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ETFs

AdvisorShares MSOS 2X Daily ETF

MSOX
$--
Today’s Change
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Snapshot
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Inception Date
Aug 23 2022
Expense Ratio
0.95%
Type
US Equities
Fund Owner
Advisor Shares
Volume (1m avg. daily)
$5,240,556
AUM
$30,519,865
Associated Index
None
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
BLACKROCK TREASURY TRUST INSTL 62
59.78%
n/a
CASH
-132.94%
Invest with MSOX

What is MSOX?

The AdvisorShares MSOS 2x Daily ETF (ticker: MSOX) is designed for sophisticated investors looking to gain magnified exposure to the U.S. cannabis sector. As an actively managed, leveraged ETF, MSOX seeks daily investment results (before fees and expenses) that correspond to two times (2x) the daily performance of the AdvisorShares Pure US Cannabis ETF (ticker: MSOS). To generate this amplified cannabis exposure, MSOX will invest in swap agreements on MSOS, which seeks growth opportunities by offering exposure to U.S. companies across multiple industries engaged in the cannabis business.

ETFs related toMSOX

ETFs correlated to MSOX include MSOS, MJ, LGRO

MSOX
Advisorshares Trust - AdvisorShares MSOS 2x Daily ETF
MSOS
Advisorshares Trust - AdvisorShares Pure US Cannabis ETF
MJ
ETF Managers Group LLC - ETFMG Alternative Harvest ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toMSOX

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with MSOX using Composer

FAQ

MSOX is a US Equities ETF. The AdvisorShares MSOS 2x Daily ETF (ticker: MSOX) is designed for sophisticated investors looking to gain magnified exposure to the U.S. cannabis sector. As an actively managed, leveraged ETF, MSOX seeks daily investment results (before fees and expenses) that correspond to two times (2x) the daily performance of the AdvisorShares Pure US Cannabis ETF (ticker: MSOS). To generate this amplified cannabis exposure, MSOX will invest in swap agreements on MSOS, which seeks growth opportunities by offering exposure to U.S. companies across multiple industries engaged in the cannabis business.

Yes, MSOX is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MSOX is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MSOX is 1.444%. This is the percent change in the value of MSOX over the most recent 1-month period. The 3-month return on MSOX is 0.7886%. This is the percent change in the value of MSOX over the most recent 3-month period.

The standard deviation of MSOX for the past year is 1.4317%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MSOX include SSO, QID, and SDS.

ETFs correlated to MSOX include MSOS, MJ, and LGRO.

ETFs that are inversely correlated to MSOX include SARK, BTAL, and WEBS.

Yes, MSOX is a Leveraged (2x) ETF.

Yes, MSOX is a Leveraged (2x) leveraged ETF.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.