The Libertarian ETFs

by Fred Fuld III

A few days ago, I published an article titled Democrat Politician Investors Still Outperforming Republican Politician Investors, which discussed the investment returns of Democratic politicians versus Republicans.

The post also included a few other conservative and liberal ETFs.

One of my readers posted a message asking about the returns for Libertarian oriented stocks.

If you have ever watched the TV show Last Man Standing, the character that Tim Allen plays, Mike Baxter, says “drugs and guns. I’m definitely a libertarian.”

So are there any libertarian ETFs?

Up until recently, there was a B.A.D. ETF (BAD), but unfortunately the fund liquidated a couple months ago. The B.A.D. stood for betting, alcohol, and drugs, which covers some of the areas that libertarians believe in.

Last year, while it was operating, the BAD ETF was up only 4.3% versus the S&P 500 which was up over 22%.

It is somewhat similar to the AdvisorShares Vice ETF (VICE), but VICE doesn’t even include drugs, and about broke even last year.

An alternative play is the Global X MSCI Argentina ETF (ARGT) due to the fact that Argentina now has a libertarian president. This fund was up 46.8% for last year, far outpacing the S&P 500.

Finally, there is the Freedom 100 Emerging Markets ETF (FRDM) which seeks to invest in countries with higher personal and economic freedom scores. The ETF was up 15.7% last year.

Also, if you are just looking for drugs, you have a lot of ETF varieties to choose from (in no particular order):

AdvisorShares Psychedelics ETF (PSIL)
Roundhill Cannabis ETF (WEED)
Cambria Cannabis ETF (TOKE)
Amplify Growth Opportunities ETF (CNBS)
AXS Cannabis ETF (THCX)
AdvisorShares Pure Cannabis ETF (YOLO)
Global X Cannabis ETF (POTX)
AdvisorShares Pure US Cannabis ETF (MSOS)
ETFMG U.S. Alternative Harvest ETF (MJUS)
Advisorshares Msos 2x Daily ETF (MSOX)

Maybe some of these suggestions can free up some profits for your portfolio.

Disclosure: Author didn’t own any of the above at the time the article was written.

Top Marijuana Cannabis ETFs

by Fred Fuld III

If you think that marijuana is a growth industry and you aren’t sure which is the best cannabis stock to invest in, you have an alternative. Or maybe you are looking for an easy way to play the tax loss pot stocks.

The alternative is investing or trading a cannabis ETF, of which there are several.

The largest one by market cap and volume is the ETFMG Alternative Harvest ETF (MJ), which also happens to be the oldest, founded in 2015. The ETF has an expense ratio of 0.75% and pays a high yield (no pun intended) of 4.99%. Its two largest holdings are GW Pharmaceuticals (GWPH) and Cronos (CRON).

The other cannabis related ETF that pays a yield is the AdvisorShares Vice ETF (ACT), however, marijuana stocks make up a limited amount of the portfolio as it also invests in alcohol and tobacco companies. It pays a yield of 1.56%.

A purer play is the AdvisorShares Pure Cannabis ETF (YOLO), which was founded this year. Its largest holding is Village Farms International (VFF) and the second largest is Innovative Industrial Properties (IIPR).

The following is a list of all the major cannabis ETFs.

Fund Name Symbol Expense Ratio Yield Founded Largest Holding 2nd Largest Holding
AdvisorShares Pure Cannabis ETF YOLO 0.74% 2019 VFF IIPR
AdvisorShares Vice ETF ACT 0.99% 1.56% 2017 TMO ABT
Amplify Seymour Cannabis ETF CNBS 0.75% 2019 GWPH CGC
Cambria Cannabis ETF TOKE 0.42% 2019 MEDIF GWPH
ETFMG Alternative Harvest ETF MJ 0.75% 4.99% 2015 GWPH CRON
Global X Cannabis ETF POTX 0.50% 2019 GWPH APHA
The Cannabis ETF THCX 0.70% 2019 MEDIF GWPH

Let’s hope your portfolio gets high with one of these ETFs.

Disclosure: Author didn’t own any of the above at the time the article was written.