SNDL vs. MSOS
SNDL (Sundial Growers Inc.) is a stock, while MSOS (AdvisorShares Pure US Cannabis ETF) is Small Cap Blend Equities fund actively managed by AdvisorShares. Over the past 5 years, SNDL returned -31.66%/yr vs -34.67%/yr for MSOS. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
SNDL vs. MSOS - Performance Comparison
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Returns By Period
In the year-to-date period, SNDL achieves a -25.90% return, which is significantly lower than MSOS's -10.38% return.
SNDL
- 1D
- -1.60%
- 1M
- -10.55%
- 6M
- -20.13%
- YTD
- -25.90%
- 1Y
- -25.45%
- 3Y*
- -8.30%
- 5Y*
- -31.66%
- 10Y*
- —
- ALL TIME*
- -48.63%
MSOS
- 1D
- 0.48%
- 1M
- -13.50%
- 6M
- 4.96%
- YTD
- -10.38%
- 1Y
- 37.34%
- 3Y*
- -8.60%
- 5Y*
- -34.67%
- 10Y*
- —
- ALL TIME*
- -26.03%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.98M | $19.49M | $31.09M | |
| $2.52M | $2.41M | $2.77M |
SNDL vs. MSOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SNDL Sundial Growers Inc. | -25.90% | -7.26% | 9.15% | -21.53% | -63.86% | 22.13% | 51.76% |
MSOS AdvisorShares Pure US Cannabis ETF | -10.38% | 23.88% | -45.65% | 0.29% | -72.68% | -29.69% | 44.84% |
Correlation
The correlation between SNDL and MSOS is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.46 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2020 | 0.43 |
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Return for Risk
SNDL vs. MSOS — Risk / Return Rank
SNDL
MSOS
SNDL vs. MSOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sundial Growers Inc. (SNDL) 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.
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.
| SNDL | MSOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.18 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 0.94 | -1.44 |
| Martin ratioReturn relative to average drawdown | -0.71 | 1.64 | -2.35 |
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Drawdowns
SNDL vs. MSOS - Drawdown Comparison
The maximum SNDL drawdown since its inception was -99.08%, roughly equal to the maximum MSOS drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for SNDL and MSOS.
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Drawdown Indicators
| SNDL | MSOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.08% | -96.25% | -2.83% |
Max Drawdown (1Y)Largest decline over 1 year | -57.37% | -52.91% | -4.46% |
Max Drawdown (3Y)Largest decline over 3 years | -57.37% | -81.71% | +24.34% |
Max Drawdown (5Y)Largest decline over 5 years | -86.96% | -94.45% | +7.49% |
Current DrawdownCurrent decline from peak | -99.06% | -92.29% | -6.77% |
Average DrawdownAverage peak-to-trough decline | -94.51% | -72.23% | -22.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.15% | 30.20% | +9.95% |
Volatility
SNDL vs. MSOS - Volatility Comparison
Sundial Growers Inc. (SNDL) has a higher volatility of 15.34% compared to AdvisorShares Pure US Cannabis ETF (MSOS) at 13.19%. This indicates that SNDL's price experiences larger fluctuations and is considered to be riskier than MSOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNDL | MSOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.34% | 13.19% | +2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 32.46% | 56.27% | -23.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.86% | 111.22% | -44.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.17% | 78.34% | -8.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.04% | 73.62% | +40.42% |
Dividends
SNDL vs. MSOS - Dividend Comparison
Neither SNDL 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% |
SNDL Sundial Growers Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SNDL and MSOS have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNDL has higher volatility (15.34%) compared to MSOS (13.19%). In terms of maximum drawdown, SNDL dropped -99.08% vs MSOS's -96.25%.
MSOS currently has the higher Sharpe Ratio (0.45 vs -0.45), 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.
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