|Bid||12.07 x 0|
|Ask||12.14 x 0|
|Day's Range||12.04 - 12.94|
|52 Week Range||10.75 - 30.57|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||9.92%|
|Beta (5Y Monthly)||N/A|
|Expense Ratio (net)||0.75%|
As the array of publicly listed cannabis companies expands, so too does the number of cannabis ETFs available to investors looking for a diversified slice of the action. One core aspect of differentiation that is playing out in the nascent industry’s broad equity funds is management. Below is the one-year chart for a couple of the longest-running cannabis ETFs, the Evolve Marijuana Fund (TSX:SEED) and the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ).
"Thirty seconds for the market to open," a Toronto Stock Exchange representative said as the crowd started to clap, cheer and celebrate. It was the anniversary of the Evolve Marijuana ETF (TSX:SEED)(OTC:EVVLF) and they were celebrating being the best-performing equity ETF on the TSX in the last year.
TORONTO , April 16, 2019 /CNW/ - Evolve Funds Group Inc. ("Evolve") is pleased to announce that it has filed its final prospectus to launch the Evolve U.S. Marijuana ETF ("USMJ"). USMJ will be the world's first ETF focused on the U.S. marijuana industry. Units of ticker symbol USMJ have been approved for listing on the NEO Exchange ("NEO") and will begin trading on April 17, 2019 .
TORONTO , March 29, 2019 /CNW/ - Evolve Funds Group Inc. ("Evolve") is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for Canada's first actively managed U.S. marijuana industry focused ETF. The U.S. Marijuana ETF ("USMJ") is designed to provide investors with long-term capital appreciation by actively investing in a diversified mix of equity securities of public issuers that are involved in the U.S. marijuana industry where state and local laws regulate and permit such activities. Evolve will act as portfolio manager for USMJ.
TORONTO , March 5, 2019 /CNW/ - Evolve ETFs ("Evolve") is pleased to announce that for the 12 month period ending February 28, 2019 , the Evolve Marijuana ETF ("SEED") is Canada's top performer out of 504 equity ETFs listed on the TSX.1 SEED returned 48.48% over this period, more than doubling the performance of the North American Marijuana Index during the same period. The Evolve Marijuana ETF is actively managed by Evolve ETFs and is designed to provide Canadian investors with long-term capital appreciation by investing in a diversified mix of equity securities of issuers that are involved in the marijuana industry.