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MSOXAdvisorShares MSOS Daily Leveraged ETF

Take a bet3y track recordRanked #185 of 775 in this goal

Seeks daily investment results of 200% of the daily total return of the US Cannabis ETF.

By AdvisorShares · Launched 2022

Annual Cost

0.97%

#4,819 of 5,562 · expensive

Fund Size

$70M

#3,260 of 5,562 · mid-size

Return (1Y)Goal

-36.4%

Track Record

3 years

#2,758 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$6,256-37.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Concentration

Top 5 holdings = -16.9% of fundwell diversified

BLACKROCK TREASURY TRUST
1.7%
AdvisorShares Pure US Cannabis ETF
0.0%
COWEN INC.
-3.9%
COWEN INC.
-4.9%
CLEAR STREET LLC
-9.8%

Asset allocation

Cash
104.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
192.5%High

Year-on-year price swings

Max drawdown
-99.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.05Below average
Sortino (3Y)
0.08Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 200% of the daily total return of the US Cannabis ETF.
Strategy
Actively managed ETF that uses swap agreements to achieve approximately 2x daily returns of the US Cannabis ETF. Does not aim to achieve its objective over periods longer than one day.
Inception date
August 23, 2022
Fund family
AdvisorShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19