MSFO vs. GPIX
Compare and contrast key facts about YieldMax MSFT Option Income Strategy ETF (MSFO) and Goldman Sachs S&P 500 Core Premium Income ETF (GPIX).
MSFO and GPIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSFO is an actively managed fund by YieldMax. It was launched on Aug 24, 2023. GPIX is an actively managed fund by Goldman Sachs. It was launched on Oct 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFO or GPIX.
Correlation
The correlation between MSFO and GPIX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MSFO vs. GPIX - Performance Comparison
Key characteristics
MSFO:
-0.08
GPIX:
0.61
MSFO:
0.03
GPIX:
0.97
MSFO:
1.00
GPIX:
1.15
MSFO:
-0.09
GPIX:
0.63
MSFO:
-0.20
GPIX:
2.77
MSFO:
8.25%
GPIX:
3.97%
MSFO:
20.30%
GPIX:
18.10%
MSFO:
-19.15%
GPIX:
-17.50%
MSFO:
-12.45%
GPIX:
-8.95%
Returns By Period
The year-to-date returns for both stocks are quite close, with MSFO having a -5.08% return and GPIX slightly lower at -5.16%.
MSFO
-5.08%
-0.62%
-6.73%
-3.46%
N/A
N/A
GPIX
-5.16%
-4.01%
-3.28%
9.62%
N/A
N/A
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MSFO vs. GPIX - Expense Ratio Comparison
MSFO has a 0.99% expense ratio, which is higher than GPIX's 0.29% expense ratio.
Risk-Adjusted Performance
MSFO vs. GPIX — Risk-Adjusted Performance Rank
MSFO
GPIX
MSFO vs. GPIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax MSFT Option Income Strategy ETF (MSFO) and Goldman Sachs S&P 500 Core Premium Income ETF (GPIX). 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.
Dividends
MSFO vs. GPIX - Dividend Comparison
MSFO's dividend yield for the trailing twelve months is around 31.71%, more than GPIX's 8.97% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
MSFO YieldMax MSFT Option Income Strategy ETF
| 31.71% | 35.17% | 6.44% |
GPIX Goldman Sachs S&P 500 Core Premium Income ETF | 8.97% | 7.46% | 1.40% |
Drawdowns
MSFO vs. GPIX - Drawdown Comparison
The maximum MSFO drawdown since its inception was -19.15%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for MSFO and GPIX. For additional features, visit the drawdowns tool.
Volatility
MSFO vs. GPIX - Volatility Comparison
The current volatility for YieldMax MSFT Option Income Strategy ETF (MSFO) is 11.58%, while Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) has a volatility of 13.89%. This indicates that MSFO experiences smaller price fluctuations and is considered to be less risky than GPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.