YMAG ETF — YieldMax Magnificent 7 Fund of Option Income ETFs

YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG)

YMAG is an ETF that tracks the Basket (Magnificent 7 Stocks). As of August 19, 2026, its distribution rate is 49.16%, its trailing-12-month yield is 53.02%, its expense ratio is 1.34%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Fund total return is 62.3% over the past 2.5 years, 1.2 points ahead of SPY at 61.1%.

At the current 49.16% distribution rate, a $10,000 investment would generate approximately $4,916 per year, or $409.67 per month on an equivalent basis. Actual weekly payments vary.

YMAG is a fund of funds that implements a covered call strategy across the "Magnificent 7" mega-cap technology stocks (Apple, Microsoft, Nvidia, Tesla, Amazon, Alphabet, and Meta), selling call options to generate income while maintaining equity exposure. The fund distributes income weekly with a 49.79% annualized distribution rate and carries a 1.34% expense ratio. This structure appeals primarily to income-focused investors seeking enhanced yield from large-cap tech holdings, though the covered call approach caps upside potential and involves options-related risks.

YMAG performance versus SPY

Data as of August 19, 2026.

Fund total return is 62.3% over the past 2.5 years, 1.2 points ahead of SPY at 61.1%. Its deepest 1-year drawdown was 14.4%.

YMAG key facts

Data as of August 19, 2026.

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

35.89%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

01/29/2024

Expense ratio

1.34%

Distribution rate

49.16%

Distribution frequency

Weekly

Trailing yield

53.02%

30-day SEC yield

63.97%

Last close

$11.16

AUM

$289,803,449

Average volume

705373.0

Last dividend

$0.1055

Ex-dividend date

08/19/2026

Payment date

08/20/2026

Beta

1.1624

How Dividend Vision calculates yield and returns

Distribution rate (49.16%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (53.02%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (63.97%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: YieldMax fund page; Index: Basket (Magnificent 7 Stocks); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

YMAG risks and drawbacks

The deepest 1-year drawdown on record here is 14.4%.

Compare YMAG

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Frequently asked questions

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