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Gold Juniors, Bitcoin, Marijuana and Psychedelic ETFs To Watch

If you are bullish on any of the cannabis, psychedelic, cryptocurrency, and gold and silver junior miner categories then you might want to buy one or more…

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This article was originally published by Munknee

If you are bullish on any of the cannabis (both LPs and MSOs), psychedelic (all clinical-stage), cryptocurrency (specifically Bitcoin), and gold and silver junior miner categories then you might want to buy one or more of  6 ETFs that focus on those categories. Below is a description of each, their performances, in descending order, YTD and how they compare with the munKNEE portfolios that track the same categories on a regular basis here on TalkMarkets.com (see here):

An original article by Lorimer Wilson, Managing Editor of munKNEE.com (Your KEY To Making Money!)

  1. The ProShares Bitcoin Strategy ETF (BITO)
  2. The Sprott Junior Gold Miners ETF (SGDJ)
    • consists of 45 constituents,
    • was DOWN 29.3% in 2022, and
    • is now UP 24.8% YTD.
    • In comparison, the munKNEE 10 Gold Juniors With Parabolic Potential is only UP 14.8% YTD. (see here)
    • Related Article: 8 Gold Forecasts
  3. The iShares MSCI Global Silver ETF (SLVP)
    • consists of 43 constituents,
    • was DOWN 15.8% in 2022, and
    • is now UP 14.3% YTD.
    • In comparison, the munKNEE 10 Gold Juniors With Parabolic Potential is UP 14.8% YTD. (see here)
  4. The AdvisorShares Psychedelics ETF (PSIL):
    • consists of 23 constituents,
    • was DOWN 68.2% in 2022, and
    • is now only DOWN 2.7% YTD.
    • In comparison, the munKNEE Psychedelic Stocks ETF is UP 1.9% YTD. (see here)
  5. The AdvisorShares Pure U.S. Cannabis ETF (MSOS):
    • consists exclusively of 47 American multi-state operators (MSOs),
    • was DOWN 72.1% in 2022, and
    • is now DOWN 23.9% YTD.
    • In comparison, the munKNEE American Cannabis MSOs Index is DOWN 23.4% YTD.
  6. The Global X Cannabis ETF (POTX):
    • consists of 19 constituents of which 57% are Canadian licensed producers (LPs),
    • was DOWN 69.0% in 2022, and
    • is now DOWN 25.5% YTD.
    • In comparison, the munKNEE Canadian Cannabis LPs Index is DOWN 24.8% YTD.

In total, the above 6 ETFs hold 178 stocks that:

  • were DOWN 53.6%, on average, in 2022, but
  • are now UP 16.9% YTD.

In comparison, SPY (S&P 500 ETF)  is only UP 7.8% YTD.

 


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