YMAG vs. VOO
Compare and contrast key facts about YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and Vanguard S&P 500 ETF (VOO).
YMAG and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YMAG or VOO.
Key characteristics
| YMAG | VOO | |
|---|---|---|
| Daily Std Dev | 19.84% | 12.64% |
| Max Drawdown | -14.27% | -33.99% |
| Current Drawdown | -6.82% | -0.60% |
Correlation
The correlation between YMAG and VOO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
YMAG vs. VOO - 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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YMAG vs. VOO - Expense Ratio Comparison
YMAG has a 1.28% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
YMAG vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
YMAG's dividend yield for the trailing twelve months is around 22.78%, more than VOO's 1.28% 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% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
YMAG vs. VOO - Drawdown Comparison
The maximum YMAG drawdown since its inception was -14.27%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for YMAG and VOO. For additional features, visit the drawdowns tool.
Volatility
YMAG vs. VOO - Volatility Comparison
YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a higher volatility of 5.82% compared to Vanguard S&P 500 ETF (VOO) at 3.83%. This indicates that YMAG's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.