MSTW vs. MSII

Last updated Aug 2, 2026

MSTW (Roundhill MSTR WeeklyPay™ ETF) and MSII (REX MSTR Growth & Income ETF) are both exchange-traded funds - MSTW is a Derivative Income fund actively managed by Roundhill, while MSII is a Leveraged Equities fund actively managed by REX. Both are actively managed. Their correlation of 0.89 means they have usually moved in the same direction. Both charge a 0.99% expense ratio.

Performance

MSTW vs. MSII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill MSTR WeeklyPay™ ETF (MSTW) and REX MSTR Growth & Income ETF (MSII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MSTW

• 1D: -5.03%
• 1M: -9.33%
• 6M: -47.69%
• YTD: -49.11%
• 1Y: -83.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -84.93%

MSII

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
MSTW Roundhill MSTR WeeklyPay™ ETF	$1.36M	$1.35M	$3.08M

MSTW vs. MSII - Yearly Performance Comparison

	2026 (YTD)	2025
MSTW Roundhill MSTR WeeklyPay™ ETF	-49.11%	-71.40%
MSII REX MSTR Growth & Income ETF	-28.10%	-64.32%

Correlation

The correlation between MSTW and MSII is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.89

The correlation between MSTW and MSII has been stable across timeframes, ranging from 0.89 to 0.89 - a consistent structural relationship.

Return for Risk

MSTW vs. MSII — Risk / Return Rank

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

MSTW

MSTW Risk / Return Rank: 1
MSTW Sharpe Ratio Rank: 2
MSTW Sortino Ratio Rank: 0
MSTW Omega Ratio Rank: 0
MSTW Calmar Ratio Rank: 0
MSTW Martin Ratio Rank: 1

MSII

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

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.

MSTW vs. MSII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSTR WeeklyPay™ ETF (MSTW) and REX MSTR Growth & Income ETF (MSII). 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	MSII	Difference
Sharpe ratio: Return per unit of total volatility	-0.93	—	—
Sortino ratio: Return per unit of downside risk	-2.27	—	—
Omega ratio: Gain probability vs. loss probability	0.77	—	—
Calmar ratio: Return relative to maximum drawdown	-0.98	—	—
Martin ratio: Return relative to average drawdown	-1.35	—	—

Drawdowns

Drawdown Indicators

	MSTW	MSII	Difference
Max Drawdown Largest peak-to-trough decline	-87.29%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-86.75%	—	—
Current Drawdown Current decline from peak	-85.46%	—	—
Average Drawdown Average peak-to-trough decline	-58.78%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	63.15%	—	—

Volatility

Volatility by Period

	MSTW	MSII	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	73.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	91.22%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.37%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.37%	—	—

MSTW vs. MSII - Expense Ratio Comparison

Both MSTW and MSII have an expense ratio of 0.99%.

Dividends

MSTW vs. MSII - Dividend Comparison

MSTW's dividend yield for the trailing twelve months is around 422.50%, while MSII has not paid dividends to shareholders.

Position	TTM	2025
MSII REX MSTR Growth & Income ETF	60.40%	48.93%
MSTW Roundhill MSTR WeeklyPay™ ETF	422.50%	106.94%

Frequently Asked Questions

Can I hold both MSTW and MSII in my portfolio?

MSTW and MSII have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSTW or MSII?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSTW or MSII?

MSTW and MSII have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, MSTW or MSII?

MSTW has the higher dividend yield at 422.50%, compared with 60.40% for MSII.

What is the main difference between MSTW and MSII?

MSTW is categorized as Derivative Income, while MSII is Leveraged Equities. They also come from different issuers: Roundhill and REX.