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YMAG YieldMax(R) Magnificent 7 Fund of Option Income ETFs

Synthetic covered call on MAGS, paying weekly

Over the year to Sep 18, 2026, YMAG paid 35.5% in cash and still finished 1.5 points behind MAGS.

YieldMax · Income ETFs · data as of

Key facts

35.5%Cash paid, 1 year, on its starting price
+9.7%Total return, 1 year
−1.5 ptsAgainst MAGS
80.2%Return of capital, latest payout (YieldMax estimate)

Method

ETFIQ Return Stability Score

33.8137th of 173

YMAG paid 35.5% in cash. Its price fell 28.1%, so 79% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −35.8 ptsMDST −28.6 ptsEIPI −26.8 ptsBLOX −26.6 ptsYQQQ −25.3 ptsULTY −24.3 ptsSLTY −22.7 ptsGDXY −21.4 ptsTDVI −20.9 ptsTOPW −19.8 ptsHIGH −18.8 ptsACKY −17.9 ptsYMAX −16.8 ptsHISF −16.4 ptsNDIV −16.4 ptsSDVD −16.4 ptsWEEI −15.8 ptsOARK −15.2 ptsFDND −14.1 ptsSCLZ −14.0 ptsLFGY −13.6 ptsXLRI −13.6 ptsTCAL −13.5 ptsQRMI −13.3 ptsSLJY −13.2 ptsYYY −13.2 ptsYFYA −13.1 ptsHIPS −12.8 ptsJULH −12.1 ptsRNTY −12.0 ptsXLKI −12.0 ptsXBTY −11.8 ptsQUSA −11.7 ptsJULJ −11.5 ptsLJUL −11.5 ptsJANJ −11.4 ptsLJAN −11.4 ptsFGSI −11.3 ptsLOCT −11.2 ptsQLDY −11.2 ptsOCTJ −11.1 ptsCVRD −11.0 ptsIWMY −10.9 ptsJUCY −10.9 ptsAPRJ −10.5 ptsLAPR −10.5 ptsXISE −10.5 ptsXIJN −10.3 ptsAPRH −10.1 ptsJANH −10.1 ptsXIDE −10.1 ptsXLEI −10.0 ptsOCTH −9.9 ptsJEPI −9.5 ptsAIPI −9.4 ptsMAGY −9.4 ptsBAGY −9.2 ptsXIMR −9.1 ptsSRHR −8.8 ptsBUYW −8.1 ptsRDVI −8.0 ptsIAUI −7.7 ptsOVLH −7.5 ptsVEGA −7.2 ptsXV −7.1 ptsYBTC −7.1 ptsFTHI −6.9 ptsBITY −6.7 ptsXLVI −6.7 ptsXRMI −6.3 ptsIGLD −6.2 ptsFEPI −6.1 ptsYLDE −6.0 ptsGPTY −5.7 ptsKHPI −5.5 ptsQQQI −5.3 ptsSPIN −5.2 ptsTYLG −5.2 ptsSPUT −5.1 ptsETCO −4.8 ptsWTPI −4.6 ptsCAIE −4.1 ptsIQQQ −4.1 ptsPAPI −3.8 ptsBIGY −3.6 ptsJEPQ −3.2 ptsXLBI −3.2 ptsISPY −3.1 ptsIWMW −3.0 ptsWEEL −2.3 ptsGIAX −2.1 ptsDIVO −2.0 ptsKNG −1.6 ptsQDTY −1.6 ptsDFII −1.5 ptsRDTY −1.5 ptsTSPY −1.5 ptsBTCC −1.4 ptsNBOS −1.4 ptsNIHI −1.4 ptsEGGY −1.2 ptsSPYI −1.2 ptsRYLD −1.1 ptsRYLG −1.0 ptsXDTE −1.0 ptsXPAY −0.9 ptsSDTY −0.8 ptsWDTE −0.8 ptsJOYT −0.7 ptsQDTE −0.7 ptsKGLD −0.6 ptsQQQY −0.6 ptsRDTE −0.6 ptsTHTA −0.6 ptsXLII −0.6 ptsFTKI −0.5 ptsGPIQ −0.4 ptsFTQI −0.3 ptsSIXH −0.3 ptsDJIA +0.2 ptsLTTI +0.2 ptsDYLG +0.3 ptsGPIX +0.4 ptsXLFI +0.4 ptsQYLG +0.5 ptsHYBI +0.6 ptsHYTI +0.6 ptsIVVW +0.6 ptsLQTI +0.6 ptsXYLG +0.7 ptsTDAQ +1.0 ptsIWMI +1.1 ptsQYLD +1.2 ptsCSHI +1.3 ptsTLTX +1.3 ptsXYLD +1.4 ptsHYGW +1.5 ptsHYBL +1.6 ptsBNDI +1.7 ptsOVS +1.7 ptsPBP +1.9 ptsTLTI +1.9 ptsXLUI +1.9 ptsBALI +2.0 ptsBTCI +2.0 ptsCHPY +2.3 ptsOVB +2.3 ptsOVT +2.3 ptsYBIT +2.3 ptsITWO +2.4 ptsOVL +2.6 ptsYETH +2.8 ptsOVM +2.9 ptsTLTP +3.0 ptsSOXY +3.5 ptsDUBS +3.7 ptsLQDW +3.8 ptsXLYI +4.1 ptsTLTW +4.2 ptsOVF +4.5 ptsDOGG +4.6 ptsOMAH +4.9 ptsIDVO +5.2 ptsSEPI +5.2 ptsBCCC +5.9 ptsCEPI +6.0 ptsIDUB +7.2 ptsXLCI +7.9 ptsBUCK +9.6 ptsUSOY +11.6 ptsXLSI +12.5 ptsKLIP +22.5 ptsYMAG −1.5 ptsYMAG −1.5 pts−35.8 pts+22.5 pts

55.8% of the 173 sit at or below YMAG on this measure.

What happened to the principal
ETCO −75.5%XBTY −74.1%YETH −66.4%YBTC −60.1%BTCC −59.1%YBIT −58.9%BAGY −57.9%ULTY −54.1%BITY −51.5%SLTY −51.5%BCCC −48.5%BTCI −47.0%LFGY −44.7%DFII −43.7%BLOX −40.9%YMAX −40.7%TOPW −37.7%OARK −34.0%GDXY −33.1%KLIP −32.5%YQQQ −25.7%MAGY −25.3%IWMY −24.9%CEPI −22.5%RDTY −21.8%RDTE −21.4%QLDY −20.3%QDTE −19.2%TLTX −18.5%EGGY −16.2%XLYI −15.5%ACKY −15.1%WDTE −14.8%QDTY −14.0%AIPI −13.8%TLTP −13.4%XDTE −13.4%QQQY −13.2%LTTI −12.6%XLUI −11.3%QUSA −11.0%SDTY −10.8%GIAX −10.5%FEPI −10.0%TLTW −9.9%LQTI −9.7%XLRI −9.4%TLTI −9.1%LQDW −8.8%XLCI −8.8%XV −8.8%YYY −8.8%TCAL −8.6%HIGH −8.3%FDND −8.2%GPTY −8.1%IGLD −7.9%RNTY −7.3%HIPS −7.0%HYTI −6.8%XLSI −6.5%OMAH −6.3%XLBI −6.3%IWMW −6.2%XLFI −6.2%HYGW −6.0%XPAY −5.8%HYBI −5.5%OVB −5.0%BNDI −4.9%USOY −4.8%HISF −4.7%OVT −4.3%QRMI −3.8%OVM −3.6%FGSI −3.2%HYBL −2.8%CAIE −2.5%JUCY −2.5%XRMI −2.4%BUCK −2.2%CVRD −2.2%MLPD −2.1%IAUI −2.0%IVVW −2.0%YFYA −1.7%JEPI −1.2%XLII −1.2%XIJN −0.9%WTPI −0.8%JULJ −0.6%XISE −0.6%CSHI −0.4%JULH −0.4%KNG −0.4%BIGY −0.3%LJUL −0.3%QQQI −0.1%TSPY −0.1%JANH 0.0%JANJ 0.0%LAPR 0.0%OCTH 0.0%XIDE 0.0%APRJ +0.1%LJAN +0.1%LOCT +0.1%OCTJ +0.1%APRH +0.3%FTHI +0.3%XIMR +0.5%WEEL +0.7%SRHR +1.0%SDVD +1.2%SPYI +1.2%IWMI +1.3%KHPI +1.5%BUYW +2.1%DJIA +2.4%QYLG +2.4%XYLG +2.6%YLDE +2.6%NIHI +2.8%RYLD +2.9%KGLD +3.4%TDAQ +3.4%DYLG +3.5%FTKI +3.8%XLVI +4.0%SCLZ +4.1%THTA +4.1%RYLG +4.2%PAPI +4.5%XLKI +4.6%PBP +5.5%JEPQ +5.7%SPIN +5.8%XYLD +5.9%NBOS +6.0%SPUT +6.0%DIVO +7.3%GPIX +7.4%ISPY +7.6%DOGG +8.0%FTQI +8.0%MDST +8.2%TDVI +8.2%OVF +8.3%OVS +8.5%OVLH +8.8%VEGA +8.9%QYLD +9.1%BALI +9.2%GPIQ +9.3%OVL +9.4%RDVI +9.6%ITWO +10.5%IQQQ +10.8%SLJY +12.3%EIPI +12.8%XLEI +12.8%SEPI +13.4%SIXH +14.1%IDVO +14.4%JOYT +15.2%WEEI +17.3%IDUB +17.4%DUBS +17.6%NDIV +20.4%CHPY +20.6%TYLG +20.6%SOXY +64.1%YMAG −28.1%YMAG −28.1%−75.5%+64.1%

11.8% of the 173 sit at or below YMAG on this measure.

Weighted evenly, those two positions are what the score combines, across the 173 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark−1.5 pts55.850%
what happened to the principal−28.1%11.850%

All income ETFs ranked by this score · How it is computed

64th of 369 income ETFs by net assets

What a holder got

YMAG against MAGSYMAG returned +9.7% with distributions reinvested against +11.2% for Magnificent Seven (MAGS), a gap of −1.5 pts. Of that, 35.5% arrived as cash rather than price.+9.7%YMAG total return+11.2%Magnificent Seven (MAGS)35.5% of it arrived as cash

Over the year to Sep 18, 2026, YMAG returned +9.7% with distributions reinvested and Magnificent Seven (MAGS) returned +11.2%, so a holder came out behind it by 1.5 points. The lighter segment is the 35.5% that arrived as cash rather than as price.

Method

Period by period

YMAG over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnMAGSAhead or behind
3 months9.4%−3.8%+6.1%+7.7%−1.6 pts
6 months21.1%−6.7%+15.4%+20.7%−5.3 pts
1 year35.5%−28.1%+9.7%+11.2%−1.5 pts
Since launch89.1%−43.1%+70.7%+104.8%−34.1 pts

Method

When YMAG pays

YMAG pays weekly. The last distribution was $0.0672 a share, which went ex on Sep 16, 2026, with payment about 1 day later. The issuer has set the next ex-date at Sep 23, 2026, payable Sep 24, 2026, but has not declared the amount.

Expected distributions for YMAG. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Sep 23, 2026Sep 24, 2026$0.0672Issuer date, amount not declared
Sep 30, 2026Oct 1, 2026$0.0672Issuer date, amount not declared
Oct 7, 2026Oct 8, 2026$0.0672Issuer date, amount not declared
Oct 14, 2026Oct 15, 2026$0.0672Issuer date, amount not declared
Oct 21, 2026Oct 22, 2026$0.0672Issuer date, amount not declared
Oct 28, 2026Oct 29, 2026$0.0672Issuer date, amount not declared
Every distribution ETFIQ holds for YMAG (13, most recent first)
Cash distributions per share for YMAG. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 16, 2026$0.0672
Sep 9, 2026$0.0741
Sep 2, 2026$0.0847
Aug 26, 2026$0.0827
Aug 19, 2026$0.1055
Aug 12, 2026$0.112
Aug 5, 2026$0.0955
Jul 29, 2026$0.0899
Jul 22, 2026$0.0915
Jul 15, 2026$0.0772
Jul 8, 2026$0.0764
Jul 1, 2026$0.0725
Jun 24, 2026$0.0807

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Jan 30, 2024, YMAG has returned +70.7% with distributions reinvested, against +104.8% for Magnificent Seven (MAGS), and has paid out 89.1% of its starting value in cash along the way. It pays weekly, and at its current price the latest distribution annualizes to 30.9%. YieldMax estimates that 80% of the distribution paid Sep 17, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

YMAG (YieldMax(R) Magnificent 7 Fund of Option Income ETFs), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategysynthetic covered call
BenchmarkMagnificent Seven (MAGS)
Paysweekly
Net assets (issuer page, as of Sep 18, 2026)$297m
Latest payout, annualized (ETFIQ)30.9%
Expense ratio (485BPOS XBRL, Feb 24, 2026)1.34%
Cash paid, last 12 months, over today’s price (ETFIQ)49.4%
LaunchedJan 30, 2024
Return of capital, latest distribution (YieldMax 19a-1 estimate)80.2%
Paysweekly
Typical gap between ex-dates7 days
Typical wait from ex-date to payment1 day
Last paid, per share$0.0672 ex Sep 16, 2026
Sum of the last 12 distributions$1.0292

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has YMAG paid over the last year?
Over the year to Sep 18, 2026, YMAG paid 35.5% of its starting price in cash distributions, while the price fell 28.1%.
Is YMAG ahead of MAGS?
Over the year to Sep 18, 2026, with every distribution reinvested, YMAG returned +9.7% against +11.2% for Magnificent Seven (MAGS), so a holder was behind it by 1.5 points.
How often does YMAG pay, and how much?
YMAG pays weekly. The latest distribution annualizes to 30.9% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
Is the YMAG distribution return of capital?
YieldMax estimates 80% of the distribution paid Sep 17, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does YMAG next pay a distribution?
YMAG pays weekly. The last distribution went ex on Sep 16, 2026 at $0.0672 a share. The issuer has set the next ex-date at Sep 23, 2026 but not the amount.
What does YMAG cost?
The prospectus expense ratio is 1.34% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Compare YMAG

Also against APRJ, BALI, BALQ, BIGY, CAIQ, CDPI, CVRD, DDDD, DIVO, DJIA, DOGG, DRKY, DUBS, DYLG, EGGY, FDND, FEPI, FGSI, FTHI, FTQI, GPIQ, GPIX, GRNI, HEMI, HJAN, IQQQ, ISPY, IVVW, JANH, JANJ, JANQ, JEPI, JEPQ, JOYT, JUDO, JULH, JULJ, KHPI, KIQQ, KNG, KYLD, LAPR, LJAN, LJUL, LOCT, MAGY, NLSI, OARK, OCTH, OCTJ, ODTE, OEI, OMAH, OVL, OVLH, PAPI, PBP, PCOV, QDTE, QDTY, QLDY, QQQI, QQQY, QRMI, QUSA, QVOL, QYLD, QYLG, RDVI, RECI, RNTY, ROCQ, ROCY, SCEP, SCLZ, SDTY, SDVD, SEPI, SIOO, SIXH, SPIN, SPUT, SPYI, TCAL, TDAQ, TPAY, TPRY, TSPY, ULTY, VOOY, WDTE, XDTE, XIDE, XIJN, XIMR, XISE, XPAY, XQQI, XRMI, XSHP, XSPI, XVSP, XYLD, XYLG, YLDE, YQQQ, YSPC, YYY.

Funds near this one

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YMAG payout bar, ETFIQ

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Where YMAG is written about

YMAG, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open YMAG live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, YMAG, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/ymag Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources