MSOS vs. SHV
MSOS (AdvisorShares Pure US Cannabis ETF) and SHV (iShares 0-1 Year Treasury Bond ETF) are both exchange-traded funds - MSOS is a Small Cap Blend Equities fund actively managed by AdvisorShares, while SHV is a Government Bonds fund tracking the ICE Short US Treasury Securities Index. MSOS is actively managed, while SHV is passively managed. Over the past 5 years, MSOS returned -35.03%/yr vs 3.31%/yr for SHV. At a correlation of -0.04, they often move in opposite directions. MSOS charges 0.74%/yr vs 0.15%/yr for SHV.
Performance
MSOS vs. SHV - Performance Comparison
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Returns By Period
In the year-to-date period, MSOS achieves a 0.42% return, which is significantly lower than SHV's 1.42% return.
MSOS
- 1D
- -6.14%
- 1M
- -2.07%
- YTD
- 0.42%
- 6M
- 28.46%
- 1Y
- 99.16%
- 3Y*
- -4.01%
- 5Y*
- -35.03%
- 10Y*
- —
SHV
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.42%
- 6M
- 1.75%
- 1Y
- 3.90%
- 3Y*
- 4.64%
- 5Y*
- 3.31%
- 10Y*
- 2.23%
MSOS vs. SHV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MSOS AdvisorShares Pure US Cannabis ETF | 0.42% | 23.88% | -45.65% | 0.29% | -72.68% | -29.69% | 47.95% |
SHV iShares 0-1 Year Treasury Bond ETF | 1.42% | 4.21% | 5.12% | 5.04% | 0.94% | -0.10% | 0.00% |
Correlation
The correlation between MSOS and SHV is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020 | -0.04 |
The correlation between MSOS and SHV shifts across timeframes, from -0.14 (1 year) to -0.02 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MSOS vs. SHV — Risk / Return Rank
MSOS
SHV
MSOS vs. SHV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure US Cannabis ETF (MSOS) and iShares 0-1 Year Treasury Bond ETF (SHV). 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.
| MSOS | SHV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.60 | ||
| Sortino ratioReturn per unit of downside risk | -147.51 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 53.77 | -52.53 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 431.38 | -429.50 |
| Martin ratioReturn relative to average drawdown | 3.58 | 2,419.80 | -2,416.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MSOS | SHV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 19.49 | -18.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.45 | 11.56 | -12.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 8.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.34 | 4.50 | -4.84 |
Drawdowns
MSOS vs. SHV - Drawdown Comparison
The maximum MSOS drawdown since its inception was -96.25%, which is greater than SHV's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for MSOS and SHV.
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Drawdown Indicators
| MSOS | SHV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.25% | -0.45% | -95.80% |
Max Drawdown (1Y)Largest decline over 1 year | -52.91% | -0.01% | -52.90% |
Max Drawdown (3Y)Largest decline over 3 years | -81.71% | -0.03% | -81.68% |
Max Drawdown (5Y)Largest decline over 5 years | -94.99% | -0.40% | -94.59% |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.45% | — |
Current DrawdownCurrent decline from peak | -91.37% | 0.00% | -91.37% |
Average DrawdownAverage peak-to-trough decline | -71.71% | -0.03% | -71.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.78% | 0.00% | +27.78% |
Volatility
MSOS vs. SHV - Volatility Comparison
AdvisorShares Pure US Cannabis ETF (MSOS) has a higher volatility of 20.45% compared to iShares 0-1 Year Treasury Bond ETF (SHV) at 0.05%. This indicates that MSOS's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSOS | SHV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.45% | 0.05% | +20.40% |
Volatility (6M)Calculated over the trailing 6-month period | 80.61% | 0.12% | +80.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 112.00% | 0.20% | +111.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.81% | 0.29% | +77.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.04% | 0.28% | +73.76% |
MSOS vs. SHV - Expense Ratio Comparison
MSOS has a 0.74% expense ratio, which is higher than SHV's 0.15% expense ratio.
Dividends
MSOS vs. SHV - Dividend Comparison
MSOS has not paid dividends to shareholders, while SHV's dividend yield for the trailing twelve months is around 3.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SHV iShares 0-1 Year Treasury Bond ETF | 3.83% | 4.09% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% |
Frequently Asked Questions
MSOS and SHV have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSOS has higher volatility (20.45%) compared to SHV (0.05%). In terms of maximum drawdown, MSOS dropped -96.25% vs SHV's -0.45%.
On 5-year performance, SHV leads with 3.31% vs -35.03% for MSOS. On fees, SHV is cheaper at 0.15% per year. On volatility, SHV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SHV has performed better with a 3.31% return vs -35.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SHV is cheaper with a 0.15% expense ratio, compared with 0.74% for MSOS.
SHV has the higher dividend yield at 3.83%, compared with 0.00% for MSOS.
MSOS is categorized as Small Cap Blend Equities, while SHV is Government Bonds. They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 0.74% for MSOS and 0.15% for SHV.
SHV currently has the higher Sharpe Ratio (19.49 vs 0.89), 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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