YieldMax Magnificent 7 Fund of Option Income ETF
$11.41−0.13 (−1.08%)
- Expense ratio
- 1.34%
- Fund size
- $305M
- 1Y return
- +10.2%
- Yield · Last 12 months
- 48.45%
- Holdings
- 9
- Volume · 30D
- 1.1M sh
- NAV per share
- $11.59
- 52W range
The ETF.net YMAG Grade
Score 31 of 100 sits in the D 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.FScore 0Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 35Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 65Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 52Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 71Category rank
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
- 9
- 100%
- NVDY
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.
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 | YMAG |
|---|---|
| Year to date | +7.8% |
| 1 month | +6.2% |
| 3 months | +10.3% |
| 1 year | +10.2% |
| 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 | +7.8% | |
| 2025 | +18.7% | |
| 2024 | +36.2% |
YMAG in the news
ETF.net Research hasn’t filed on YMAG yet — coverage lands here as it’s written.
YMAG Dividends
- 48.45%
- $5.59
- $0.07 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 23, 2026 | Pays Sep 24, 2026 | $0.07 |
| Sep 16, 2026 | Sep 17, 2026 | $0.07 |
| Sep 9, 2026 | Sep 10, 2026 | $0.07 |
| Sep 2, 2026 | Sep 3, 2026 | $0.08 |
| Aug 26, 2026 | Aug 27, 2026 | $0.08 |
| Aug 19, 2026 | Aug 20, 2026 | $0.11 |
| Aug 12, 2026 | Aug 13, 2026 | $0.11 |
| Aug 5, 2026 | Aug 6, 2026 | $0.10 |
| Jul 29, 2026 | Jul 30, 2026 | $0.09 |
| Jul 22, 2026 | Jul 23, 2026 | $0.09 |
| Jul 15, 2026 | Jul 16, 2026 | $0.08 |
| Jul 8, 2026 | Jul 9, 2026 | $0.08 |
YMAG Risk
- 17.6%
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.
- 1.01
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.
- 1.10
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
- The middle half of Index Option Income funds
- Median 0.81%
Every other Index Option Income fund charges less.