MSOS vs. AVNT
MSOS (AdvisorShares Pure US Cannabis ETF) is Small Cap Blend Equities fund actively managed by AdvisorShares, while AVNT (Avient Corporation) is a stock. Over the past 5 years, MSOS returned -35.42%/yr vs -3.56%/yr for AVNT. At a 0.25 correlation, their price movements are largely independent.
Performance
MSOS vs. AVNT - Performance Comparison
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Returns By Period
In the year-to-date period, MSOS achieves a -4.66% return, which is significantly lower than AVNT's 16.29% return.
MSOS
- 1D
- -3.85%
- 1M
- 1.58%
- YTD
- -4.66%
- 6M
- -4.66%
- 1Y
- 118.45%
- 3Y*
- -6.53%
- 5Y*
- -35.42%
- 10Y*
- —
AVNT
- 1D
- -4.05%
- 1M
- 5.04%
- YTD
- 16.29%
- 6M
- 16.52%
- 1Y
- 9.73%
- 3Y*
- 0.20%
- 5Y*
- -3.56%
- 10Y*
- 2.63%
MSOS vs. AVNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MSOS AdvisorShares Pure US Cannabis ETF | -4.66% | 23.88% | -45.65% | 0.29% | -72.68% | -29.69% | 44.84% |
AVNT Avient Corporation | 16.29% | -21.17% | 0.62% | 26.38% | -38.23% | 41.33% | 52.30% |
Correlation
The correlation between MSOS and AVNT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2020 | 0.25 |
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Return for Risk
MSOS vs. AVNT — Risk / Return Rank
MSOS
AVNT
MSOS vs. AVNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure US Cannabis ETF (MSOS) and Avient Corporation (AVNT). 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.
| MSOS | AVNT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.08 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 0.36 | +1.89 |
| Martin ratioReturn relative to average drawdown | 4.21 | 0.73 | +3.48 |
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Drawdowns
MSOS vs. AVNT - Drawdown Comparison
The maximum MSOS drawdown since its inception was -96.25%, which is greater than AVNT's maximum drawdown of -89.80%. Use the drawdown chart below to compare losses from any high point for MSOS and AVNT.
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Drawdown Indicators
| MSOS | AVNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.25% | -89.80% | -6.45% |
Max Drawdown (1Y)Largest decline over 1 year | -52.91% | -26.89% | -26.02% |
Max Drawdown (3Y)Largest decline over 3 years | -81.71% | -46.88% | -34.83% |
Max Drawdown (5Y)Largest decline over 5 years | -94.95% | -52.94% | -42.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -76.89% | — |
Current DrawdownCurrent decline from peak | -91.80% | -33.57% | -58.23% |
Average DrawdownAverage peak-to-trough decline | -71.87% | -28.86% | -43.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.27% | 13.42% | +14.85% |
Volatility
MSOS vs. AVNT - Volatility Comparison
AdvisorShares Pure US Cannabis ETF (MSOS) has a higher volatility of 22.12% compared to Avient Corporation (AVNT) at 10.54%. This indicates that MSOS's price experiences larger fluctuations and is considered to be riskier than AVNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSOS | AVNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.12% | 10.54% | +11.58% |
Volatility (6M)Calculated over the trailing 6-month period | 57.66% | 24.18% | +33.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 112.86% | 33.83% | +79.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.15% | 36.98% | +41.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.00% | 39.87% | +34.13% |
Dividends
MSOS vs. AVNT - Dividend Comparison
MSOS has not paid dividends to shareholders, while AVNT's dividend yield for the trailing twelve months is around 3.06%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVNT Avient Corporation | 3.06% | 3.47% | 2.55% | 2.41% | 2.84% | 1.56% | 2.04% | 2.14% | 2.52% | 1.33% | 1.54% | 1.32% |
MSOS AdvisorShares Pure US Cannabis ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MSOS and AVNT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSOS has higher volatility (22.12%) compared to AVNT (10.54%). In terms of maximum drawdown, MSOS dropped -96.25% vs AVNT's -89.80%.
MSOS currently has the higher Sharpe Ratio (1.06 vs 0.29), 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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