from SEC Form N-PORT and from the issuers own daily files SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say ETFIQ links to the documents behind every figure; a link is not an endorsement.\n ETFIQ is an independent publisher and makes no recommendations. Standards and sources \n Cite this page. ETFIQ, Cannabis ETFs: what each one holds, data as of Oct 21, 2026. https://etfiq.com/themes/cannabis Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, Cannabis ETFs: what each one holds, data as of Oct 21, 2026. https://etfiq.com/themes/cannabis APA ETFIQ. (Oct 21, 2026). Cannabis ETFs: what each one holds. Retrieved from https://etfiq.com/themes/cannabis Markdown [Cannabis ETFs: what each one holds (ETFIQ, Oct 21, 2026)](https://etfiq.com/themes/cannabis)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, Cannabis ETFs: what each one holds, data as of Oct 21, 2026. https://etfiq.com/themes/cannabis"}