YOLO vs. MSOS

Last updated Apr 1, 2026

Compare and contrast key facts about AdvisorShares Pure Cannabis ETF (YOLO) and AdvisorShares Pure US Cannabis ETF (MSOS).

YOLO and MSOS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YOLO is an actively managed fund by AdvisorShares. It was launched on Apr 17, 2019. MSOS is an actively managed fund by AdvisorShares. It was launched on Sep 1, 2020.

Performance

YOLO vs. MSOS - Performance Comparison

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

YOLO vs. MSOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
YOLO AdvisorShares Pure Cannabis ETF	-20.30%	36.36%	-17.81%	-15.10%	-72.21%	-20.48%	40.61%
MSOS AdvisorShares Pure US Cannabis ETF	-24.79%	23.88%	-45.65%	0.29%	-72.68%	-29.69%	47.95%

Returns By Period

In the year-to-date period, YOLO achieves a -20.30% return, which is significantly higher than MSOS's -24.79% return.

YOLO

• 1D: 6.05%
• 1M: -11.74%
• YTD: -20.30%
• 6M: -25.50%
• 1Y: 48.50%
• 3Y*: -2.11%
• 5Y*: -34.63%
• 10Y*: —

MSOS

• 1D: 12.70%
• 1M: -8.51%
• YTD: -24.79%
• 6M: -25.89%
• 1Y: 36.02%
• 3Y*: -14.55%
• 5Y*: -39.20%
• 10Y*: —

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

YOLO vs. MSOS - Expense Ratio Comparison

YOLO has a 0.75% expense ratio, which is higher than MSOS's 0.74% expense ratio.

YOLO

AdvisorShares Pure Cannabis ETF

MSOS

AdvisorShares Pure US Cannabis ETF

Return for Risk

YOLO vs. MSOS — Risk / Return Rank

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

YOLO

YOLO Risk / Return Rank: 47
YOLO Sharpe Ratio Rank: 38
YOLO Sortino Ratio Rank: 66
YOLO Omega Ratio Rank: 52
YOLO Calmar Ratio Rank: 47
YOLO Martin Ratio Rank: 30

MSOS

MSOS Risk / Return Rank: 35
MSOS Sharpe Ratio Rank: 22
MSOS Sortino Ratio Rank: 57
MSOS Omega Ratio Rank: 43
MSOS Calmar Ratio Rank: 29
MSOS Martin Ratio Rank: 22

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.

YOLO vs. MSOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Pure Cannabis ETF (YOLO) 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.

	YOLO	MSOS	Difference
Sharpe ratio Return per unit of total volatility	0.68	0.33	+0.35
Sortino ratio Return per unit of downside risk	1.63	1.42	+0.21
Omega ratio Gain probability vs. loss probability	1.19	1.16	+0.03
Calmar ratio Return relative to maximum drawdown	1.13	0.66	+0.47
Martin ratio Return relative to average drawdown	2.54	1.32	+1.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YOLO vs. MSOS - Sharpe Ratio Comparison

The current YOLO Sharpe Ratio is 0.68, which is higher than the MSOS Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of YOLO 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.

Sharpe Ratios by Period

	YOLO	MSOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	0.33	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.66	-0.52	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	-0.51	-0.40	-0.11

Correlation

The correlation between YOLO and MSOS is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

YOLO vs. MSOS - Dividend Comparison

Neither YOLO nor MSOS has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
YOLO AdvisorShares Pure Cannabis ETF	0.00%	0.00%	3.57%	1.17%	0.55%	3.93%	2.03%	4.52%
MSOS AdvisorShares Pure US Cannabis ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.27%	0.00%	0.00%

Drawdowns

YOLO vs. MSOS - Drawdown Comparison

The maximum YOLO drawdown since its inception was -94.68%, roughly equal to the maximum MSOS drawdown of -96.25%. Use the drawdown chart below to compare losses from any high point for YOLO and MSOS.

Drawdown Indicators

	YOLO	MSOS	Difference
Max Drawdown Largest peak-to-trough decline	-94.68%	-96.25%	+1.57%
Max Drawdown (1Y) Largest decline over 1 year	-41.09%	-52.91%	+11.82%
Max Drawdown (5Y) Largest decline over 5 years	-93.23%	-95.26%	+2.03%
Current Drawdown Current decline from peak	-90.68%	-93.53%	+2.85%
Average Drawdown Average peak-to-trough decline	-68.43%	-71.08%	+2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.32%	26.44%	-8.12%

Volatility

YOLO vs. MSOS - Volatility Comparison

The current volatility for AdvisorShares Pure Cannabis ETF (YOLO) is 15.24%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 22.69%. This indicates that YOLO 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.

Volatility by Period

	YOLO	MSOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.24%	22.69%	-7.45%
Volatility (6M) Calculated over the trailing 6-month period	51.01%	79.95%	-28.94%
Volatility (1Y) Calculated over the trailing 1-year period	71.86%	109.99%	-38.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.53%	75.80%	-23.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.89%	73.16%	-22.27%