MSFW vs. MRNY
MSFW (Roundhill MSFT WeeklyPay™ ETF) and MRNY (YieldMax MRNA Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. At a 0.06 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
MSFW vs. MRNY - Performance Comparison
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Returns By Period
In the year-to-date period, MSFW achieves a -14.73% return, which is significantly lower than MRNY's 51.59% return.
MSFW
- 1D
- -3.61%
- 1M
- 4.05%
- YTD
- -14.73%
- 6M
- -13.76%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MRNY
- 1D
- 5.73%
- 1M
- 4.23%
- YTD
- 51.59%
- 6M
- 62.21%
- 1Y
- 47.46%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSFW vs. MRNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSFW Roundhill MSFT WeeklyPay™ ETF | -14.73% | -7.81% |
MRNY YieldMax MRNA Option Income Strategy ETF | 51.59% | -17.61% |
Correlation
The correlation between MSFW and MRNY is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025 | 0.06 |
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Return for Risk
MSFW vs. MRNY — Risk / Return Rank
MSFW
MRNY
MSFW vs. MRNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill MSFT WeeklyPay™ ETF (MSFW) and YieldMax MRNA Option Income Strategy ETF (MRNY). 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.
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Sharpe Ratios by Period
| MSFW | MRNY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.97 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.76 | -0.49 | -0.26 |
Drawdowns
MSFW vs. MRNY - Drawdown Comparison
The maximum MSFW drawdown since its inception was -40.42%, smaller than the maximum MRNY drawdown of -82.15%. Use the drawdown chart below to compare losses from any high point for MSFW and MRNY.
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Drawdown Indicators
| MSFW | MRNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.42% | -82.15% | +41.73% |
Max Drawdown (1Y)Largest decline over 1 year | — | -31.53% | — |
Current DrawdownCurrent decline from peak | -26.27% | -68.09% | +41.82% |
Average DrawdownAverage peak-to-trough decline | -17.45% | -52.62% | +35.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 16.15% | — |
Volatility
MSFW vs. MRNY - Volatility Comparison
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Volatility by Period
| MSFW | MRNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 37.05% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 32.40% | 49.37% | -16.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.40% | 50.76% | -18.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.40% | 50.76% | -18.36% |
MSFW vs. MRNY - Expense Ratio Comparison
Both MSFW and MRNY have an expense ratio of 0.99%.
Dividends
MSFW vs. MRNY - Dividend Comparison
MSFW's dividend yield for the trailing twelve months is around 39.31%, less than MRNY's 100.06% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MRNY YieldMax MRNA Option Income Strategy ETF | 100.06% | 145.98% | 178.49% | 1.75% |
MSFW Roundhill MSFT WeeklyPay™ ETF | 39.31% | 20.25% | 0.00% | 0.00% |
Frequently Asked Questions
MSFW and MRNY have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
MSFW and MRNY have the same expense ratio: 0.99% per year.
MRNY has the higher dividend yield at 100.06%, compared with 39.31% for MSFW.
They also come from different issuers: Roundhill and YieldMax.
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