SMMT vs. MSOS
Compare and contrast key facts about Summit Therapeutics Inc. (SMMT) and AdvisorShares Pure US Cannabis ETF (MSOS).
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: SMMT or MSOS.
Key characteristics
| SMMT | MSOS | |
|---|---|---|
| YTD Return | 695.40% | -32.67% |
| 1Y Return | 1,028.26% | -30.59% |
| 3Y Return (Ann) | 56.94% | -47.34% |
| Sharpe Ratio | 3.32 | -0.35 |
| Sortino Ratio | 5.98 | -0.01 |
| Omega Ratio | 1.79 | 1.00 |
| Calmar Ratio | 11.18 | -0.30 |
| Martin Ratio | 47.05 | -1.03 |
| Ulcer Index | 21.03% | 27.22% |
| Daily Std Dev | 298.54% | 79.89% |
| Max Drawdown | -95.75% | -92.64% |
| Current Drawdown | -34.98% | -91.43% |
Correlation
The correlation between SMMT and MSOS is 0.13, 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
SMMT vs. MSOS - Performance Comparison
In the year-to-date period, SMMT achieves a 695.40% return, which is significantly higher than MSOS's -32.67% 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
SMMT vs. MSOS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Summit Therapeutics Inc. (SMMT) 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.
Dividends
SMMT vs. MSOS - Dividend Comparison
Neither SMMT nor MSOS has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
SMMT Summit Therapeutics Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
MSOS AdvisorShares Pure US Cannabis ETF | 0.00% | 0.00% | 0.00% | 0.27% |
Drawdowns
SMMT vs. MSOS - Drawdown Comparison
The maximum SMMT drawdown since its inception was -95.75%, roughly equal to the maximum MSOS drawdown of -92.64%. Use the drawdown chart below to compare losses from any high point for SMMT and MSOS. For additional features, visit the drawdowns tool.
Volatility
SMMT vs. MSOS - Volatility Comparison
The current volatility for Summit Therapeutics Inc. (SMMT) is 25.67%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 44.10%. This indicates that SMMT 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.