MSTW vs. FYEE
MSTW (Roundhill MSTR WeeklyPay ETF) and FYEE (Fidelity Yield Enhanced Equity ETF) are both Derivative Income funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. MSTW charges 0.99%/yr vs 0.28%/yr for FYEE.
Performance
MSTW vs. FYEE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MSTW achieves a -40.29% return, which is significantly lower than FYEE's 5.23% return.
MSTW
- 1D
- -5.77%
- 1M
- -41.43%
- YTD
- -40.29%
- 6M
- -43.01%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FYEE
- 1D
- -1.18%
- 1M
- -0.71%
- YTD
- 5.23%
- 6M
- 4.69%
- 1Y
- 21.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTW vs. FYEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSTW Roundhill MSTR WeeklyPay ETF | -40.29% | -71.40% |
FYEE Fidelity Yield Enhanced Equity ETF | 5.23% | 11.29% |
Correlation
The correlation between MSTW and FYEE is 0.46, 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 | 0.46 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MSTW vs. FYEE — Risk / Return Rank
MSTW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FYEE
MSTW vs. FYEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill MSTR WeeklyPay ETF (MSTW) and Fidelity Yield Enhanced Equity ETF (FYEE). 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.
| MSTW | FYEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.86 | — |
| Martin ratioReturn relative to average drawdown | — | 14.01 | — |
Loading charts...
Drawdowns
MSTW vs. FYEE - Drawdown Comparison
The maximum MSTW drawdown since its inception was -82.94%, which is greater than FYEE's maximum drawdown of -18.79%. Use the drawdown chart below to compare losses from any high point for MSTW and FYEE.
Loading charts...
Drawdown Indicators
| MSTW | FYEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.94% | -18.79% | -64.15% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.39% | — |
Current DrawdownCurrent decline from peak | -82.94% | -1.97% | -80.97% |
Average DrawdownAverage peak-to-trough decline | -55.68% | -2.23% | -53.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.51% | — |
Volatility
MSTW vs. FYEE - Volatility Comparison
Loading charts...
Volatility by Period
| MSTW | FYEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.15% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.14% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 89.08% | 10.30% | +78.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.08% | 13.93% | +75.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.08% | 13.93% | +75.15% |
MSTW vs. FYEE - Expense Ratio Comparison
MSTW has a 0.99% expense ratio, which is higher than FYEE's 0.28% expense ratio.
Dividends
MSTW vs. FYEE - Dividend Comparison
MSTW's dividend yield for the trailing twelve months is around 325.95%, more than FYEE's 8.63% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FYEE Fidelity Yield Enhanced Equity ETF | 8.63% | 7.08% | 5.45% |
MSTW Roundhill MSTR WeeklyPay ETF | 325.95% | 106.94% | 0.00% |
Frequently Asked Questions
MSTW and FYEE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FYEE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FYEE is cheaper with a 0.28% expense ratio, compared with 0.99% for MSTW.
MSTW has the higher dividend yield at 325.95%, compared with 8.63% for FYEE.
They also come from different issuers: Roundhill and Fidelity. Their fees differ too: 0.99% for MSTW and 0.28% for FYEE.
Find the right allocation for MSTW and FYEE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer