YMAG vs. GAIN
Compare and contrast key facts about YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and Gladstone Investment Corporation (GAIN).
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: YMAG or GAIN.
Key characteristics
| YMAG | GAIN | |
|---|---|---|
| Daily Std Dev | 19.84% | 19.33% |
| Max Drawdown | -14.27% | -80.87% |
| Current Drawdown | -6.82% | -5.89% |
Correlation
The correlation between YMAG and GAIN is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
YMAG vs. GAIN - 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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Risk-Adjusted Performance
YMAG vs. GAIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and Gladstone Investment Corporation (GAIN). 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.
Not enough dataDividends
YMAG vs. GAIN - Dividend Comparison
YMAG's dividend yield for the trailing twelve months is around 22.78%, more than GAIN's 14.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 22.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GAIN Gladstone Investment Corporation | 14.40% | 16.57% | 9.08% | 5.34% | 9.22% | 7.42% | 9.68% | 7.77% | 8.87% | 9.68% | 11.00% | 7.30% |
Drawdowns
YMAG vs. GAIN - Drawdown Comparison
The maximum YMAG drawdown since its inception was -14.27%, smaller than the maximum GAIN drawdown of -80.87%. Use the drawdown chart below to compare losses from any high point for YMAG and GAIN. For additional features, visit the drawdowns tool.
Volatility
YMAG vs. GAIN - Volatility Comparison
YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and Gladstone Investment Corporation (GAIN) have volatilities of 5.82% and 5.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.