{
 "ticker": "YMAG",
 "name": "YieldMax(R) Magnificent 7 Fund of Option Income ETFs",
 "issuer": "YieldMax",
 "desk": "income",
 "url": "https://etfiq.com/funds/ymag",
 "html": "https://etfiq.com/funds/ymag",
 "markdown": "https://etfiq.com/funds/ymag.md",
 "as_of": "2026-09-18",
 "verdict": "Over the year to Sep 18, 2026, YMAG paid 35.5% in cash and still finished 1.5 points behind MAGS.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "35.5%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YMAG, cash paid, 1 year, on its starting price: 35.5%, as of Sep 18, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+9.7%",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YMAG, total return, 1 year: +9.7%, as of Sep 18, 2026."
  },
  {
   "key": "against_mags",
   "label": "Against MAGS",
   "value": "\u22121.5 pts",
   "source": null,
   "as_of": "2026-09-18",
   "sentence": "YMAG, against MAGS: \u22121.5 pts, as of Sep 18, 2026."
  },
  {
   "key": "return_of_capital_latest_payout",
   "label": "Return of capital, latest payout (YieldMax estimate)",
   "value": "80.2%",
   "source": "YieldMax estimate",
   "as_of": "2026-09-18",
   "sentence": "YMAG, return of capital, latest payout (YieldMax estimate): 80.2%, as of Sep 18, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$297m",
   "source": "issuer page, as of Sep 18, 2026",
   "as_of": "2026-09-18",
   "sentence": "YMAG, net assets: $297m (issuer page, as of Sep 18, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.34%",
   "source": "485BPOS XBRL, Feb 24, 2026",
   "as_of": "2026-09-18",
   "sentence": "YMAG, expense ratio: 1.34% (485BPOS XBRL, Feb 24, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "synthetic covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Magnificent Seven (MAGS)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$297m",
   "source": "issuer page, as of Sep 18, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "30.9%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.34%",
   "source": "485BPOS XBRL, Feb 24, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "49.4%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 30, 2024",
   "source": null
  },
  {
   "key": "return_of_capital_latest_distribution",
   "label": "Return of capital, latest distribution",
   "value": "80.2%",
   "source": "YieldMax 19a-1 estimate"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "9.4%",
   "Price": "\u22123.8%",
   "Total return": "+6.1%",
   "MAGS": "+7.7%",
   "Ahead or behind": "\u22121.6 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "21.1%",
   "Price": "\u22126.7%",
   "Total return": "+15.4%",
   "MAGS": "+20.7%",
   "Ahead or behind": "\u22125.3 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "35.5%",
   "Price": "\u221228.1%",
   "Total return": "+9.7%",
   "MAGS": "+11.2%",
   "Ahead or behind": "\u22121.5 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "89.1%",
   "Price": "\u221243.1%",
   "Total return": "+70.7%",
   "MAGS": "+104.8%",
   "Ahead or behind": "\u221234.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has YMAG paid over the last year?",
   "a": "Over the year to Sep 18, 2026, YMAG paid 35.5% of its starting price in cash distributions, while the price fell 28.1%."
  },
  {
   "q": "Is YMAG ahead of MAGS?",
   "a": "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."
  },
  {
   "q": "How often does YMAG pay, and how much?",
   "a": "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."
  },
  {
   "q": "Is the YMAG distribution return of capital?",
   "a": "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."
  },
  {
   "q": "What does YMAG cost?",
   "a": "The prospectus expense ratio is 1.34% a year."
  }
 ],
 "generated": "2026-09-21",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}