MSFO vs. QQQ
Compare and contrast key facts about YieldMax MSFT Option Income Strategy ETF (MSFO) and Invesco QQQ (QQQ).
MSFO and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFO or QQQ.
Key characteristics
| MSFO | QQQ | |
|---|---|---|
| YTD Return | 12.47% | 25.63% |
| 1Y Return | 18.01% | 33.85% |
| Sharpe Ratio | 1.21 | 2.12 |
| Sortino Ratio | 1.58 | 2.79 |
| Omega Ratio | 1.23 | 1.38 |
| Calmar Ratio | 1.44 | 2.71 |
| Martin Ratio | 3.93 | 9.88 |
| Ulcer Index | 4.84% | 3.72% |
| Daily Std Dev | 15.74% | 17.31% |
| Max Drawdown | -13.17% | -82.98% |
| Current Drawdown | -5.99% | -0.37% |
Correlation
The correlation between MSFO and QQQ is 0.70, 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. QQQ - Performance Comparison
In the year-to-date period, MSFO achieves a 12.47% return, which is significantly lower than QQQ's 25.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MSFO vs. QQQ - Expense Ratio Comparison
MSFO has a 0.99% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
MSFO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax MSFT Option Income Strategy ETF (MSFO) and Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
MSFO's dividend yield for the trailing twelve months is around 32.16%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFO YieldMax MSFT Option Income Strategy ETF
| 32.16% | 6.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
MSFO vs. QQQ - Drawdown Comparison
The maximum MSFO drawdown since its inception was -13.17%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MSFO and QQQ. For additional features, visit the drawdowns tool.
Volatility
MSFO vs. QQQ - Volatility Comparison
YieldMax MSFT Option Income Strategy ETF (MSFO) has a higher volatility of 6.04% compared to Invesco QQQ (QQQ) at 4.91%. This indicates that MSFO's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.