MSFO vs. SPYI
Compare and contrast key facts about YieldMax MSFT Option Income Strategy ETF (MSFO) and NEOS S&P 500 High Income ETF (SPYI).
MSFO and SPYI 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. SPYI is an actively managed fund by Neos Investments. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSFO or SPYI.
Key characteristics
| MSFO | SPYI | |
|---|---|---|
| YTD Return | 12.47% | 20.35% |
| 1Y Return | 18.01% | 24.15% |
| Sharpe Ratio | 1.21 | 2.73 |
| Sortino Ratio | 1.58 | 3.65 |
| Omega Ratio | 1.23 | 1.59 |
| Calmar Ratio | 1.44 | 3.78 |
| Martin Ratio | 3.93 | 19.00 |
| Ulcer Index | 4.84% | 1.32% |
| Daily Std Dev | 15.74% | 9.14% |
| Max Drawdown | -13.17% | -10.19% |
| Current Drawdown | -5.99% | -0.04% |
Correlation
The correlation between MSFO and SPYI is 0.63, 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. SPYI - Performance Comparison
In the year-to-date period, MSFO achieves a 12.47% return, which is significantly lower than SPYI's 20.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MSFO vs. SPYI - Expense Ratio Comparison
MSFO has a 0.99% expense ratio, which is higher than SPYI's 0.68% expense ratio.
Risk-Adjusted Performance
MSFO vs. SPYI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax MSFT Option Income Strategy ETF (MSFO) and NEOS S&P 500 High Income ETF (SPYI). 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. SPYI - Dividend Comparison
MSFO's dividend yield for the trailing twelve months is around 32.16%, more than SPYI's 11.53% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MSFO YieldMax MSFT Option Income Strategy ETF
| 32.16% | 6.44% | 0.00% |
SPYI NEOS S&P 500 High Income ETF | 11.53% | 12.01% | 4.10% |
Drawdowns
MSFO vs. SPYI - Drawdown Comparison
The maximum MSFO drawdown since its inception was -13.17%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for MSFO and SPYI. For additional features, visit the drawdowns tool.
Volatility
MSFO vs. SPYI - Volatility Comparison
YieldMax MSFT Option Income Strategy ETF (MSFO) has a higher volatility of 6.04% compared to NEOS S&P 500 High Income ETF (SPYI) at 2.59%. This indicates that MSFO's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.