Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
MJ
Upturn stock rating

Amplify Alternative Harvest ETF (MJ)

Upturn stock rating
$34.72
Last Close (24-hour delay)
Profit since last BUY-11.61%
upturn advisory
WEAK BUY
BUY since 20 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/24/2025: MJ (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit -29.12%
Avg. Invested days 24
Today’s Advisory WEAK BUY
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/24/2025

Key Highlights

Volume (30-day avg) -
Beta 1.1
52 Weeks Range 16.11 - 44.13
Updated Date 06/29/2025
52 Weeks Range 16.11 - 44.13
Updated Date 06/29/2025

ai summary icon Upturn AI SWOT

Amplify ETF Trust

stock logo

ETF Overview

overview logo Overview

The Amplify Alternative Harvest ETF (MJ) is an actively managed ETF focused on companies involved in the cannabis and hemp industries. Its strategy involves investing in a diverse range of global companies, including those involved in the production, distribution, research, and development of cannabis and related products.

reliability logo Reputation and Reliability

Amplify ETFs is known for offering thematic and innovative ETFs. They have a generally positive reputation for providing specialized investment products.

reliability logo Management Expertise

Amplify ETFs' management team has experience in creating and managing specialized ETFs, particularly those focused on niche markets.

Investment Objective

overview logo Goal

The ETF aims to seek total return by investing in the equity securities of companies involved in the cannabis and hemp ecosystem.

Investment Approach and Strategy

Strategy: Actively managed, seeking to identify and invest in companies that are expected to benefit from the growth of the cannabis and hemp industries.

Composition Primarily holds stocks of companies involved in cannabis and hemp, including cultivators, retailers, and pharmaceutical companies. Allocation may shift based on market conditions and investment opportunities.

Market Position

Market Share: MJ's market share in the cannabis ETF sector varies depending on competitor performance and investor flows.

Total Net Assets (AUM): 152600000

Competitors

overview logo Key Competitors

  • AdvisorShares Pure US Cannabis ETF (MSOS)
  • AdvisorShares Pure Cannabis ETF (YOLO)
  • ETFMG Alternative Harvest ETF (MJJ)
  • Roundhill Cannabis ETF (WEED)

Competitive Landscape

The cannabis ETF market is competitive, with several funds vying for investor capital. MJ benefits from being an early mover, but faces competition from funds with lower expense ratios or different investment strategies. MSOS has a strong focus on US cannabis, providing a different avenue of investment compared to MJ's global portfolio.

Financial Performance

Historical Performance: Historical performance data is not provided.

Benchmark Comparison: Benchmark comparison is not provided.

Expense Ratio: 0.75

Liquidity

Average Trading Volume

MJ's average trading volume is moderate, providing generally sufficient liquidity for most investors.

Bid-Ask Spread

The bid-ask spread for MJ is generally tight, reflecting its trading volume and market interest.

Market Dynamics

Market Environment Factors

MJ is affected by regulatory changes, shifts in consumer demand, and overall market sentiment towards the cannabis industry. Economic growth and interest rates have indirect impacts.

Growth Trajectory

MJ's growth depends on the global expansion and legalization of cannabis, as well as the performance of its underlying holdings. The fund may adjust its holdings based on market trends and company developments.

Moat and Competitive Advantages

Competitive Edge

MJ benefits from being an actively managed fund, allowing it to adjust its holdings based on market opportunities and avoid underperforming companies. The fund's global focus offers diversification beyond the US market. The active management style distinguishes it from passively managed index trackers within the same sector, aiming to enhance returns through strategic stock selection. However, active management also entails higher costs.

Risk Analysis

Volatility

MJ can experience significant volatility due to the speculative nature of the cannabis industry and regulatory uncertainties.

Market Risk

MJ is subject to market risk related to fluctuations in the cannabis industry, including changes in regulations, competition, and consumer preferences.

Investor Profile

Ideal Investor Profile

MJ is suitable for investors who are comfortable with high risk and are seeking exposure to the potential growth of the cannabis industry.

Market Risk

MJ is better suited for active traders or long-term investors with a high-risk tolerance, as it may experience significant price swings.

Summary

The Amplify Alternative Harvest ETF (MJ) offers exposure to the global cannabis industry. As an actively managed fund, it adjusts holdings to capitalize on market trends. It carries risks related to regulatory changes and market volatility. MJ is best suited for risk-tolerant investors seeking growth within the cannabis sector. Its active management may provide opportunities for outperformance but comes with a higher expense ratio.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Amplify ETFs website
  • ETF.com
  • Morningstar
  • Yahoo Finance

Disclaimers:

The data and analysis provided are for informational purposes only and do not constitute financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data is approximate and may vary.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Amplify ETF Trust

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund will normally invest at least 80% of its net assets in the securities that comprise the index. The index seeks to provide exposure to global and U.S. companies that (i) engage in the cultivation, production, marketing or distribution of cannabis, including industrial hemp; and/or (ii) engage in the production, marketing, transportation or distribution of products containing cannabis, including industrial hemp, for medical or non-medical purposes. The fund is non-diversified.