Key stats
About AdvisorShares MSOS Daily Leveraged ETF
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Inception date
Aug 24, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AdvisorShares Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US00768Y2899
MSOX provides 2x leveraged exposure to the daily performance of MSOS, an affiliated exchange-traded fund that concentrates on mid- and small-cap US companies engaged in the cannabis and hemp industries. In addition to stocks, the underlying fund also uses total return swap contracts to gain such exposure. MSOX will enter into one or more swap agreements intended to produce leveraged investment results relative to the returns of MSOS. To achieve maximum results, the fund may also hold money market instruments or other cash equivalents as collateral. As a geared product with daily resets, MSOX is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying fund due to daily compounding. Investors also need to be aware of the ongoing regulatory risks on cannabis. Prior to Nov. 1, 2024 the fund name was MSOS 2x Daily ETF.
Related funds
Classification
What's in the fund
Exposure type
Cash
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MSOX assets under management is 67.58 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MSOX invests in cash. See more details in our Analysis section.
MSOX expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, MSOX is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, MSOX doesn't pay dividends to its holders.
MSOX shares are issued by Wilson Lane Group LLC
MSOX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 24, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.