MSFW vs. GOOW

Last updated Aug 4, 2026

MSFW (Roundhill MSFT WeeklyPay™ ETF) and GOOW (Roundhill GOOGL WeeklyPay™ ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Over the past year, MSFW returned -11.69% vs 114.49% for GOOW. Their 0.22 correlation means their historical movements had little consistent relationship. Both charge a 0.99% expense ratio.

Performance

MSFW vs. GOOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill MSFT WeeklyPay™ ETF (MSFW) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSFW achieves a -1.17% return, which is significantly lower than GOOW's 19.81% return.

MSFW

• 1D: 6.13%
• 1M: 29.95%
• 6M: 16.42%
• YTD: -1.17%
• 1Y: -11.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -8.65%

GOOW

• 1D: 5.51%
• 1M: 3.59%
• 6M: 7.12%
• YTD: 19.81%
• 1Y: 114.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 101.27%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GOOW Roundhill GOOGL WeeklyPay™ ETF	$2.08M	$1.80M	$2.25M
MSFW Roundhill MSFT WeeklyPay™ ETF	$682.19K	$485.58K	$595.84K

MSFW vs. GOOW - Yearly Performance Comparison

	2026 (YTD)	2025
MSFW Roundhill MSFT WeeklyPay™ ETF	-1.17%	-7.80%
GOOW Roundhill GOOGL WeeklyPay™ ETF	19.81%	71.16%

Correlation

The correlation between MSFW and GOOW is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.22

MSFW vs. GOOW - Sectors Allocation Comparison

Sectors	MSFW	GOOW
Technology	22.3%	-
Basic Materials	-	-
Communication Services	-	100.0%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

MSFW vs. GOOW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MSFW

MSFW Risk / Return Rank: 7
MSFW Sharpe Ratio Rank: 7
MSFW Sortino Ratio Rank: 7
MSFW Omega Ratio Rank: 7
MSFW Calmar Ratio Rank: 7
MSFW Martin Ratio Rank: 8

GOOW

GOOW Risk / Return Rank: 92
GOOW Sharpe Ratio Rank: 95
GOOW Sortino Ratio Rank: 94
GOOW Omega Ratio Rank: 92
GOOW Calmar Ratio Rank: 93
GOOW Martin Ratio Rank: 85

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MSFW vs. GOOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSFT WeeklyPay™ ETF (MSFW) and Roundhill GOOGL WeeklyPay™ ETF (GOOW). 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.

	MSFW	GOOW	Difference
Sharpe ratio: Return per unit of total volatility	-0.30	2.89	-3.20
Sortino ratio: Return per unit of downside risk	-0.20	3.76	-3.96
Omega ratio: Gain probability vs. loss probability	0.98	1.46	-0.49
Calmar ratio: Return relative to maximum drawdown	-0.28	4.53	-4.81
Martin ratio: Return relative to average drawdown	-0.49	12.41	-12.91

MSFW vs. GOOW - Sharpe Ratio Comparison

The current MSFW Sharpe Ratio is -0.30, which is lower than the GOOW Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of MSFW and GOOW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MSFW vs. GOOW - Drawdown Comparison

The maximum MSFW drawdown since its inception was -41.85%, which is greater than GOOW's maximum drawdown of -25.44%. Use the drawdown chart below to compare losses from any high point for MSFW and GOOW.

Drawdown Indicators

	MSFW	GOOW	Difference
Max Drawdown Largest peak-to-trough decline	-41.85%	-25.44%	-16.41%
Max Drawdown (1Y) Largest decline over 1 year	-41.85%	-25.44%	-16.41%
Current Drawdown Current decline from peak	-14.54%	-9.90%	-4.64%
Average Drawdown Average peak-to-trough decline	-19.91%	-6.43%	-13.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.81%	9.26%	+14.55%

Volatility

MSFW vs. GOOW - Volatility Comparison

Roundhill MSFT WeeklyPay™ ETF (MSFW) has a higher volatility of 19.19% compared to Roundhill GOOGL WeeklyPay™ ETF (GOOW) at 16.43%. This indicates that MSFW's price experiences larger fluctuations and is considered to be riskier than GOOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFW	GOOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.19%	16.43%	+2.76%
Volatility (6M) Calculated over the trailing 6-month period	32.17%	30.92%	+1.25%
Volatility (1Y) Calculated over the trailing 1-year period	38.68%	39.89%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.51%	39.65%	-1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.51%	39.65%	-1.14%

MSFW vs. GOOW - Expense Ratio Comparison

Both MSFW and GOOW have an expense ratio of 0.99%.

Dividends

MSFW vs. GOOW - Dividend Comparison

MSFW's dividend yield for the trailing twelve months is around 40.59%, which matches GOOW's 40.84% yield.

Position	TTM	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	40.84%	19.77%
MSFW Roundhill MSFT WeeklyPay™ ETF	40.59%	20.25%

Frequently Asked Questions

Can I hold both MSFW and GOOW in my portfolio?

MSFW and GOOW have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSFW or GOOW?

MSFW has higher volatility (19.19%) compared to GOOW (16.43%). In terms of maximum drawdown, MSFW dropped -41.85% vs GOOW's -25.44%.

Which ETF is better, MSFW or GOOW?

On 1-year performance, GOOW leads with 114.49% vs -11.69% for MSFW. Both ETFs have the same 0.99% expense ratio. On volatility, GOOW has been the lower-risk option at 16.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSFW or GOOW?

Over the 1-year period, GOOW has performed better with a 114.49% return vs -11.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSFW or GOOW?

MSFW and GOOW have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, MSFW or GOOW?

GOOW has the higher dividend yield at 40.84%, compared with 40.59% for MSFW.

Which has better risk-adjusted returns?

GOOW currently has the higher Sharpe Ratio (2.89 vs -0.30), 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.