MSOX vs SPY
AdvisorShares MSOS Daily Leveraged ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, MSOX or SPY?
Trading-Leveraged Equity against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MSOX | SPY |
|---|---|---|
| Expense Ratio | 0.97% | 0.09%Best |
| AUM | $70M | $811.2B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 15 | 1,515 |
| YTD Return | -48.80% | +13.54%Best |
| 1Y Return | -74.15% | +16.25%Best |
| 3Y Return (annualized) | -71.61% | +23.72%Best |
| 5Y Return (annualized) | - | +13.95% |
| Volatility (annualized) | 161.1% | 14.0%Best |
| Max Drawdown | - | -18.8% |
| $10,000 over 4.1 years | $41 | $19,657Best |
| Fund Family | AdvisorShares Trust | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Aug 23, 2022 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 24, 2022 to Oct 2, 2026 (4.1 years).
MSOX vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.1 years both funds cover.
MSOX vs SPY Performance
AdvisorShares MSOS Daily Leveraged ETF (MSOX) is an ETF from AdvisorShares Trust and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year MSOX returned -74.15% while SPY returned +16.25%. Year to date, MSOX is down 48.80% versus a gain of 13.54% for SPY.
Over three years, MSOX compounded at -71.61% per year against +23.72% for SPY. Across the full 4-year window we track, SPY has the edge at +17.92% annualized vs -73.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSOX has been the more volatile fund, with annualized monthly volatility of 161.1% compared with 14.0% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
MSOX charges 0.97% per year while SPY charges 0.09%. On a $10,000 position that is $97 vs $9 annually, a gap of $88 per year that compounds over a long holding period. On income, MSOX currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 2 holdings in MSOX and 504 in SPY, totalling 2.6% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in MSOX and 504 in SPY, against full books of 15 and 1,515.
You are not choosing between two funds in isolation.
Whichever of MSOX and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MSOX or SPY?
MSOX has an expense ratio of 0.97% while SPY charges 0.09%. SPY is the cheaper option, by $88 a year on a $10,000 investment.
Which performed better, MSOX or SPY?
Over the past year MSOX returned -74.15% vs +16.25% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), MSOX annualized -73.79% vs +17.92% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MSOX or SPY?
MSOX has been the more volatile fund at 161.1% annualized versus 14.0% for SPY.
Should I hold both MSOX and SPY?
MSOX and SPY have a monthly-return correlation of 0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MSOX or SPY?
MSOX yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than MSOX?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.