MSFY vs. MSFW

Last updated Aug 5, 2026

MSFY (Kurv Yield Premium Strategy Microsoft ETF) and MSFW (Roundhill MSFT WeeklyPay™ ETF) are both Derivative Income funds. Both are actively managed. Over the past year, MSFY returned -12.05% vs -12.87% for MSFW. Their 0.97 correlation means they have historically moved very closely together. MSFY charges 1.00%/yr vs 0.99%/yr for MSFW.

Performance

MSFY vs. MSFW - Performance Comparison

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

Returns By Period

In the year-to-date period, MSFY achieves a -7.56% return, which is significantly lower than MSFW's -0.16% return.

MSFY

• 1D: 1.12%
• 1M: 19.29%
• 6M: 11.06%
• YTD: -7.56%
• 1Y: -12.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.86%

MSFW

• 1D: 1.01%
• 1M: 31.26%
• 6M: 21.83%
• YTD: -0.16%
• 1Y: -12.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -7.73%

*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)
MSFW Roundhill MSFT WeeklyPay™ ETF	$703.29K	$483.17K	$596.75K
MSFY Kurv Yield Premium Strategy Microsoft ETF	$332.29K	$251.71K	$274.77K

MSFY vs. MSFW - Yearly Performance Comparison

	2026 (YTD)	2025
MSFY Kurv Yield Premium Strategy Microsoft ETF	-7.56%	0.24%
MSFW Roundhill MSFT WeeklyPay™ ETF	-0.16%	-7.80%

Correlation

The correlation between MSFY and MSFW is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.98
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.97

The correlation between MSFY and MSFW has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

MSFY vs. MSFW — Risk / Return Rank

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

MSFY

MSFY Risk / Return Rank: 6
MSFY Sharpe Ratio Rank: 6
MSFY Sortino Ratio Rank: 6
MSFY Omega Ratio Rank: 6
MSFY Calmar Ratio Rank: 7
MSFY Martin Ratio Rank: 6

MSFW

MSFW Risk / Return Rank: 7
MSFW Sharpe Ratio Rank: 6
MSFW Sortino Ratio Rank: 7
MSFW Omega Ratio Rank: 6
MSFW Calmar Ratio Rank: 7
MSFW Martin Ratio Rank: 7

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.

MSFY vs. MSFW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Microsoft ETF (MSFY) and Roundhill MSFT WeeklyPay™ ETF (MSFW). 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	MSFW	Difference
Sharpe ratio: Return per unit of total volatility	-0.37	-0.34	-0.04
Sortino ratio: Return per unit of downside risk	-0.34	-0.26	-0.08
Omega ratio: Gain probability vs. loss probability	0.96	0.97	-0.01
Calmar ratio: Return relative to maximum drawdown	-0.34	-0.31	-0.03
Martin ratio: Return relative to average drawdown	-0.63	-0.54	-0.09

MSFY vs. MSFW - Sharpe Ratio Comparison

The current MSFY Sharpe Ratio is -0.37, which is comparable to the MSFW Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of MSFY and MSFW, 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. MSFW - Drawdown Comparison

The maximum MSFY drawdown since its inception was -35.65%, smaller than the maximum MSFW drawdown of -41.85%. Use the drawdown chart below to compare losses from any high point for MSFY and MSFW.

Drawdown Indicators

	MSFY	MSFW	Difference
Max Drawdown Largest peak-to-trough decline	-35.65%	-41.85%	+6.20%
Max Drawdown (1Y) Largest decline over 1 year	-35.65%	-41.85%	+6.20%
Current Drawdown Current decline from peak	-14.60%	-13.68%	-0.92%
Average Drawdown Average peak-to-trough decline	-8.44%	-19.89%	+11.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.16%	23.83%	-4.67%

Volatility

MSFY vs. MSFW - Volatility Comparison

The current volatility for Kurv Yield Premium Strategy Microsoft ETF (MSFY) is 14.28%, while Roundhill MSFT WeeklyPay™ ETF (MSFW) has a volatility of 19.03%. This indicates that MSFY experiences smaller price fluctuations and is considered to be less risky than MSFW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFY	MSFW	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.28%	19.03%	-4.75%
Volatility (6M) Calculated over the trailing 6-month period	27.36%	32.12%	-4.76%
Volatility (1Y) Calculated over the trailing 1-year period	32.50%	38.62%	-6.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.57%	38.45%	-13.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.57%	38.45%	-13.88%

MSFY vs. MSFW - Expense Ratio Comparison

MSFY has a 1.00% expense ratio, which is higher than MSFW's 0.99% expense ratio.

Dividends

MSFY vs. MSFW - Dividend Comparison

MSFY's dividend yield for the trailing twelve months is around 22.66%, less than MSFW's 39.34% yield.

Position	TTM	2025	2024	2023
MSFW Roundhill MSFT WeeklyPay™ ETF	39.34%	20.25%	0.00%	0.00%
MSFY Kurv Yield Premium Strategy Microsoft ETF	22.66%	18.56%	14.35%	1.94%

Frequently Asked Questions

Can I hold both MSFY and MSFW in my portfolio?

With a correlation of 0.98, MSFY and MSFW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MSFY or MSFW?

MSFW has higher volatility (19.03%) compared to MSFY (14.28%). In terms of maximum drawdown, MSFY dropped -35.65% vs MSFW's -41.85%.

Which ETF is better, MSFY or MSFW?

On 1-year performance, MSFY leads with -12.05% vs -12.87% for MSFW. On fees, MSFW is cheaper at 0.99% per year. On volatility, MSFY has been the lower-risk option at 14.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSFY or MSFW?

Over the 1-year period, MSFY has performed better with a -12.05% return vs -12.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSFY or MSFW?

MSFW is cheaper with a 0.99% expense ratio, compared with 1.00% for MSFY.

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

MSFW has the higher dividend yield at 39.34%, compared with 22.66% for MSFY.

What is the main difference between MSFY and MSFW?

They also come from different issuers: Kurv and Roundhill. Their fees differ too: 1.00% for MSFY and 0.99% for MSFW.

Which has better risk-adjusted returns?

MSFW currently has the higher Sharpe Ratio (-0.34 vs -0.37), 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.