WEED
Roundhill Cannabis ETF
📎 Investment Objective
The Roundhill Cannabis ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Roundhill Cannabis Index.
Overview
ETF tracking Roundhill Cannabis ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Roundhill Cannabis ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Roundhill Cannabis Index.
🎯 Investment Strategy
The ETF invests in a portfolio of companies that are engaged in the legal cannabis, hemp, and related businesses. The fund seeks to track the Roundhill Cannabis Index, which is designed to provide exposure to the global cannabis industry.
✨ Key Features
- Provides exposure to a diversified portfolio of global cannabis-related companies
- Tracks the Roundhill Cannabis Index, which is designed to measure the performance of the global cannabis industry
- Invests in companies involved in the legal production, growth, distribution, and sale of cannabis and hemp products
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Investing in the cannabis industry is subject to significant volatility and regulatory uncertainty
- The fund's performance is dependent on the performance of the underlying index, which may not accurately reflect the overall cannabis industry
- Concentration risk as the fund is focused on a specific industry sector
- Liquidity risk due to the relatively small size and trading volume of the ETF
👤 Best For
The Roundhill Cannabis ETF may be suitable for investors with a high-risk tolerance who are seeking exposure to the global cannabis industry. Investors should be aware of the significant volatility and regulatory risks associated with this sector.