YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) 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 YMAG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to YMAG
YMAG charges 1.28% annually. There are 272 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% | 27.32M | Nov 2024 | YMAG vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | YMAG vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | YMAG vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | YMAG vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 398.58M | Oct 2023 | YMAG vs PAPI |
Best Risk-Adjusted Alternatives to YMAG
YMAG has a PortfoliosLab risk / return rank of 27. There are 95 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | YMAG vs CHPY | |
| SoFi Enhanced Yield ETF | 94 | 34.73M | Nov 2023 | YMAG vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | YMAG vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 90 | 409.32M | Sep 2023 | YMAG vs AMDY | |
| Simplify Treasury Option Income ETF | 86 | 465.86M | Oct 2022 | YMAG vs BUCK |
Top Performing YMAG Alternatives (YTD)
YMAG is at -3.07% YTD. There are 164 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | YMAG vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | YMAG vs CWII | |
| Roundhill ARM WeeklyPay ETF | 297.09% | 17.52M | Oct 2025 | YMAG vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 176.01% | 83.00M | Jul 2025 | YMAG vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.34% | 409.32M | Sep 2023 | YMAG vs AMDY |
Lowest Volatility Alternatives to YMAG
YMAG has 16.68% 1-year volatility. There are 109 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | YMAG vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | YMAG vs HYTI | |
| Main Buywrite ETF | 4.84% | 1.23B | Dec 2015 | YMAG vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | YMAG vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.52% | 50.16M | Aug 2021 | YMAG vs XRMI |
Lowest Drawdown Alternatives to YMAG
YMAG has a 1-year max drawdown of -14.38%. There are 90 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | YMAG vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | YMAG vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | YMAG vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | YMAG vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | YMAG vs OMAH |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 6 categories. AUM among these funds goes as high as $1B.
Often Compared With YMAG
Investors most often compare YMAG with MAGY, MAGX, FEPI. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare YMAG with Any Fund or Stock
Compare YMAG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair YMAG with funds that move differently
YieldMax Magnificent 7 Fund of Option Income ETFs alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to YMAG.
Explore YMAG Diversifiers