MJ ETF — Holdings & Analysis

Amplify Alternative Harvest ETF (MJ) is an exchange-traded fund that seeks to replicate the performance of the Prime Alternative Harvest Index. This index is designed to track the performance of companies involved in the cannabis ecosystem, including those benefiting from the legalization of medicinal and recreational cannabis on a global scale. MJ provides investors with a way to gain exposure to the cannabis industry through a single investment vehicle. The ETF's holdings consist of companies primarily located in Canada and the United States, reflecting the current geographic concentration of the cannabis market.

Amplify Alternative Harvest ETF (MJ) has an expense ratio of 0.75%. This means that for every $10,000 invested in the fund, $75 is deducted annually to cover the fund's operating expenses. While this expense ratio provides access to a specialized sector, it's important to consider this cost when evaluating the fund's potential returns. Expense ratios can impact overall investment performance, especially over longer time horizons.

The top holdings in the Amplify Alternative Harvest ETF (MJ) as of 2026-03-15, include the Amplify Seymour Cannabis ETF (CNBS) with a weight of 47.15%, providing indirect exposure to a basket of cannabis companies. Other significant holdings are Tilray Brands Inc (TLRY) at 15.38%, Cronos Group Inc (CRON.TO) at 7.98%, Canopy Growth Corp (WEED.TO) at 7.32%, and SNDL Inc Ordinary Shares (SNDL) at 6.33%. These holdings represent a significant portion of the fund's assets, reflecting its concentrated investment strategy within the cannabis sector.

Whether the Amplify Alternative Harvest ETF (MJ) is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and outlook on the cannabis industry. MJ offers targeted exposure to the cannabis market, which has the potential for growth but also faces regulatory and competitive challenges. The fund's expense ratio of 0.75% and concentrated holdings should be considered. Investors should conduct thorough research and consider their own circumstances before making any investment decisions. Past performance does not guarantee future results.

Amplify Alternative Harvest ETF (MJ) distinguishes itself through its focused approach on the cannabis industry. With an expense ratio of 0.75% and AUM of $0.12 billion, MJ is positioned among other cannabis-focused ETFs. When comparing to similar ETFs, factors to consider include fund size, expense ratios, investment strategy, and portfolio composition. Some ETFs may have broader diversification or lower expense ratios, while others may focus on specific segments within the cannabis market. Investors should carefully evaluate these factors to determine which ETF best aligns with their investment objectives.

As of 2026-03-15, the Amplify Alternative Harvest ETF (MJ) has a dividend yield of 0.00%. This indicates that the fund currently does not distribute any dividends to its shareholders. The fund's focus is primarily on capital appreciation through the growth of cannabis-related companies, rather than generating income through dividends. Investors seeking income-generating investments may need to consider alternative options.