Which paid more, MSTW or MSTY?

Over the year to Sep 30, 2026, MSTW paid 25.0% of its starting price in cash and MSTY paid 32.3%, so MSTY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, MSTW or MSTY?

With every distribution reinvested, MSTW returned −65.0% and MSTY −47.1% over the year to Sep 30, 2026.

Which is cheaper, MSTW or MSTY?

MSTW charges 1.00% a year and MSTY charges 0.99%, so MSTY is cheaper. Fees come from each fund's prospectus.

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MSTW vs MSTY: which paid, and which earned it?

Over the year MSTY paid 32.3% of its price in cash against MSTW’s 25.0%, and returned more with it reinvested. Roundhill MSTR WeeklyPay ETF and YieldMax(R) MSTR Option Income Strategy ETF.

25.0%

MSTW cash paid, 1 year

32.3%

MSTY cash paid, 1 year

−65.0%

MSTW total return, 1 year

−47.1%

MSTY total return, 1 year

MSTW · 1 year to Sep 30, 202612.5 pts behind MSTR

MSTW

−65.0%

MSTR

−52.5%

12.5 pts behind MSTR

MSTW over 1 year: paid 25.0%, price −84.2%, total −65.0%, MSTR −52.5%, −12.5 pts.

MSTR

−52.5%

MSTW

−65.0%

12.5 pts behind MSTR

Total return, distributions reinvested

12.5 pts behind MSTR

MSTW over 1 year: paid 25.0%, price −84.2%, total −65.0%, MSTR −52.5%, −12.5 pts.

MSTR

−52.5%

MSTW

−65.0%

12.5 pts behind MSTR

25.0% of it arrived as cash. Total return, distributions reinvested. MSTW over 1 year: paid 25.0%, price −84.2%, total −65.0%, MSTR −52.5%, −12.5 pts.

MSTY · 1 year to Sep 30, 20265.4 pts ahead of MSTR

MSTY

−47.1%

MSTR

−52.5%

5.4 pts ahead of MSTR

MSTY over 1 year: paid 32.3%, price −77.0%, total −47.1%, MSTR −52.5%, +5.4 pts.

MSTR

−52.5%

MSTY

−47.1%

5.4 pts ahead of MSTR

Total return, distributions reinvested

5.4 pts ahead of MSTR

MSTY over 1 year: paid 32.3%, price −77.0%, total −47.1%, MSTR −52.5%, +5.4 pts.

MSTR

−52.5%

MSTY

−47.1%

5.4 pts ahead of MSTR

32.3% of it arrived as cash. Both charts share one scale, 0 to −47.1%. MSTY over 1 year: paid 32.3%, price −77.0%, total −47.1%, MSTR −52.5%, +5.4 pts.

ETFIQ Return Stability Score · MSTY scores higherWas the payout funded by returns, or by your own capital?

MSTW 12.2

MSTY 47.9

7.2, the lowest in this set97.2, the highest

A percentile among the 70 income ETFs writing on a single company. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, MSTW and MSTY 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 Jul 31, 2026 and Sep 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding MSTW MSTY

Only in MSTW

MSTR US 10/02/26 C50 81.51%

First American Government Obligations Fund 12/01/2031 18.49%

Only in MSTY

TREASURY BILL 36.59%

TREASURY BILL 25.38%

TREASURY BILL 21.55%

TREASURY BILL 12.54%

TREASURY BILL 3.94%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	MSTW	MSTY	MSTW	MSTY	MSTW	MSTY
3 months	+74.1%	+52.6%	23.1%	22.8%	+10.2 pts	−11.3 pts
6 months	+17.7%	+15.9%	33.7%	35.5%	−7.0 pts	−8.8 pts
1 year	−65.0%	−47.1%	25.0%	32.3%	−12.5 pts	+5.4 pts
Since launch MSTW Jul 2025 · MSTY Feb 2024	−74.5%	+77.4%	28.1%	223.7%	−11.4 pts	−37.2 pts

MSTW and MSTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

MSTW

Roundhill MSTR WeeklyPay ETF · Option income on MSTR, paying weekly

MSTY

YieldMax(R) MSTR Option Income Strategy ETF · Synthetic covered call on MSTR, paying weekly

Issuer Roundhill YieldMax

Strategy option income synthetic covered call

Benchmark MicroStrategy (MSTR) MicroStrategy (MSTR)

Pays weekly weekly

Payout rate, annualized 99.2% 110.8%

Expense ratio 1.00% 0.99%

Cash paid, 1 year 25.0% 32.3%

Price change, 1 year −84.2% −77.0%

Total return, 1 year −65.0% −47.1%

Benchmark return, 1 year −52.5% −52.5%

Ahead or behind −12.5 pts +5.4 pts

Return of capital, latest estimate not published 99%

Age 433 days 951 days

Net assets $85m $1.1bn

MSTW and MSTY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

MSTW in plain words

Over the year to Sep 30, 2026, MSTW paid 25.0% of its starting value in cash distributions while its price fell 84.2%. With every distribution reinvested, the fund returned −65.0%. MicroStrategy (MSTR) returned −52.5% over the same days, so a holder was behind by 12.5 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 99.2%, paid weekly.

MSTY in plain words

Over the year to Sep 30, 2026, MSTY paid 32.3% of its starting value in cash distributions while its price fell 77.0%. With every distribution reinvested, the fund returned −47.1%. MicroStrategy (MSTR) returned −52.5% over the same days, so a holder was ahead by 5.4 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 110.8%, paid weekly. YieldMax estimates that 99% of the distribution paid Oct 2, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, MSTW or MSTY?: Over the year to Sep 30, 2026, MSTW paid 25.0% of its starting price in cash and MSTY paid 32.3%, so MSTY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, MSTW or MSTY?: With every distribution reinvested, MSTW returned −65.0% and MSTY −47.1% over the year to Sep 30, 2026.
Which is cheaper, MSTW or MSTY?: MSTW charges 1.00% a year and MSTY charges 0.99%, so MSTY is cheaper. Fees come from each fund's prospectus.

Other comparisons

MSTW vs MTYY MSTW vs WNTR MSTW vs MSST MSTW vs MSR MSTY vs AMZY MSTY vs APLY MSTY vs BALI MSTY vs DIVO

MSTW on its own →MSTY on its own →How every figure is computed →Standards and sources →

Where these figures came from

MSTW filings on SEC EDGAR ↗MSTW prospectus with the expense ratio (SEC) ↗Roundhill page for MSTW ↗MSTY filings on SEC EDGAR ↗MSTY prospectus with the expense ratio (SEC) ↗MSTY 19a-1 distribution notice ↗YieldMax page for MSTY ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, MSTW against MSTY, data as of Sep 30, 2026. https://etfiq.com/compare/income/mstw-vs-msty

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.