MSOS vs. SNDL
Compare and contrast key facts about AdvisorShares Pure US Cannabis ETF (MSOS) and Sundial Growers Inc. (SNDL).
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: MSOS or SNDL.
Key characteristics
| MSOS | SNDL | |
|---|---|---|
| YTD Return | -2.00% | 26.22% |
| 1Y Return | -23.50% | -4.61% |
| 3Y Return (Ann) | -38.41% | -33.76% |
| Sharpe Ratio | -0.25 | -0.08 |
| Daily Std Dev | 73.63% | 70.74% |
| Max Drawdown | -91.24% | -99.04% |
| Current Drawdown | -87.52% | -98.41% |
Correlation
The correlation between MSOS and SNDL is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MSOS vs. SNDL - Performance Comparison
In the year-to-date period, MSOS achieves a -2.00% return, which is significantly lower than SNDL's 26.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MSOS vs. SNDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure US Cannabis ETF (MSOS) and Sundial Growers Inc. (SNDL). 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
MSOS vs. SNDL - Dividend Comparison
Neither MSOS nor SNDL has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
MSOS AdvisorShares Pure US Cannabis ETF | 0.00% | 0.00% | 0.00% | 0.27% |
SNDL Sundial Growers Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MSOS vs. SNDL - Drawdown Comparison
The maximum MSOS drawdown since its inception was -91.24%, smaller than the maximum SNDL drawdown of -99.04%. Use the drawdown chart below to compare losses from any high point for MSOS and SNDL. For additional features, visit the drawdowns tool.
Volatility
MSOS vs. SNDL - Volatility Comparison
AdvisorShares Pure US Cannabis ETF (MSOS) has a higher volatility of 21.43% compared to Sundial Growers Inc. (SNDL) at 11.39%. This indicates that MSOS's price experiences larger fluctuations and is considered to be riskier than SNDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.