MSFY vs. AMDY

Last updated Jun 24, 2026

MSFY (Kurv Yield Premium Strategy Microsoft ETF) and AMDY (YieldMax AMD Option Income Strategy ETF) are both Derivative Income funds. Both are actively managed. Over the past year, MSFY returned -23.06% vs 203.83% for AMDY. At a 0.36 correlation, their price movements are largely independent. MSFY charges 1.00%/yr vs 1.23%/yr for AMDY.

Performance

MSFY vs. AMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Microsoft ETF (MSFY) and YieldMax AMD Option Income Strategy ETF (AMDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSFY achieves a -25.63% return, which is significantly lower than AMDY's 101.34% return.

MSFY

• 1D: 2.04%
• 1M: -11.80%
• YTD: -25.63%
• 6M: -25.98%
• 1Y: -23.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDY

• 1D: -4.73%
• 1M: 8.37%
• YTD: 101.34%
• 6M: 101.99%
• 1Y: 203.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSFY vs. AMDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MSFY Kurv Yield Premium Strategy Microsoft ETF	-25.63%	14.11%	10.88%	2.57%
AMDY YieldMax AMD Option Income Strategy ETF	101.34%	53.93%	-17.00%	22.32%

Correlation

The correlation between MSFY and AMDY is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023	0.36

The correlation between MSFY and AMDY shifts across timeframes, from 0.20 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MSFY vs. AMDY — Risk / Return Rank

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

MSFY

MSFY Risk / Return Rank: 3
MSFY Sharpe Ratio Rank: 2
MSFY Sortino Ratio Rank: 3
MSFY Omega Ratio Rank: 2
MSFY Calmar Ratio Rank: 3
MSFY Martin Ratio Rank: 2

AMDY

AMDY Risk / Return Rank: 90
AMDY Sharpe Ratio Rank: 95
AMDY Sortino Ratio Rank: 88
AMDY Omega Ratio Rank: 88
AMDY Calmar Ratio Rank: 95
AMDY Martin Ratio Rank: 84

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.

MSFY vs. AMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Microsoft ETF (MSFY) and YieldMax AMD Option Income Strategy ETF (AMDY). 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.

	MSFY	AMDY	Difference
Sharpe ratio: Return per unit of total volatility	-0.84	3.65	-4.49
Sortino ratio: Return per unit of downside risk	-1.04	3.82	-4.86
Omega ratio: Gain probability vs. loss probability	0.86	1.53	-0.67
Calmar ratio: Return relative to maximum drawdown	-0.68	7.44	-8.11
Martin ratio: Return relative to average drawdown	-1.39	16.58	-17.97

MSFY vs. AMDY - Sharpe Ratio Comparison

The current MSFY Sharpe Ratio is -0.84, which is lower than the AMDY Sharpe Ratio of 3.65. The chart below compares the historical Sharpe Ratios of MSFY and AMDY, 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

MSFY vs. AMDY - Drawdown Comparison

The maximum MSFY drawdown since its inception was -34.21%, smaller than the maximum AMDY drawdown of -53.92%. Use the drawdown chart below to compare losses from any high point for MSFY and AMDY.

Drawdown Indicators

	MSFY	AMDY	Difference
Max Drawdown Largest peak-to-trough decline	-34.21%	-53.92%	+19.71%
Max Drawdown (1Y) Largest decline over 1 year	-34.21%	-27.59%	-6.62%
Current Drawdown Current decline from peak	-31.29%	-4.73%	-26.56%
Average Drawdown Average peak-to-trough decline	-7.59%	-17.78%	+10.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.62%	12.35%	+4.27%

Volatility

MSFY vs. AMDY - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Microsoft ETF (MSFY) is 12.22%, while YieldMax AMD Option Income Strategy ETF (AMDY) has a volatility of 21.35%. This indicates that MSFY experiences smaller price fluctuations and is considered to be less risky than AMDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFY	AMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	21.35%	-9.13%
Volatility (6M) Calculated over the trailing 6-month period	25.76%	43.63%	-17.87%
Volatility (1Y) Calculated over the trailing 1-year period	27.53%	56.19%	-28.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.54%	46.93%	-24.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.54%	46.93%	-24.39%

MSFY vs. AMDY - Expense Ratio Comparison

MSFY has a 1.00% expense ratio, which is lower than AMDY's 1.23% expense ratio.

Dividends

MSFY vs. AMDY - Dividend Comparison

MSFY's dividend yield for the trailing twelve months is around 28.13%, less than AMDY's 65.88% yield.

Position	TTM	2025	2024	2023
AMDY YieldMax AMD Option Income Strategy ETF	65.88%	80.68%	109.98%	6.68%
MSFY Kurv Yield Premium Strategy Microsoft ETF	28.13%	18.56%	14.35%	1.94%

Frequently Asked Questions

Can I hold both MSFY and AMDY in my portfolio?

MSFY and AMDY have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSFY or AMDY?

AMDY has higher volatility (21.35%) compared to MSFY (12.22%). In terms of maximum drawdown, MSFY dropped -34.21% vs AMDY's -53.92%.

Which ETF is better, MSFY or AMDY?

On 1-year performance, AMDY leads with 203.83% vs -23.06% for MSFY. On fees, MSFY is cheaper at 1.00% per year. On volatility, MSFY has been the lower-risk option at 12.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSFY or AMDY?

Over the 1-year period, AMDY has performed better with a 203.83% return vs -23.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSFY or AMDY?

MSFY is cheaper with a 1.00% expense ratio, compared with 1.23% for AMDY.

Which ETF pays a higher dividend yield, MSFY or AMDY?

AMDY has the higher dividend yield at 65.88%, compared with 28.13% for MSFY.

What is the main difference between MSFY and AMDY?

They also come from different issuers: Kurv and YieldMax ETFs. Their fees differ too: 1.00% for MSFY and 1.23% for AMDY.

Which has better risk-adjusted returns?

AMDY currently has the higher Sharpe Ratio (3.65 vs -0.84), 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.