YieldMax Magnificent 7 Fund of Option Income ETFs

YMAG

Market cap $437M

Roundhill Magnificent Seven Covered Call ETF (MAGY) and YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) both target high income from the 'Mag 7' tech stocks. Both funds offer massive weekly yields, but investors should expect potential NAV/share price erosion over time due to aggressive distribution policies. In general, valuations for the underlying tech giants are stretched, so some caution is warranted, but income-focused investors may still find some appeal for the long term.

YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) offers exposure to all Magnificent Seven stocks via a fund-of-funds structure. YMAG employs a synthetic covered call and credit call spread strategy to generate enhanced income, rather than relying on traditional dividends. The ETF pays distributions weekly, with a highly variable yield that annualizes to approximately 34%, though this figure can fluctuate significantly.

Most dividend exchange-traded funds pay out every quarter.

YieldMax Magnificent 7 Fund of Option Income ETFs offers high weekly income via synthetic option writing, with a current yield over 45%. YMAG's synthetic structure leads to higher volatility and NAV decline, while Roundhill's MAGY provides more price stability and consistent payouts through direct equity exposure. YMAG outperformed MAGY in recent total returns, but its strategy limits upside participation and risks greater NAV erosion over time.

CHICAGO and MILWAUKEE and NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced distributions for the YieldMax® Group 1 weekly pay ETFs listed in the table below. Group 1 Distribution Announcement Ex.

NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced a significant enhancement to its distribution framework, moving all single stock option income ETFs to a weekly distribution schedule. This shift reflects investor demand for more frequent income opportunities and represents the natural evolution of the YieldMax® product line.

YieldMax Magnificent 7 Fund of Option Income ETFs has achieved a rare balance of steady NAV and distributions over the past six months. Unlike YMAX, YMAG's distributions have not trended lower, supported by recent strategy changes and strong performance in the underlying Mag 7 stocks. The fund's high, variable yield is driven by covered call premiums, volatility, and payout timing from underlying ETFs, but sustainability is uncertain.

YieldMax Magnificent 7 Fund remains a Hold, with strong income focus but limited capital appreciation due to its passive covered call strategy. YMAG lags MAGS in total return growth, while YMAX is preferred for long-term, market-agnostic investors due to better tracking of QQQ. Roundhill Magnificent Seven Covered Call ETF underperforms YMAG despite a more direct structure and lower yield, warranting a Hold and watch status.

I focus on high-yield, income-generating ETFs and CEFs for retirement, accepting higher risk for greater passive income and compounding. YieldMax Magnificent 7 Fund of Option Income ETFs and YieldMax Universe Fund of Option Income ETFs are high-risk, high-reward ETFs offering weekly distributions and total returns exceeding 25% over the past year. YMAG is more concentrated in Magnificent 7 stocks, while YMAX offers broader diversification, including alternative assets and more holdings.

Can an investor take a six-figure account and transform it into a weekly paycheck generator?