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.
Correlation
The correlation between YMAG and JPMO is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
YMAG vs. JPMO - Performance Comparison
Key characteristics
YMAG:
0.46
JPMO:
-0.05
YMAG:
0.78
JPMO:
0.09
YMAG:
1.11
JPMO:
1.01
YMAG:
0.45
JPMO:
-0.04
YMAG:
1.37
JPMO:
-0.15
YMAG:
8.41%
JPMO:
6.69%
YMAG:
25.30%
JPMO:
22.61%
YMAG:
-25.96%
JPMO:
-24.80%
YMAG:
-18.94%
JPMO:
-17.45%
Returns By Period
In the year-to-date period, YMAG achieves a -15.31% return, which is significantly lower than JPMO's -6.22% return.
YMAG
-15.31%
-7.12%
-7.43%
8.36%
N/A
N/A
JPMO
-6.22%
-7.55%
-3.75%
-1.72%
N/A
N/A
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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.
Risk-Adjusted Performance
YMAG vs. JPMO — Risk-Adjusted Performance Rank
YMAG
JPMO
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.
Dividends
YMAG vs. JPMO - Dividend Comparison
YMAG's dividend yield for the trailing twelve months is around 50.24%, more than JPMO's 29.59% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
YMAG YieldMax Magnificent 7 Fund of Option Income ETFs | 50.24% | 35.22% | 0.00% |
JPMO YieldMax JPM Option Income Strategy ETF
| 29.59% | 25.16% | 4.85% |
Drawdowns
YMAG vs. JPMO - Drawdown Comparison
The maximum YMAG drawdown since its inception was -25.96%, roughly equal to the maximum JPMO drawdown of -24.80%. 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
YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a higher volatility of 15.74% compared to YieldMax JPM Option Income Strategy ETF (JPMO) at 13.87%. This indicates that YMAG's price experiences larger fluctuations and is considered to be riskier than JPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.