HOOY vs. YMAG

Last updated Apr 3, 2026

Compare and contrast key facts about YieldMax HOOD Option Income Strategy ETF (HOOY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG).

HOOY and YMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOOY is an actively managed fund by YieldMax. It was launched on May 7, 2025. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024.

Performance

HOOY vs. YMAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax HOOD Option Income Strategy ETF (HOOY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). The values are adjusted to include any dividend payments, if applicable.

HOOY vs. YMAG - Yearly Performance Comparison

	2026 (YTD)	2025
HOOY YieldMax HOOD Option Income Strategy ETF	-31.19%	64.95%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	-8.70%	32.28%

Returns By Period

In the year-to-date period, HOOY achieves a -31.19% return, which is significantly lower than YMAG's -8.70% return.

HOOY

• 1D: -0.93%
• 1M: -3.82%
• YTD: -31.19%
• 6M: -46.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YMAG

• 1D: -0.42%
• 1M: -3.42%
• YTD: -8.70%
• 6M: -6.08%
• 1Y: 22.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HOOY vs. YMAG - Expense Ratio Comparison

HOOY has a 0.99% expense ratio, which is lower than YMAG's 1.28% expense ratio.

YMAG

YieldMax Magnificent 7 Fund of Option Income ETFs

HOOY

YieldMax HOOD Option Income Strategy ETF

Return for Risk

HOOY vs. YMAG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YMAG

YMAG Risk / Return Rank: 54
YMAG Sharpe Ratio Rank: 54
YMAG Sortino Ratio Rank: 56
YMAG Omega Ratio Rank: 54
YMAG Calmar Ratio Rank: 56
YMAG Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HOOY vs. YMAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax HOOD Option Income Strategy ETF (HOOY) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HOOY	YMAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.03	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.92	-0.64

Correlation

The correlation between HOOY and YMAG is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HOOY vs. YMAG - Dividend Comparison

HOOY's dividend yield for the trailing twelve months is around 163.64%, more than YMAG's 56.53% yield.

	TTM	2025	2024
HOOY YieldMax HOOD Option Income Strategy ETF	163.64%	82.87%	0.00%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	56.53%	52.27%	35.22%

Drawdowns

HOOY vs. YMAG - Drawdown Comparison

The maximum HOOY drawdown since its inception was -51.54%, which is greater than YMAG's maximum drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for HOOY and YMAG.

Drawdown Indicators

	HOOY	YMAG	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	-25.96%	-25.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.38%	—
Current Drawdown Current decline from peak	-48.73%	-10.69%	-38.04%
Average Drawdown Average peak-to-trough decline	-16.05%	-4.71%	-11.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.26%	—

Volatility

Volatility by Period

	HOOY	YMAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.77%	—
Volatility (1Y) Calculated over the trailing 1-year period	53.19%	22.23%	+30.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.19%	21.30%	+31.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.19%	21.30%	+31.89%