AdvisorShares MSOS 2x Daily ETF (MSOX) Performance
MSOX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −60.9% since Dec 31, 2025
- 1 year
- −75.1% total return
- 3 years
- −71.2% a year
- Since first price
- −75.1% a year since 2022
MSOX trailing returns vs SPY, QQQ, AGG
| Period | MSOX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −49.4% | −49.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −24.2% | −24.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −34.0% | −34.0% | +7.8% | +8.4% | −1.5% |
| YTD | −60.9% | −60.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −75.1% | −75.1% | +14.4% | +15.9% | −1.1% |
| 3 years | −97.6%−71.2%/yr | −97.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 24, 2022 | −99.7%−75.1%/yr | −99.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MSOX vs SPY
From Aug 24, 2022: MSOX grew to $30, SPY to $19,429.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MSOX returns by calendar year
0 of 3 full years positive. Best 2023 (−39.3%), worst 2024 (−87.3%). 2026 is year to date.
MSOX annual returns table
| Year | MSOX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −60.9% | −65.8% | +12.3% | +15.1% | −1.0% |
| 2025 | −51.2% | −78.7% | +17.7% | +20.8% | +7.2% |
| 2024 | −87.3% | −94.6% | +24.9% | +25.6% | +1.3% |
| 2023 | −39.3% | −69.6% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MSOX largest drawdowns
Now 99.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 29, 2022 | −99.7% | Oct 19, 2026 | not yet | 4.1 years | 4.2 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MSOX risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | −72.5% | −74.4% |
| Volatility (annualized) | 178.6% | 162.8% |
| Sharpe ratio | -0.09 | -0.18 |
| Sortino ratio | -0.19 | -0.33 |
| Best month | +227.7% | +227.7% |
| Worst month | −65.3% | −72.0% |
| Best 12 months | +20.5% | +114.5% |
| Worst 12 months | −96.8% | −96.8% |
| Positive months | 33% | 33% |
| Beta vs S&P 500 | 2.29 | — |
| Correlation with S&P 500 | 0.16 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MSOX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 39 | −96.8% | −58.8% | +114.5% | 15% |
| 3-year (a year) | 15 | −80.1% | −68.9% | −61.8% | 0% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
MSOX performance overview
AdvisorShares MSOS 2x Daily ETF (MSOX) returned −75.1% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned −75.1% a year, turning $10,000 into about $30. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −99.7%, from Aug 29, 2022 to Oct 19, 2026; the fund has not yet regained that high. MSOX finished 0 of its 3 full calendar years with a gain; the best year was 2023 (−39.3%) and the worst 2024 (−87.3%). Volatility has been 162.8% a year.
Related: MSOX chart. See the MSOX overview for the latest quote and fund facts.
MSOX performance FAQ
What is the MSOX return over the past year?
MSOX returned −75.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 75.1%.
How much would $10,000 invested in MSOX be worth?
$10,000 invested in MSOX at its first recorded close on August 24, 2022 would be worth about $30 on October 23, 2026 with distributions reinvested.
What was the worst year for MSOX?
The worst calendar year was 2024, with a total return of −87.3%. The best was 2023 at −39.3%.
What is the biggest drawdown of MSOX?
The largest peak-to-trough decline was −99.7% between August 29, 2022 and October 19, 2026. It has not yet recovered to that high; it is 99.7% below its peak.
How volatile is MSOX?
Over the past 3 years MSOX had an annualized volatility of 178.6% and a Sharpe ratio of -0.09 (excess return over 1–3 month T-bills per unit of risk).