Subversive Cannabis ETF (LGLZ)
Subversive Cannabis ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $23.11, up 0.04% on the session, giving a market capitalisation of $577,117. Its beta of 3.54 implies it has historically moved more than the broad market.
This actively managed exchange-traded fund (ETF) aims to achieve its investment objective by predominantly allocating its capital to firms directly involved in legal tetrahydrocannabinol (THC) operations within the United States. Under typical market conditions, at least 80% of its net assets—including any funds acquired through borrowing for investment purposes—will be invested in these U.S. cannabis companies. The fund’s holdings can span businesses of any market capitalization, including those categorized as mid-cap, small-cap, or micro-cap. It operates as a non-diversified investment vehicle.
Subversive Cannabis ETF is most often compared with the following Financial Services names: