The Cambria Cannabis ETF seeks capital appreciation from investments in the global equity markets that have exposure to the broad cannabis industry. The Fund will target investing in approximately 20 to 50 of the top companies with exposure to the broad cannabis industry based on Cambria’s determination as to their exposure to the industry. The Fund generally expects to invest in companies across a broad market capitalization spectrum of micro-, small-, and mid-capitalization stocks.
FUND PRICES
Premium Discount Chart Nav Net Asset Value $15.26 Daily Change $-0.17 Daily Change -1.11% Volume 4070
Price
Closing Price $15.32 Daily Change $-0.14 Daily Change -0.91% 30-Day Median Bid/Ask Spread 1.3751% Data as of 12/07/2020
The exchange-traded fund's median bid-ask spread is rounded to the nearest hundredth and computed by (1) identifying the exchange-traded fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days, (2) dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer, and (3) identifying the median of those values.
PERFORMANCE
Month end returns as of: 11/30/2020
CUMULATIVE
1 Mo. 3 Mo. 6 Mo. Since Inception Fund NAV 39.18% 22.49% 21.67% -34.66% Closing Price 39.69% 23.62% 22.86% -34.39%
AVG. ANNUALIZED
1 Yr. 3 Yr. 5 Yr. 10 Yr. Since Inception Fund NAV 4.78% -26.98% Closing Price 5.01% -26.76%
Quarter end returns as of 09/30/2020:
AVG. ANNUALIZED
1 Yr. 3 Yr. 5 Yr. 10 Yr. Since Inception Fund NAV -37.81% -47.34% Closing Price -38.25% -47.28%
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period. Cambria Funds' NAVs are calculated using prices as of 4:00 PM Eastern Time.
The closing market price is the Mid-Point between the Bid and Ask price as of the close of exchange. Since the Fund's Shares typically do not trade in the secondary market until several days after the Fund's inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.
TOP 10 HOLDINGS
Full Holdings PERCENTAGE OF NET ASSETS NAME IDENTIFIER SHARES HELD MARKET VALUE
9.18% GW Pharmaceuticals PLC GWPH 12,744 $1,681,443.36 8.03% Aphria Inc. APHA 177,664 $1,469,281.28 6.58% Cash Equivalent 1,203,043 $1,203,043.42 6.55% Canopy Growth Corp. CGC 42,240 $1,198,771.20 6.22% Innovative Industrial Properties Inc. IIPR 7,374 $1,138,914.30 6.00% Greenlane Holdings Inc. GNLN 250,680 $1,097,978.40 5.60% Constellation Brands Inc. STZ 4,836 $1,025,425.44 5.46% Scotts Miracle-Gro Co. SMG 5,756 $998,896.24 4.88% Village Farms International Inc. VFF 84,192 $893,277.12 4.04% British American Tobacco PLC BATS LN 19,392 $739,190.11
