MRNY vs MSFO
YieldMax MRNA Option Income Strategy ETF vs YieldMax Microsoft Option Income Strategy ETF
Which is better, MRNY or MSFO?
MRNY has been ahead.
MRNY has a lower expense ratio. MRNY 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 | MRNY | MSFO |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.03% |
| AUM | $243M | $87M |
| Dividend Yield | 41.90% | 38.50% |
| Holdings | 31 | 30 |
| YTD Return | +447.17%Best | +10.80% |
| 1Y Return | +503.56%Best | +4.00% |
| 3Y Return (annualized) | +21.31%Best | +16.27% |
| Volatility (annualized) | 98.5% | 23.5%Best |
| Max Drawdown | -82.2% | -29.6%Best |
| $10,000 over 3 years | $17,852Best | $15,755 |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 23, 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 24, 2023 to Oct 14, 2026 (3 years).
MRNY 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.
MRNY vs MSFO Performance
YieldMax MRNA Option Income Strategy ETF (MRNY) is an ETF from YieldMax ETF and YieldMax Microsoft Option Income Strategy ETF (MSFO) is an ETF from YieldMax ETF. Over the past year MRNY returned +503.56% while MSFO returned +4.00%. Year to date, MRNY is up 447.17% versus a gain of 10.80% for MSFO.
Over three years, MRNY compounded at +21.31% per year against +16.27% for MSFO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MRNY has been the more volatile fund, with annualized monthly volatility of 98.5% compared with 23.5% for MSFO. 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 -82.2% for MRNY 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 -0.04. They move largely independently of each other.
Fees and Cost Over Time
MRNY charges 1.00% per year while MSFO charges 1.03%. On a $10,000 position that is $100 vs $103 annually, a gap of $3 per year that compounds over a long holding period. On income, MRNY currently yields 41.90% against 38.50% for MSFO.
Holdings Overlap
We hold position weights for 2 holdings in MRNY and 2 in MSFO, totalling 12.8% and 26.6% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 2 positions appear in both.
2 positions in common, counted across the 2 positions we hold weights for in MRNY and 2 in MSFO, against full books of 31 and 30.
Top Shared Holdings
| Stock | Weight in MRNY | Weight in MSFO | Difference |
|---|---|---|---|
| T 2.375 05/15/27United States Treasury Note/Bond 2.375% 05/15/2027 2.375 05/15/2027 | 5.49% | 24.15% | 18.66% |
| FGXXXFirst American Government Obligations Fund | 7.27% | 2.43% | 4.84% |
You are not choosing between two funds in isolation.
Whichever of MRNY 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, MRNY or MSFO?
MRNY has an expense ratio of 1.00% while MSFO charges 1.03%. MRNY is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, MRNY or MSFO?
Over the past year MRNY returned +503.56% vs +4.00% for MSFO, so MRNY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MRNY or MSFO?
MRNY has been the more volatile fund at 98.5% annualized versus 23.5% for MSFO. Worst drawdown: MRNY -82.2% vs MSFO -29.6%.
Should I hold both MRNY and MSFO?
MRNY and MSFO 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, MRNY or MSFO?
MRNY yields 41.90% while MSFO yields 38.50%, so MRNY currently pays the higher dividend yield.
Is MSFO better than MRNY?
MRNY has a lower expense ratio. MRNY 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.