YieldMax MSFT Option Income Strategy ETF
$12.14+0.03 (+0.21%)
- Expense ratio
- 1.03%
- Fund size
- $87M
- 1Y return
- −0.1%
- Yield · Last 12 months
- 38.67%
- Holdings
- 7
- Volume · 30D
- 0.1M sh
- NAV per share
- $12.18
- 52W range
The ETF.net MSFO Grade
Score 65 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 56Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 70Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 67Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 73Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 80Category rank
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
- 7
- 104%
- United States Treasury Note/Bond 2.375% 05/15/2027
Geography
MSFO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +3.5% |
| 1 month | +3.0% |
| 3 months | +30.0% |
| 1 year | −0.1% |
| 3 years | +16.4% |
| 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 | +3.5% | |
| 2025 | +15.5% | |
| 2024 | +10.3% | |
| 2023 | +18.3% |
MSFO in the news
ETF.net Research hasn’t filed on MSFO yet — coverage lands here as it’s written.
MSFO Dividends
- 38.67%
- $4.69
- $0.06 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.06 |
| Sep 10, 2026 | Sep 11, 2026 | $0.06 |
| Sep 3, 2026 | Sep 4, 2026 | $0.10 |
| Aug 27, 2026 | Aug 28, 2026 | $0.14 |
| Aug 20, 2026 | Aug 21, 2026 | $0.14 |
| Aug 13, 2026 | Aug 14, 2026 | $0.22 |
| Aug 6, 2026 | Aug 7, 2026 | $0.19 |
| Jul 30, 2026 | Jul 31, 2026 | $0.08 |
| Jul 23, 2026 | Jul 24, 2026 | $0.07 |
| Jul 16, 2026 | Jul 17, 2026 | $0.06 |
| Jul 9, 2026 | Jul 10, 2026 | $0.06 |
| Jul 2, 2026 | Jul 6, 2026 | $0.07 |
MSFO Risk
- 23.9%
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.
- 0.54
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
- The middle half of Single-Stock Option Income funds
- Median 1.07%
28 of the 71 Single-Stock Option Income funds charge less.