IWMY vs MSFW: Yield, Cost and Returns Compared
As of Nov 8, 2026, IWMY yields more: 37.66% (dividend yield) against 28.83% for MSFW. MSFW is cheaper to own at 1.00% a year vs 1.05%. Over the same months (Jul 2025 to Oct 2026), IWMY returned 10.4% a year with distributions reinvested, and MSFW -5.4%.
| Compared | IWMY | MSFW |
|---|---|---|
| YieldDividend yield | 37.66% | 28.83% |
| Expense ratio | 1.05% | 1.00% |
| Total return, 1 yr | +5.2% | −2.7% |
| Worst drop since Jul 2025 | -7.3% | -36.8% |
| Share price since Jul 2025 | −28% | −39% |
| Pays | Weekly | Weekly |
| Issuer | Defiance ETFs LLC | Roundhill |
| Assets | $79.5M | $28.9M |
| Started | 2023 | 2025 |
| Type | Trading--Miscellaneous | Trading--Miscellaneous |
Higher yield
IWMY
37.66%
Lower cost
MSFW
1.00%
Better total return
IWMY
10.4%/yr
Smaller worst drop
IWMY
-7.3%
Key facts: IWMY vs MSFW
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, IWMY yields 37.66% (dividend yield) and MSFW yields 28.83% (dividend yield).
- IWMY's expense ratio is 1.05% and MSFW's is 1.00%: $105 vs $100 a year on $10,000.
- From Jul 2025 to Oct 2026, $10,000 in IWMY grew to $11,317 (10.4% a year) and $10,000 in MSFW to $9,325 (-5.4% a year), distributions reinvested.
- Their worst month-end drops over that time: -7.3% for IWMY and -36.8% for MSFW.
- 1 of IWMY's top ten holdings are also in MSFW's top ten, an overlap of at least 2% of the fund.
Cite this page
SmarterDividends, "IWMY vs MSFW: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/iwmy-vs-msfw
$10,000 in each, Jul 2025 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
IWMY became
$11,317
10.4% a year
MSFW became
$9,325
-5.4% a year
Top holdings
1 of the top ten overlap, at least 2% of each fund.
IWMY
- FGXXX First American Government Obligs X2.0%
MSFW
- FGXXX First American Government Obligs X31.4%
- MSFT Microsoft Corp9.9%
IWMY vs MSFW: questions
Is IWMY or MSFW better?
It depends on the job. IWMY pays more today (37.66% vs 28.83%), MSFW costs less, and IWMY has the better total return over Jul 2025 to Oct 2026, with IWMY holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, IWMY or MSFW?
IWMY, at 37.66% against 28.83% for MSFW as of Nov 8, 2026. On $10,000 that's about $3,766 vs $2,883 a year at today's rates.
Which has the better total return?
IWMY. From Jul 2025 to Oct 2026, it returned 10.4% a year with distributions reinvested, against -5.4% for MSFW. $10,000 became $11,317 vs $9,325.
Which is cheaper, IWMY or MSFW?
MSFW, with a 1.00% expense ratio against 1.05%.
Do IWMY and MSFW hold the same things?
Partly. 1 of their top ten holdings match (FGXXX), at least 2% of each fund. Owning both doubles up on those.
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. IWMY leads on 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.
