Skip to Content
ETFs

AdvisorShares Pure US Cannabis ETF

MSOS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 01 2020
Expense Ratio
0.80%
Type
US Equities
Fund Owner
Advisor Shares
Volume (1m avg. daily)
$85,096,877
AUM
$586,957,009
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
DERIVATIVES COLLATERAL NOMURA
56.05%
n/a
BLACKROCK TREASURY TRUST INSTL 62
16.95%
TSNDF
TerrAscend Corp
7.58%
n/a
DERIVATIVES COLLATERAL CLEARSTREET
5.44%
IIPR
Innovative Industrial Properties Inc
0.13%
RIV
RIV Capital Inc - Ordinary Shares - Class A
0.09%
PW
Power REIT
0.05%
CBD.U
HempFusion Wellness Inc
0.00%
n/a
CASH
-77.68%
Invest with MSOS

What is MSOS?

The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business in the United States and in derivatives that have economic characteristics similar to such securities. The Fund primarily will invest in exchange-listed equity securities, including common and preferred stock, of mid- and small-capitalization companies, and in total return swaps intended to provide exposure to such companies.In addition to its investment in securities of companies that derive a significant portion of their revenue from the marijuana and hemp business, and in derivatives providing exposure to such securities, the Fund may invest in securities of companies that, in the opinion of the Advisor, may have current or future revenues from cannabis-related business or that are registered with the DEA specifically for the purpose of handling marijuana for lawful research and development of cannabis or cannabinoid-related products.

ETFs related toMSOS

ETFs correlated to MSOS include MSOX, MJ, LGRO

MSOS
Advisorshares Trust - AdvisorShares Pure US Cannabis ETF
MSOX
Advisorshares Trust - AdvisorShares MSOS 2x Daily ETF
MJ
ETF Managers Group LLC - ETFMG Alternative Harvest ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toMSOS

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with MSOS using Composer

FAQ

MSOS is a US Equities ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business in the United States and in derivatives that have economic characteristics similar to such securities. The Fund primarily will invest in exchange-listed equity securities, including common and preferred stock, of mid- and small-capitalization companies, and in total return swaps intended to provide exposure to such companies.In addition to its investment in securities of companies that derive a significant portion of their revenue from the marijuana and hemp business, and in derivatives providing exposure to such securities, the Fund may invest in securities of companies that, in the opinion of the Advisor, may have current or future revenues from cannabis-related business or that are registered with the DEA specifically for the purpose of handling marijuana for lawful research and development of cannabis or cannabinoid-related products.

Yes, MSOS is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MSOS is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MSOS is 0.639%. This is the percent change in the value of MSOS over the most recent 1-month period. The 3-month return on MSOS is 0.4495%. This is the percent change in the value of MSOS over the most recent 3-month period.

The standard deviation of MSOS for the past year is 0.7441%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MSOS include SPHQ, SPHB, and DSI.

ETFs correlated to MSOS include MSOX, MJ, and LGRO.

ETFs that are inversely correlated to MSOS include SARK, FNGD, and TSLS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.