MSFO vs XVMS: which paid, and which earned it?
MSFO and XVMS both write options for income. YieldMax(R) MSFT Option Income Strategy ETF and FT Vest MSFT & Target Income ETF.
XVMS costs 0.18 points a year less; MSFO is far larger, $85m against $2m.
| MSFO | XVMS | |
|---|---|---|
| Expense ratio | 1.03% | 0.85% |
| Net assets, as of Oct 8, 2026 | $85m | $2m |
| Total return, 1 year | +3.6% | not published |
| What it tracks | MSFT | MSFT |
| Holdings in common | 0% | |
| Price change, 1 year | fell 28.4% | |
| Price change, since Sep 23, 2026 | rose 6.6% | |
Holdings in common uses holdings dated Oct 8, 2026.
About even with MSFT
MSFO over 1 year: paid 27.6%, price −28.4%, total +3.6%, MSFT +3.3%, +0.4 pts. Figures to Oct 9, 2026.
MSFT
+3.3%
MSFO
+3.6%
27.6% of it arrived as cash
about even with MSFT
Total return, distributions reinvested
About even with MSFT
MSFO over 1 year: paid 27.6%, price −28.4%, total +3.6%, MSFT +3.3%, +0.4 pts. Figures to Oct 9, 2026.
MSFT
+3.3%
MSFO
+3.6%
about even with MSFT
27.6% of it arrived as cash. Total return, distributions reinvested. MSFO over 1 year: paid 27.6%, price −28.4%, total +3.6%, MSFT +3.3%, +0.4 pts. Figures to Oct 9, 2026.
Figures to Oct 9, 2026.
About even with MSFT
XVMS since launch: paid 0.0%, price +6.6%, total +6.6%, MSFT +6.9%, −0.3 pts. Figures to Oct 9, 2026.
MSFT
+6.9%
XVMS
+6.6%
about even with MSFT
Total return, distributions reinvested
About even with MSFT
XVMS since launch: paid 0.0%, price +6.6%, total +6.6%, MSFT +6.9%, −0.3 pts. Figures to Oct 9, 2026.
MSFT
+6.9%
XVMS
+6.6%
about even with MSFT
0.0% of it arrived as cash. Both charts share one scale, with zero at the line. XVMS since launch: paid 0.0%, price +6.6%, total +6.6%, MSFT +6.9%, −0.3 pts. Figures to Oct 9, 2026.
Figures to Oct 9, 2026.
What they hold in common
By the books each fund has filed, MSFO and XVMS hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026.
half
0% in common
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | MSFO | XVMS | MSFO | XVMS | MSFO | XVMS |
| 3 months | +32.3% | not published | 12.3% | not published | −6.9 pts | not published |
| 6 months | +35.2% | not published | 21.9% | not published | −9.7 pts | not published |
| 1 year | +3.6% | not published | 27.6% | not published | +0.4 pts | not published |
| 3 years | +60.5% | not published | 80.3% | not published | −6.2 pts | not published |
| Since launch MSFO Aug 2023 · XVMS Sep 2026 | +64.4% | +6.6% | 82.5% | 0.0% | −5.2 pts | −0.3 pts |
Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
As of Oct 9, 2026. Source: ETFIQ.
MSFO in plain words
Over the year to Oct 9, 2026, MSFO paid 27.6% of its starting value in cash distributions while its price fell 28.4%. With every distribution reinvested, the fund returned +3.6%. Microsoft (MSFT) returned +3.3% over the same days, so a holder was about even. At its price on Oct 9, 2026 the latest distribution annualizes to 25.4%, paid weekly. YieldMax estimates that 89% of the distribution paid Oct 9, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
XVMS in plain words
Over the period from its first trade on Sep 23, 2026 to Oct 9, 2026, XVMS paid 0.0% of its starting value in cash distributions while its price rose 6.6%. With every distribution reinvested, the fund returned +6.6%. Microsoft (MSFT) returned +6.9% over the same days, so a holder was about even.
Questions people ask
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.
Every figure is an ETFIQ calculation with distributions reinvested.
ETFIQ, MSFO against XVMS, data as of Oct 9, 2026. https://etfiq.com/compare/income/msfo-vs-xvms
ETFIQ. (Oct 9, 2026). MSFO against XVMS. Retrieved from https://etfiq.com/compare/income/msfo-vs-xvms
[MSFO against XVMS (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/income/msfo-vs-xvms)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.