BEDZ vs. MSOS

Last updated Jun 24, 2026

BEDZ (AdvisorShares Hotel ETF) and MSOS (AdvisorShares Pure US Cannabis ETF) are both exchange-traded funds - BEDZ is a Consumer Discretionary Equities fund actively managed by AdvisorShares, while MSOS is a Small Cap Blend Equities fund actively managed by AdvisorShares. Both are actively managed. Over the past 5 years, BEDZ returned 8.91%/yr vs -35.42%/yr for MSOS. At a 0.29 correlation, their price movements are largely independent. BEDZ charges 0.99%/yr vs 0.74%/yr for MSOS.

Performance

BEDZ vs. MSOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Hotel ETF (BEDZ) and AdvisorShares Pure US Cannabis ETF (MSOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BEDZ achieves a 10.82% return, which is significantly higher than MSOS's -4.66% return.

BEDZ

• 1D: 0.15%
• 1M: 9.56%
• YTD: 10.82%
• 6M: 8.96%
• 1Y: 24.44%
• 3Y*: 16.30%
• 5Y*: 8.91%
• 10Y*: —

MSOS

• 1D: -3.85%
• 1M: 1.58%
• YTD: -4.66%
• 6M: -4.66%
• 1Y: 118.45%
• 3Y*: -6.53%
• 5Y*: -35.42%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BEDZ vs. MSOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BEDZ AdvisorShares Hotel ETF	10.82%	3.46%	18.31%	23.88%	-13.40%	7.95%
MSOS AdvisorShares Pure US Cannabis ETF	-4.66%	23.88%	-45.65%	0.29%	-72.68%	-32.78%

Correlation

The correlation between BEDZ and MSOS is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since Apr 21, 2021	0.29

BEDZ vs. MSOS - Sectors Allocation Comparison

Sectors	BEDZ	MSOS
Consumer Cyclical	52.0%	17.8%
Real Estate	38.2%	50.2%
Industrials	3.9%	29.6%
Communication Services	1.5%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	2.5%
Technology	-	-
Utilities	-	-

Return for Risk

BEDZ vs. MSOS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BEDZ

BEDZ Risk / Return Rank: 37
BEDZ Sharpe Ratio Rank: 36
BEDZ Sortino Ratio Rank: 38
BEDZ Omega Ratio Rank: 33
BEDZ Calmar Ratio Rank: 43
BEDZ Martin Ratio Rank: 34

MSOS

MSOS Risk / Return Rank: 39
MSOS Sharpe Ratio Rank: 31
MSOS Sortino Ratio Rank: 45
MSOS Omega Ratio Rank: 40
MSOS Calmar Ratio Rank: 47
MSOS Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BEDZ vs. MSOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Hotel ETF (BEDZ) and AdvisorShares Pure US Cannabis ETF (MSOS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BEDZ	MSOS	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.06	+0.15
Sortino ratio: Return per unit of downside risk	1.86	2.19	-0.33
Omega ratio: Gain probability vs. loss probability	1.21	1.26	-0.04
Calmar ratio: Return relative to maximum drawdown	2.04	2.25	-0.22
Martin ratio: Return relative to average drawdown	4.78	4.21	+0.57

BEDZ vs. MSOS - Sharpe Ratio Comparison

The current BEDZ Sharpe Ratio is 1.20, which is comparable to the MSOS Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of BEDZ and MSOS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BEDZ vs. MSOS - Drawdown Comparison

The maximum BEDZ drawdown since its inception was -29.70%, smaller than the maximum MSOS drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for BEDZ and MSOS.

Drawdown Indicators

	BEDZ	MSOS	Difference
Max Drawdown Largest peak-to-trough decline	-29.70%	-96.25%	+66.55%
Max Drawdown (1Y) Largest decline over 1 year	-12.06%	-52.91%	+40.85%
Max Drawdown (3Y) Largest decline over 3 years	-28.31%	-81.71%	+53.40%
Max Drawdown (5Y) Largest decline over 5 years	-29.70%	-94.95%	+65.25%
Current Drawdown Current decline from peak	-0.92%	-91.80%	+90.88%
Average Drawdown Average peak-to-trough decline	-8.00%	-71.87%	+63.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.13%	28.27%	-23.14%

Volatility

BEDZ vs. MSOS - Volatility Comparison

The current volatility for AdvisorShares Hotel ETF (BEDZ) is 4.98%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 22.12%. This indicates that BEDZ experiences smaller price fluctuations and is considered to be less risky than MSOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BEDZ	MSOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.98%	22.12%	-17.14%
Volatility (6M) Calculated over the trailing 6-month period	15.25%	57.66%	-42.41%
Volatility (1Y) Calculated over the trailing 1-year period	20.39%	112.86%	-92.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.89%	78.15%	-53.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.78%	74.00%	-49.22%

BEDZ vs. MSOS - Expense Ratio Comparison

BEDZ has a 0.99% expense ratio, which is higher than MSOS's 0.74% expense ratio.

Dividends

BEDZ vs. MSOS - Dividend Comparison

BEDZ's dividend yield for the trailing twelve months is around 2.08%, while MSOS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BEDZ AdvisorShares Hotel ETF	2.08%	2.31%	0.00%	1.67%	0.21%	0.36%
MSOS AdvisorShares Pure US Cannabis ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.27%

Frequently Asked Questions

Can I hold both BEDZ and MSOS in my portfolio?

BEDZ and MSOS have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BEDZ or MSOS?

MSOS has higher volatility (22.12%) compared to BEDZ (4.98%). In terms of maximum drawdown, BEDZ dropped -29.70% vs MSOS's -96.25%.

Which ETF is better, BEDZ or MSOS?

On 5-year performance, BEDZ leads with 8.91% vs -35.42% for MSOS. On fees, MSOS is cheaper at 0.74% per year. On volatility, BEDZ has been the lower-risk option at 4.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BEDZ or MSOS?

Over the 5-year period, BEDZ has performed better with a 8.91% return vs -35.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BEDZ or MSOS?

MSOS is cheaper with a 0.74% expense ratio, compared with 0.99% for BEDZ.

Which ETF pays a higher dividend yield, BEDZ or MSOS?

BEDZ has the higher dividend yield at 2.08%, compared with 0.00% for MSOS.

What is the main difference between BEDZ and MSOS?

BEDZ is categorized as Consumer Discretionary Equities, while MSOS is Small Cap Blend Equities. Their fees differ too: 0.99% for BEDZ and 0.74% for MSOS.

Which has better risk-adjusted returns?

BEDZ currently has the higher Sharpe Ratio (1.20 vs 1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.