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ETFMG 2X Daily Inverse Alternative Harvest ETF: (MJIN)

(Real Time Quote from BATS) As of May 27, 2022 02:24 PM ET

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$16.74 USD

16.74
1,588

-0.55 (-3.15%)

Volume: 1,588

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

ETF Quote Details

Previous Close 17.29
Open 16.00
Bid 18.10
Ask 18.45
Day Low-High 16.00-18.10
52wk Low-High 7.87-23.96
Volume 1,588
NAV (month end) 17.19
Premium (+)/Discount (-) (month end)+0.09

Zacks Premium Research for MJIN

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA
ETF Risk

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

NA

ETF Expense Ratio

Expense Ratio 0.95%
Dividend (Yield) $0.88 (5.10%)
Issuer ETF MANAGERS

Benchmark for MJIN

PRIME ALTERNATIVE HARVEST INDEX

The Prime Alternative Harvest Index provides a benchmark for investors interested in benefiting from the global cannabis industry, including both medicinal and recreational legalization initiatives.

Fund Summary for MJIN

ETFMG 2X DAILY INV ALTERNATIVE HRVST ETF

The ETFMG 2X Daily Inverse Alternative Harvest ETF seeks daily investment results, before fees and expenses, that correspond to negative two times of the return of the Prime Alternative Harvest Index for a single day.