Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

TPRY and YMAG both write options for income.

VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF and YieldMax(R) Magnificent 7 Fund of Option Income ETFs.

7.4%TPRY cash paid, 1 year
35.5%YMAG cash paid, 1 year
+2.1%TPRY total return, 1 year
+9.7%YMAG total return, 1 year
TPRY9.3 pts behind SPY · since launch to Sep 18, 2026
SPY+11.4%TPRY+2.1%7.4% as cash9.3 pts behind SPYTotal return, distributions reinvestedSPY+11.4%TPRY+2.1%9.3 pts behind SPY
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%35.5% as cash1.5 pts behind MAGS

What they hold in common

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

Only in each
Only in TPRYOnly in YMAG
Micron Technology Inc 13.23%YieldMax NVDA Option Income Strategy ETF 14.58%
Amazon.com Inc 12.40%YieldMax AAPL Option Income Strategy ETF 14.24%
Taiwan Semiconductor Manufacturing Co Ltd 8.48%YieldMax Tsla Option Income ETF 14.21%
Alphabet Inc 6.91%YieldMax Amzn Option Income ETF 14.11%
Meta Platforms Inc 5.35%YieldMax GOOGL Option Income Strategy ETF 14.11%
Uber Technologies Inc 5.23%YieldMax Meta Option Income Strategy ETF 13.99%
Apple Inc 4.91%YieldMax MSFT Option Income Strategy ETF 13.90%
Vistra Corp 4.57%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 21, 2026.

Performance, window by window

TPRY and YMAG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
TPRYYMAGTPRYYMAGTPRYYMAG
3 months−5.9%+6.1%3.5%9.4%−8.2 pts−1.6 pts
6 months+11.9%+15.4%8.1%21.1%−6.1 pts−5.3 pts
1 yearnot published+9.7%not published35.5%not published−1.5 pts
Since launch+2.1%+70.7%7.4%89.1%−9.3 pts−34.1 pts
Open the live comparison on ETFIQ
TPRY and YMAG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
TPRY
VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF
Covered call on SPY, paying monthly
YMAG
YieldMax(R) Magnificent 7 Fund of Option Income ETFs
Synthetic covered call on MAGS, paying weekly
IssuerVistaSharesYieldMax
Strategycovered callsynthetic covered call
BenchmarkS&P 500 (SPY), used as a default proxyMagnificent Seven (MAGS)
Paysmonthlyweekly
Payout rate, annualized15.3%30.9%
Expense ratio0.95%1.34%
Cash paid, 1 year7.4% (since launch on Feb 26, 2026)35.5%
Price change, 1 year−5.4%−28.1%
Total return, 1 year+2.1% (since launch on Feb 26, 2026)+9.7%
Benchmark return, 1 year+11.4%+11.2%
Ahead or behind−9.3 pts−1.5 pts
Return of capital, latest estimatenot published80%
Age204 days962 days
Net assets$4m$297m

TPRY in plain words

Over the period since launch on Feb 26, 2026 to Sep 18, 2026, TPRY paid 7.4% of its starting value in cash distributions while its price fell 5.4%. With every distribution reinvested, the fund returned +2.1%. S&P 500 (SPY), used as a default proxy returned +11.4% over the same days, so a holder was behind by 9.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, 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 is cheaper, TPRY or YMAG?
TPRY charges 0.95% a year and YMAG charges 1.34%, so TPRY 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.

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

How every figure is computed · Standards and sources