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XSMH

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1m

Analysis and statistics

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About

XSMH.TO is the Horizons US Marijuana Index ETF. It seeks to replicate, to the extent possible, the performance of the US Marijuana Index (Net Total Return), net of expenses. This ETF provides exposure to a basket of primarily U.S.-listed companies involved in the legal cannabis industry, including those engaged in cultivation, production, distribution, and retail. It trades on the Toronto Stock Exchange (TSX).
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Factors

Sector Performance: Overall health of the Canadian small-cap healthcare sector drives demand.

Index Composition: Changes in XSMH's underlying index constituents affect its net asset value.

Market Sentiment: General investor confidence in Canadian equities influences buying/selling pressure.

Interest Rates: Higher rates can make bonds more attractive, potentially reducing demand for ETFs.

Exchange Rates: Fluctuations in the CAD/USD rate impact returns if holdings have USD exposure.

Fund Flows: Large inflows/outflows can create buying/selling pressure, affecting the ETF's price.

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