MSFY vs. QYLD
MSFY (Kurv Yield Premium Strategy Microsoft ETF) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both exchange-traded funds - MSFY is a Derivative Income fund actively managed by Kurv, while QYLD is a Nasdaq-100 fund tracking the CBOE NASDAQ-100 Buy Write V2. MSFY is actively managed, while QYLD is passively managed. Over the past year, MSFY returned -7.25% vs 23.93% for QYLD. A 0.58 correlation means they provide meaningful diversification when combined. MSFY charges 1.00%/yr vs 0.60%/yr for QYLD.
Performance
MSFY vs. QYLD - Performance Comparison
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Returns By Period
In the year-to-date period, MSFY achieves a -13.99% return, which is significantly lower than QYLD's 7.88% return.
MSFY
- 1D
- -3.43%
- 1M
- 4.37%
- YTD
- -13.99%
- 6M
- -12.67%
- 1Y
- -7.25%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QYLD
- 1D
- -0.06%
- 1M
- 1.62%
- YTD
- 7.88%
- 6M
- 9.97%
- 1Y
- 23.93%
- 3Y*
- 13.80%
- 5Y*
- 8.43%
- 10Y*
- 9.80%
MSFY vs. QYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MSFY Kurv Yield Premium Strategy Microsoft ETF | -13.99% | 14.11% | 10.88% | 2.57% |
QYLD Global X NASDAQ 100 Covered Call ETF | 7.88% | 9.28% | 19.35% | 4.14% |
Correlation
The correlation between MSFY and QYLD is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2023 | 0.58 |
The correlation between MSFY and QYLD shifts across timeframes, from 0.42 (1 year) to 0.58 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MSFY vs. QYLD — Risk / Return Rank
MSFY
QYLD
MSFY vs. QYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Microsoft ETF (MSFY) and Global X NASDAQ 100 Covered Call ETF (QYLD). 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.
| MSFY | QYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -4.11 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.63 | -0.66 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 4.84 | -5.05 |
| Martin ratioReturn relative to average drawdown | -0.47 | 28.36 | -28.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MSFY | QYLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | 2.80 | -3.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.63 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.59 | -0.39 |
Drawdowns
MSFY vs. QYLD - Drawdown Comparison
The maximum MSFY drawdown since its inception was -34.21%, which is greater than QYLD's maximum drawdown of -24.75%. Use the drawdown chart below to compare losses from any high point for MSFY and QYLD.
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Drawdown Indicators
| MSFY | QYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.21% | -24.75% | -9.46% |
Max Drawdown (1Y)Largest decline over 1 year | -34.21% | -4.97% | -29.24% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.75% | — |
Current DrawdownCurrent decline from peak | -20.53% | -0.06% | -20.47% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -3.84% | -3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.40% | 0.85% | +14.55% |
Volatility
MSFY vs. QYLD - Volatility Comparison
Kurv Yield Premium Strategy Microsoft ETF (MSFY) has a higher volatility of 10.84% compared to Global X NASDAQ 100 Covered Call ETF (QYLD) at 1.85%. This indicates that MSFY's price experiences larger fluctuations and is considered to be riskier than QYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSFY | QYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.84% | 1.85% | +8.99% |
Volatility (6M)Calculated over the trailing 6-month period | 25.02% | 7.12% | +17.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.51% | 8.58% | +17.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.27% | 14.70% | +7.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.27% | 15.49% | +6.78% |
MSFY vs. QYLD - Expense Ratio Comparison
MSFY has a 1.00% expense ratio, which is higher than QYLD's 0.60% expense ratio.
Dividends
MSFY vs. QYLD - Dividend Comparison
MSFY's dividend yield for the trailing twelve months is around 24.31%, more than QYLD's 11.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFY Kurv Yield Premium Strategy Microsoft ETF | 24.31% | 18.56% | 14.35% | 1.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QYLD Global X NASDAQ 100 Covered Call ETF | 11.46% | 11.55% | 12.50% | 11.78% | 13.75% | 12.85% | 11.16% | 9.84% | 12.44% | 7.69% | 9.15% | 9.42% |
Frequently Asked Questions
MSFY and QYLD have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFY has higher volatility (10.84%) compared to QYLD (1.85%). In terms of maximum drawdown, MSFY dropped -34.21% vs QYLD's -24.75%.
On 1-year performance, QYLD leads with 23.93% vs -7.25% for MSFY. On fees, QYLD is cheaper at 0.60% per year. On volatility, QYLD has been the lower-risk option at 1.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QYLD has performed better with a 23.93% return vs -7.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QYLD is cheaper with a 0.60% expense ratio, compared with 1.00% for MSFY.
MSFY has the higher dividend yield at 24.31%, compared with 11.46% for QYLD.
MSFY is categorized as Derivative Income, while QYLD is Nasdaq-100. They also come from different issuers: Kurv and Global X. Their fees differ too: 1.00% for MSFY and 0.60% for QYLD.
QYLD currently has the higher Sharpe Ratio (2.80 vs -0.27), 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.
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