MAGO vs. YMAG
MAGO (Tuttle Capital Magnificent 7 Income Blast ETF) and YMAG (YieldMax Magnificent 7 Fund of Option Income ETFs) are both Derivative Income funds. Both are actively managed. Their correlation of 0.95 suggests significant overlap in exposure. MAGO charges 0.99%/yr vs 1.28%/yr for YMAG.
Performance
MAGO vs. YMAG - Performance Comparison
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Returns By Period
In the year-to-date period, MAGO achieves a -5.64% return, which is significantly lower than YMAG's -3.07% return.
MAGO
- 1D
- -1.54%
- 1M
- -10.07%
- YTD
- -5.64%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YMAG
- 1D
- -0.87%
- 1M
- -7.55%
- YTD
- -3.07%
- 6M
- -4.07%
- 1Y
- 16.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAGO vs. YMAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MAGO Tuttle Capital Magnificent 7 Income Blast ETF | -5.64% | -0.88% |
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | -3.07% | -0.43% |
Correlation
The correlation between MAGO and YMAG is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 30, 2025 | 0.95 |
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Return for Risk
MAGO vs. YMAG — Risk / Return Rank
MAGO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
YMAG
MAGO vs. YMAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) 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.
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.
| MAGO | YMAG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.17 | — |
| Martin ratioReturn relative to average drawdown | — | 3.84 | — |
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Drawdowns
MAGO vs. YMAG - Drawdown Comparison
The maximum MAGO drawdown since its inception was -18.21%, smaller than the maximum YMAG drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for MAGO and YMAG.
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Drawdown Indicators
| MAGO | YMAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.21% | -25.96% | +7.75% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.38% | — |
Current DrawdownCurrent decline from peak | -12.08% | -9.15% | -2.93% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -4.56% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.35% | — |
Volatility
MAGO vs. YMAG - Volatility Comparison
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Volatility by Period
| MAGO | YMAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.86% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.22% | 16.68% | +7.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.22% | 20.98% | +3.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.22% | 20.98% | +3.24% |
MAGO vs. YMAG - Expense Ratio Comparison
MAGO has a 0.99% expense ratio, which is lower than YMAG's 1.28% expense ratio.
Dividends
MAGO vs. YMAG - Dividend Comparison
MAGO's dividend yield for the trailing twelve months is around 8.00%, less than YMAG's 53.52% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MAGO Tuttle Capital Magnificent 7 Income Blast ETF | 8.00% | 0.00% | 0.00% |
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 53.52% | 52.27% | 35.22% |
Frequently Asked Questions
With a correlation of 0.95, MAGO and YMAG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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.
MAGO is cheaper with a 0.99% expense ratio, compared with 1.28% for YMAG.
YMAG has the higher dividend yield at 53.52%, compared with 8.00% for MAGO.
They also come from different issuers: Tuttle and YieldMax. Their fees differ too: 0.99% for MAGO and 1.28% for YMAG.
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