Data as of .
XSPI vs YMAG: which paid, and which earned it?
XSPI and YMAG both write options for income.
What they hold in common
By the books each fund has filed, XSPI and YMAG hold 0% of their money in the same securities at the same weight.
| Only in XSPI | Only in YMAG |
|---|---|
| NVIDIA Corp 8.50% | YieldMax NVDA Option Income Strategy ETF 14.58% |
| Apple Inc 7.83% | YieldMax AAPL Option Income Strategy ETF 14.24% |
| Microsoft Corp 5.80% | YieldMax Tsla Option Income ETF 14.21% |
| Amazon.com Inc 3.94% | YieldMax Amzn Option Income ETF 14.11% |
| Alphabet Inc 3.24% | YieldMax GOOGL Option Income Strategy ETF 14.11% |
| Broadcom Inc 2.65% | YieldMax Meta Option Income Strategy ETF 13.99% |
| Alphabet Inc 2.57% | YieldMax MSFT Option Income Strategy ETF 13.90% |
| Meta Platforms Inc 2.25% | 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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| XSPI | YMAG | XSPI | YMAG | XSPI | YMAG | |
| 3 months | +3.7% | +6.1% | 4.2% | 9.4% | +1.4 pts | −1.6 pts |
| 6 months | +20.0% | +15.4% | 9.2% | 21.1% | +1.9 pts | −5.3 pts |
| 1 year | not published | +9.7% | not published | 35.5% | not published | −1.5 pts |
| Since launch | +11.6% | +70.7% | 11.1% | 89.1% | +0.2 pts | −34.1 pts |
| XSPI NEOS Boosted S&P 500(R) High Income 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 | NEOS | YieldMax |
| Strategy | option income | synthetic covered call |
| Benchmark | S&P 500 (SPY) | Magnificent Seven (MAGS) |
| Pays | monthly | weekly |
| Payout rate, annualized | 17.1% | 30.9% |
| Expense ratio | 0.98% | 1.34% |
| Cash paid, 1 year | 11.1% (since launch on Feb 3, 2026) | 35.5% |
| Price change, 1 year | −0.3% | −28.1% |
| Total return, 1 year | +11.6% (since launch on Feb 3, 2026) | +9.7% |
| Benchmark return, 1 year | +11.3% | +11.2% |
| Ahead or behind | +0.2 pts | −1.5 pts |
| Return of capital, latest estimate | 99% | 80% |
| Age | 227 days | 962 days |
| Net assets | $113m | $297m |
XSPI in plain words
Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XSPI paid 11.1% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +11.6%. S&P 500 (SPY) returned +11.3% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 17.1%, paid monthly. NEOS estimates that 99% of the distribution paid Jul 10, 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 is cheaper, XSPI or YMAG?
- XSPI charges 0.98% a year and YMAG charges 1.34%, so XSPI 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, XSPI against YMAG, data as of Sep 18, 2026. https://etfiq.com/compare/income/xspi-vs-ymag Free to use with attribution; the underlying files are at Open data.