MSTY vs WDTE
YieldMax MSTR Option Income Strategy ETF vs Defiance S&P 500 Weekly Distribution ETF
Which is better, MSTY or WDTE?
Each has led over a different period.
MSTY led over the full window, WDTE over 1Y.
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 | MSTY | WDTE |
|---|---|---|
| Expense Ratio | 1.03%Tie | 1.03%Tie |
| AUM | $1.1B | $73M |
| Dividend Yield | 140.54% | 32.78% |
| Holdings | 28 | 10 |
| YTD Return | -10.02% | +13.58%Best |
| 1Y Return | -46.73% | +16.98%Best |
| 3Y Return (annualized) | - | +14.59% |
| Volatility (annualized) | 78.6% | 10.5%Best |
| Max Drawdown | -77.4% | -15.8%Best |
| $10,000 over 2.6 years | $15,819Best | $13,807 |
| Fund Family | YieldMax ETF | Defiance ETFs, LLC |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Feb 21, 2024 | Sep 18, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 22, 2024 to Oct 14, 2026 (2.6 years).
MSTY vs WDTE 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 2.6 years both funds cover.
MSTY vs WDTE Performance
YieldMax MSTR Option Income Strategy ETF (MSTY) is an ETF from YieldMax ETF and Defiance S&P 500 Weekly Distribution ETF (WDTE) is an ETF from Defiance ETFs, LLC. Over the past year MSTY returned -46.73% while WDTE returned +16.98%. Year to date, MSTY is down 10.02% versus a gain of 13.58% for WDTE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSTY has been the more volatile fund, with annualized monthly volatility of 78.6% compared with 10.5% for WDTE. 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 -77.4% for MSTY and -15.8% for WDTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.29. They move largely independently of each other.
Fees and Cost Over Time
MSTY charges 1.03% per year while WDTE charges 1.03%. On a $10,000 position that is $103 vs $103 annually. On income, MSTY currently yields 140.54% against 32.78% for WDTE.
Holdings Overlap
We hold position weights for 2 holdings in MSTY and 1 in WDTE, totalling 14.5% and 7.2% 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, 1 positions appear in both.
1 positions in common, counted across the 2 positions we hold weights for in MSTY and 1 in WDTE, against full books of 28 and 10.
Top Shared Holdings
| Stock | Weight in MSTY | Weight in WDTE | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 1.25% | 7.18% | 5.93% |
You are not choosing between two funds in isolation.
Whichever of MSTY and WDTE 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, MSTY or WDTE?
MSTY has an expense ratio of 1.03% while WDTE charges 1.03%. At the precision these are quoted to, they cost the same.
Which performed better, MSTY or WDTE?
Over the past year MSTY returned -46.73% vs +16.98% for WDTE, so WDTE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MSTY or WDTE?
MSTY has been the more volatile fund at 78.6% annualized versus 10.5% for WDTE. Worst drawdown: MSTY -77.4% vs WDTE -15.8%.
Should I hold both MSTY and WDTE?
MSTY and WDTE have a monthly-return correlation of 0.29, 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, MSTY or WDTE?
MSTY yields 140.54% while WDTE yields 32.78%, so MSTY currently pays the higher dividend yield.
Is WDTE better than MSTY?
MSTY led over the full window, WDTE over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.