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 308 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% | 29.05M | Nov 2024 | YMAG vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | YMAG vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | YMAG vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | YMAG vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 438.36M | Oct 2023 | YMAG vs PAPI |
Best Risk-Adjusted Alternatives to YMAG
YMAG has a PortfoliosLab risk / return rank of 36. There are 112 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | YMAG vs THTA | |
| Global X S&P 500 Covered Call ETF | 94 | 3.24B | Jun 2013 | YMAG vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 94 | 358.08M | Dec 2007 | YMAG vs PBP | |
| Simplify Treasury Option Income ETF | 93 | 489.70M | Oct 2022 | YMAG vs BUCK | |
| Global X Russell 2000 Covered Call ETF | 93 | 1.37B | Apr 2019 | YMAG vs RYLD |
Top Performing YMAG Alternatives (YTD)
YMAG is at 2.13% YTD. There are 158 ETFs in the Derivative Income category with higher YTD returns, going as high as 150.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 150.89% | 114.09M | Jul 2025 | YMAG vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 133.71% | 22.04M | Oct 2025 | YMAG vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 90.29% | 382.78M | Sep 2023 | YMAG vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 62.69% | 106.87M | Oct 2023 | YMAG vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 59.66% | 64.01M | Dec 2024 | YMAG vs SOXY |
Lowest Volatility Alternatives to YMAG
YMAG has 18.39% 1-year volatility. There are 141 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | YMAG vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | YMAG vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | YMAG vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | YMAG vs HYTI | |
| Main Buywrite ETF | 4.87% | 1.30B | Dec 2015 | YMAG vs BUYW |
Lowest Drawdown Alternatives to YMAG
YMAG has a 1-year max drawdown of -14.38%. There are 109 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | YMAG vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | YMAG vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | YMAG vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | YMAG vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | YMAG vs THTA |
Other ETFs from YieldMax
The 10 most viewed YieldMax ETFs shown here include MSTY, ULTY, YMAX and span 7 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