QPX vs. MSOS

Last updated Apr 1, 2026

Compare and contrast key facts about AdvisorShares Q Dynamic Growth ETF (QPX) and AdvisorShares Pure US Cannabis ETF (MSOS).

QPX and MSOS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QPX is an actively managed fund by AdvisorShares. It was launched on Dec 28, 2020. MSOS is an actively managed fund by AdvisorShares. It was launched on Sep 1, 2020.

Performance

QPX vs. MSOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Q Dynamic Growth ETF (QPX) and AdvisorShares Pure US Cannabis ETF (MSOS). The values are adjusted to include any dividend payments, if applicable.

QPX vs. MSOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QPX AdvisorShares Q Dynamic Growth ETF	-4.88%	24.12%	17.28%	44.63%	-30.90%	22.29%	0.38%
MSOS AdvisorShares Pure US Cannabis ETF	-24.79%	23.88%	-45.65%	0.29%	-72.68%	-29.69%	0.52%

Returns By Period

In the year-to-date period, QPX achieves a -4.88% return, which is significantly higher than MSOS's -24.79% return.

QPX

• 1D: 2.67%
• 1M: -6.68%
• YTD: -4.88%
• 6M: -1.44%
• 1Y: 23.30%
• 3Y*: 18.93%
• 5Y*: 10.17%
• 10Y*: —

MSOS

• 1D: 12.70%
• 1M: -8.51%
• YTD: -24.79%
• 6M: -25.89%
• 1Y: 36.02%
• 3Y*: -14.55%
• 5Y*: -39.20%
• 10Y*: —

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

QPX vs. MSOS - Expense Ratio Comparison

QPX has a 1.46% expense ratio, which is higher than MSOS's 0.74% expense ratio.

QPX

AdvisorShares Q Dynamic Growth ETF

MSOS

AdvisorShares Pure US Cannabis ETF

Return for Risk

QPX vs. MSOS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QPX

QPX Risk / Return Rank: 74
QPX Sharpe Ratio Rank: 70
QPX Sortino Ratio Rank: 74
QPX Omega Ratio Rank: 73
QPX Calmar Ratio Rank: 76
QPX Martin Ratio Rank: 76

MSOS

MSOS Risk / Return Rank: 35
MSOS Sharpe Ratio Rank: 22
MSOS Sortino Ratio Rank: 57
MSOS Omega Ratio Rank: 43
MSOS Calmar Ratio Rank: 29
MSOS Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QPX vs. MSOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and AdvisorShares Pure US Cannabis ETF (MSOS). 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.

	QPX	MSOS	Difference
Sharpe ratio Return per unit of total volatility	1.22	0.33	+0.89
Sortino ratio Return per unit of downside risk	1.84	1.42	+0.42
Omega ratio Gain probability vs. loss probability	1.27	1.16	+0.11
Calmar ratio Return relative to maximum drawdown	1.98	0.66	+1.32
Martin ratio Return relative to average drawdown	7.90	1.32	+6.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QPX vs. MSOS - Sharpe Ratio Comparison

The current QPX Sharpe Ratio is 1.22, which is higher than the MSOS Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of QPX and MSOS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QPX	MSOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	0.33	+0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	-0.52	+1.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	-0.40	+0.93

Correlation

The correlation between QPX and MSOS is 0.28, 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.

Dividends

QPX vs. MSOS - Dividend Comparison

Neither QPX nor MSOS has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
QPX AdvisorShares Q Dynamic Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MSOS AdvisorShares Pure US Cannabis ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.27%

Drawdowns

QPX vs. MSOS - Drawdown Comparison

The maximum QPX drawdown since its inception was -34.74%, smaller than the maximum MSOS drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for QPX and MSOS.

Drawdown Indicators

	QPX	MSOS	Difference
Max Drawdown Largest peak-to-trough decline	-34.74%	-96.25%	+61.51%
Max Drawdown (1Y) Largest decline over 1 year	-12.02%	-52.91%	+40.89%
Max Drawdown (5Y) Largest decline over 5 years	-34.74%	-95.26%	+60.52%
Current Drawdown Current decline from peak	-9.19%	-93.53%	+84.34%
Average Drawdown Average peak-to-trough decline	-8.27%	-71.08%	+62.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.02%	26.44%	-23.42%

Volatility

QPX vs. MSOS - Volatility Comparison

The current volatility for AdvisorShares Q Dynamic Growth ETF (QPX) is 5.31%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 22.69%. This indicates that QPX experiences smaller price fluctuations and is considered to be less risky than MSOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QPX	MSOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	22.69%	-17.38%
Volatility (6M) Calculated over the trailing 6-month period	11.42%	79.95%	-68.53%
Volatility (1Y) Calculated over the trailing 1-year period	19.24%	109.99%	-90.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.00%	75.80%	-55.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.15%	73.16%	-53.01%