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Security Comparison

MSTR vs MTYY: Which Is the Better Pick in 2026?

A head-to-head comparison of Strategy Inc. and GraniteShares YieldBOOST MSTR ETF covering yield, cost, risk, and income potential.

Data updated August 8, 2026

Best for

  • MSTRInvestors who want direct ownership of the underlying business, with no fund wrapper or management fee.
  • MTYYInvestors who want to maximize current income — roughly 50.41%, generated by selling options premium.

Jump to the side-by-side numbers

GraniteShares
ETFs92
Total AUM$11.0B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

GraniteShares is known for offering specialized ETF strategies that extend beyond traditional equity and bond investing, particularly through structured products and income-focused solutions. The firm manages 48 ETFs organized around distinct fund families including Autocallable products, Commodities, Income strategies, Leveraged exposures, and their YieldBOOST line designed to enhance distributions. GraniteShares targets investors seeking alternative income generation methods and commodity access, with popular tickers like AHD, CRY, and FBL representing their diverse approach to yield enhancement and alternative asset classes.

See our curated list of related YouTube videos on MTYY.

See all GraniteShares ETFs

Side-by-side snapshot

MSTRMTYY
Full nameStrategy Inc.GraniteShares YieldBOOST MSTR ETF
Issuer—GraniteShares
Last Close$100.01 as of August 8, 2026$18.29 as of August 8, 2026
Distribution yield—50.41%
Distribution Safety Score™ —32
Expense ratio—1.07%
AUM—$1.55M
Distribution frequency—Weekly
Underlying index—Strategy (MSTR)
ObjectiveOperates an enterprise analytics software business while pursuing a Bitcoin treasury reserve strategy, accumulating one of the largest corporate Bitcoin balance sheets.Seeks to provide weekly income through selling near-the-money put spreads on leveraged ETFs linked to Strategy (formerly MicroStrategy), with built-in risk control through the put spread collar structure.
Asset classEquityEquity
Inception dateN/A09/23/2025
Beta3.555—
Last dividend—$0.1772
Ex-dividend date—08/07/2026

Bottom lineChoose MSTR if you want direct ownership of the underlying business, with no fund wrapper or management fee. Choose MTYY if you want to maximize current income — roughly 50.41%, generated by selling options premium. There's no free lunch: MTYY's payout comes from selling options, which caps upside and can erode the share price over time, while MSTR keeps full price exposure.

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Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

MSTR has lagged MTYY over the year to date, posting a -36.36% total return against -36.16%. MTYY has been the steadier holding, though — annualized volatility of 32.4% against 77.5% for MSTR. Figures are total returns: price change plus every distribution reinvested.

SymbolYTDSince Sep 2025Volatility Sharpe Sortino Max drawdown
MSTR-36.36%-69.49%77.5%-1.82-2.43-77.1%
MTYY-36.16%-69.52%32.4%-4.36-4.83-70.1%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 7, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Sep 2025” measures every fund from September 23, 2025 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the shared window since Sep 2025. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the shared window since Sep 2025) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.

Quick verdict

MSTR (Strategy Inc.) is a stock, while MTYY (GraniteShares YieldBOOST MSTR ETF) is an ETF — they take fundamentally different approaches.

MTYY currently shows a 50.41% distribution yield. MSTR has not yet established a full distribution history, so a comparable yield figure is not available.

Deep dive

Yield & income

On a $10,000 investment, MSTR has no reported distribution yield yet, so a monthly income estimate is not available, while MTYY would produce $420.08/month, at current distribution rates.

MSTR yield—
MTYY yield50.41%

Cost & efficiency

MTYY charges a 1.07% expense ratio — roughly $1,070 over 10 years on $10,000 (simplified, not compounded). MSTR is a stock, not a fund, so it charges no expense ratio.

MTYY ER1.07%

Strategy & risk

MSTR is a stock, while MTYY tracks Strategy (MSTR) with a crypto approach.

MSTR beta3.555
MTYY beta—

Security details

MSTR (Strategy Inc.) is a stock. MTYY is managed by GraniteShares (launched 09/23/2025) with $1.55M in assets.

MTYY AUM$1.55M
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Frequently asked questions

Which of MSTR or MTYY pays more dividend income?

MTYY currently reports a distribution yield, while MSTR has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.

What is the difference between MSTR and MTYY?

MSTR (Strategy Inc.) is a stock, while MTYY (GraniteShares YieldBOOST MSTR ETF) tracks Strategy (MSTR) with a crypto approach. They are issued by — and GraniteShares respectively.

Can I hold both MSTR and MTYY?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, MSTR or MTYY?

MTYY charges a 1.07% expense ratio. MSTR is a stock, not a fund, so it has no expense ratio — owning it directly costs nothing in ongoing fund fees.

How much income does $10,000 in MSTR vs MTYY generate?

At current rates, MSTR has not established a distribution history yet, so a monthly income estimate is not available. The same in MTYY would produce about $420.08 per month ($5,041.00 annually).

Which has performed better historically, MSTR or MTYY?

MSTR has lagged MTYY over the year to date, posting a -36.36% total return against -36.16%. MTYY has been the steadier holding, though — annualized volatility of 32.4% against 77.5% for MSTR. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

MSTR vs MTYY — at a glance

Generated August 2026 from current fund data.

Overview

MSTR is a software company that operates an enterprise analytics platform while simultaneously accumulating Bitcoin as a corporate treasury asset. MTYY is an options-income ETF that seeks weekly distributions by selling put spreads on leveraged MSTR exposure, capping upside participation in exchange for yield. The two are structurally and strategically distinct: MSTR offers direct equity ownership in an operating business with material Bitcoin exposure; MTYY wraps synthetic income generation on top of leveraged MSTR shares.

How they differ

MSTR is a stock with direct business exposure—you own a piece of the analytics company and its Bitcoin holdings. MTYY is an ETF selling near-the-money put spreads, meaning it generates income through options contracts rather than business earnings or dividends; the strategy is inherently short volatility and capped on upside. MSTR trades with a beta of 3.555, reflecting high sensitivity to market swings and Bitcoin price moves, while MTYY reports a beta of 0.0, a function of its collar structure designed to dampen price swings. The most striking difference is distribution yield: MTYY's 50.41% annualized distribution rate is sourced from options premium, not business cash flow, and distributed weekly. MTYY carries a 1.07% expense ratio and is very new (inception September 2025) with just $1.55M in AUM.

Who each is best for

MSTR: Fits investors seeking concentrated exposure to a dual-asset business—an analytics software platform plus a large Bitcoin treasury position—who can tolerate high volatility and who view the Bitcoin accumulation strategy as a long-term capital allocation play rather than a current-income source.

MTYY: Fits investors drawn to high current yield from options strategies who understand that the put-spread collar caps capital appreciation, who are comfortable with weekly distributions, and who see the capped upside as a deliberate tradeoff for income generation rather than a constraint to work around.

Key risks to know

  • Options decay and volatility dependence: MTYY's 50.41% yield depends on sustained options premium. If implied volatility on MSTR drops, the put spreads will generate less income, compressing MTYY's distribution rate. The collar structure also caps gains if MSTR rallies sharply.
  • Leverage risk in underlying: MTYY uses leveraged ETFs as the base for its put spreads. If those leveraged instruments experience decay or repricing, distributions could suffer independent of MSTR's price movement.
  • Extreme concentration in a single volatile equity: Both securities are fully exposed to MSTR, a stock with a beta of 3.555. MSTR itself faces concentration risk: its value depends on the success of a single software business plus the direction of Bitcoin. A significant business disappointment or Bitcoin sell-off would hit both tickers hard.
  • NAV erosion at yield rates above 50%: A 50.41% annual distribution rate is mathematically difficult to sustain from options premium alone over long periods without capital decay. If the fund's NAV declines faster than distributions offset the loss, total return will suffer.
  • Liquidity and scale risk: MTYY's $1.55M AUM and recent inception date (September 2025) mean it has no long performance history and minimal assets under management. Redemption outflows or user error in executing the options strategy could amplify losses in a market stress event.

Bottom line

MSTR offers pure equity ownership in a business with Bitcoin exposure and high volatility; MTYY packages that same exposure through an options collar designed to generate weekly income at the cost of capped upside. If you want full participation in MSTR's potential upside and can weather 3.5x-scale drawdowns, MSTR is the direct route. If you prioritize current income and accept that your gains in MSTR are capped in exchange for a 50%+ yield, MTYY's collar structure aligns with that goal—but its tiny AUM and recent launch mean it carries execution and liquidity risk alongside the structural income-versus-upside tradeoff. Past performance of the underlying business and Bitcoin does not predict future results, nor does historical options premium.

AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.

Learn the method

The metrics behind this comparison, explained in the Academy.

Bond fund basics How to read a fund's stats Why total return beats chasing yield

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