SMCP vs. MSOS

Last updated Jun 4, 2026

SMCP (AlphaMark Actively Managed Small Cap ETF) and MSOS (AdvisorShares Pure US Cannabis ETF) are both Small Cap Blend Equities funds. SMCP is passively managed, while MSOS is actively managed. At a 0.28 correlation, their price movements are largely independent. SMCP charges 0.90%/yr vs 0.74%/yr for MSOS.

Performance

SMCP vs. MSOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AlphaMark Actively Managed Small Cap ETF (SMCP) and AdvisorShares Pure US Cannabis ETF (MSOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMCP

• 1D: -0.30%
• 1M: -25.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSOS

• 1D: -6.14%
• 1M: -2.07%
• YTD: 0.42%
• 6M: 28.46%
• 1Y: 99.16%
• 3Y*: -4.01%
• 5Y*: -35.03%
• 10Y*: —

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

SMCP vs. MSOS - Yearly Performance Comparison

	2026 (YTD)
SMCP AlphaMark Actively Managed Small Cap ETF	-25.99%
MSOS AdvisorShares Pure US Cannabis ETF	13.94%

Correlation

The correlation between SMCP and MSOS is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 9, 2026	0.28

SMCP vs. MSOS - Sectors Allocation Comparison

Sectors	SMCP	MSOS
Financial Services	98.8%	-
Industrials	13.1%	29.6%
Technology	11.1%	-
Healthcare	11.0%	2.5%
Consumer Defensive	8.1%	-
Basic Materials	7.9%	-
Energy	7.6%	-
Consumer Cyclical	7.3%	17.8%
Communication Services	4.0%	-
Real Estate	3.1%	50.2%
Utilities	3.0%	-

Return for Risk

SMCP vs. MSOS — Risk / Return Rank

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

MSOS

MSOS Risk / Return Rank: 32
MSOS Sharpe Ratio Rank: 24
MSOS Sortino Ratio Rank: 39
MSOS Omega Ratio Rank: 35
MSOS Calmar Ratio Rank: 38
MSOS Martin Ratio Rank: 26

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.

SMCP vs. MSOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AlphaMark Actively Managed Small Cap ETF (SMCP) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SMCP	MSOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.89	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.43	-0.34	-1.10

Drawdowns

SMCP vs. MSOS - Drawdown Comparison

The maximum SMCP drawdown since its inception was -27.86%, smaller than the maximum MSOS drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for SMCP and MSOS.

Drawdown Indicators

	SMCP	MSOS	Difference
Max Drawdown Largest peak-to-trough decline	-27.86%	-96.25%	+68.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-52.91%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-81.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-94.99%	—
Current Drawdown Current decline from peak	-25.99%	-91.37%	+65.38%
Average Drawdown Average peak-to-trough decline	-5.33%	-71.71%	+66.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.78%	—

Volatility

Volatility by Period

	SMCP	MSOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	80.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	43.62%	112.00%	-68.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.62%	77.81%	-34.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.62%	74.04%	-30.42%

SMCP vs. MSOS - Expense Ratio Comparison

SMCP has a 0.90% expense ratio, which is higher than MSOS's 0.74% expense ratio.

Dividends

SMCP vs. MSOS - Dividend Comparison

Neither SMCP nor MSOS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
MSOS AdvisorShares Pure US Cannabis ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.27%
SMCP AlphaMark Actively Managed Small Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SMCP and MSOS in my portfolio?

SMCP and MSOS have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SMCP or MSOS?

On fees, MSOS is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMCP or MSOS?

MSOS is cheaper with a 0.74% expense ratio, compared with 0.90% for SMCP.

Which ETF pays a higher dividend yield, SMCP or MSOS?

SMCP and MSOS have nearly identical dividend yields, around 0.00%.

What is the main difference between SMCP and MSOS?

They also come from different issuers: AlphaMark Advisors and AdvisorShares. Their fees differ too: 0.90% for SMCP and 0.74% for MSOS.