ETF Evaluator:
Amplify Seymour Cannabis ETF (CNBS)
Follow This ETF
(as of Jul 31)
Best Performing in Miscellaneous Sector Over the Last Year
| 140.4% | Global X Hydrogen ETF (HYDR) |
| 121.7% | Roundhill Cannabis ETF (WEED) |
| 115.5% | Breakwave Dry Bulk Shipping ETF (BDRY) |
| 113.7% | AdvisorShares Pure US Cannabis ETF (MSOS) |
| 106.5% | iShares Energy Storage & Materials ETF (IBAT) |
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Risk
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ETF Details
Amplify Seymour Cannabis ETF Overview
Amplify Seymour Cannabis ETF (CNBS) is an actively managed Sector Equity Miscellaneous Sector exchange-traded fund (ETF). Amplify ETFs launched the ETF in 2019.
The investment seeks to provide investors capital appreciation.
Under normal market conditions, the fund seeks to achieve its investment objective by investing in the securities of U.S. companies engaged in cannabis and hemp-related activities selected by the fund’s investment adviser, Amplify Investments LL. Pursuant to this strategy, it will invest at least 80% of its net assets (plus borrowings for investment purposes) in the securities of U.S. companies that derive 50% or more of their revenue from the cannabis and hemp ecosystem and in derivatives that have economic characteristics similar to such securities. The fund is non-diversified.
About Amplify Seymour Cannabis ETF (CNBS)
There are 3 members of the management team with an average tenure of 3.27 years: Michael Venuto (2025), Charles Ragauss (2025) and Timothy Seymour (2019). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and EQM Global Cannabis USD index with a weighting of 100%. Amplify Seymour Cannabis ETF has 40 securities in its portfolio. The top 10 holdings constitute 160.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Amplify Seymour Cannabis ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Amplify Seymour Cannabis ETF has 3.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 86.8% There is 3.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Amplify Seymour Cannabis ETF has -3.4% of the portfolio in cash.
Assets Under Management
The fund has $84 million in total assets, which is below the $351 million average for the Miscellaneous Sector category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
CNBS Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Amplify Seymour Cannabis ETF expense ratio is above average compared to funds in the Miscellaneous Sector category. Amplify Seymour Cannabis ETF has an expense ratio of 0.76%, which is 5% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Amplify Seymour Cannabis ETF has a portfolio turnover rate of 42%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 45% for the Miscellaneous Sector category.
Recently, in the month of June 2026, Amplify Seymour Cannabis ETF returned 1.9%, which earned it a grade of A, as the Miscellaneous Sector category had an average return of -6.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Amplify Seymour Cannabis ETF has a trailing yield of 0.00%, which is below the 1.02% category average.
The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Amplify Seymour Cannabis ETF Grades
Year to date, the ETF has returned 4.5%, 9.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 93.2% over the past year (grade of A), -0.6% over the past three years (grade of F) and -32.4% per year over the past five years (grade of F).
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CNBS Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CNBS Return (NAV) | 1.9% | 34.3% | 93.2% | -0.6% | -32.4% | na |
| CNBS Return (Price) | 1.0% | 32.5% | 90.2% | -0.9% | -32.6% | na |
| NAV +/- Price Return | 0.874% | 1.817% | 3.016% | 0.313% | 0.186% | na |
| Miscellaneous Sector Avg | -6.8% | 13.7% | 51.8% | 8.1% | -7.9% | 7.0% |
| CNBS Grade (NAV) | A | A | A | F | F | na |
| +/- Category (NAV) | 8.7% | 20.6% | 41.4% | -8.8% | -24.5% | na |
| CNBS Tax-Cost Ratio | na | na | 0.0% | 4.6% | 2.8% | na |
CNBS Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CNBS Return (NAV) | 4.5% | 18.6% | -31.8% | -16.4% | -63.7% | -18.6% | 31.6% | na | na | na | na |
| CNBS Return (Price) | 3.0% | 15.3% | -29.1% | -16.1% | -64.0% | -19.0% | 32.0% | na | na | na | na |
| NAV +/- Price Ret | -0.342% | -0.178% | -0.085% | -0.019% | 0.004% | 0.025% | 0.012% | na | na | na | na |
| Miscellaneous Sector Avg | 13.8% | 30.9% | -12.7% | -3.8% | -34.7% | 9.9% | 62.0% | 25.7% | -13.2% | 27.3% | 0.5% |
| CNBS Grade (NAV) | D | D | F | D | F | D | D | na | na | na | na |
| +/- Category | -9.3% | -12.2% | -19.1% | -12.6% | -29.0% | -28.5% | -30.4% | na | na | na | na |
| Risk Measures | |
| Beta: | 0.92 |
| R-Squared: | 2% |
| Standard Deviation: | 75.1% |
| Category Risk Index: | 1.93 |
| Category Risk Rating: | High |
| Total Risk Index: | 6.18 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.0% |
| Total Assets: | $ 84 Mil |
| Share Class Assets: | $ 84 Mil |
| Turnover: | 42.0% |
| Expense Ratio: | 0.76% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 7.0 years | |||
| Average Tenure: 3.3 years | |||
| Managers (Year): Seymour Timothy (2019), Venuto Michael (2025), Ragauss Charles (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 40 |
| % in Top 10 Holdings: | 160.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 3.3% |
Portfolio Allocation |
|
| Domestic Stock: | 86.8% |
| Foreign Stock: | 3.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 13.2% |
| Cash: | -3.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Amplify ETFs |
| Phone Number: | 855-267-3837 |
| Website: | |
| Inception Date: | July 15, 2019 |
Expenses and Fees
| Expense Ratio (%): | 0.76% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.73% |
