YieldMax MSFT Option Income Strategy ETF
BThis fund concentrates its exposure in one company, using derivatives rather than holding the shares directly. Its results depend on that single stock.
$12.77+0.07 (+0.53%)
- 1.03%
- $86M
- +6.1%
- 38.20%
- 0.1M sh
- $12.61
- low $9.89high $18.10
The ETF.net MSFO Grade
B
Score 65 out of 100
- 8 of 72
Score 65 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B56 out of 100Rank 30 of 72Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 7 of 49Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 19 of 66Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 7 of 72Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A79 out of 100Rank 7 of 72
Our read on MSFO
BThe YieldMax option-income machine pointed at Microsoft rather than a volatility lottery ticket. MSFO sells calls or call spreads on MSFT, putting current income first and share-price participation second.
The Fund seeks current income and secondary exposure to the share price of Microsoft Corp. (MSFT), using an actively managed strategy that sells call options or call spreads on MSFT to generate weekly income.
Why people hold it
- Blue-chip engine: an actively managed overlay selling calls or call spreads on MSFT, built for current income with Microsoft price exposure as the secondary goal.yieldmaxetfs.com
- Call spreads are on the menu, not just plain short calls, so the manager can leave room for some MSFT upside instead of selling it all away at one strike.yieldmaxetfs.com
- Fee of 1.03% a year sits in the same neighborhood as single-stock income siblings like TSMY and BRKC.
- One of the stronger implementations in a crowded single-stock option-income group, and it has been running since 2023.
Worth knowing
- No Microsoft shares in the box. The exposure is assembled with options, so no dividend or vote, and the short calls trim how much of a big MSFT rally comes through.
- Income rides option premium, so payouts move around with MSFT's options market, and MSFT's declines still flow straight to you.yieldmaxetfs.com
- 1.03% a year is many times what a plain index fund charges. That is the cost of an active options desk rather than a rules-based tracker.
MSFO Holdings
- Other
- 10
- 102%
- United States Treasury Note/Bond 2.375% 05/15/2027
Geography
- United States100.00%
MSFO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
MSFO$10,614
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MSFO |
|---|---|
| Year to date | +10.1% |
| 1 month | +6.8% |
| 3 months | +33.6% |
| 1 year | +6.1% |
| 3 years | +17.1% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MSFO |
|---|---|---|
| 2026 YTD | +10.1% | |
| 2025 | +15.5% | |
| 2024 | +10.3% | |
| 2023 | +18.3% |
MSFO in the news
MSFO Dividends
- 38.20%
- $4.86
- $0.06 per share
- Weekly
Distribution history
MSFO Risk
- 23.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.60
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −29.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MSFO Cost
1.03%
MSFO1.03%
- The middle half of Single-Stock Option Income funds
- Median 1.07%
28 of the 71 Single-Stock Option Income funds charge less.
Other funds in Single-Stock Option Income
- BAMDYYieldMax AMD Option Income Strategy ETFExpense ratio 1.00%1 year return +128.2%
- BHOOYYieldMax HOOD Option Income Strategy ETFExpense ratio 0.99%1 year return −20.5%
- BWMTIREX WMT Growth & Income ETFExpense ratio 0.99%1 year return —
- BBABOYieldMax BABA Option Income Strategy ETFExpense ratio 1.00%1 year return −23.6%
- BINYYYieldMax INTC Option Income Strategy ETFExpense ratio 0.99%1 year return —