WEED ETF — Roundhill Cannabis ETF

Roundhill Cannabis ETF (WEED)

Updated October 2, 2026.

WEED is an ETF. its expense ratio is 0.41%. Total return is -72.6% over the past 4.5 years, 156.4 points behind SPY at 83.8%.

Roundhill Cannabis ETF is an actively managed ETF that invests primarily in equity securities of companies and REITs deriving at least half their revenue from the cannabis and hemp ecosystem, along with total return swaps for additional exposure. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.41%. It may appeal to investors seeking equity exposure to the cannabis industry rather than income-focused investors.

WEED performance versus SPY

Price and return data through 2026-10-02.

Total return is -72.6% over the past 4.5 years, 156.4 points behind SPY at 83.8%. Over the past year its total return — price change plus distributions reinvested — is -8.7%. Its deepest 1-year drawdown was 54.0%.

WEED key facts

Issuer

Roundhill Investments

Asset type

ETF

Asset class

Equity

Inception date

04/19/2022

Expense ratio

0.41%

Distribution frequency

None

Last close

$20.60 (as of 2026-10-02)

AUM

$8,046,468

Average volume

18900.0

Beta

1.31

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Roundhill Investments or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

WEED risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 54.0%.

Who may consider WEED — and who may not

It is a weaker fit for investors who need monthly cash flow (WEED does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Roundhill Investments.