CNBS vs. MSOS
Compare and contrast key facts about Amplify Seymour Cannabis ETF (CNBS) and AdvisorShares Pure US Cannabis ETF (MSOS).
CNBS and MSOS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNBS is an actively managed fund by Amplify Investments. It was launched on Jul 23, 2019. MSOS is an actively managed fund by AdvisorShares. It was launched on Sep 1, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNBS or MSOS.
Key characteristics
| CNBS | MSOS | |
|---|---|---|
| YTD Return | 20.14% | 28.67% |
| 1Y Return | 29.32% | 63.11% |
| 3Y Return (Ann) | -42.49% | -40.55% |
| Sharpe Ratio | 0.60 | 0.86 |
| Daily Std Dev | 50.39% | 71.58% |
| Max Drawdown | -91.40% | -91.24% |
| Current Drawdown | -87.14% | -83.61% |
Correlation
The correlation between CNBS and MSOS is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CNBS vs. MSOS - Performance Comparison
In the year-to-date period, CNBS achieves a 20.14% return, which is significantly lower than MSOS's 28.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CNBS vs. MSOS - Expense Ratio Comparison
CNBS has a 0.75% expense ratio, which is higher than MSOS's 0.74% expense ratio.
Risk-Adjusted Performance
CNBS vs. MSOS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Seymour Cannabis ETF (CNBS) 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.
Dividends
CNBS vs. MSOS - Dividend Comparison
Neither CNBS nor MSOS has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
CNBS Amplify Seymour Cannabis ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.58% | 0.58% |
MSOS AdvisorShares Pure US Cannabis ETF | 0.00% | 0.00% | 0.00% | 0.27% | 0.00% | 0.00% |
Drawdowns
CNBS vs. MSOS - Drawdown Comparison
The maximum CNBS drawdown since its inception was -91.40%, roughly equal to the maximum MSOS drawdown of -91.24%. Use the drawdown chart below to compare losses from any high point for CNBS and MSOS. For additional features, visit the drawdowns tool.
Volatility
CNBS vs. MSOS - Volatility Comparison
The current volatility for Amplify Seymour Cannabis ETF (CNBS) is 16.04%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 19.73%. This indicates that CNBS 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.