PortfoliosLab logo
FPX vs. MSOS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FPX and MSOS is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

FPX vs. MSOS - Performance Comparison

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

Loading data...

Key characteristics

Sharpe Ratio

FPX:

0.97

MSOS:

-0.96

Sortino Ratio

FPX:

1.41

MSOS:

-1.72

Omega Ratio

FPX:

1.19

MSOS:

0.79

Calmar Ratio

FPX:

0.96

MSOS:

-0.74

Martin Ratio

FPX:

2.91

MSOS:

-1.41

Ulcer Index

FPX:

10.27%

MSOS:

50.36%

Daily Std Dev

FPX:

32.18%

MSOS:

74.31%

Max Drawdown

FPX:

-56.29%

MSOS:

-96.20%

Current Drawdown

FPX:

-6.73%

MSOS:

-95.10%

Returns By Period

In the year-to-date period, FPX achieves a 12.01% return, which is significantly higher than MSOS's -29.13% return.


FPX

YTD

12.01%

1M

24.26%

6M

7.96%

1Y

30.99%

5Y*

12.68%

10Y*

10.03%

MSOS

YTD

-29.13%

1M

21.08%

6M

-42.80%

1Y

-71.46%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


FPX vs. MSOS - Expense Ratio Comparison

FPX has a 0.57% expense ratio, which is lower than MSOS's 0.74% expense ratio.


Risk-Adjusted Performance

FPX vs. MSOS — Risk-Adjusted Performance Rank

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

FPX
The Risk-Adjusted Performance Rank of FPX is 7777
Overall Rank
The Sharpe Ratio Rank of FPX is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of FPX is 7878
Sortino Ratio Rank
The Omega Ratio Rank of FPX is 7777
Omega Ratio Rank
The Calmar Ratio Rank of FPX is 7979
Calmar Ratio Rank
The Martin Ratio Rank of FPX is 7070
Martin Ratio Rank

MSOS
The Risk-Adjusted Performance Rank of MSOS is 00
Overall Rank
The Sharpe Ratio Rank of MSOS is 00
Sharpe Ratio Rank
The Sortino Ratio Rank of MSOS is 00
Sortino Ratio Rank
The Omega Ratio Rank of MSOS is 00
Omega Ratio Rank
The Calmar Ratio Rank of MSOS is 00
Calmar Ratio Rank
The Martin Ratio Rank of MSOS is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FPX vs. MSOS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust US Equity Opportunities ETF (FPX) 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.


The current FPX Sharpe Ratio is 0.97, which is higher than the MSOS Sharpe Ratio of -0.96. The chart below compares the historical Sharpe Ratios of FPX and MSOS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

FPX vs. MSOS - Dividend Comparison

FPX's dividend yield for the trailing twelve months is around 0.08%, while MSOS has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
FPX
First Trust US Equity Opportunities ETF
0.08%0.09%0.27%1.08%0.14%0.28%0.67%0.88%0.68%0.77%0.62%0.79%
MSOS
AdvisorShares Pure US Cannabis ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FPX vs. MSOS - Drawdown Comparison

The maximum FPX drawdown since its inception was -56.29%, smaller than the maximum MSOS drawdown of -96.20%. Use the drawdown chart below to compare losses from any high point for FPX and MSOS. For additional features, visit the drawdowns tool.


Loading data...

Volatility

FPX vs. MSOS - Volatility Comparison

The current volatility for First Trust US Equity Opportunities ETF (FPX) is 9.56%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 29.60%. This indicates that FPX 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.


Loading data...