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CBDYX

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1d
1w
1m

Analysis and statistics

  • Open
    55.2069$
  • Previous Close
    55.2069$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

CBDYX.US represents the Cambria Cannabis ETF. This exchange-traded fund (ETF) aims to provide investors with exposure to the broad cannabis industry by tracking the performance of a market-cap-weighted index of global companies that are involved in various aspects of the cannabis business, including cultivation, production, distribution, retail, and related sectors. The ETF offers a diversified approach to investing in the cannabis market, encompassing both U.S. and international companies.
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Factors

Economy: Economic growth typically boosts consumer spending and investment in wellness products like those potentially related to the fund's holdings. A recession could have the opposite effect. Interest Rates: Higher interest rates can make investments in bonds or similar assets held by the fund less attractive compared to higher-yielding fixed income options. Market Sentiment: Overall investor confidence and risk appetite influence demand for various asset classes, potentially affecting the price of the fund's units. Fund Holdings: The performance of the underlying assets (stocks, bonds, etc.) directly impacts the fund's net asset value and thus its unit price. Management Fees: High expense ratios can detract from returns, potentially making the fund less attractive and impacting its price relative to similar funds. Regulatory Changes: Changes in regulations affecting the industries or assets the fund invests in can significantly impact its value.

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