NVIT vs. YMAG

Last updated Aug 6, 2026

NVIT (YieldMax NVDA Performance & Distribution Target 25 ETF) and YMAG (YieldMax Magnificent 7 Fund of Option Income ETFs) are both Derivative Income funds from YieldMax. Both are actively managed. Their 0.68 correlation means they have sometimes moved together and sometimes differently. NVIT charges 1.08%/yr vs 1.28%/yr for YMAG.

Performance

NVIT vs. YMAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVIT achieves a 19.05% return, which is significantly higher than YMAG's 2.08% return.

NVIT

• 1D: 2.46%
• 1M: 10.59%
• 6M: 24.72%
• YTD: 19.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

YMAG

• 1D: -0.99%
• 1M: 1.60%
• 6M: 5.01%
• YTD: 2.08%
• 1Y: 15.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.48%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF	$456.95K	$363.78K	$302.98K
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	$12.15M	$12.56M	$15.01M

NVIT vs. YMAG - Yearly Performance Comparison

	2026 (YTD)	2025
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF	19.05%	3.04%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	2.08%	3.04%

Correlation

The correlation between NVIT and YMAG is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.68

Return for Risk

NVIT vs. YMAG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NVIT

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

YMAG

YMAG Risk / Return Rank: 30
YMAG Sharpe Ratio Rank: 31
YMAG Sortino Ratio Rank: 29
YMAG Omega Ratio Rank: 30
YMAG Calmar Ratio Rank: 30
YMAG Martin Ratio Rank: 31

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NVIT vs. YMAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax NVDA Performance & Distribution Target 25 ETF (NVIT) 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.

	NVIT	YMAG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.87	—
Sortino ratio: Return per unit of downside risk	—	1.26	—
Omega ratio: Gain probability vs. loss probability	—	1.16	—
Calmar ratio: Return relative to maximum drawdown	—	1.10	—
Martin ratio: Return relative to average drawdown	—	3.14	—

Drawdowns

NVIT vs. YMAG - Drawdown Comparison

The maximum NVIT drawdown since its inception was -14.24%, smaller than the maximum YMAG drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for NVIT and YMAG.

Drawdown Indicators

	NVIT	YMAG	Difference
Max Drawdown Largest peak-to-trough decline	-14.24%	-25.96%	+11.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.38%	—
Current Drawdown Current decline from peak	-3.86%	-4.32%	+0.46%
Average Drawdown Average peak-to-trough decline	-4.54%	-4.68%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.04%	—

Volatility

Volatility by Period

	NVIT	YMAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.50%	18.34%	+11.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.50%	21.19%	+8.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.50%	21.19%	+8.31%

NVIT vs. YMAG - Expense Ratio Comparison

NVIT has a 1.08% expense ratio, which is lower than YMAG's 1.28% expense ratio.

Dividends

NVIT vs. YMAG - Dividend Comparison

NVIT's dividend yield for the trailing twelve months is around 16.68%, less than YMAG's 51.86% yield.

Position	TTM	2025	2024
NVIT YieldMax NVDA Performance & Distribution Target 25 ETF	16.68%	2.37%	0.00%
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs	51.86%	52.27%	35.22%

Frequently Asked Questions

Can I hold both NVIT and YMAG in my portfolio?

NVIT and YMAG have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVIT or YMAG?

On fees, NVIT is cheaper at 1.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVIT or YMAG?

NVIT is cheaper with a 1.08% expense ratio, compared with 1.28% for YMAG.

Which ETF pays a higher dividend yield, NVIT or YMAG?

YMAG has the higher dividend yield at 51.86%, compared with 16.68% for NVIT.

What is the main difference between NVIT and YMAG?

Their fees differ too: 1.08% for NVIT and 1.28% for YMAG.