EALT vs MSFO
Innovator US Equity 5 to 15 Buffer ETF - Quarterly vs YieldMax Microsoft Option Income Strategy ETF
Which is better, EALT or MSFO?
Each has led over a different period.
EALT has a lower expense ratio. EALT 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 | EALT | MSFO |
|---|---|---|
| Expense Ratio | 0.69%Best | 1.03% |
| AUM | $189M | $87M |
| Dividend Yield | 0.00% | 38.50% |
| Holdings | 23 | 30 |
| YTD Return | +3.94% | +10.80%Best |
| 1Y Return | +6.78%Best | +4.00% |
| 3Y Return (annualized) | +12.25% | +16.27%Best |
| Volatility (annualized) | 8.7%Best | 23.5% |
| Max Drawdown | -14.8%Best | -29.6% |
| $10,000 over 3 years | $14,322 | $16,222Best |
| Fund Family | Innovator ETFs Trust | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 2, 2023 | Aug 24, 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 2, 2023 to Oct 14, 2026 (3 years).
EALT 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 years both funds cover.
EALT vs MSFO Performance
Innovator US Equity 5 to 15 Buffer ETF - Quarterly (EALT) 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 EALT returned +6.78% while MSFO returned +4.00%. Year to date, EALT is up 3.94% versus a gain of 10.80% for MSFO.
Over three years, EALT compounded at +12.25% 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 23.5% compared with 8.7% for EALT. 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 -14.8% for EALT 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 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EALT charges 0.69% per year while MSFO charges 1.03%. On a $10,000 position that is $69 vs $103 annually, a gap of $34 per year that compounds over a long holding period. On income, EALT currently yields 0.00% against 38.50% for MSFO.
Holdings Overlap
We hold position weights for 1 holding in EALT and 2 in MSFO, totalling 100.0% and 26.6% 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 EALT and 2 in MSFO, against full books of 23 and 30.
You are not choosing between two funds in isolation.
Whichever of EALT 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, EALT or MSFO?
EALT has an expense ratio of 0.69% while MSFO charges 1.03%. EALT is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, EALT or MSFO?
Over the past year EALT returned +6.78% vs +4.00% for MSFO, so EALT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EALT or MSFO?
MSFO has been the more volatile fund at 23.5% annualized versus 8.7% for EALT. Worst drawdown: EALT -14.8% vs MSFO -29.6%.
Should I hold both EALT and MSFO?
EALT and MSFO have a monthly-return correlation of 0.48, 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, EALT or MSFO?
EALT yields 0.00% while MSFO yields 38.50%, so MSFO currently pays the higher dividend yield.
Is MSFO better than EALT?
EALT has a lower expense ratio. EALT 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.