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

YMAX vs. YMAG

Last updated May 23, 2025

Compare and contrast key facts about YieldMax Universe Fund of Option Income ETFs (YMAX) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG).

YMAX and YMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YMAX is an actively managed fund by YieldMax. It was launched on Jan 16, 2024. 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: YMAX or YMAG.

Correlation

The correlation between YMAX and YMAG is 0.82, 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

YMAX vs. YMAG - Performance Comparison

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

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Key characteristics

Sharpe Ratio

YMAX:

0.37

YMAG:

0.56

Sortino Ratio

YMAX:

0.63

YMAG:

0.94

Omega Ratio

YMAX:

1.08

YMAG:

1.13

Calmar Ratio

YMAX:

0.35

YMAG:

0.57

Martin Ratio

YMAX:

1.11

YMAG:

1.62

Ulcer Index

YMAX:

8.02%

YMAG:

9.15%

Daily Std Dev

YMAX:

26.04%

YMAG:

25.56%

Max Drawdown

YMAX:

-25.55%

YMAG:

-25.96%

Current Drawdown

YMAX:

-7.15%

YMAG:

-8.96%

Returns By Period

In the year-to-date period, YMAX achieves a -0.71% return, which is significantly higher than YMAG's -4.87% return.

YMAX

YTD

-0.71%

1M

13.34%

6M

-1.61%

1Y

9.52%

3Y*

N/A

5Y*

N/A

10Y*

N/A

YMAG

YTD

-4.87%

1M

17.20%

6M

-0.95%

1Y

14.11%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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YieldMax Universe Fund of Option Income ETFs

YieldMax Magnificent 7 Fund of Option Income ETFs

YMAX vs. YMAG - Expense Ratio Comparison

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

YMAX
YieldMax Universe Fund of Option Income ETFs
YMAG
YieldMax Magnificent 7 Fund of Option Income ETFs

Risk-Adjusted Performance

YMAX vs. YMAG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
YMAX
The Risk-Adjusted Performance Rank of YMAX is 4141
Overall Rank
The Sharpe Ratio Rank of YMAX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of YMAX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of YMAX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of YMAX is 4545
Calmar Ratio Rank
The Martin Ratio Rank of YMAX is 4040
Martin Ratio Rank
YMAG
The Risk-Adjusted Performance Rank of YMAG is 5858
Overall Rank
The Sharpe Ratio Rank of YMAG is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of YMAG is 6060
Sortino Ratio Rank
The Omega Ratio Rank of YMAG is 6161
Omega Ratio Rank
The Calmar Ratio Rank of YMAG is 6363
Calmar Ratio Rank
The Martin Ratio Rank of YMAG is 5050
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

YMAX vs. YMAG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Universe Fund of Option Income ETFs (YMAX) and YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG). 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.

The current YMAX Sharpe Ratio is 0.37, which is lower than the YMAG Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of YMAX and YMAG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Dividends

YMAX vs. YMAG - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 60.13%, more than YMAG's 47.80% yield.

TTM2024
YMAX
YieldMax Universe Fund of Option Income ETFs		60.13%44.21%
YMAG
YieldMax Magnificent 7 Fund of Option Income ETFs		47.80%35.22%

Drawdowns

YMAX vs. YMAG - Drawdown Comparison

The maximum YMAX drawdown since its inception was -25.55%, roughly equal to the maximum YMAG drawdown of -25.96%. Use the drawdown chart below to compare losses from any high point for YMAX and YMAG. For additional features, visit the drawdowns tool.

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Volatility

YMAX vs. YMAG - Volatility Comparison

YieldMax Universe Fund of Option Income ETFs (YMAX) has a higher volatility of 5.67% compared to YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) at 5.26%. This indicates that YMAX's price experiences larger fluctuations and is considered to be riskier than YMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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