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Data as of .

FTQI vs YMAG: which paid, and which earned it?

Over the year YMAG paid 35.5% of its price in cash against FTQI’s 12.0%, though FTQI returned more with it reinvested.

First Trust Nasdaq BuyWrite Income ETF and YieldMax(R) Magnificent 7 Fund of Option Income ETFs.

12.0%FTQI cash paid, 1 year
35.5%YMAG cash paid, 1 year
+21.5%FTQI total return, 1 year
+9.7%YMAG total return, 1 year

ETFIQ Return Stability Score: FTQI scores higher

Was the payout funded by returns, or by your own capital?

FTQI 76YMAG 33.83.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

FTQIAbout even with QQQ · 1 year to Sep 18, 2026
QQQ+21.8%FTQI+21.5%12.0% of it arrived as cashabout even with QQQTotal return, distributions reinvestedQQQ+21.8%FTQI+21.5%12.0% cashabout even with QQQ
YMAG1.5 pts behind MAGS · 1 year to Sep 18, 2026
MAGS+11.2%YMAG+9.7%35.5% of it arrived as cash1.5 pts behind MAGSTotal return, distributions reinvestedMAGS+11.2%YMAG+9.7%1.5 pts behind MAGS

What they hold in common

By the books each fund has filed, FTQI and YMAG hold 0% of their money in the same securities at the same weight.

Only in each
Only in FTQIOnly in YMAG
Apple Inc. 8.76%YieldMax NVDA Option Income Strategy ETF 14.58%
NVIDIA Corporation 6.55%YieldMax AAPL Option Income Strategy ETF 14.24%
US Dollar 5.75%YieldMax Tsla Option Income ETF 14.21%
Advanced Micro Devices, Inc. 5.41%YieldMax Amzn Option Income ETF 14.11%
Amazon.com, Inc. 4.13%YieldMax GOOGL Option Income Strategy ETF 14.11%
Cisco Systems, Inc. 3.18%YieldMax Meta Option Income Strategy ETF 13.99%
Meta Platforms, Inc. (Class A) 2.75%YieldMax MSFT Option Income Strategy ETF 13.90%
Tesla, Inc. 2.68%First American Government Obligations Fund 12/01/2031 0.87%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

FTQI and YMAG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FTQIYMAGFTQIYMAGFTQIYMAG
3 months+4.0%+6.1%2.9%9.4%+6.5 pts−1.6 pts
6 months+18.3%+15.4%6.3%21.1%−5.9 pts−5.3 pts
1 year+21.5%+9.7%12.0%35.5%−0.3 pts−1.5 pts
3 years+62.9%not published37.0%not published−35.3 ptsnot published
Since launch+141.7%+70.7%78.8%89.1%−675.0 pts−34.1 pts
Open the live comparison on ETFIQ
FTQI and YMAG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FTQI
First Trust Nasdaq BuyWrite Income ETF
Covered call on QQQ, paying monthly
YMAG
YieldMax(R) Magnificent 7 Fund of Option Income ETFs
Synthetic covered call on MAGS, paying weekly
IssuerFirst TrustYieldMax
Strategycovered callsynthetic covered call
BenchmarkNasdaq-100 (QQQ)Magnificent Seven (MAGS)
Paysmonthlyweekly
Payout rate, annualized11.9%30.9%
Expense ratio0.75%1.34%
Cash paid, 1 year12.0%35.5%
Price change, 1 year+8.0%−28.1%
Total return, 1 year+21.5%+9.7%
Benchmark return, 1 year+21.8%+11.2%
Ahead or behind−0.3 pts−1.5 pts
Return of capital, latest estimatenot published80%
Age4637 days962 days
Net assets$975m$297m

FTQI in plain words

Over the year to Sep 18, 2026, FTQI paid 12.0% of its starting value in cash distributions while its price rose 8.0%. With every distribution reinvested, the fund returned +21.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, paid monthly.

YMAG in plain words

Over the year to Sep 18, 2026, YMAG paid 35.5% of its starting value in cash distributions while its price fell 28.1%. With every distribution reinvested, the fund returned +9.7%. Magnificent Seven (MAGS) returned +11.2% over the same days, so a holder was behind by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 30.9%, paid weekly. YieldMax estimates that 80% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, FTQI or YMAG?
Over the year to Sep 18, 2026, FTQI paid 12.0% of its starting price in cash and YMAG paid 35.5%, so YMAG paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FTQI or YMAG?
With every distribution reinvested, FTQI returned +21.5% and YMAG returned +9.7% over the year to Sep 18, 2026, so FTQI returned more.
Which is cheaper, FTQI or YMAG?
FTQI charges 0.75% a year and YMAG charges 1.34%, so FTQI is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FTQI against YMAG, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FTQI against YMAG, data as of Sep 18, 2026. https://etfiq.com/compare/income/ftqi-vs-ymag Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources