# MSOX (AdvisorShares MSOS Daily Leveraged ETF)

AdvisorShares · Leveraged ETFs · data as of Nov 12, 2026

Promise check: Delivered. Over three months to Nov 12, 2026, MSOX finished 1.3 points behind twice MSOS's daily moves, compounded. https://etfiq.com/promise-index/leverage/

Over the three months to Nov 12, 2026, MSOX lost 37.1%, against −35.8% for twice MSOS's daily moves.

## Key facts

- MSOX, what MSOS did: −17.0%, as of Nov 12, 2026.
- MSOX, what 2 times a day gives: −35.8%, as of Nov 12, 2026.
- MSOX, what the fund returned: −37.1%, as of Nov 12, 2026.
- MSOX, gap to 2 times a day: −1.3 pts, as of Nov 12, 2026.
- MSOX, net assets: $45m (issuer page, as of Nov 11, 2026).
- MSOX, expense ratio: 0.97% (485BPOS XBRL, Oct 28, 2026).

## MSOX over each window to Nov 12, 2026

| Window | Total return | MSOS | +2x the move | Difference | MSOS moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | −14.7% | −5.9% | −11.8% | −2.9 pts | 57% |
| 3 months | −37.1% | −17.0% | −34.0% | −3.1 pts | 51% |
| 6 months | −49.9% | −20.2% | −40.4% | −9.5 pts | 58% |
| Year to date | −62.5% | −18.2% | −36.4% | −26.1 pts | 70% |
| 1 year | −70.6% | −10.6% | −21.2% | −49.4 pts | 97% |
| 3 years | −97.7% | −43.2% | −86.4% | −11.3 pts | 87% |
| Since launch | −99.7% | −69.2% | not meaningful over this window | not meaningful over this window | 83% |
| Since launch, annualised | −74.9% | – | – | – | – |

## MSOX key stats

- 52-week high, daily closes to Nov 12, 2026: $10.24 on Dec 17, 2025 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Nov 12, 2026: $1.68 on Nov 12, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Nov 12, 2026, within that range: $1.68, 0% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Beta to its underlying, 1 year: 1.94, against MSOS (computed by ETFIQ from Tiingo daily prices)
- R-squared, the same days: 0.99 (computed by ETFIQ from Tiingo daily prices)
- Beta and R-squared measured over: 251 daily total returns, Nov 13, 2025 to Nov 12, 2026 (computed by ETFIQ from Tiingo daily prices)

## MSOX trading

- Not scored.
- $1,000: at least $2.63, 0.26%, one way, half a one-cent tick.
- $10,000: at least $26, 0.26%, one way, half a one-cent tick.
- $100,000: at least $15,670, 15.67%, one way (estimate), half a one-cent tick.
- Premium to NAV at the Nov 11 close: +1.60%; 95% of days within ±2.12%.
- Limit: midpoint + 1¢ to buy, midpoint − 1¢ to sell. At the Nov 11 close of $1.90, that’s $1.91 to buy and $1.89 to sell.
- The full trading page: https://etfiq.com/funds/msox/trading/

## MSOX for holders outside the US

- US tax withheld on dividends, no treaty: 30% (<https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf>)
- Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% (<https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables>)
- MSOX interest-related and short-term gain dividends: not read by ETFIQ
- US estate tax filing threshold, non-resident holders: $60,000 (<https://www.irs.gov/instructions/i706na>)
- Share class: Distributing (<https://etfiq.com/learn/non-us-holders>)

Facts from the IRS, not tax advice.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of MSOS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.18248 times, against +2 stated | ETFIQ |
| Underlying | MSOS | ETFIQ |
| Segment | sector or country, index | ETFIQ |
| Net assets | $45m | issuer page, as of Nov 11, 2026 |
| Expense ratio | 0.97% | 485BPOS XBRL, Oct 28, 2026 |
| First traded | Aug 24, 2022 | ETFIQ |
| Underlying volatility over the window | 51% annualized | ETFIQ |

## Money in and out, to Nov 11, 2026

| Window | Dates | Net flow |
| --- | --- | --- |
| 1 day | Nov 11, 2026 | +$397k |

Daily counts start Nov 10, 2026, so these windows have no daily data: 1 week, 1 month, 3 months, Year to date, 1 year.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/msox.json>. Method: https://etfiq.com/methodology/flows

## Questions

### Did MSOX return +2 times MSOS?

Over the three months to Nov 12, 2026, MSOS moved −17.0% and MSOX returned −37.1%. 2 times that move is −34.0%, so the fund came out 3.1 points short of it. That is not its objective, which is daily. Against 2 times each day's move, compounded, it was 1.3 points short.

### Why does MSOX not return +2 times over a year?

Because it resets daily. MSOX aims at +2 times each day's move, and daily results compound. If the underlying falls and recovers, a holder ends up behind +2 times the period move; in a steady run in one direction, possibly ahead. The longer the holding and the more the underlying swings, the wider the gap.


## Cite this page

ETFIQ, MSOX, leveraged ETFs, data as of Nov 12, 2026. https://etfiq.com/funds/msox
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/msox  ·  JSON: https://etfiq.com/funds/msox.json