Data as of Nov 4, 2026.
TMGN vs ULTY: Dividend Yield & Total Return
TMGN and ULTY both write options for income.
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Net assets: $576m on Nov 3, 2026 for YieldMax Ultra Option Income Strategy ETF, beside TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF.
Not measured
TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
TMGN
+5.2%
5.4% as cash
Total return, distributions reinvested
Not measured
TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
TMGN
+5.2%
5.4% of it arrived as cash. Total return, distributions reinvested. TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.4.4 pts ahead of its own holdings
ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
its own holdings
−16.8%
ULTY
−12.4%
4.4 pts ahead of its own holdings
Total return, distributions reinvested
4.4 pts ahead of its own holdings
ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
its own holdings
−16.8%
ULTY
−12.4%
46.0% of it arrived as cash. Both charts share one scale, with zero at the line. ULTY over 1 year: paid 46.0%, price −55.5%, total −12.4%, its own holdings −16.8%, +4.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
TMGN costs 0.42 points a year less.
Points (pts) are percentage points.
| Measure | TMGN | ULTY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | −12.4% |
| Price change | fell 0.1% (since Jul 15, 2026) | fell 55.5% (1 year) |
| Return of capital, issuer estimate | 100% of the Oct 28, 2026 payment | 100% of the Nov 5, 2026 payment |
| Against its benchmark | ||
| Benchmark | not published | its own holdings |
| Cost and size | ||
| Expense ratio | 0.88% | 1.30% |
| Net assets | not read by ETFIQ | $576m |
| Holdings | ||
| Holdings in common | not published | |
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | TMGN | ULTY | TMGN | ULTY | TMGN | ULTY |
| 3 months | +3.6% | −8.3% | 5.3% | 14.3% | not measured | +3.4 pts |
| 6 months | – | −9.9% | – | 26.6% | – | +1.6 pts |
| 1 year | – | −12.4% | – | 46.0% | – | +4.4 pts |
| Since launchNot the same days: TMGN Jul 2026 · ULTY Feb 2024 | +5.2% | −1.9% | 5.4% | 87.9% | not measured | not measured |
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TMGN
Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, TMGN paid 5.4% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +5.2%. At its price on Nov 4, 2026 the latest distribution annualizes to 21.7%, paid monthly. TappAlpha estimates that 100% of the distribution paid Oct 28, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
ULTY
Over the year to Nov 4, 2026, ULTY paid 46.0% of its starting value in cash distributions while its price fell 55.5%. With every distribution reinvested, the fund returned −12.4%. ULTY's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Nov 2, 2026) returned −16.8% over the same days, so a holder was ahead by 4.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.9%, paid weekly. YieldMax estimates that 100% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, TMGN against ULTY, data as of Nov 4, 2026. https://etfiq.com/compare/income/tmgn-vs-ulty
ETFIQ. (Nov 4, 2026). TMGN against ULTY. Retrieved from https://etfiq.com/compare/income/tmgn-vs-ulty
[TMGN against ULTY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/tmgn-vs-ulty)
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