Data as of Oct 28, 2026.
MSFO vs RYLD: Dividend Yield & Total Return
Over the year to Oct 28, 2026, MSFO paid 26.1% of its price in cash against RYLD’s 12.1%, though RYLD returned more with it reinvested.
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Net assets: $100m on Oct 27, 2026 for YieldMax MSFT Option Income Strategy ETF, and $1.3bn on Oct 12, 2026 for Global X Russell 2000 Covered Call ETF.
1.4 pts ahead of MSFT
MSFO over 1 year: paid 26.1%, price −30.2%, total +0.2%, MSFT −1.2%, +1.4 pts. Data to Oct 28, 2026.
MSFT
−1.2%
MSFO
+0.2%
1.4 pts ahead of MSFT
Total return, distributions reinvested
1.4 pts ahead of MSFT
MSFO over 1 year: paid 26.1%, price −30.2%, total +0.2%, MSFT −1.2%, +1.4 pts. Data to Oct 28, 2026.
MSFT
−1.2%
MSFO
+0.2%
1.4 pts ahead of MSFT
26.1% of it arrived as cash. Total return, distributions reinvested. MSFO over 1 year: paid 26.1%, price −30.2%, total +0.2%, MSFT −1.2%, +1.4 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.2 pts behind IWM
RYLD over 1 year: paid 12.1%, price −0.6%, total +12.1%, IWM +14.1%, −2.0 pts. Data to Oct 28, 2026.
IWM
+14.1%
RYLD
+12.1%
12.1% of it arrived as cash
2 pts behind IWM
Total return, distributions reinvested
2 pts behind IWM
RYLD over 1 year: paid 12.1%, price −0.6%, total +12.1%, IWM +14.1%, −2.0 pts. Data to Oct 28, 2026.
IWM
+14.1%
RYLD
+12.1%
12.1% as cash
2 pts behind IWM
12.1% of it arrived as cash. Both charts share one scale, with zero at the line. RYLD over 1 year: paid 12.1%, price −0.6%, total +12.1%, IWM +14.1%, −2.0 pts. Data to Oct 28, 2026.
Data to Oct 28, 2026.Pair scorecard
RYLD costs 0.43 points a year less; their one-year returns differ by 11.9 points; RYLD is 15.1 times larger.
Points (pts) are percentage points.
| Measure | MSFO | RYLD |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +0.2% | +12.1% |
| Price change, 1 year | fell 30.2% | fell 0.6% |
| Return of capital, issuer estimate | 89% of the Oct 30, 2026 payment | 100% of the Sep 24, 2026 payment |
| Against its benchmark | ||
| Benchmark | Microsoft (MSFT) | Russell 2000, measured through IWM |
| Against its benchmark, same days | ahead by 1.4 pts | behind by 2.0 pts |
| Cost and size | ||
| Expense ratio | 1.03% | 0.60% |
| Net assets, as of Oct 12, 2026 | $86m | $1.3bn |
| Holdings | ||
| Holdings in common | 0% | |
MSFO among the 74 income ETFs writing on a single company
How much of its payouts the fund's total return covered, ranked against 74 income ETFs writing on a single company and 164 income ETFs not writing on a single company. 100 is best. How it is computed
RYLD among the 164 income ETFs not writing on a single company
A percentile among the 74 income ETFs writing on a single company. RYLD is a percentile among the 164 income ETFs not writing on a single company, a different set, so the two marks are not on one scale. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Holdings in common uses holdings dated Jul 31, 2026 and Oct 28, 2026. Method
What they share
By the books each fund has filed, MSFO and RYLD hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | MSFO | RYLD | MSFO | RYLD | MSFO | RYLD |
| 3 months | +31.5% | −0.3% | 12.5% | 2.9% | −4.8 pts | +1.9 pts |
| 6 months | +20.2% | +6.8% | 19.5% | 6.2% | −5.4 pts | +2.9 pts |
| 1 year | +0.2% | +12.1% | 26.1% | 12.1% | +1.5 pts | −2.1 pts |
| 3 years | +57.1% | +38.8% | 79.1% | 35.9% | −7.7 pts | −40.5 pts |
| Since launchNot the same days: MSFO Aug 2023 · RYLD Apr 2019 | +64.8% | +49.0% | 83.2% | 68.4% | −3.4 pts | −50.0 pts |
MSFO
Over the year to Oct 28, 2026, MSFO paid 26.1% of its starting value in cash distributions while its price fell 30.2%. With every distribution reinvested, the fund returned +0.2%. Microsoft (MSFT) returned −1.2% over the same days, so a holder was ahead by 1.4 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 34.0%, paid weekly. YieldMax estimates that 89% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
RYLD
Over the year to Oct 28, 2026, RYLD paid 12.1% of its starting value in cash distributions while its price fell 0.6%. With every distribution reinvested, the fund returned +12.1%. Russell 2000 (IWM) returned +14.1% over the same days, so a holder was behind by 2.0 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 11.5%, paid monthly. Global X estimates that 100% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, MSFO against RYLD, data as of Oct 28, 2026. https://etfiq.com/compare/income/msfo-vs-ryld
ETFIQ. (Oct 28, 2026). MSFO against RYLD. Retrieved from https://etfiq.com/compare/income/msfo-vs-ryld
[MSFO against RYLD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/income/msfo-vs-ryld)
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