TCNNF vs. MSOS

Last updated Jun 24, 2026

TCNNF (Trulieve Cannabis Corp) is a stock, while MSOS (AdvisorShares Pure US Cannabis ETF) is Small Cap Blend Equities fund actively managed by AdvisorShares. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

TCNNF vs. MSOS - Performance Comparison

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

Returns By Period

TCNNF

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSOS

• 1D: -3.85%
• 1M: 1.58%
• YTD: -4.66%
• 6M: -4.66%
• 1Y: 118.45%
• 3Y*: -6.53%
• 5Y*: -35.42%
• 10Y*: —

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

TCNNF vs. MSOS - Yearly Performance Comparison

	2026 (YTD)
TCNNF Trulieve Cannabis Corp	-5.71%
MSOS AdvisorShares Pure US Cannabis ETF	-17.73%

Correlation

The correlation between TCNNF and MSOS is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 8, 2026	0.61

Return for Risk

TCNNF vs. MSOS — Risk / Return Rank

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

TCNNF

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

MSOS

MSOS Risk / Return Rank: 39
MSOS Sharpe Ratio Rank: 31
MSOS Sortino Ratio Rank: 45
MSOS Omega Ratio Rank: 40
MSOS Calmar Ratio Rank: 47
MSOS Martin Ratio Rank: 30

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.

TCNNF vs. MSOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trulieve Cannabis Corp (TCNNF) 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.

	TCNNF	MSOS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.06	—
Sortino ratio: Return per unit of downside risk	—	2.19	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.25	—
Martin ratio: Return relative to average drawdown	—	4.21	—

Drawdowns

TCNNF vs. MSOS - Drawdown Comparison

The maximum TCNNF drawdown since its inception was -11.15%, smaller than the maximum MSOS drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for TCNNF and MSOS.

Drawdown Indicators

	TCNNF	MSOS	Difference
Max Drawdown Largest peak-to-trough decline	-11.15%	-96.25%	+85.10%
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	—	-94.95%	—
Current Drawdown Current decline from peak	-11.15%	-91.80%	+80.65%
Average Drawdown Average peak-to-trough decline	-10.14%	-71.87%	+61.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.27%	—

Volatility

Volatility by Period

	TCNNF	MSOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	63.42%	112.86%	-49.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.42%	78.15%	-14.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.42%	74.00%	-10.58%

Dividends

TCNNF vs. MSOS - Dividend Comparison

Neither TCNNF 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%
TCNNF Trulieve Cannabis Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TCNNF and MSOS in my portfolio?

TCNNF and MSOS have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.