YieldMax Magnificent 7 Fund of Option Income ETF
$11.55+0.08 (+0.70%)
- 1.34%
- $297M
- +15.6%
- 46.79%
- 1.1M sh
- $11.46
- low $10.73high $15.74
The ETF.net YMAG Grade
D
Score 34 out of 100
- 20 of 25
Score 34 of 100 falls in the D 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.F0 out of 100Rank 25 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 18 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A74 out of 100Rank 5 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C52 out of 100Rank 10 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 7 of 25
Our read on YMAG
DSeven YieldMax single-stock income funds, Apple to Tesla, in one weekly-paying ticker. You collect option premium on the Magnificent 7 instead of owning the shares: partial upside, full downside, and a fee well above its peer group.
YMAG seeks current income as an actively managed fund of funds, primarily investing in other ETFs rather than individual-company securities.
Why people hold it
- One trade instead of seven: near-equal slices of YieldMax's Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla option income funds in a single wrapper.sec.gov
- Income lands weekly rather than quarterly, and shares change hands actively, so getting in and out is rarely the hard part.
- The mandate is spelled out in plain terms: a fund of funds chasing current income off mega-cap tech, with no pretense of tracking an index.yieldmaxetfs.com
Worth knowing
- The 1.34% fee sits well above the roughly 0.75% typical of its options-income peer group, and it stacks on the underlying funds' own costs.
- By design you get only part of a Mag 7 rally (the underlying funds sell calls against it) while a selloff comes through in full.yieldmaxetfs.comsec.gov
- Payouts routinely include return of capital: some of the cash is your own money coming back, which trims your cost basis.yieldmaxetfs.com
YMAG Holdings
- Other
- 8
- 100%
- FBY
Sectors
- Financials100.0%
Geography
- United States100.00%
YMAG 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.Not enough history yet.
YMAG$11,565
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 | YMAG |
|---|---|
| Year to date | +9.3% |
| 1 month | +4.8% |
| 3 months | +7.2% |
| 1 year | +15.6% |
| 3 years | — |
| 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 | YMAG |
|---|---|---|
| 2026 YTD | +9.3% | |
| 2025 | +18.7% | |
| 2024 | +36.2% |
YMAG in the news
Category Review
Index option income was not one bet this year
YMAG Dividends
- 46.79%
- $5.37
- $0.09 per share
- Weekly
Distribution history
YMAG Risk
- 17.4%
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.
- 1.06
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.
- −25.9%
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.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YMAG Cost
1.34%
YMAG1.34%
- The middle half of Index Option Income funds
- Median 0.81%
Every other Index Option Income fund charges less.
Other funds in Index Option Income
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- DKLIPKraneShares KWEB Covered Call Strategy ETFExpense ratio 0.94%1 year return −10.2%
- DMAGYRoundhill Magnificent Seven Covered Call ETFExpense ratio 1.19%1 year return +7.5%
- DSEMYGraniteShares YieldBOOST Semiconductor ETFExpense ratio 1.07%1 year return —
- FDRMYXFUNDS MEMORY INCOME ETFExpense ratio 0.99%1 year return —