MSOX vs. YOLO

Last updated Aug 2, 2026

MSOX (Advisorshares Msos 2x Daily ETF) and YOLO (AdvisorShares Pure Cannabis ETF) are both exchange-traded funds - MSOX is a Leveraged Equities fund actively managed by AdvisorShares, while YOLO is a Cannabis fund actively managed by AdvisorShares. Both are actively managed. Over the past 3 years, MSOX returned -66.81%/yr vs -1.05%/yr for YOLO. Their correlation of 0.83 means they have usually moved in the same direction. MSOX charges 0.95%/yr vs 0.75%/yr for YOLO.

Performance

MSOX vs. YOLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advisorshares Msos 2x Daily ETF (MSOX) and AdvisorShares Pure Cannabis ETF (YOLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSOX achieves a -49.55% return, which is significantly lower than YOLO's -23.04% return.

MSOX

• 1D: 0.44%
• 1M: -27.56%
• 6M: -30.25%
• YTD: -49.55%
• 1Y: -44.33%
• 3Y*: -66.81%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -74.69%

YOLO

• 1D: -0.90%
• 1M: -13.02%
• 6M: -12.42%
• YTD: -23.04%
• 1Y: 14.01%
• 3Y*: -1.05%
• 5Y*: -31.98%
• 10Y*: —
• ALL TIME*: -25.59%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MSOX Advisorshares Msos 2x Daily ETF	$3.60M	$4.46M	$7.39M
YOLO AdvisorShares Pure Cannabis ETF	$65.57K	$75.89K	$99.07K

MSOX vs. YOLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MSOX Advisorshares Msos 2x Daily ETF	-49.55%	-51.20%	-87.32%	-39.26%	-76.29%
YOLO AdvisorShares Pure Cannabis ETF	-23.04%	36.36%	-17.81%	-15.10%	-33.06%

Correlation

The correlation between MSOX and YOLO is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.85
Correlation (3Y) Balances recent behavior with more history.	0.83
Correlation (All Time) Calculated using the full available price history since Aug 24, 2022	0.83

The correlation between MSOX and YOLO has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

MSOX vs. YOLO - Sectors Allocation Comparison

Sectors	MSOX	YOLO
Financial Services	184.5%	25.1%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	9.5%
Consumer Defensive	-	13.8%
Energy	-	-
Healthcare	-	51.4%
Industrials	-	-
Real Estate	-	0.7%
Technology	-	-
Utilities	-	-

Return for Risk

MSOX vs. YOLO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MSOX

MSOX Risk / Return Rank: 18
MSOX Sharpe Ratio Rank: 8
MSOX Sortino Ratio Rank: 38
MSOX Omega Ratio Rank: 33
MSOX Calmar Ratio Rank: 6
MSOX Martin Ratio Rank: 7

YOLO

YOLO Risk / Return Rank: 21
YOLO Sharpe Ratio Rank: 16
YOLO Sortino Ratio Rank: 27
YOLO Omega Ratio Rank: 26
YOLO Calmar Ratio Rank: 19
YOLO Martin Ratio Rank: 16

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MSOX vs. YOLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advisorshares Msos 2x Daily ETF (MSOX) and AdvisorShares Pure Cannabis ETF (YOLO). 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.

	MSOX	YOLO	Difference
Sharpe ratio: Return per unit of total volatility	-0.16	0.24	-0.40
Sortino ratio: Return per unit of downside risk	1.40	1.02	+0.38
Omega ratio: Gain probability vs. loss probability	1.16	1.12	+0.04
Calmar ratio: Return relative to maximum drawdown	-0.41	0.44	-0.85
Martin ratio: Return relative to average drawdown	-0.56	0.70	-1.26

MSOX vs. YOLO - Sharpe Ratio Comparison

The current MSOX Sharpe Ratio is -0.16, which is lower than the YOLO Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of MSOX and YOLO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MSOX vs. YOLO - Drawdown Comparison

The maximum MSOX drawdown since its inception was -99.75%, which is greater than YOLO's maximum drawdown of -94.68%. Use the drawdown chart below to compare losses from any high point for MSOX and YOLO.

Drawdown Indicators

	MSOX	YOLO	Difference
Max Drawdown Largest peak-to-trough decline	-99.75%	-94.68%	-5.07%
Max Drawdown (1Y) Largest decline over 1 year	-84.89%	-41.57%	-43.32%
Max Drawdown (3Y) Largest decline over 3 years	-98.83%	-66.45%	-32.38%
Max Drawdown (5Y) Largest decline over 5 years	—	-91.67%	—
Current Drawdown Current decline from peak	-99.67%	-91.00%	-8.67%
Average Drawdown Average peak-to-trough decline	-89.19%	-69.37%	-19.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	62.34%	25.76%	+36.58%

Volatility

MSOX vs. YOLO - Volatility Comparison

Advisorshares Msos 2x Daily ETF (MSOX) has a higher volatility of 25.51% compared to AdvisorShares Pure Cannabis ETF (YOLO) at 13.99%. This indicates that MSOX's price experiences larger fluctuations and is considered to be riskier than YOLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSOX	YOLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.51%	13.99%	+11.52%
Volatility (6M) Calculated over the trailing 6-month period	110.30%	39.12%	+71.18%
Volatility (1Y) Calculated over the trailing 1-year period	217.82%	75.11%	+142.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	166.50%	53.97%	+112.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	166.50%	51.23%	+115.27%

MSOX vs. YOLO - Expense Ratio Comparison

MSOX has a 0.95% expense ratio, which is higher than YOLO's 0.75% expense ratio.

Dividends

MSOX vs. YOLO - Dividend Comparison

Neither MSOX nor YOLO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
MSOX Advisorshares Msos 2x Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YOLO AdvisorShares Pure Cannabis ETF	0.00%	0.00%	3.57%	1.17%	0.55%	3.93%	2.03%	4.52%

Frequently Asked Questions

Can I hold both MSOX and YOLO in my portfolio?

MSOX and YOLO have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSOX or YOLO?

MSOX has higher volatility (25.51%) compared to YOLO (13.99%). In terms of maximum drawdown, MSOX dropped -99.75% vs YOLO's -94.68%.

Which ETF is better, MSOX or YOLO?

On 3-year performance, YOLO leads with -1.05% vs -66.81% for MSOX. On fees, YOLO is cheaper at 0.75% per year. On volatility, YOLO has been the lower-risk option at 13.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSOX or YOLO?

Over the 3-year period, YOLO has performed better with a -1.05% return vs -66.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSOX or YOLO?

YOLO is cheaper with a 0.75% expense ratio, compared with 0.95% for MSOX.

Which ETF pays a higher dividend yield, MSOX or YOLO?

MSOX and YOLO have nearly identical dividend yields, around 0.00%.

What is the main difference between MSOX and YOLO?

MSOX is categorized as Leveraged Equities, while YOLO is Cannabis. Their fees differ too: 0.95% for MSOX and 0.75% for YOLO.

Which has better risk-adjusted returns?

YOLO currently has the higher Sharpe Ratio (0.24 vs -0.16), 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.