BMAY vs MSFO
Innovator US Equity Buffer ETF - May vs YieldMax Microsoft Option Income Strategy ETF
Which is better, BMAY or MSFO?
Each has led over a different period.
BMAY has a lower expense ratio. BMAY led over 1Y, MSFO over 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BMAY | MSFO |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.03% |
| AUM | $239M | $87M |
| Dividend Yield | 0.00% | 38.50% |
| Holdings | 18 | 30 |
| YTD Return | +8.86% | +10.80%Best |
| 1Y Return | +11.65%Best | +4.00% |
| 3Y Return (annualized) | +15.64% | +16.27%Best |
| 5Y Return (annualized) | +8.89% | - |
| Volatility (annualized) | 6.7%Best | 23.3% |
| Max Drawdown | -12.8%Best | -29.6% |
| $10,000 over 3.1 years | $15,361 | $16,300Best |
| Fund Family | Innovator ETFs Trust | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 30, 2020 | Aug 24, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 25, 2023 to Oct 14, 2026 (3.1 years).
BMAY vs MSFO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
BMAY vs MSFO Performance
Innovator US Equity Buffer ETF - May (BMAY) is an ETF from Innovator ETFs Trust and YieldMax Microsoft Option Income Strategy ETF (MSFO) is an ETF from YieldMax ETF. Over the past year BMAY returned +11.65% while MSFO returned +4.00%. Year to date, BMAY is up 8.86% versus a gain of 10.80% for MSFO.
Over three years, BMAY compounded at +15.64% per year against +16.27% for MSFO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSFO has been the more volatile fund, with annualized monthly volatility of 23.3% compared with 6.7% for BMAY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.8% for BMAY and -29.6% for MSFO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BMAY charges 0.79% per year while MSFO charges 1.03%. On a $10,000 position that is $79 vs $103 annually, a gap of $24 per year that compounds over a long holding period. On income, BMAY currently yields 0.00% against 38.50% for MSFO.
You are not choosing between two funds in isolation.
Whichever of BMAY and MSFO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BMAY or MSFO?
BMAY has an expense ratio of 0.79% while MSFO charges 1.03%. BMAY is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, BMAY or MSFO?
Over the past year BMAY returned +11.65% vs +4.00% for MSFO, so BMAY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BMAY or MSFO?
MSFO has been the more volatile fund at 23.3% annualized versus 6.7% for BMAY. Worst drawdown: BMAY -12.8% vs MSFO -29.6%.
Should I hold both BMAY and MSFO?
BMAY and MSFO have a monthly-return correlation of 0.47, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BMAY or MSFO?
BMAY yields 0.00% while MSFO yields 38.50%, so MSFO currently pays the higher dividend yield.
Is MSFO better than BMAY?
BMAY has a lower expense ratio. BMAY led over 1Y, MSFO over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.