MSFW vs. YBTC

Last updated Jun 25, 2026

MSFW (Roundhill MSFT WeeklyPay™ ETF) and YBTC (Roundhill Bitcoin Covered Call Strategy ETF) are both exchange-traded funds - MSFW is a Derivative Income fund actively managed by Roundhill, while YBTC is a Cryptocurrency fund actively managed by Roundhill. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. MSFW charges 0.99%/yr vs 0.95%/yr for YBTC.

Performance

MSFW vs. YBTC - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with MSFW having a -29.51% return and YBTC slightly lower at -29.52%.

MSFW

• 1D: -3.05%
• 1M: -15.28%
• YTD: -29.51%
• 6M: -30.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YBTC

• 1D: -4.56%
• 1M: -20.39%
• YTD: -29.52%
• 6M: -28.94%
• 1Y: -40.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSFW vs. YBTC - Yearly Performance Comparison

	2026 (YTD)	2025
MSFW Roundhill MSFT WeeklyPay™ ETF	-29.51%	-7.80%
YBTC Roundhill Bitcoin Covered Call Strategy ETF	-29.52%	-24.52%

Correlation

The correlation between MSFW and YBTC is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.31

Return for Risk

MSFW vs. YBTC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MSFW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

YBTC

YBTC Risk / Return Rank: 1
YBTC Sharpe Ratio Rank: 1
YBTC Sortino Ratio Rank: 2
YBTC Omega Ratio Rank: 1
YBTC Calmar Ratio Rank: 2
YBTC Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSFW vs. YBTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSFT WeeklyPay™ ETF (MSFW) and Roundhill Bitcoin Covered Call Strategy ETF (YBTC). 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	YBTC	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.03	—
Sortino ratio: Return per unit of downside risk	—	-1.45	—
Omega ratio: Gain probability vs. loss probability	—	0.82	—
Calmar ratio: Return relative to maximum drawdown	—	-0.84	—
Martin ratio: Return relative to average drawdown	—	-1.47	—

Drawdowns

MSFW vs. YBTC - Drawdown Comparison

The maximum MSFW drawdown since its inception was -40.42%, smaller than the maximum YBTC drawdown of -48.82%. Use the drawdown chart below to compare losses from any high point for MSFW and YBTC.

Drawdown Indicators

	MSFW	YBTC	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-48.82%	+8.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-48.82%	—
Current Drawdown Current decline from peak	-39.05%	-48.53%	+9.48%
Average Drawdown Average peak-to-trough decline	-18.35%	-13.63%	-4.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.86%	—

Volatility

Volatility by Period

	MSFW	YBTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.77%	40.04%	-7.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.77%	40.98%	-8.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.77%	40.98%	-8.21%

MSFW vs. YBTC - Expense Ratio Comparison

MSFW has a 0.99% expense ratio, which is higher than YBTC's 0.95% expense ratio.

Dividends

MSFW vs. YBTC - Dividend Comparison

MSFW's dividend yield for the trailing twelve months is around 50.19%, less than YBTC's 93.68% yield.

Position	TTM	2025	2024
MSFW Roundhill MSFT WeeklyPay™ ETF	50.19%	20.25%	0.00%
YBTC Roundhill Bitcoin Covered Call Strategy ETF	93.68%	76.04%	44.53%

Frequently Asked Questions

Can I hold both MSFW and YBTC in my portfolio?

MSFW and YBTC have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSFW or YBTC?

On fees, YBTC is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSFW or YBTC?

YBTC is cheaper with a 0.95% expense ratio, compared with 0.99% for MSFW.

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

YBTC has the higher dividend yield at 93.68%, compared with 50.19% for MSFW.

What is the main difference between MSFW and YBTC?

MSFW is categorized as Derivative Income, while YBTC is Cryptocurrency. Their fees differ too: 0.99% for MSFW and 0.95% for YBTC.