MSOS
AdvisorShares Pure US Cannabis ETF
MSOS is an actively managed narrow portfolio of US stocks or swap contracts related to the domestic cannabis and hemp industry.
Exposure
DERIVATIVES
Active
MANAGEMENT STYLE
373.9 M
ASSETS UNDER MGMT
83 bp
EXPENSES
Fund Basics
| Fund sponsor | AdvisorShares |
| Category | Exposure |
| Asset class | Derivatives |
| Website | link... |
| Inception date | Sep 01, 2020 |
| Assets (mns) | $337 |
| Expense ratio | 83 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -18.6% | -64.0% | -31.0% | -47.6% | -- | -- | -- | -37.0% |
| Dividend Yield | -12.9% | -10.0% | -6.2% | -4.8% | -- | -- | -- | -2.7% |
| Total Returns | -31.5% | -73.9% | -37.2% | -52.5% | -- | -- | -- | -39.7% | Ann. Volatility | 54.5% | 74.5% | 70.4% | 69.0% | -- | -- | -- | 61.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.47 | 17% |
| MSCI EAFE | 1.16 | 10% |
| MSCI Emg Mkts | 0.90 | 6% |
Liquidity Measures
| Avg. volume (000) | 5,563 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.17% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $2.83 |
| 30d moving avg. | $2.52 |
| Annualized volatility | 62.8% |
| Relative strength (RSI) | 44 |
| Short interest (ETF) | 11.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Exposure Derivatives ETFs |
| # of ETFs | 10 |
| Avg. Expense Ratio | 134.3 bp |
| Std. Deviation | 111.4 bp |
| MSOS (83 bp) Percentile rank | 38 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| MSOS | 83.0 | 16.5 | 99.5 |
| Peer Avg. | 108.5 | 53.1 | 161.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .