MSOX vs. ^GSPC
Compare and contrast key facts about Advisorshares Msos 2x Daily ETF (MSOX) and S&P 500 (^GSPC).
MSOX is an actively managed fund by AdvisorShares. It was launched on Aug 23, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSOX or ^GSPC.
Correlation
The correlation between MSOX and ^GSPC is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MSOX vs. ^GSPC - Performance Comparison
Key characteristics
MSOX:
-0.62
^GSPC:
0.46
MSOX:
-1.61
^GSPC:
0.77
MSOX:
0.80
^GSPC:
1.11
MSOX:
-0.96
^GSPC:
0.47
MSOX:
-1.22
^GSPC:
1.94
MSOX:
78.09%
^GSPC:
4.61%
MSOX:
153.77%
^GSPC:
19.44%
MSOX:
-99.63%
^GSPC:
-56.78%
MSOX:
-99.38%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, MSOX achieves a -54.14% return, which is significantly lower than ^GSPC's -6.06% return.
MSOX
-54.14%
1.45%
-91.78%
-95.44%
N/A
N/A
^GSPC
-6.06%
-2.95%
-4.87%
8.34%
13.98%
10.15%
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Risk-Adjusted Performance
MSOX vs. ^GSPC — Risk-Adjusted Performance Rank
MSOX
^GSPC
MSOX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Advisorshares Msos 2x Daily ETF (MSOX) and S&P 500 (^GSPC). 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.
Drawdowns
MSOX vs. ^GSPC - Drawdown Comparison
The maximum MSOX drawdown since its inception was -99.63%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MSOX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MSOX vs. ^GSPC - Volatility Comparison
Advisorshares Msos 2x Daily ETF (MSOX) has a higher volatility of 50.21% compared to S&P 500 (^GSPC) at 14.23%. This indicates that MSOX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.