YMAG vs. JPMO
Compare and contrast key facts about YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and YieldMax JPM Option Income Strategy ETF (JPMO).
YMAG and JPMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YMAG is an actively managed fund by YieldMax. It was launched on Jan 29, 2024. JPMO is an actively managed fund by YieldMax. It was launched on Sep 11, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YMAG or JPMO.
Performance
YMAG vs. JPMO - Performance Comparison
Returns By Period
YMAG
N/A
6.82%
15.98%
N/A
N/A
N/A
JPMO
15.57%
5.05%
6.99%
22.13%
N/A
N/A
Key characteristics
| YMAG | JPMO | |
|---|---|---|
| Daily Std Dev | 19.25% | 16.80% |
| Max Drawdown | -14.27% | -10.64% |
| Current Drawdown | -1.06% | -1.68% |
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YMAG vs. JPMO - Expense Ratio Comparison
YMAG has a 1.28% expense ratio, which is higher than JPMO's 1.01% expense ratio.
Correlation
The correlation between YMAG and JPMO is 0.23, 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.
Risk-Adjusted Performance
YMAG vs. JPMO - 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 YieldMax JPM Option Income Strategy ETF (JPMO). 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. JPMO - Dividend Comparison
YMAG's dividend yield for the trailing twelve months is around 29.90%, more than JPMO's 23.76% yield.
| TTM | 2023 | |
|---|---|---|
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 29.90% | 0.00% |
JPMO YieldMax JPM Option Income Strategy ETF
| 23.76% | 4.85% |
Drawdowns
YMAG vs. JPMO - Drawdown Comparison
The maximum YMAG drawdown since its inception was -14.27%, which is greater than JPMO's maximum drawdown of -10.64%. Use the drawdown chart below to compare losses from any high point for YMAG and JPMO. For additional features, visit the drawdowns tool.
Volatility
YMAG vs. JPMO - Volatility Comparison
The current volatility for YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) is 6.32%, while YieldMax JPM Option Income Strategy ETF (JPMO) has a volatility of 7.21%. This indicates that YMAG experiences smaller price fluctuations and is considered to be less risky than JPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.