$BIGB Banks
$BIGA Airlines
$BIGD Defense
$BIGT Technology
Roundhill believes that continued legalization by both U.S. states and foreign governments globally result in an attractive growth profile for the cannabis sector.
Legal cannabis sales expected globally by 20261
Number of states cannabis is currently legal in2
Number of Americans who support legalizing cannabis3
The Roundhill Cannabis ETF ("WEED ETF") is designed to offer investors exposure to the cannabis sector. The fund may invest in various cannabis related companies, including: (i) cannabis producers and distributors, (ii) cannabis-related technology companies, and (iii) additional cannabis related ancillary businesses.
The Roundhill Cannabis ETF may utilize total return swaps to provide exposure to U.S. focused cannabis companies. Total return swaps are over-the-counter derivatives which provide the fund with exposure to the underlying reference assets (i.e. MSOs). Total return swaps introduce counterparty risk via swap counterparties that the Fund engages with.
1,2BDSA; 3Gallup, DISA
Ticker
WEED
Primary Exchange
Cboe BZX
Gross Expense Ratio
0.75%
Net Expense Ratio
0.39%*
AUM
Launch
4/20/22
# of Holdings
ETF Options
YES
Securities Lending
YES
Shares Outstanding
As of TBD
Net Asset Value
Change ($)
Change (%)
1 Year
As of
Since Inception (4/20/22)
As of
Closing Price
Change ($)
Change (%)
1 Year
As of
Since Inception (4/20/22)
As of
*The Advisor has agreed to waive 0.36% of its management fee for the Fund until at least April 30, 2023
The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the Primary Exchange official closing price. Brokerage commissions will reduce returns
As of TBD
| Name | Ticker | Weight |
|---|
The Roundhill Cannabis ETF seeks to achieve its investment objective by investing in total return swaps intended to provide exposure to the cannabis ecosystem. The fund may pledge cash or cash equivalent instruments, such as U.S. Treasury Bills, as collateral for these contracts.
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.
As of
NAV
Premium/Discount
30-Day Median Bid/Ask Spread
0.2495%
TBD
WEED launched on April 20th, 2022.
The average counterparty credit rating amongst the fund's swap positions is currently A- (S&P)*
*Credit quality ratings reflect the credit quality of the swap counterparties and are not representative of the quality of the investments themselves. Quality ratings are subject to change. S&P assigns credit quality ratings ranging from AAA as the highest to D as the lowest.
WEED is currently available on a number of brokerage platforms. If you work with a financial adviser, it will depend on whether WEED is “approved” by the adviser, which they will be able to answer.
To the best of our knowledge, those who can buy US-listed stocks and ETFs should be able to access WEED. Please check your brokerage platform or with your financial advisor.
Gross Expense Ratio: 0.75%
Net Expense Ratio: 0.39%*
On the Cboe BZX Exchange.
Options trading for WEED is available on the Cboe Options Exchange.
WEED consists of companies actively involved in the cannabis sector, including U.S. multi-state operators (“MSOs”).
Yes, Roundhill Investments is the adviser to METV - The Metaverse ETF, MEME - The Meme Stock ETF, and more.
Invest in Curaleaf, Green Thumb, and more.
