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Sunday, August 23, 2026The Morning Brief →Sign in
YMAGYieldMax Mag 7 Strategy ETFs

YieldMax Magnificent 7 Fund of Option Income ETFs

$11.17+0.36% today
10.7615.9852-WK
Price & daily flows
14.8613.3711.8811.17DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$9M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$4M of net buying over the past month, about 1.2% of the fund's asset base, while the price has returned -20.9% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$285Massets under management
expense ratio
+$4Mnet flow, trailing month
891Kavg daily volume, 30 days
8holdings · US-domiciled
2024listed September 4, 2024 · beta 1.17
The book at a glance
TSLY+2.7%FBY+0.9%APLY-0.7%GOOY+0.9%AMZY-0.5%MSFO+0.1%NVDY-1.0%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1TSLYYIELDMAX TSLA OPTION INCOME STRATEGY ETF14.43%$22.65+2.7%
2FBYYIELDMAX META OPTION INCOME STRATEGY ETF14.03%$8.10+0.9%
3APLYYIELDMAX AAPL OPTION INCOME STRATEGY ETF14.38%$11.42-0.7%
4GOOYYIELDMAX GOOGL OPTION INCOME STRATEGY ETF14.12%$12.23+0.9%
5AMZYYIELDMAX AMZN OPTION INCOME STRATEGY ETF14.32%$10.78-0.5%
6MSFOYIELDMAX MSFT OPTION INCOME STRATEGY ETF13.98%$12.11+0.1%
7NVDYYIELDMAX NVDA OPTION INCOME STRATEGY ETF13.85%$12.47-1.0%
8First American Government Obligations Fund 12/01/20311.08%
Country weights
United States98.44%
Other1.56%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-2.0%
1 month+2.0%
3 months-12.7%
6 months-13.4%
YTD-20.9%
1 year-27.0%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$2M
1 month+$4M
3 months+$10M
YTD−$55M
1 year−$9M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
SepNovDecJanFebMarAprMayJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
21%realized volatility, 30 days (annualized)
19%realized volatility, 1 year
-32.7%deepest fall from a peak, 1 year
-30.1%where it sits vs. that peak today

The top holding is 14.4% of the book; the top ten carry 100%. Spread across 8+ names, it behaves like roughly 7 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
6calls today
8puts today
1.33put/call ratio
1.2Mshares traded
Most-traded holdings, options premiumBullishBearish
NVDY YIELDMAX NVDA OPTION INCOME STRATEGY ETF$48,730$46,581
TSLY YIELDMAX TSLA OPTION INCOME STRATEGY ETF$23,396$15,444
GOOY YIELDMAX GOOGL OPTION INCOME STRATEGY ETF$1,645$2,815
AMZY YIELDMAX AMZN OPTION INCOME STRATEGY ETF$202$555
APLY YIELDMAX AAPL OPTION INCOME STRATEGY ETF$299$235

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against YMAG

Due diligence cuts both ways. These funds sit on the same shelf and beat YMAG on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
JEPQ JPMorgan Nasdaq Equity Premium Income ETF0.35%$41.9B+$1.1B147× the assets · +$1.1B in over the monthHead-to-head
HYG iShares iBoxx $ High Yield Corporate Bond ETF0.49%$17.9B+$1.4B63× the assets · +$1.4B in over the monthHead-to-head
HDV iShares Core High Dividend ETF0.08%$15.1B+$209M53× the assets · +$209M in over the monthHead-to-head
IDV iShares International Select Dividend ETF0.51%$8.6B+$97M30× the assets · +$97M in over the monthHead-to-head
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF0.59%$6.9B+$1B24× the assets · +$1B in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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