# Cannabis ETFs: 5 funds, largest first

> 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.

Data as of Oct 21, 2026. Rebuilt every trading night.

Data as of Oct 21, 2026 .

## Cannabis ETFs: what each one holds

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.

5 US listed cannabis ETFs

$752m The largest, MSOS

0.41% The cheapest, WEED

−3.1% Best one year, WEED

### The short answers

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

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.

| Company | Among the ten largest of | Average weight where it is | Largest, and in which fund |
| --- | --- | --- | --- |
| TRULIEVE CANNABIS CORP TRLV | 3 of 5 | 12.9% | 15.9% in CNBS |
| VILLAGE FARMS INTERNATIONAL INC VFF | 3 of 5 | 5.7% | 10.5% in YOLO |
| CURALEAF HOLDINGS INC CURLD | 2 of 5 | 13.7% | 15.2% in YOLO |
| Cronos Group Inc CRON | 2 of 5 | 7.9% | 12.0% in MJ |
| High Tide Inc HITI | 2 of 5 | 6.2% | 7.9% in YOLO |
| TERRASCEND CORP TSNDF | 2 of 5 | 2.6% | 2.7% in MSOS |
| GLASS HOUSE BRANDS INC GLAS | 2 of 5 | 2.4% | 3.8% in YOLO |
| Organigram Global Inc OGI | 2 of 5 | 2.3% | 2.6% in YOLO |
| Amplify Seymour Cannabis ETF CNBS | 1 of 5 | 48.9% | 48.9% in MJ |
| Curaleaf Holdings Inc CURA | 1 of 5 | 26.2% | 26.2% in WEED |
| AdvisorShares Trust MSOS | 1 of 5 | 23.0% | 23.0% in YOLO |
| Curaleaf Holdings Inc | 1 of 5 | 14.6% | 14.6% in CNBS |
| GREEN THUMB INDS INC | 1 of 5 | 14.4% | 14.4% in CNBS |
| TRULIEVE CANNABIS CORP | 1 of 5 | 12.5% | 12.5% in CNBS |
| Tilray Brands Inc TLRY | 1 of 5 | 8.3% | 8.3% in MJ |

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.

### The 5 largest cannabis ETFs

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 .

- MSOS AdvisorShares Pure US Cannabis ETF $752m 0.78%

- MJ Amplify Alternative Harvest ETF $99m 0.75%

- CNBS Amplify Seymour Cannabis ETF $66m 0.76%

- YOLO AdvisorShares Pure Cannabis ETF $30m 0.51%

- WEED Roundhill Cannabis ETF $7m 0.41%

| Ticker | Fund | Issuer | Net assets | In the S&P 500 | Active share | Total return 1Y | vs its benchmark 1Y | Fee |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| MSOS | AdvisorShares Pure US Cannabis ETF | AdvisorShares | $752m | 0.0% | 100.0% | −10.8% | not measured | 0.78% |
| MJ | Amplify Alternative Harvest ETF | Amplify | $99m | 0.0% | 100.0% | −32.7% | not measured | 0.75% |
| CNBS | Amplify Seymour Cannabis ETF | Amplify | $66m | not published | not published | −16.7% | not measured | 0.76% |
| YOLO | AdvisorShares Pure Cannabis ETF | AdvisorShares | $30m | 0.0% | 100.0% | −21.2% | not measured | 0.51% |
| WEED | Roundhill Cannabis ETF | Roundhill | $7m | 0.0% | 100.0% | −3.1% | not measured | 0.41% |

### How much of each pair is the same fund

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%.

| | MSOS | MJ | CNBS | YOLO | WEED |
| --- | --- | --- | --- | --- | --- |
| MSOS | · | 0% | 26% | 26% | 12% |
| MJ | 0% | · | 1% | 21% | 0% |
| CNBS | 26% | 1% | · | 33% | 15% |
| YOLO | 26% | 21% | 33% | · | 15% |
| WEED | 12% | 0% | 15% | 15% | · |

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.

### What each fund holds alone

| Fund | Largest holding it alone has | Weight | All of its own names |
| --- | --- | --- | --- |
| MJ | Amplify Seymour Cannabis ETF CNBS | 48.9% | 49.1% |
| CNBS | Trulieve Cannabis Corp TRLV | 15.9% | 65.5% |
| YOLO | AdvisorShares Trust MSOS | 23.0% | 28.1% |

### Questions people ask

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’s 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 −3.1% 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

The issuers behind these cannabis funds publish their own work on this theme. These are their pages and words, not ETFIQ’s. A fund company writing about a theme it sells is making a case.

| Issuer | What they publish | Kind |
| --- | --- | --- |
| Amplify | Amplify Insights | Their research index |
| Roundhill | Roundhill research blog | Their research index |

### Where to next

### Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement.

ETFIQ is an independent publisher and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Cannabis ETFs: what each one holds, data as of Oct 21, 2026. https://etfiq.com/themes/cannabis
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/themes/cannabis