Data as of .
XPAY vs YMAG: which paid, and which earned it?
Over the year YMAG paid 35.5% of its price in cash against XPAY’s 19.9%, though XPAY returned more with it reinvested.
ETFIQ Return Stability Score: XPAY 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, XPAY and YMAG hold 1% of their money in the same securities at the same weight.
| Holding | XPAY | YMAG |
|---|---|---|
| First American Government Obligations Fund 12/01/2031 | 4.95% | 0.87% |
| Only in XPAY | Only in YMAG |
|---|---|
| SPY 02/12/2027 33.47 C 13.75% | YieldMax NVDA Option Income Strategy ETF 14.58% |
| SPY 07/16/2027 36.7 C 11.79% | YieldMax AAPL Option Income Strategy ETF 14.24% |
| SPY 03/12/2027 33.67 C 11.51% | YieldMax Tsla Option Income ETF 14.21% |
| SPY 04/16/2027 33.87 C 11.49% | YieldMax Amzn Option Income ETF 14.11% |
| SPY 06/11/2027 37.11 C 10.07% | YieldMax GOOGL Option Income Strategy ETF 14.11% |
| SPY 01/15/2027 33.21 C 6.96% | YieldMax Meta Option Income Strategy ETF 13.99% |
| SPY 12/11/2026 33.1 C 6.40% | YieldMax MSFT Option Income Strategy ETF 13.90% |
| SPY 09/10/2027 37.99 C 5.57% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| XPAY | YMAG | XPAY | YMAG | XPAY | YMAG | |
| 3 months | +2.0% | +6.1% | 5.0% | 9.4% | −0.3 pts | −1.6 pts |
| 6 months | +17.8% | +15.4% | 11.1% | 21.1% | −0.2 pts | −5.3 pts |
| 1 year | +15.7% | +9.7% | 19.9% | 35.5% | −0.9 pts | −1.5 pts |
| Since launch | +34.7% | +70.7% | 37.5% | 89.1% | −2.3 pts | −34.1 pts |
| XPAY Roundhill S&P 500 Target 20 Managed Distribution ETF Option income on SPY, paying monthly | YMAG YieldMax(R) Magnificent 7 Fund of Option Income ETFs Synthetic covered call on MAGS, paying weekly | |
|---|---|---|
| Issuer | Roundhill | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | S&P 500 (SPY) | Magnificent Seven (MAGS) |
| Pays | monthly | weekly |
| Payout rate, annualized | 20.8% | 30.9% |
| Expense ratio | 0.49% | 1.34% |
| Cash paid, 1 year | 19.9% | 35.5% |
| Price change, 1 year | −5.8% | −28.1% |
| Total return, 1 year | +15.7% | +9.7% |
| Benchmark return, 1 year | +16.6% | +11.2% |
| Ahead or behind | −0.9 pts | −1.5 pts |
| Return of capital, latest estimate | not published | 80% |
| Age | 687 days | 962 days |
| Net assets | $179m | $297m |
XPAY in plain words
Over the year to Sep 18, 2026, XPAY paid 19.9% of its starting value in cash distributions while its price fell 5.8%. With every distribution reinvested, the fund returned +15.7%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, 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, XPAY or YMAG?
- Over the year to Sep 18, 2026, XPAY paid 19.9% 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, XPAY or YMAG?
- With every distribution reinvested, XPAY returned +15.7% and YMAG returned +9.7% over the year to Sep 18, 2026, so XPAY returned more.
- Which is cheaper, XPAY or YMAG?
- XPAY charges 0.49% a year and YMAG charges 1.34%, so XPAY 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, XPAY against YMAG, data as of Sep 18, 2026. https://etfiq.com/compare/income/xpay-vs-ymag Free to use with attribution; the underlying files are at Open data.