MAGO vs. FIYY

Last updated Jul 17, 2026

MAGO (Tuttle Capital Magnificent 7 Income Blast ETF) and FIYY (GraniteShares YieldBOOST 20Y+ Treasuries ETF) are both Derivative Income funds. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. MAGO charges 0.99%/yr vs 1.07%/yr for FIYY.

Performance

MAGO vs. FIYY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MAGO

• 1D: 0.00%
• 1M: 0.96%
• 6M: 3.32%
• YTD: 0.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FIYY

• 1D: 0.04%
• 1M: -0.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGO vs. FIYY - Yearly Performance Comparison

	2026 (YTD)
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	0.48%
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	-1.79%

Correlation

The correlation between MAGO and FIYY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.27

Return for Risk

MAGO vs. FIYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) and GraniteShares YieldBOOST 20Y+ Treasuries ETF (FIYY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

MAGO vs. FIYY - Drawdown Comparison

The maximum MAGO drawdown since its inception was -18.21%, which is greater than FIYY's maximum drawdown of -2.51%. Use the drawdown chart below to compare losses from any high point for MAGO and FIYY.

Drawdown Indicators

	MAGO	FIYY	Difference
Max Drawdown Largest peak-to-trough decline	-18.21%	-2.51%	-15.70%
Current Drawdown Current decline from peak	-6.17%	-1.91%	-4.26%
Average Drawdown Average peak-to-trough decline	-6.09%	-1.50%	-4.59%

Volatility

Volatility by Period

	MAGO	FIYY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.31%	4.95%	+19.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.31%	4.95%	+19.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.31%	4.95%	+19.36%

MAGO vs. FIYY - Expense Ratio Comparison

MAGO has a 0.99% expense ratio, which is lower than FIYY's 1.07% expense ratio.

Dividends

MAGO vs. FIYY - Dividend Comparison

MAGO has not paid dividends to shareholders, while FIYY's dividend yield for the trailing twelve months is around 1.13%.

Position	TTM
FIYY GraniteShares YieldBOOST 20Y+ Treasuries ETF	1.13%
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	8.49%

Frequently Asked Questions

Can I hold both MAGO and FIYY in my portfolio?

MAGO and FIYY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MAGO or FIYY?

On fees, MAGO is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MAGO or FIYY?

MAGO is cheaper with a 0.99% expense ratio, compared with 1.07% for FIYY.

Which ETF pays a higher dividend yield, MAGO or FIYY?

MAGO has the higher dividend yield at 8.49%, compared with 1.13% for FIYY.

What is the main difference between MAGO and FIYY?

They also come from different issuers: Tuttle and GraniteShares. Their fees differ too: 0.99% for MAGO and 1.07% for FIYY.