EWS vs. MSFY
EWS (iShares MSCI Singapore ETF) and MSFY (Kurv Yield Premium Strategy Microsoft ETF) are both exchange-traded funds - EWS is a Asia Pacific Equities fund tracking the MSCI Singapore Index, while MSFY is a Derivative Income fund actively managed by Kurv. EWS is passively managed, while MSFY is actively managed. Over the past year, EWS returned 18.15% vs -18.07% for MSFY. At a 0.28 correlation, their price movements are largely independent. EWS charges 0.50%/yr vs 1.00%/yr for MSFY.
Performance
EWS vs. MSFY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EWS achieves a 5.96% return, which is significantly higher than MSFY's -22.50% return.
EWS
- 1D
- 0.07%
- 1M
- 0.24%
- YTD
- 5.96%
- 6M
- 7.68%
- 1Y
- 18.15%
- 3Y*
- 20.28%
- 5Y*
- 8.93%
- 10Y*
- 7.88%
MSFY
- 1D
- -0.42%
- 1M
- -5.08%
- YTD
- -22.50%
- 6M
- -21.30%
- 1Y
- -18.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EWS vs. MSFY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EWS iShares MSCI Singapore ETF | 5.96% | 31.35% | 22.10% | 5.36% |
MSFY Kurv Yield Premium Strategy Microsoft ETF | -22.50% | 14.11% | 10.88% | 2.57% |
Correlation
The correlation between EWS and MSFY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.28 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EWS vs. MSFY — Risk / Return Rank
EWS
MSFY
EWS vs. MSFY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Singapore ETF (EWS) and Kurv Yield Premium Strategy Microsoft ETF (MSFY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EWS | MSFY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.84 | ||
| Sortino ratioReturn per unit of downside risk | +2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.89 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | -0.54 | +2.78 |
| Martin ratioReturn relative to average drawdown | 5.40 | -1.16 | +6.57 |
Loading charts...
Drawdowns
EWS vs. MSFY - Drawdown Comparison
The maximum EWS drawdown since its inception was -75.13%, which is greater than MSFY's maximum drawdown of -34.21%. Use the drawdown chart below to compare losses from any high point for EWS and MSFY.
Loading charts...
Drawdown Indicators
| EWS | MSFY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.13% | -34.21% | -40.92% |
Max Drawdown (1Y)Largest decline over 1 year | -7.82% | -34.21% | +26.39% |
Max Drawdown (3Y)Largest decline over 3 years | -16.34% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.84% | — | — |
Current DrawdownCurrent decline from peak | -2.77% | -28.39% | +25.62% |
Average DrawdownAverage peak-to-trough decline | -21.98% | -7.38% | -14.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 15.96% | -12.73% |
Volatility
EWS vs. MSFY - Volatility Comparison
The current volatility for iShares MSCI Singapore ETF (EWS) is 5.05%, while Kurv Yield Premium Strategy Microsoft ETF (MSFY) has a volatility of 11.56%. This indicates that EWS experiences smaller price fluctuations and is considered to be less risky than MSFY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EWS | MSFY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 11.56% | -6.51% |
Volatility (6M)Calculated over the trailing 6-month period | 12.11% | 25.20% | -13.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.24% | 26.90% | -11.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 22.33% | -4.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.04% | 22.33% | -4.29% |
EWS vs. MSFY - Expense Ratio Comparison
EWS has a 0.50% expense ratio, which is lower than MSFY's 1.00% expense ratio.
Dividends
EWS vs. MSFY - Dividend Comparison
EWS's dividend yield for the trailing twelve months is around 3.87%, less than MSFY's 26.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWS iShares MSCI Singapore ETF | 3.87% | 4.10% | 4.28% | 6.50% | 2.56% | 6.00% | 2.68% | 4.70% | 4.21% | 3.46% | 3.96% | 4.20% |
MSFY Kurv Yield Premium Strategy Microsoft ETF | 26.99% | 18.56% | 14.35% | 1.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EWS and MSFY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFY has higher volatility (11.56%) compared to EWS (5.05%). In terms of maximum drawdown, EWS dropped -75.13% vs MSFY's -34.21%.
On 1-year performance, EWS leads with 18.15% vs -18.07% for MSFY. On fees, EWS is cheaper at 0.50% per year. On volatility, EWS has been the lower-risk option at 5.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EWS has performed better with a 18.15% return vs -18.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EWS is cheaper with a 0.50% expense ratio, compared with 1.00% for MSFY.
MSFY has the higher dividend yield at 26.99%, compared with 3.87% for EWS.
EWS is categorized as Asia Pacific Equities, while MSFY is Derivative Income. They also come from different issuers: iShares and Kurv. Their fees differ too: 0.50% for EWS and 1.00% for MSFY.
EWS currently has the higher Sharpe Ratio (1.15 vs -0.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EWS and MSFY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer