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MSFY vs XVMS: which paid, and which earned it?

MSFY and XVMS both write options for income. Kurv Yield Premium Strategy Microsoft (MSFT) ETF and FT Vest MSFT & Target Income ETF.

XVMS costs 0.14 points a year less; MSFY is 5.0 times larger.

MSFYXVMS
Expense ratio0.99%0.85%
Net assets, as of Oct 8, 2026$12m$2m
Total return, 1 year−3.4%not published
What it tracksMSFTMSFT
Holdings in common0%
Price change, 1 yearfell 21.3%
Price change, since Sep 23, 2026rose 6.6%
Return of capital, issuer estimate83% of the Aug 13, 2026 payment

Holdings in common uses holdings dated May 31, 2026 and Oct 8, 2026.

16.3%
MSFY cash paid, 1 year
0.0%
XVMS cash paid, since launch
−3.4%
MSFY total return, 1 year
+6.6%
XVMS total return, since launch
MSFY · 1 year to Oct 9, 20266.6 pts behind MSFT
MSFY
−3.4%
MSFT
+3.3%

6.6 pts behind MSFT

MSFY over 1 year: paid 16.3%, price −21.3%, total −3.4%, MSFT +3.3%, −6.6 pts. Figures to Oct 9, 2026.

MSFT

+3.3%

MSFY

−3.4%

6.6 pts behind MSFT

Total return, distributions reinvested

6.6 pts behind MSFT

MSFY over 1 year: paid 16.3%, price −21.3%, total −3.4%, MSFT +3.3%, −6.6 pts. Figures to Oct 9, 2026.

MSFT

+3.3%

MSFY

−3.4%

6.6 pts behind MSFT

16.3% of it arrived as cash. Total return, distributions reinvested. MSFY over 1 year: paid 16.3%, price −21.3%, total −3.4%, MSFT +3.3%, −6.6 pts. Figures to Oct 9, 2026.

Figures to Oct 9, 2026.

XVMS · since launch to Oct 9, 2026About even with MSFT
XVMS
+6.6%
MSFT
+6.9%

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, MSFY 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 May 31, 2026 and Oct 8, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding MSFY XVMS
Only in MSFY
Only in XVMS
2026-10-23 S&P 500® Mini Index P 1,500.03 201.63%
2026-10-23 S&P 500® Mini Index C 500.03 77.58%
Microsoft Corporation 66.89%
2026-10-23 Microsoft Corporation C 4,444.02 0.00%
2026-10-23 S&P 500® Mini Index C 1,500.03 0.00%
2026-10-23 S&P 500® Mini Index P 500.03 0.00%
2026-10-09 Microsoft Corporation C 515 -0.26%
2026-10-23 Microsoft Corporation P 4,444.02 -248.77%

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowMSFYXVMSMSFYXVMSMSFYXVMS
3 months+32.6%not published3.5%not published−6.7 ptsnot published
6 months+36.5%not published7.0%not published−8.4 ptsnot published
1 year−3.4%not published16.3%not published−6.6 ptsnot published
Since launch
MSFY Nov 2023 · XVMS Sep 2026
+31.3%+6.6%42.1%0.0%−22.3 pts−0.3 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

MSFY
Kurv Yield Premium Strategy Microsoft (MSFT) ETF · Synthetic covered call on MSFT, paying monthly
XVMS
FT Vest MSFT & Target Income ETF · Option income on MSFT
Issuer Kurv First Trust
Strategy synthetic covered call option income
Benchmark Microsoft (MSFT) Microsoft (MSFT)
Pays monthly not established
Payout rate, annualized 11.0% not published
Expense ratio 0.99% 0.85%
Cash paid, 1 year 16.3% 0.0% (since it first traded on Sep 23, 2026)
Price change, 1 year −21.3% +6.6%
Total return, 1 year −3.4% +6.6% (since it first traded on Sep 23, 2026)
Benchmark return, 1 year +3.3% +6.9%
Ahead or behind −6.6 pts −0.3 pts
Return of capital, latest estimate 83% not published
Age 1068 days 16 days
Net assets, as of Oct 8, 2026 $12m $2m

As of Oct 9, 2026. Source: ETFIQ.

MSFY in plain words

Over the year to Oct 9, 2026, MSFY paid 16.3% of its starting value in cash distributions while its price fell 21.3%. With every distribution reinvested, the fund returned −3.4%. Microsoft (MSFT) returned +3.3% over the same days, so a holder was behind by 6.6 pts. At its price on Oct 9, 2026 the latest distribution annualizes to 11.0%, paid monthly. Kurv estimates that 83% of the distribution paid Aug 13, 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

Which is cheaper, MSFY or XVMS?
MSFY charges 0.99% a year and XVMS charges 0.85%, so XVMS is cheaper. Fees come from each fund's prospectus.
Other comparisons
MSFY vs MSFWMSFY vs MSFOXVMS vs MSFWXVMS vs MSFO
MSFY on its own →XVMS on its own →How every figure is computed →Standards and sources →
Where these figures came from
MSFY filings on SEC EDGAR ↗MSFY 19a-1 distribution notice ↗Kurv page for MSFY ↗XVMS filings on SEC EDGAR ↗XVMS prospectus with the expense ratio (SEC) ↗First Trust page for XVMS ↗

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.

Cite this page

ETFIQ, MSFY against XVMS, data as of Oct 9, 2026. https://etfiq.com/compare/income/msfy-vs-xvms

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.