MJUS vs. MSOS
Compare and contrast key facts about ETFMG U.S. Alternative Harvest ETF (MJUS) and AdvisorShares Pure US Cannabis ETF (MSOS).
MJUS and MSOS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MJUS is an actively managed fund by ETFMG. It was launched on May 12, 2021. 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: MJUS or MSOS.
Performance
MJUS vs. MSOS - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with MJUS having a -33.77% return and MSOS slightly higher at -33.24%.
MJUS
-33.77%
-31.79%
-46.98%
-32.56%
N/A
N/A
MSOS
-33.24%
-34.73%
-49.08%
-29.52%
N/A
N/A
Key characteristics
| MJUS | MSOS | |
|---|---|---|
| Sharpe Ratio | -0.47 | -0.40 |
| Sortino Ratio | -0.28 | -0.11 |
| Omega Ratio | 0.96 | 0.99 |
| Calmar Ratio | -0.39 | -0.35 |
| Martin Ratio | -1.28 | -1.14 |
| Ulcer Index | 27.35% | 28.34% |
| Daily Std Dev | 74.60% | 80.43% |
| Max Drawdown | -90.90% | -92.64% |
| Current Drawdown | -89.67% | -91.50% |
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MJUS vs. MSOS - Expense Ratio Comparison
MJUS has a 0.75% expense ratio, which is higher than MSOS's 0.74% expense ratio.
Correlation
The correlation between MJUS and MSOS is 0.89, 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.
Risk-Adjusted Performance
MJUS vs. MSOS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG U.S. Alternative Harvest ETF (MJUS) 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
MJUS vs. MSOS - Dividend Comparison
MJUS's dividend yield for the trailing twelve months is around 7.18%, while MSOS has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
MJUS ETFMG U.S. Alternative Harvest ETF | 7.18% | 0.00% | 0.00% | 0.00% |
MSOS AdvisorShares Pure US Cannabis ETF | 0.00% | 0.00% | 0.00% | 0.27% |
Drawdowns
MJUS vs. MSOS - Drawdown Comparison
The maximum MJUS drawdown since its inception was -90.90%, roughly equal to the maximum MSOS drawdown of -92.64%. Use the drawdown chart below to compare losses from any high point for MJUS and MSOS. For additional features, visit the drawdowns tool.
Volatility
MJUS vs. MSOS - Volatility Comparison
The current volatility for ETFMG U.S. Alternative Harvest ETF (MJUS) is 41.48%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 45.83%. This indicates that MJUS 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.