Data as of .
ULTY vs YMAG: which paid, and which earned it?
Over the year ULTY paid 44.9% of its price in cash against YMAG’s 35.5%, though YMAG returned more with it reinvested.
ETFIQ Return Stability Score: YMAG scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, ULTY and YMAG hold 1% of their money in the same securities at the same weight.
| Holding | ULTY | YMAG |
|---|---|---|
| First American Government Obligations Fund 12/01/2031 | 2.74% | 0.87% |
| Only in ULTY | Only in YMAG |
|---|---|
| Advanced Micro Devices Inc 5.23% | YieldMax NVDA Option Income Strategy ETF 14.58% |
| MercadoLibre Inc 4.99% | YieldMax AAPL Option Income Strategy ETF 14.24% |
| Lumentum Holdings Inc 4.75% | YieldMax Tsla Option Income ETF 14.21% |
| Strategy Inc 4.66% | YieldMax Amzn Option Income ETF 14.11% |
| Comfort Systems USA Inc 4.61% | YieldMax GOOGL Option Income Strategy ETF 14.11% |
| Alphabet Inc 4.39% | YieldMax Meta Option Income Strategy ETF 13.99% |
| Lam Research Corp 4.34% | YieldMax MSFT Option Income Strategy ETF 13.90% |
| Coherent Corp 4.30% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| ULTY | YMAG | ULTY | YMAG | ULTY | YMAG | |
| 3 months | −1.1% | +6.1% | 13.7% | 9.4% | −3.3 pts | −1.6 pts |
| 6 months | +14.0% | +15.4% | 30.1% | 21.1% | −4.0 pts | −5.3 pts |
| 1 year | −7.8% | +9.7% | 44.9% | 35.5% | −24.3 pts | −1.5 pts |
| Since launch | +10.7% | +70.7% | 86.9% | 89.1% | −44.1 pts | −34.1 pts |
| ULTY YieldMax(R) Ultra Option Income Strategy ETF Synthetic covered call on SPY, paying weekly | YMAG YieldMax(R) Magnificent 7 Fund of Option Income ETFs Synthetic covered call on MAGS, paying weekly | |
|---|---|---|
| Issuer | YieldMax | YieldMax |
| Strategy | synthetic covered call | synthetic covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | Magnificent Seven (MAGS) |
| Pays | weekly | weekly |
| Payout rate, annualized | 59.8% | 30.9% |
| Expense ratio | 1.30% | 1.34% |
| Cash paid, 1 year | 44.9% | 35.5% |
| Price change, 1 year | −54.1% | −28.1% |
| Total return, 1 year | −7.8% | +9.7% |
| Benchmark return, 1 year | +16.6% | +11.2% |
| Ahead or behind | −24.3 pts | −1.5 pts |
| Return of capital, latest estimate | 100% | 80% |
| Age | 932 days | 962 days |
| Net assets | $721m | $297m |
ULTY in plain words
Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting value in cash distributions while its price fell 54.1%. With every distribution reinvested, the fund returned −7.8%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 24.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 59.8%, paid weekly. YieldMax estimates that 100% 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).
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, ULTY or YMAG?
- Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting price in cash and YMAG paid 35.5%, so ULTY paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, ULTY or YMAG?
- With every distribution reinvested, ULTY returned −7.8% and YMAG returned +9.7% over the year to Sep 18, 2026, so YMAG returned more.
- Which is cheaper, ULTY or YMAG?
- ULTY charges 1.30% a year and YMAG charges 1.34%, so ULTY 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.
Cite this page. ETFIQ, ULTY against YMAG, data as of Sep 18, 2026. https://etfiq.com/compare/income/ulty-vs-ymag Free to use with attribution; the underlying files are at Open data.