Data as of . Every figure is the income desk's own, on published data.
MSFO vs XDTE
What they hold in common
By the books each fund has filed, MSFO and XDTE hold 0% of their money in the same securities at the same weight.
| Only in MSFO | Only in XDTE |
|---|---|
| TREASURY BILL 32.44% | Roundhill Weekly T-Bill ETF 100.00% |
| TREASURY BILL 31.42% | |
| TREASURY BILL 14.95% | |
| TREASURY BILL 12.47% | |
| TREASURY BILL 8.72% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MSFO | XDTE | MSFO | XDTE | MSFO | XDTE | |
| 3 months | +16.0% | +5.1% | 11.2% | 5.0% | −4.2 pts | +0.4 pts |
| 6 months | +18.9% | +11.7% | 20.6% | 10.3% | −3.8 pts | −3.4 pts |
| 1 year | +0.3% | +18.7% | 27.9% | 27.3% | +1.1 pts | −1.2 pts |
| 3 years | +51.3% | n/a | 78.8% | n/a | −2.1 pts | n/a |
| Since launch | +55.5% | +46.6% | 81.0% | 59.0% | −2.8 pts | −7.5 pts |
| MSFO YieldMax(R) MSFT Option Income Strategy ETF | XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF | |
|---|---|---|
| Issuer | YieldMax | Roundhill |
| Strategy | synthetic covered call | 0DTE covered call |
| Benchmark | Microsoft (MSFT) | S&P 500 (SPY) |
| Pays | weekly | weekly |
| Payout rate, annualised | 41.2% | 20.0% |
| Expense ratio | 1.03% | 0.97% |
| Cash paid, 1 year | 27.9% | 27.3% |
| Price change, 1 year | −30.3% | −11.3% |
| Total return, 1 year | +0.3% | +18.7% |
| Benchmark return, 1 year | −0.8% | +20.0% |
| Ahead or behind | +1.1 pts | −1.2 pts |
| Return of capital, latest estimate | 95% | not published |
| Age | 1106 days | 911 days |
MSFO in plain words
Over the year to Sep 4, 2026, MSFO paid 27.9% of its starting value in cash distributions while its price fell 30.3%. With every distribution reinvested, the fund returned +0.3%. Microsoft (MSFT) returned −0.8% over the same days, so a holder was ahead by 1.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 41.2%, paid weekly. YieldMax estimates that 95% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
XDTE in plain words
Over the year to Sep 4, 2026, XDTE paid 27.3% of its starting value in cash distributions while its price fell 11.3%. With every distribution reinvested, the fund returned +18.7%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 4, 2026 the latest distribution annualises to 20.0%, paid weekly.
Questions people ask
- Which paid more, MSFO or XDTE?
- Over the year to Sep 4, 2026, MSFO paid 27.9% of its starting price in cash and XDTE paid 27.3%, so MSFO paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, MSFO or XDTE?
- With every distribution reinvested, MSFO returned +0.3% and XDTE returned +18.7% over the year to Sep 4, 2026, so XDTE returned more.
- Which is cheaper, MSFO or XDTE?
- MSFO charges 1.03% a year and XDTE charges 0.97%, so XDTE is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, MSFO against XDTE, data as of Sep 4, 2026. https://etfiq.com/compare/income/MSFO-XDTE.html Free to use with attribution; the underlying files are at Open data.