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YMAG vs. YMAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

YMAG vs. YMAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) and YieldMax Universe Fund of Option Income ETFs (YMAX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
16.12%
11.37%
YMAG
YMAX

Returns By Period


YMAG

YTD

N/A

1M

5.78%

6M

16.13%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

YMAX

YTD

N/A

1M

7.80%

6M

11.37%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YMAGYMAX
Daily Std Dev19.23%18.20%
Max Drawdown-14.27%-12.78%
Current Drawdown-1.72%-0.49%

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YMAG vs. YMAX - Expense Ratio Comparison

Both YMAG and YMAX have an expense ratio of 1.28%.


YMAG
YieldMax Magnificent 7 Fund of Option Income ETFs
Expense ratio chart for YMAG: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
Expense ratio chart for YMAX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%

Correlation

-0.50.00.51.00.8

The correlation between YMAG and YMAX is 0.79, 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.

Risk-Adjusted Performance

YMAG vs. YMAX - 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 Universe Fund of Option Income ETFs (YMAX). 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.


Sharpe ratio
No data
YMAG
YMAX

Chart placeholderNot enough data

Dividends

YMAG vs. YMAX - Dividend Comparison

YMAG's dividend yield for the trailing twelve months is around 30.51%, less than YMAX's 34.19% yield.


TTM
YMAG
YieldMax Magnificent 7 Fund of Option Income ETFs
30.51%
YMAX
YieldMax Universe Fund of Option Income ETFs
34.19%

Drawdowns

YMAG vs. YMAX - Drawdown Comparison

The maximum YMAG drawdown since its inception was -14.27%, which is greater than YMAX's maximum drawdown of -12.78%. Use the drawdown chart below to compare losses from any high point for YMAG and YMAX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.72%
-0.49%
YMAG
YMAX

Volatility

YMAG vs. YMAX - Volatility Comparison

YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) has a higher volatility of 6.09% compared to YieldMax Universe Fund of Option Income ETFs (YMAX) at 5.73%. This indicates that YMAG's price experiences larger fluctuations and is considered to be riskier than YMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.09%
5.73%
YMAG
YMAX