Data as of .
MSOS vs WEED: which is really different?
MSOS and WEED hold 29% of their weight in the same names, and WEED returned more over the year.
ETFIQ Off-Index Score: MSOS scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
29% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, MSOS and WEED hold 29% of their money in the same securities at the same weight.
| Holding | MSOS | WEED |
|---|---|---|
| CURALEAF HOLDINGS INC | 47.70% | 28.62% |
| Only in MSOS | Only in WEED |
|---|---|
| TRULIEVE CANNABIS CORP 37.00% | TREASURY BILL 71.38% |
| TERRASCEND CORP 10.45% | |
| GLASS HOUSE BRANDS INC 3.60% | |
| VILLAGE FARMS INTERNATIONAL INC 1.20% | |
| FLUENT CORP 0.04% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| MSOS | WEED | MSOS | WEED | MSOS | WEED | |
| 3 months | −1.8% | +2.9% | −4.0 pts | +0.7 pts | +0.7 pts | +5.4 pts |
| 6 months | +36.1% | +41.9% | +18.1 pts | +23.9 pts | +11.9 pts | +17.7 pts |
| 1 year | +7.5% | +14.4% | −9.1 pts | −2.2 pts | −14.3 pts | −7.4 pts |
| 3 years | −39.7% | −34.5% | −118.1 pts | −113.0 pts | −137.8 pts | −132.7 pts |
| Since launch | −80.1% | −70.8% | −211.9 pts | −152.7 pts | −227.0 pts | −187.8 pts |
| MSOS AdvisorShares Pure US Cannabis ETF Holds 6 stocks in cannabis, 0% of its weight in S&P 500 companies | WEED Roundhill Cannabis ETF Holds 2 stocks in cannabis, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | AdvisorShares | Roundhill |
| Theme | Cannabis | Cannabis |
| In the S&P 500 | 0.0% | 0.0% |
| Active share vs the S&P 500 | 100.0% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 6 | 2 |
| Top ten, share of the fund | 100.0% | 100.0% |
| Expense ratio | 0.78% | 0.41% |
| Fee for the differing part | 0.78% | 0.41% |
| Total return, 1 year | +7.5% | +14.4% |
| vs the S&P 500 | −9.1 pts | −2.2 pts |
| vs the Nasdaq-100 | −14.3 pts | −7.4 pts |
| Below its high | −91.1% | −70.8% |
| Net assets | $967m | $8m |
MSOS in plain words
By weight, 0% of MSOS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 6 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +7.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 9.1 pts. It sits 91.1% below its all-time high of Feb 10, 2021.
WEED in plain words
By weight, 0% of WEED's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 100% of the fund across 2 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +14.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 2.2 pts. It sits 70.8% below its all-time high of Apr 20, 2022.
Questions people ask
- Do MSOS and WEED hold the same stocks?
- By their latest filings, 29% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, MSOS or WEED?
- MSOS has 0% of its weight in S&P 500 names and WEED has 0%, so MSOS differs more from the index.
- Which is cheaper, MSOS or WEED?
- MSOS charges 0.78% a year and WEED charges 0.41%, so WEED is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, MSOS against WEED, data as of Sep 18, 2026. https://etfiq.com/compare/themes/msos-vs-weed Free to use with attribution; the underlying files are at Open data.