CAOS vs MSFY
Alpha Architect Tail Risk ETF vs Kurv Yield Premium Strategy Microsoft ETF
Which is better, CAOS or MSFY?
CAOS has been ahead.
CAOS has a lower expense ratio. CAOS led over 1Y, 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 | CAOS | MSFY |
|---|---|---|
| Expense Ratio | 0.63%Best | 0.99% |
| AUM | $705M | $12M |
| Dividend Yield | 0.00% | 21.61% |
| Holdings | 12 | 11 |
| YTD Return | +1.68%Best | -9.06% |
| 1Y Return | +1.45%Best | -14.10% |
| 3Y Return (annualized) | +3.57%Best | -5.03% |
| Volatility (annualized) | 1.6%Best | 29.8% |
| Max Drawdown | -3.6%Best | -44.7% |
| $10,000 over 3 years | $11,181Best | $8,566 |
| Fund Family | Alpha Architect | Kurv |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2013 | Oct 27, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 31, 2023 to Oct 14, 2026 (3 years).
CAOS vs MSFY 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 years both funds cover.
CAOS vs MSFY Performance
Alpha Architect Tail Risk ETF (CAOS) is an ETF from Alpha Architect and Kurv Yield Premium Strategy Microsoft ETF (MSFY) is an ETF from Kurv. Over the past year CAOS returned +1.45% while MSFY returned -14.10%. Year to date, CAOS is up 1.68% versus a loss of 9.06% for MSFY.
Over three years, CAOS compounded at +3.57% per year against -5.03% for MSFY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSFY has been the more volatile fund, with annualized monthly volatility of 29.8% compared with 1.6% for CAOS. 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 -3.6% for CAOS and -44.7% for MSFY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.04. They move largely independently of each other.
Fees and Cost Over Time
CAOS charges 0.63% per year while MSFY charges 0.99%. On a $10,000 position that is $63 vs $99 annually, a gap of $36 per year that compounds over a long holding period. On income, CAOS currently yields 0.00% against 21.61% for MSFY.
Holdings Overlap
We hold position weights for 1 holding in CAOS and 1 in MSFY, totalling 0.1% and 34.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in CAOS and 1 in MSFY, against full books of 12 and 11.
You are not choosing between two funds in isolation.
Whichever of CAOS and MSFY 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, CAOS or MSFY?
CAOS has an expense ratio of 0.63% while MSFY charges 0.99%. CAOS is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, CAOS or MSFY?
Over the past year CAOS returned +1.45% vs -14.10% for MSFY, so CAOS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAOS or MSFY?
MSFY has been the more volatile fund at 29.8% annualized versus 1.6% for CAOS. Worst drawdown: CAOS -3.6% vs MSFY -44.7%.
Should I hold both CAOS and MSFY?
CAOS and MSFY have a monthly-return correlation of 0.04, 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, CAOS or MSFY?
CAOS yields 0.00% while MSFY yields 21.61%, so MSFY currently pays the higher dividend yield.
Is MSFY better than CAOS?
CAOS has a lower expense ratio. CAOS led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.