AXS Cannabis ETF

THCX is a Global Equities ETF. The AXS Cannabis ETF (THCX) is an exchange traded fund that provides investors with a liquid and diversified vehicle to gain access to the growth of the legal cannabis market. It seeks to provide investment results that correspond generally to the total return performance of the AXS Cannabis Index. The Fund will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in exchange listed common stock or corresponding American Depositary Receipts ("ADRs") of Cannabis Companies. "Cannabis Companies" are companies that have a business interest in the legal cannabis-based pharmaceutical and consumer wellness & product markets.

THCX tracks the AXS Cannabis Index.

No, THCX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, THCX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on THCX is 0.1777%. This is the percent change in the value of THCX over the most recent 1-month period. The 3-month return on THCX is 0.1609%. This is the percent change in the value of THCX over the most recent 3-month period.

The standard deviation of THCX for the past year is 0.4666%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to THCX include IGF, EFAV, and EFG.

ETFs correlated to THCX include MJ, IBUY, and ARKK.

ETFs that are inversely correlated to THCX include SARK, BTAL, and HIBS.