TOKE
Cambria Cannabis ETF
📎 Investment Objective
The Cambria Cannabis ETF (TOKE) seeks to provide exposure to companies involved in the legal cannabis and hemp industry.
Overview
ETF tracking Cambria Cannabis ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Cambria Cannabis ETF (TOKE) seeks to provide exposure to companies involved in the legal cannabis and hemp industry.
🎯 Investment Strategy
The fund tracks the Solactive Cannabis Index, which is designed to provide exposure to companies that derive at least 50% of their revenue from the legal cannabis, hemp, and related industries. The index is rebalanced quarterly.
✨ Key Features
- Provides exposure to the legal cannabis and hemp industry
- Diversified portfolio across different cannabis-related sectors and geographies
- Relatively low expense ratio of 0.00%
- Actively managed fund with quarterly rebalancing
⚠️ Primary Risks
- Highly speculative and volatile industry with significant regulatory risks
- Concentration risk as the fund is focused on a single industry
- Liquidity risk due to the emerging nature of the cannabis market
- Currency risk for international holdings
👤 Best For
The Cambria Cannabis ETF may be suitable for investors with a high risk tolerance who are looking for exposure to the legal cannabis industry as part of a diversified portfolio. Investors should have a long-term investment horizon and be prepared for significant volatility.