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MSST vs MTYY

YieldMax MSTR Performance & Distribution Target 25 ETF

MSSTBCboe

GraniteShares YieldBOOST MSTR ETF

MTYYDNasdaq

Overlap

Expense ratio

MSST −0.19pt a year

MSST0.99%MTYY1.18%

Avg volume · 30D

MTYY 1.2×the volume

MSST1.6KMTYY1.97K

MSST vs MTYY Performance

Dec 31, 2025 – Oct 30, 2026

−18.0%MSST−37.0%MTYY

Dec 31, 2025 to Oct 30, 2026. MSST −18.0%. MTYY −37.0%. Use the arrow keys to read each point.−30%−10%0%10%20%Dec 2025Jun 2026Oct 2026
Expense ratio
MSST 0.99%, better
MTYY 1.18%
Fund size
MSST $6M
MTYY $1M
1Y total return
MSST No data
MTYY −61.6%
Yield (12M)
MSST No data
MTYY 217.88%
Holdings
MSST 10
MTYY 5
Avg volume (30D)
MSST 1.6K sh
MTYY 1.97K sh, better
NAV per share
MSST $26.66
MTYY $16.24
52W range

ETF.net Grade

MSST: Cost 68, Risk 39, Mission 70, Tradability 42, Holdings not scored, Durability 41. MTYY: Cost 20, Risk 36, Mission 47, Tradability 48, Holdings not scored, Durability 38.
Pillar letters and Scores for MSST, MTYY, with each pillar’s weight
PillarMSSTMTYY
Cost30% weightB68HigherF20
Mission25% weightA70HigherC47
Risk15% weightD39HigherD36
Tradability15% weightC42C48Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC41HigherD38

Rank among MicroStrategy (MSTR) Option Income funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MSST and MTYY are both graded against the same 5 MicroStrategy (MSTR) Option Income funds, so their Grades compare head to head.

See all 5 ›

MSST ranks 2nd and MTYY 4th of 5 funds in the MicroStrategy (MSTR) Option Income Category.

  1. Rank 1BWNTRYieldMax MSTR Short Option Income Strategy ETFScore 64
  2. Rank 2BMSSTYieldMax MSTR Performance & Distribution Target 25 ETFScore 57
  3. Rank 3CMSTYYieldMax MSTR Option Income Strategy ETFScore 53
  4. Rank 4DMTYYGraniteShares YieldBOOST MSTR ETFScore 35
  5. Rank 5DMSRGraniteShares Autocallable MSTR ETFScore 29

Our read on each fund

ETF.net Research

MSSTBYieldMax MSTR Performance & Distribution Target 25 ETF

MTYYDGraniteShares YieldBOOST MSTR ETF

In short

MSST YieldMax's second act on MSTR: instead of squeezing out the biggest possible payout, MSST aims at a set 25% annual distribution rate and sells call spreads, deliberately leaving room to participate in Strategy's share price.

MTYY Most MSTR income funds write options on the stock. MTYY reaches one level higher, selling puts tied to a 2x leveraged MSTR ETF, so the premium it harvests is priced off doubled swings. Payouts monthly, risk to match.

Stated mandate

MSST MSST is actively managed to provide weekly income and potential capital appreciation through synthetic exposure to Strategy Inc (MSTR), using long calls, short puts, and call spreads.

MTYY The fund seeks to generate income through options strategies, primarily by selling put options on leveraged ETFs tracking the 2x Long MSTR Daily ETF.

Why people hold it

  • MSST The dial is set, not maxed. MSST targets a 25% annualized distribution rate rather than harvesting every premium available, and uses call spreads on a synthetic MSTR position to keep some upside participation in play.yieldmaxetfs.com
  • Income arrives on a weekly schedule, one of the fastest cadences in the single-stock options-income world.globenewswire.com
  • At 0.99%, the fee sits a touch under the MSTR income crowd, including stablemate MSTY (1.03%) and GraniteShares' MTYY (1.07%).
  • A cleaner mandate than the yield-chase version: the stated aim is weekly income plus potential capital appreciation, managed with a growth-aware approach rather than maximum premium capture.yieldmaxetfs.com
  • MTYY The whole angle is leverage. It sells puts linked to a 2x long MSTR ETF, so the premium it collects is priced off double-amplified moves rather than MSTR's own.graniteshares.com
  • Distributions run on a monthly cadence, so income arrives on a set calendar rather than in lumps.
  • No MicroStrategy shares sit on the books. The exposure is built through options on a leveraged MSTR vehicle, an income route rather than a stock position.graniteshares.com

Worth knowing

  • MSST The 25% is a target, not a promise. YieldMax states plainly it is not a guarantee and does not represent a 25% yield or total return; payouts hinge on what option premiums deliver.globenewswire.com
  • One stock, held synthetically. The fund never owns MSTR shares; exposure comes from long calls and short puts, and the sold call spreads mean big rallies get captured in part, not in full.globenewswire.com
  • Young and small. Launched in late 2025 as part of YieldMax's first Target 25 trio, it remains a lightly traded fund, so bid-ask spreads can run wider than the older MSTR income names.etfgi.com
  • MTYY The 1.07% fee sits at the top of the MSTR options-income shelf, where WNTR and MSTY run near 1%.
  • Put selling caps the upside at the premium collected while the downside tracks a 2x MSTR vehicle. A sharp drop can outrun the income the strategy generates.graniteshares.com
  • Launched in September 2025, it remains a small, thinly traded fund, which typically shows up as wider spreads at the moment you trade.

Full MSST profile⁠

Full MTYY profile⁠

MSST vs MTYY Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MSST vs MTYY Cost

Overpaying MTYY vs MSST

$3,018

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MSST 0.99%

    $18,525

  • MTYY 1.18%

    $21,543

$10,000
30 years

Cost over time

  • MSST 0.99%
  • MTYY 1.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530MTYY $21,543MSST $18,525

Year by year

YearMSSTMTYYOverpaying
10$1,746$2,065$319
20$6,565$7,697$1,132
30$18,525$21,543$3,018

Expense ratio

  • 0.99%MSST, cheaper
  • 1.18%MTYY
  • Middle half of MicroStrategy (MSTR) Option Income funds
  • Median 1.03%

MSST cheapest of 5 funds

MTYY 4th cheapest of 5 funds

MSST vs MTYY Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MSST No data
MTYY 217.88%
Payout (12M)
MSST No data
MTYY $34.34
Last payment
MSST $0.14
MTYY $0.13
Ex-dividend
MSST Oct 27, 2026
MTYY Oct 30, 2026
Paid on
MSST Oct 28, 2026
MTYY Pays Nov 3, 2026
Frequency
MSST Weekly
MTYY Weekly

Distribution history

Per share, 2026, same scale for both

MSSTWeekly · 43 paymentsAll MSST payments⁠
One bar per payment. 43 payments in 2026 YTD. Jan 6, 2026 $0.20; Jan 13, 2026 $0.20; Jan 21, 2026 $0.22; Jan 27, 2026 $0.21; Feb 3, 2026 $0.19; Feb 10, 2026 $0.17; Feb 18, 2026 $0.17; Feb 24, 2026 $0.17; Mar 3, 2026 $0.16; Mar 10, 2026 $0.17; Mar 17, 2026 $0.18; Mar 24, 2026 $0.17; Mar 31, 2026 $0.16; Apr 7, 2026 $0.15; Apr 14, 2026 $0.16; Apr 21, 2026 $0.20; Apr 28, 2026 $0.20; May 5, 2026 $0.20; May 12, 2026 $0.21; May 19, 2026 $0.20; May 27, 2026 $0.18; Jun 2, 2026 $0.17; Jun 9, 2026 $0.15; Jun 16, 2026 $0.14; Jun 23, 2026 $0.13; Jun 30, 2026 $0.09; Jul 7, 2026 $0.11; Jul 14, 2026 $0.11; Jul 21, 2026 $0.11; Jul 28, 2026 $0.11; Aug 4, 2026 $0.11; Aug 11, 2026 $0.11; Aug 18, 2026 $0.11; Aug 25, 2026 $0.13; Sep 1, 2026 $0.13; Sep 9, 2026 $0.15; Sep 15, 2026 $0.14; Sep 22, 2026 $0.15; Sep 29, 2026 $0.16; Oct 6, 2026 $0.16; Oct 13, 2026 $0.15; Oct 20, 2026 $0.14; Oct 27, 2026 $0.14. Use the arrow keys to read each point.$0$12026YTD
MTYYWeekly · 44 paymentsAll MTYY payments⁠
One bar per payment. 44 payments in 2026 YTD. Jan 2, 2026 $1.33; Jan 9, 2026 $1.33; Jan 16, 2026 $1.37; Jan 23, 2026 $1.33; Jan 30, 2026 $1.23; Feb 6, 2026 $1.06; Feb 13, 2026 $0.96; Feb 20, 2026 $0.89; Feb 27, 2026 $0.90; Mar 6, 2026 $0.66; Mar 13, 2026 $0.61; Mar 20, 2026 $0.62; Mar 27, 2026 $0.60; Apr 2, 2026 $0.55; Apr 10, 2026 $0.54; Apr 17, 2026 $0.55; Apr 24, 2026 $0.56; May 1, 2026 $0.52; May 8, 2026 $0.53; May 15, 2026 $0.42; May 22, 2026 $0.38; May 29, 2026 $0.38; Jun 5, 2026 $0.34; Jun 12, 2026 $0.33; Jun 18, 2026 $0.32; Jun 26, 2026 $0.31; Jul 2, 2026 $0.30; Jul 10, 2026 $0.29; Jul 17, 2026 $0.24; Jul 24, 2026 $0.18; Jul 31, 2026 $0.17; Aug 7, 2026 $0.18; Aug 14, 2026 $0.14; Aug 21, 2026 $0.14; Aug 28, 2026 $0.13; Sep 4, 2026 $0.13; Sep 11, 2026 $0.14; Sep 18, 2026 $0.13; Sep 25, 2026 $0.14; Oct 2, 2026 $0.13; Oct 9, 2026 $0.13; Oct 16, 2026 $0.13; Oct 23, 2026 $0.13; Oct 30, 2026 $0.13. Use the arrow keys to read each point.$0$12026YTD

MSST vs MTYY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MSST No dataMTYY 33.3%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
MSST No dataMTYY −3.12since Oct 2025
Worst fallMax drawdown, 5 years
MSST No dataMTYY −71.3%since Sep 2025
Market sensitivityBeta, 5 years
MSST 2.42MTYY 0.68

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