MUY vs YRAM: Fee, Payout Frequency, and No Track Record
Two YieldMax memory and storage option-income ETFs, both launched in 2026, compared on cost and cadence.
Updated September 30, 2026
No track record yet. MUY, YRAM launched within the last six months. Where a fund has not published a payout, the forward distribution rate is left blank.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
MUY has outpaced YRAM over the shared window since Sep 2026, posting a -0.06% total return against -0.57%. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 30, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Sep 2026” measures every fund from September 29, 2026 — the start of shared available history — so all funds share one comparison window.
Distribution rate, SEC yield and return of capital
Metric
MUY
YRAM
Forward distribution rate
—
40.54%
Trailing 12-month yield
—
3.05%
30-day SEC yield
—
0.71%
Return of capital
—
98.58%
Total return (price change plus reinvested distributions) is the Total returns section above. Return of capital is the share of a recent distribution that was not income. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
Total return against the stated underlying is on MUY vs MU.
Side-by-side snapshot
Side-by-side snapshot. Each row is one metric;
each column is one fund.
Seeks current income and exposure to Micron Technology (MU) through a
call spread strategy, with an intended weekly distribution schedule.
Seeks current income, and secondarily capital appreciation, by investing in
memory and storage companies and related ETFs and selling call spreads on
select holdings, with the goal of weekly distributions.
— Distribution rate, Safety-Adjusted Yield, last dividend, and ex-dividend date are not yet available because MUY launched September 2026; these fields will populate after the first distribution.
Bottom lineWe won't call this one: MUY launched September 2026 and YRAM launched August 2026, so there is not yet a track record to compare. Compare the strategy, cost and holdings in the sections above and treat any performance figures for the newer ETF as provisional.
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Capped upside and premium dependence. MUY and YRAM generate income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
YieldMax is known for specializing in options-based and income-focused ETFs that emphasize yield generation through covered call strategies and other income-producing methodologies. The firm operates a diverse lineup of 63 funds organized across multiple families including covered call strategies, 0DTE (zero days to expiration) options, double distribution approaches, and various target-date and performance-based portfolios designed to generate regular distributions. Notable offerings span popular underlying assets like major technology stocks and broad market indices, with a particular emphasis on providing enhanced income solutions for investors seeking regular cash flows through options strategies and other tactical approaches.
See our curated list of related YouTube videos on MUY and YRAM.
MUY (YieldMax MU Option Income Strategy ETF) and YRAM (YieldMax Memory and Storage Portfolio Option Income ETF) are both weekly-pay ETFs, but they take different approaches.
YRAM currently shows a 40.54% distribution yield. MUY has not yet established a full distribution history, so a comparable yield figure is not available.
They have different reference exposures: MUY is linked to Micron Technology while YRAM is linked to Basket (Memory and storage companies), which means their performance drivers differ.
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On a $10,000 investment, MUY has no reported distribution yield yet, so a cash estimate is not available, while YRAM would produce $77.96 cash per distribution, at current distribution rates. Both pay weekly distributions.
MUY yield—
YRAM yield40.54%
Cost & efficiency
Over 10 years on $10,000, MUY would cost approximately $1,010 in fees vs $1,010 for YRAM (simplified, not compounded). Both charge the same expense ratio.
MUY ER1.01%
YRAM ER1.01%
Strategy & risk
MUY tracks Micron Technology with a covered call approach, while YRAM tracks Basket (Memory and storage companies) with a covered call approach.
Fund details
MUY is managed by YieldMax (launched 09/29/2026). YRAM is managed by YieldMax (launched 08/24/2026) with $5.49M in assets.
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Frequently asked questions
Do MUY and YRAM have a track record yet?
MUY (YieldMax MU Option Income Strategy ETF) and YRAM (YieldMax Memory and Storage Portfolio Option Income ETF) both launched recently. Fees are 1.01% and 1.01%. Payout frequency is Weekly and Weekly. Forward distribution rates are — and 40.54% as of September 2026. Where a rate is blank, no payout has been published yet.
Which of MUY or YRAM pays more dividend income?
YRAM currently reports a distribution yield, while MUY has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.
What is the difference between MUY and YRAM?
MUY (YieldMax MU Option Income Strategy ETF) tracks Micron Technology with a covered call approach, while YRAM (YieldMax Memory and Storage Portfolio Option Income ETF) tracks Basket (Memory and storage companies) with a covered call approach. They are issued by YieldMax and YieldMax respectively.
Can I hold both MUY and YRAM?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, MUY or YRAM?
MUY and YRAM both charge the same expense ratio of 1.01%, so neither is cheaper on fees — pick based on yield, strategy, or underlying index instead.
How much income does $10,000 in MUY vs YRAM generate?
At current rates, MUY has not established a distribution history yet, so a cash estimate is not available. The same in YRAM would produce about $77.96 cash per distribution ($4,054.00 annually).
Which has performed better historically, MUY or YRAM?
MUY has outpaced YRAM over the shared window since Sep 2026, posting a -0.06% total return against -0.57%. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
Explore related screeners
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