YOLO vs. MSOS

Last updated Jun 23, 2026

YOLO (AdvisorShares Pure Cannabis ETF) and MSOS (AdvisorShares Pure US Cannabis ETF) are both exchange-traded funds - YOLO is a Cannabis fund actively managed by AdvisorShares, while MSOS is a Small Cap Blend Equities fund actively managed by AdvisorShares. Both are actively managed. Over the past 5 years, YOLO returned -31.80%/yr vs -34.53%/yr for MSOS. Their correlation of 0.83 suggests significant overlap in exposure. YOLO charges 0.75%/yr vs 0.74%/yr for MSOS.

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.

Returns By Period

In the year-to-date period, YOLO achieves a -15.15% return, which is significantly lower than MSOS's -0.85% return.

YOLO

• 1D: -1.06%
• 1M: -4.11%
• YTD: -15.15%
• 6M: -14.11%
• 1Y: 54.70%
• 3Y*: 4.06%
• 5Y*: -31.80%
• 10Y*: —

MSOS

• 1D: -6.21%
• 1M: 5.64%
• YTD: -0.85%
• 6M: 3.08%
• 1Y: 120.75%
• 3Y*: -5.30%
• 5Y*: -34.53%
• 10Y*: —

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

YOLO vs. MSOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
YOLO AdvisorShares Pure Cannabis ETF	-15.15%	36.36%	-17.81%	-15.10%	-72.21%	-20.48%	38.45%
MSOS AdvisorShares Pure US Cannabis ETF	-0.85%	23.88%	-45.65%	0.29%	-72.68%	-29.69%	44.84%

Correlation

The correlation between YOLO and MSOS is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Sep 2, 2020	0.83

The correlation between YOLO and MSOS has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

YOLO vs. MSOS - Sectors Allocation Comparison

Sectors	YOLO	MSOS
Financial Services	43.1%	-
Healthcare	29.7%	2.5%
Consumer Defensive	10.2%	-
Consumer Cyclical	0.8%	17.8%
Real Estate	0.7%	50.2%
Basic Materials	-	-
Communication Services	-	-
Energy	-	-
Industrials	-	29.6%
Technology	-	-
Utilities	-	-

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: 27
YOLO Sharpe Ratio Rank: 21
YOLO Sortino Ratio Rank: 33
YOLO Omega Ratio Rank: 30
YOLO Calmar Ratio Rank: 28
YOLO Martin Ratio Rank: 21

MSOS

MSOS Risk / Return Rank: 39
MSOS Sharpe Ratio Rank: 30
MSOS Sortino Ratio Rank: 45
MSOS Omega Ratio Rank: 40
MSOS Calmar Ratio Rank: 48
MSOS Martin Ratio Rank: 31

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.

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.

	YOLO	MSOS	Difference
Sharpe ratio: Return per unit of total volatility	0.73	1.08	-0.34
Sortino ratio: Return per unit of downside risk	1.70	2.20	-0.50
Omega ratio: Gain probability vs. loss probability	1.20	1.26	-0.06
Calmar ratio: Return relative to maximum drawdown	1.34	2.30	-0.96
Martin ratio: Return relative to average drawdown	2.42	4.30	-1.88

YOLO vs. MSOS - Sharpe Ratio Comparison

The current YOLO Sharpe Ratio is 0.73, which is lower than the MSOS Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of YOLO and MSOS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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 (3Y) Largest decline over 3 years	-66.45%	-81.71%	+15.26%
Max Drawdown (5Y) Largest decline over 5 years	-92.37%	-94.95%	+2.58%
Current Drawdown Current decline from peak	-90.07%	-91.47%	+1.40%
Average Drawdown Average peak-to-trough decline	-69.04%	-71.85%	+2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.69%	28.19%	-5.50%

Volatility

YOLO vs. MSOS - Volatility Comparison

The current volatility for AdvisorShares Pure Cannabis ETF (YOLO) is 12.70%, while AdvisorShares Pure US Cannabis ETF (MSOS) has a volatility of 21.75%. 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	12.70%	21.75%	-9.05%
Volatility (6M) Calculated over the trailing 6-month period	40.45%	65.49%	-25.04%
Volatility (1Y) Calculated over the trailing 1-year period	75.03%	113.00%	-37.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.75%	78.15%	-24.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.28%	74.01%	-22.73%

YOLO vs. MSOS - Expense Ratio Comparison

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

Dividends

YOLO vs. MSOS - Dividend Comparison

Neither YOLO nor MSOS has paid dividends to shareholders.

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

Frequently Asked Questions

Can I hold both YOLO and MSOS in my portfolio?

YOLO and MSOS have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YOLO or MSOS?

MSOS has higher volatility (21.75%) compared to YOLO (12.70%). In terms of maximum drawdown, YOLO dropped -94.68% vs MSOS's -96.25%.

Which ETF is better, YOLO or MSOS?

On 5-year performance, YOLO leads with -31.80% vs -34.53% for MSOS. On fees, MSOS is cheaper at 0.74% per year. On volatility, YOLO has been the lower-risk option at 12.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YOLO or MSOS?

Over the 5-year period, YOLO has performed better with a -31.80% return vs -34.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YOLO or MSOS?

MSOS is cheaper with a 0.74% expense ratio, compared with 0.75% for YOLO.

Which ETF pays a higher dividend yield, YOLO or MSOS?

YOLO and MSOS have nearly identical dividend yields, around 0.00%.

What is the main difference between YOLO and MSOS?

YOLO is categorized as Cannabis, while MSOS is Small Cap Blend Equities. Their fees differ too: 0.75% for YOLO and 0.74% for MSOS.

Which has better risk-adjusted returns?

MSOS currently has the higher Sharpe Ratio (1.08 vs 0.73), 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.