XOMO vs. YMAG
Compare and contrast key facts about YieldMax XOM Option Income Strategy ETF (XOMO) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG).
XOMO and YMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XOMO is an actively managed fund by YieldMax. It was launched on Aug 30, 2023. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XOMO or YMAG.
Key characteristics
XOMO | YMAG | |
---|---|---|
Daily Std Dev | 14.36% | 19.38% |
Max Drawdown | -13.53% | -14.27% |
Current Drawdown | -2.97% | 0.00% |
Correlation
The correlation between XOMO and YMAG is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
XOMO vs. YMAG - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XOMO vs. YMAG - Expense Ratio Comparison
XOMO has a 1.01% expense ratio, which is lower than YMAG's 1.28% expense ratio.
Risk-Adjusted Performance
XOMO vs. YMAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax XOM Option Income Strategy ETF (XOMO) 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.
Dividends
XOMO vs. YMAG - Dividend Comparison
XOMO's dividend yield for the trailing twelve months is around 20.20%, less than YMAG's 28.52% yield.
TTM | 2023 | |
---|---|---|
YieldMax XOM Option Income Strategy ETF | 20.20% | 5.13% |
YieldMax Magnificent 7 Fund of Option Income ETFs | 28.52% | 0.00% |
Drawdowns
XOMO vs. YMAG - Drawdown Comparison
The maximum XOMO drawdown since its inception was -13.53%, smaller than the maximum YMAG drawdown of -14.27%. Use the drawdown chart below to compare losses from any high point for XOMO and YMAG. For additional features, visit the drawdowns tool.
Volatility
XOMO vs. YMAG - Volatility Comparison
The current volatility for YieldMax XOM Option Income Strategy ETF (XOMO) is 4.57%, while YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a volatility of 5.73%. This indicates that XOMO experiences smaller price fluctuations and is considered to be less risky than YMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.