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TOKE vs. MSOS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TOKE and MSOS is 0.32, 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

TOKE vs. MSOS - Performance Comparison

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

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Key characteristics

Sharpe Ratio

TOKE:

-0.84

MSOS:

-0.98

Sortino Ratio

TOKE:

-0.99

MSOS:

-1.82

Omega Ratio

TOKE:

0.87

MSOS:

0.78

Calmar Ratio

TOKE:

-0.30

MSOS:

-0.76

Martin Ratio

TOKE:

-1.29

MSOS:

-1.43

Ulcer Index

TOKE:

19.08%

MSOS:

50.97%

Daily Std Dev

TOKE:

31.68%

MSOS:

74.72%

Max Drawdown

TOKE:

-83.27%

MSOS:

-96.20%

Current Drawdown

TOKE:

-79.77%

MSOS:

-95.28%

Returns By Period

In the year-to-date period, TOKE achieves a -8.57% return, which is significantly higher than MSOS's -31.76% return.


TOKE

YTD

-8.57%

1M

8.86%

6M

-13.08%

1Y

-25.69%

5Y*

-13.58%

10Y*

N/A

MSOS

YTD

-31.76%

1M

1.56%

6M

-48.62%

1Y

-72.92%

5Y*

N/A

10Y*

N/A

*Annualized

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TOKE vs. MSOS - Expense Ratio Comparison

TOKE has a 0.42% expense ratio, which is lower than MSOS's 0.74% expense ratio.


Risk-Adjusted Performance

TOKE vs. MSOS — Risk-Adjusted Performance Rank

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

TOKE
The Risk-Adjusted Performance Rank of TOKE is 22
Overall Rank
The Sharpe Ratio Rank of TOKE is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of TOKE is 11
Sortino Ratio Rank
The Omega Ratio Rank of TOKE is 11
Omega Ratio Rank
The Calmar Ratio Rank of TOKE is 55
Calmar Ratio Rank
The Martin Ratio Rank of TOKE is 22
Martin Ratio Rank

MSOS
The Risk-Adjusted Performance Rank of MSOS is 00
Overall Rank
The Sharpe Ratio Rank of MSOS is 00
Sharpe Ratio Rank
The Sortino Ratio Rank of MSOS is 00
Sortino Ratio Rank
The Omega Ratio Rank of MSOS is 00
Omega Ratio Rank
The Calmar Ratio Rank of MSOS is 00
Calmar Ratio Rank
The Martin Ratio Rank of MSOS is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TOKE vs. MSOS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Cannabis ETF (TOKE) 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.


The current TOKE Sharpe Ratio is -0.84, which is comparable to the MSOS Sharpe Ratio of -0.98. The chart below compares the historical Sharpe Ratios of TOKE 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.


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Dividends

TOKE vs. MSOS - Dividend Comparison

TOKE's dividend yield for the trailing twelve months is around 5.90%, while MSOS has not paid dividends to shareholders.


TTM202420232022202120202019
TOKE
Cambria Cannabis ETF
5.90%6.63%4.21%2.12%3.54%4.33%2.26%
MSOS
AdvisorShares Pure US Cannabis ETF
0.00%0.00%0.00%0.00%0.27%0.00%0.00%

Drawdowns

TOKE vs. MSOS - Drawdown Comparison

The maximum TOKE drawdown since its inception was -83.27%, smaller than the maximum MSOS drawdown of -96.20%. Use the drawdown chart below to compare losses from any high point for TOKE and MSOS. For additional features, visit the drawdowns tool.


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Volatility

TOKE vs. MSOS - Volatility Comparison

The current volatility for Cambria Cannabis ETF (TOKE) is 11.02%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 30.71%. This indicates that TOKE 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.


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