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CNBS vs. DES
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CNBS vs. DES

Last updated Jun 26, 2026

CNBS (Amplify Seymour Cannabis ETF) and DES (WisdomTree U.S. SmallCap Dividend Fund) are both exchange-traded funds - CNBS is a Cannabis fund actively managed by Amplify, while DES is a Small Cap Blend Equities fund tracking the WisdomTree SmallCap Dividend (TR). CNBS is actively managed, while DES is passively managed. Over the past 5 years, CNBS returned -33.59%/yr vs 7.61%/yr for DES. At a 0.39 correlation, their price movements are largely independent. CNBS charges 0.75%/yr vs 0.38%/yr for DES.

Performance

CNBS vs. DES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Seymour Cannabis ETF (CNBS) and WisdomTree U.S. SmallCap Dividend Fund (DES). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CNBS achieves a -4.24% return, which is significantly lower than DES's 21.85% return.

CNBS

1D
4.39%
1M
-0.51%
YTD
-4.24%
6M
-5.64%
1Y
82.94%
3Y*
-3.50%
5Y*
-33.59%
10Y*
—

DES

1D
1.11%
1M
4.18%
YTD
21.85%
6M
20.16%
1Y
32.15%
3Y*
16.20%
5Y*
7.61%
10Y*
9.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CNBS vs. DES - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
CNBS
Amplify Seymour Cannabis ETF		-4.24%15.33%-29.41%-16.11%-63.98%-19.02%31.94%-45.72%
DES
WisdomTree U.S. SmallCap Dividend Fund		21.85%0.25%9.93%16.50%-10.96%26.51%-4.26%9.51%

Correlation

The correlation between CNBS and DES is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (5Y)
Calculated over the trailing 5-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Jul 23, 2019

0.39

The correlation between CNBS and DES shifts across timeframes, from 0.28 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

CNBS vs. DES - Sectors Allocation Comparison

Sectors
CNBS
DES

Healthcare

63.1%
2.0%

Real Estate

13.8%
10.1%

Technology

10.7%
6.0%

Consumer Defensive

7.0%
4.1%

Consumer Cyclical

3.4%
16.0%

Financial Services

1.9%
24.8%

Industrials

0.1%
13.4%

Basic Materials

-

6.3%

Communication Services

-

2.8%

Energy

-

10.2%

Utilities

-

4.2%

Healthcare

CNBS
63.1%
DES
2.0%

Real Estate

CNBS
13.8%
DES
10.1%

Technology

CNBS
10.7%
DES
6.0%

Consumer Defensive

CNBS
7.0%
DES
4.1%

Consumer Cyclical

CNBS
3.4%
DES
16.0%

Financial Services

CNBS
1.9%
DES
24.8%

Industrials

CNBS
0.1%
DES
13.4%

Basic Materials

CNBS

-

DES
6.3%

Communication Services

CNBS

-

DES
2.8%

Energy

CNBS

-

DES
10.2%

Utilities

CNBS

-

DES
4.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Amplify Seymour Cannabis ETF

WisdomTree U.S. SmallCap Dividend Fund

Often compared with CNBS:
CNBS vs. MSOSCNBS vs. MJCNBS vs. YOLOCNBS vs. MSOXCNBS vs. VTCNBS vs. QQQCNBS vs. NVDY
Often compared with DES:
DES vs. FDVVDES vs. AVUVDES vs. EESDES vs. IWNDES vs. SCHDDES vs. VBRDES vs. VXUS

Return for Risk

CNBS vs. DES — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CNBS
CNBS Risk / Return Rank: 3333
Overall Rank
CNBS Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
CNBS Sortino Ratio Rank: 4242
Sortino Ratio Rank
CNBS Omega Ratio Rank: 3838
Omega Ratio Rank
CNBS Calmar Ratio Rank: 3636
Calmar Ratio Rank
CNBS Martin Ratio Rank: 2424
Martin Ratio Rank
DES
DES Risk / Return Rank: 7575
Overall Rank
DES Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
DES Sortino Ratio Rank: 7575
Sortino Ratio Rank
DES Omega Ratio Rank: 6868
Omega Ratio Rank
DES Calmar Ratio Rank: 8686
Calmar Ratio Rank
DES Martin Ratio Rank: 7474
Martin Ratio Rank
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.

CNBS vs. DES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Seymour Cannabis ETF (CNBS) and WisdomTree U.S. SmallCap Dividend Fund (DES). 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.

CNBSDESDifference
Sharpe ratioReturn per unit of total volatility
0.79
1.97

-1.18

Sortino ratioReturn per unit of downside risk
1.93
2.90

-0.97

Omega ratioGain probability vs. loss probability

1.23

1.35

-0.12

Calmar ratioReturn relative to maximum drawdown

1.63

4.23

-2.60

Martin ratioReturn relative to average drawdown

2.91

12.11

-9.20

CNBS vs. DES - Sharpe Ratio Comparison

The current CNBS Sharpe Ratio is 0.79, which is lower than the DES Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of CNBS and DES, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CNBS vs. DES - Drawdown Comparison

The maximum CNBS drawdown since its inception was -95.71%, which is greater than DES's maximum drawdown of -65.48%. Use the drawdown chart below to compare losses from any high point for CNBS and DES.

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Drawdown Indicators

CNBSDESDifference

Max Drawdown

Largest peak-to-trough decline

-95.71%

-65.48%

-30.23%

Max Drawdown (1Y)

Largest decline over 1 year

-51.25%

-7.64%

-43.61%

Max Drawdown (3Y)

Largest decline over 3 years

-73.41%

-25.16%

-48.25%

Max Drawdown (5Y)

Largest decline over 5 years

-93.44%

-25.16%

-68.28%

Max Drawdown (10Y)

Largest decline over 10 years

—

-45.65%

—

Current Drawdown

Current decline from peak

-91.66%

0.00%

-91.66%

Average Drawdown

Average peak-to-trough decline

-71.40%

-9.65%

-61.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

28.58%

2.66%

+25.92%

Volatility

CNBS vs. DES - Volatility Comparison

Amplify Seymour Cannabis ETF (CNBS) has a higher volatility of 18.63% compared to WisdomTree U.S. SmallCap Dividend Fund (DES) at 4.00%. This indicates that CNBS's price experiences larger fluctuations and is considered to be riskier than DES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CNBSDESDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.63%

4.00%

+14.63%

Volatility (6M)

Calculated over the trailing 6-month period

52.96%

11.17%

+41.79%

Volatility (1Y)

Calculated over the trailing 1-year period

106.01%

16.43%

+89.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

65.06%

19.52%

+45.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

61.34%

21.95%

+39.39%

CNBS vs. DES - Expense Ratio Comparison

CNBS has a 0.75% expense ratio, which is higher than DES's 0.38% expense ratio.

Dividends

CNBS vs. DES - Dividend Comparison

CNBS has not paid dividends to shareholders, while DES's dividend yield for the trailing twelve months is around 2.27%.

PositionTTM20252024202320222021202020192018201720162015
CNBS
Amplify Seymour Cannabis ETF		0.00%0.00%43.54%0.00%0.00%0.00%0.58%0.58%0.00%0.00%0.00%0.00%
DES
WisdomTree U.S. SmallCap Dividend Fund		2.27%2.85%2.81%2.65%2.89%2.31%2.75%2.68%3.65%2.89%2.70%3.09%

Frequently Asked Questions

CNBS and DES have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CNBS has higher volatility (18.63%) compared to DES (4.00%). In terms of maximum drawdown, CNBS dropped -95.71% vs DES's -65.48%.

On 5-year performance, DES leads with 7.61% vs -33.59% for CNBS. On fees, DES is cheaper at 0.38% per year. On volatility, DES has been the lower-risk option at 4.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DES has performed better with a 7.61% return vs -33.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DES is cheaper with a 0.38% expense ratio, compared with 0.75% for CNBS.

DES has the higher dividend yield at 2.27%, compared with 0.00% for CNBS.

CNBS is categorized as Cannabis, while DES is Small Cap Blend Equities. They also come from different issuers: Amplify and WisdomTree. Their fees differ too: 0.75% for CNBS and 0.38% for DES.

DES currently has the higher Sharpe Ratio (1.97 vs 0.79), 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.

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