GTBIF vs. MSOS

Last updated Jun 3, 2026

GTBIF (Green Thumb Industries Inc) is a stock, while MSOS (AdvisorShares Pure US Cannabis ETF) is Small Cap Blend Equities fund actively managed by AdvisorShares. Over the past 5 years, GTBIF returned -23.25%/yr vs -34.22%/yr for MSOS. Their correlation of 0.84 suggests significant overlap in exposure.

Performance

GTBIF vs. MSOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Green Thumb Industries Inc (GTBIF) 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, GTBIF achieves a -0.20% return, which is significantly lower than MSOS's 6.99% return.

GTBIF

• 1D: -2.55%
• 1M: 0.12%
• YTD: -0.20%
• 6M: 25.90%
• 1Y: 48.52%
• 3Y*: 2.49%
• 5Y*: -23.25%
• 10Y*: 84.66%

MSOS

• 1D: -1.17%
• 1M: 0.20%
• YTD: 6.99%
• 6M: 36.86%
• 1Y: 106.12%
• 3Y*: -1.97%
• 5Y*: -34.22%
• 10Y*: —

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

GTBIF vs. MSOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GTBIF Green Thumb Industries Inc	-0.20%	-1.64%	-27.64%	30.67%	-61.01%	-9.55%	74.50%
MSOS AdvisorShares Pure US Cannabis ETF	6.99%	23.88%	-45.65%	0.29%	-72.68%	-29.69%	47.95%

Correlation

The correlation between GTBIF and MSOS is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020	0.84

The correlation between GTBIF and MSOS has been stable across timeframes, ranging from 0.84 to 0.90 - a consistent structural relationship.

Return for Risk

GTBIF vs. MSOS — Risk / Return Rank

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

GTBIF

GTBIF Risk / Return Rank: 62
GTBIF Sharpe Ratio Rank: 58
GTBIF Sortino Ratio Rank: 66
GTBIF Omega Ratio Rank: 61
GTBIF Calmar Ratio Rank: 65
GTBIF Martin Ratio Rank: 62

MSOS

MSOS Risk / Return Rank: 35
MSOS Sharpe Ratio Rank: 27
MSOS Sortino Ratio Rank: 41
MSOS Omega Ratio Rank: 37
MSOS Calmar Ratio Rank: 42
MSOS Martin Ratio Rank: 28

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.

GTBIF vs. MSOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Green Thumb Industries Inc (GTBIF) 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.

	GTBIF	MSOS	Difference
Sharpe ratio Return per unit of total volatility	0.51	0.95	-0.45
Sortino ratio Return per unit of downside risk	1.56	2.10	-0.54
Omega ratio Gain probability vs. loss probability	1.18	1.25	-0.07
Calmar ratio Return relative to maximum drawdown	1.26	2.07	-0.81
Martin ratio Return relative to average drawdown	2.47	3.95	-1.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GTBIF vs. MSOS - Sharpe Ratio Comparison

The current GTBIF Sharpe Ratio is 0.51, which is lower than the MSOS Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of GTBIF 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.

Sharpe Ratios by Period

	GTBIF	MSOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	0.95	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.33	-0.44	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	-0.33	+0.33

Drawdowns

GTBIF vs. MSOS - Drawdown Comparison

The maximum GTBIF drawdown since its inception was -99.97%, roughly equal to the maximum MSOS drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for GTBIF and MSOS.

Drawdown Indicators

	GTBIF	MSOS	Difference
Max Drawdown Largest peak-to-trough decline	-99.97%	-96.25%	-3.72%
Max Drawdown (1Y) Largest decline over 1 year	-42.24%	-52.91%	+10.67%
Max Drawdown (3Y) Largest decline over 3 years	-68.66%	-81.71%	+13.05%
Max Drawdown (5Y) Largest decline over 5 years	-85.71%	-94.99%	+9.28%
Max Drawdown (10Y) Largest decline over 10 years	-92.86%	—	—
Current Drawdown Current decline from peak	-79.14%	-90.80%	+11.66%
Average Drawdown Average peak-to-trough decline	-78.99%	-71.70%	-7.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.45%	27.76%	-6.31%

Volatility

GTBIF vs. MSOS - Volatility Comparison

The current volatility for Green Thumb Industries Inc (GTBIF) is 15.17%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 19.84%. This indicates that GTBIF 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

	GTBIF	MSOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.17%	19.84%	-4.67%
Volatility (6M) Calculated over the trailing 6-month period	69.64%	80.95%	-11.31%
Volatility (1Y) Calculated over the trailing 1-year period	96.46%	111.81%	-15.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.81%	77.77%	-5.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46,691.27%	74.02%	+46,617.25%

Dividends

GTBIF vs. MSOS - Dividend Comparison

Neither GTBIF nor MSOS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
GTBIF Green Thumb Industries Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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 GTBIF and MSOS in my portfolio?

GTBIF and MSOS have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTBIF or MSOS?

MSOS has higher volatility (19.84%) compared to GTBIF (15.17%). In terms of maximum drawdown, GTBIF dropped -99.97% vs MSOS's -96.25%.

Which has better risk-adjusted returns?

MSOS currently has the higher Sharpe Ratio (0.95 vs 0.51), 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.