KSLV vs. MSFY

Last updated Jun 5, 2026

KSLV (Kurv Silver Enhanced Income ETF) and MSFY (Kurv Yield Premium Strategy Microsoft ETF) are both exchange-traded funds - KSLV is a Silver fund actively managed by Kurv, while MSFY is a Derivative Income fund actively managed by Kurv. Both are actively managed. At a 0.13 correlation, their price movements are largely independent. Both charge a 1.00% expense ratio.

Performance

KSLV vs. MSFY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Silver Enhanced Income ETF (KSLV) and Kurv Yield Premium Strategy Microsoft ETF (MSFY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KSLV achieves a 2.61% return, which is significantly higher than MSFY's -13.77% return.

KSLV

• 1D: 1.37%
• 1M: 1.03%
• YTD: 2.61%
• 6M: 25.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSFY

• 1D: 0.25%
• 1M: 5.04%
• YTD: -13.77%
• 6M: -12.82%
• 1Y: -7.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KSLV vs. MSFY - Yearly Performance Comparison

	2026 (YTD)	2025
KSLV Kurv Silver Enhanced Income ETF	2.61%	48.94%
MSFY Kurv Yield Premium Strategy Microsoft ETF	-13.77%	-3.03%

Correlation

The correlation between KSLV and MSFY is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.13

Return for Risk

KSLV vs. MSFY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSFY

MSFY Risk / Return Rank: 7
MSFY Sharpe Ratio Rank: 6
MSFY Sortino Ratio Rank: 7
MSFY Omega Ratio Rank: 6
MSFY Calmar Ratio Rank: 7
MSFY Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KSLV vs. MSFY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Silver Enhanced Income ETF (KSLV) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KSLV	MSFY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	0.20	+1.01

Drawdowns

KSLV vs. MSFY - Drawdown Comparison

The maximum KSLV drawdown since its inception was -44.77%, which is greater than MSFY's maximum drawdown of -34.21%. Use the drawdown chart below to compare losses from any high point for KSLV and MSFY.

Drawdown Indicators

	KSLV	MSFY	Difference
Max Drawdown Largest peak-to-trough decline	-44.77%	-34.21%	-10.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-34.21%	—
Current Drawdown Current decline from peak	-39.18%	-20.33%	-18.85%
Average Drawdown Average peak-to-trough decline	-19.54%	-7.22%	-12.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	15.46%	—

Volatility

Volatility by Period

	KSLV	MSFY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	72.40%	26.51%	+45.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.40%	22.25%	+50.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.40%	22.25%	+50.15%

KSLV vs. MSFY - Expense Ratio Comparison

Both KSLV and MSFY have an expense ratio of 1.00%.

Dividends

KSLV vs. MSFY - Dividend Comparison

KSLV's dividend yield for the trailing twelve months is around 16.31%, less than MSFY's 24.25% yield.

Position	TTM	2025	2024	2023
KSLV Kurv Silver Enhanced Income ETF	16.31%	4.42%	0.00%	0.00%
MSFY Kurv Yield Premium Strategy Microsoft ETF	24.25%	18.56%	14.35%	1.94%

Frequently Asked Questions

Can I hold both KSLV and MSFY in my portfolio?

KSLV and MSFY have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KSLV or MSFY?

Both ETFs have the same 1.00% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KSLV or MSFY?

KSLV and MSFY have the same expense ratio: 1.00% per year.

Which ETF pays a higher dividend yield, KSLV or MSFY?

MSFY has the higher dividend yield at 24.25%, compared with 16.31% for KSLV.

What is the main difference between KSLV and MSFY?

KSLV is categorized as Silver, while MSFY is Derivative Income.