Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MAGO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MAGO
MAGO charges 0.99% annually. There are 146 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 29.28M | Nov 2024 | MAGO vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | MAGO vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | MAGO vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | MAGO vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 787.43M | Jul 2024 | MAGO vs QQA |
Best Risk-Adjusted Alternatives to MAGO
Among 170 ETFs in the Derivative Income category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 96 | 474.96M | Oct 2022 | MAGO vs BUCK | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | MAGO vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 246.95M | Jul 2023 | MAGO vs GOOY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 91 | 1.16B | Apr 2025 | MAGO vs CHPY | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 938.31M | Jan 2014 | MAGO vs FTQI |
Top Performing MAGO Alternatives (YTD)
Among 246 ETFs in the Derivative Income category with YTD return data, the top-performing alternatives shown here go as high as 163.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 163.57% | 116.76M | Jul 2025 | MAGO vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 161.70% | 27.86M | Oct 2025 | MAGO vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 97.19% | 443.39M | Sep 2023 | MAGO vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 80.55% | 127.56M | Oct 2023 | MAGO vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 63.11% | 1.16B | Apr 2025 | MAGO vs CHPY |
Lowest Volatility Alternatives to MAGO
Among 296 ETFs in the Derivative Income category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 2.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.74% | 474.96M | Oct 2022 | MAGO vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.38% | 206.17M | Apr 2026 | MAGO vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.87% | 88.48M | Feb 2025 | MAGO vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.26B | Dec 2015 | MAGO vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 4.95% | 726.94K | May 2026 | MAGO vs FIYY |
Lowest Drawdown Alternatives to MAGO
Among 170 ETFs in the Derivative Income category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | MAGO vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | MAGO vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | Dec 2015 | MAGO vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | MAGO vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | MAGO vs OMAH |
Other ETFs from Tuttle
The 5 most viewed Tuttle ETFs shown here include NSI, SKRE, SPCI and span 6 categories. AUM among these funds goes as high as $42M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| National Security Emerging Markets Index ETF | Emerging Markets Diversified | 45 | 11.56% | 41.54M | Dec 2023 | MAGO vs NSI | |
| Tuttle Capital Daily 2X Inverse Regional Banks ETF | Inverse Equities, Leveraged Equities, Financials Equities | 1 | -36.29% | 7.22M | Jan 2024 | MAGO vs SKRE | |
| Tuttle Capital Space Industry Income Blast ETF | Derivative Income | — | — | 12.93M | Mar 2026 | MAGO vs SPCI | |
| Tuttle Capital Meme Stock Income Blast ETF | Derivative Income | — | — | 674.56K | Jan 2026 | MAGO vs MEMY | |
| Tuttle Capital Pure Play Photonics ETF | Technology Equities | — | — | — | May 2026 | MAGO vs FOTO |
Often Compared With MAGO
Investors most often compare MAGO with GOOP, TLTX, IPDP. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare MAGO with Any Fund or Stock
Compare MAGO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MAGO with funds that move differently
Tuttle Capital Magnificent 7 Income Blast ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAGO.
Explore MAGO Diversifiers