ETF Evaluator:
YieldMax Magnificent 7 Fd Of Opt IncETFs ()
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(as of Aug 26)
Best Performing in Large Blend Over the Last Year
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| 31.8% | Astoria US Equal Weight Quality KingsETF (ROE) |
| 30.5% | FIS Bright Portfolios Focused Equity ETF (BRIF) |
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ETF Details
YieldMax Magnificent 7 Fd Of Opt IncETFs Overview
YieldMax Magnificent 7 Fd Of Opt IncETFs (YMAG) is an actively managed U.S. Equity Large Blend exchange-traded fund (ETF). YieldMax ETFs launched the ETF in 2024.
The investment seeks current income.
The fund is a “fund of funds,” meaning that it primarily invests its assets in the shares of other ETFs, rather than in securities of individual companies. Under normal circumstances, the fund will be nearly fully invested in the seven Underlying YieldMax™ ETFs; provided that for tax purposes, instead of investing in a particular Underlying YieldMax™ ETF, the fund may invest directly in substantially the same instruments held by that same Underlying YieldMax™ ETF. The fund is non-diversified.
About YieldMax Magnificent 7 Fd Of Opt IncETFs (YMAG)
There are 3 members of the management team with an average tenure of 1.11 years: Andrew Hicks (2026), Qiao Duan (2024) and Kimberly Chan (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) index with a weighting of 100%. YieldMax Magnificent 7 Fd Of Opt IncETFs has 9 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
YieldMax Magnificent 7 Fd Of Opt IncETFs is part of the Equity global asset class and is within the U.S. Equity ETF group. YieldMax Magnificent 7 Fd Of Opt IncETFs has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is -7.8% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 34.4% (34.4% domestic bond, 0.0% foreign bond and 0.0% convertible bond). YieldMax Magnificent 7 Fd Of Opt IncETFs has 72.8% of the portfolio in cash.
Assets Under Management
The fund has $285 million in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
YMAG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The YieldMax Magnificent 7 Fd Of Opt IncETFs expense ratio is high compared to funds in the Large Blend category. YieldMax Magnificent 7 Fd Of Opt IncETFs has an expense ratio of 1.34%, which is 224% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. YieldMax Magnificent 7 Fd Of Opt IncETFs has a portfolio turnover rate of 32%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.
Recently, in the month of July 2026, YieldMax Magnificent 7 Fd Of Opt IncETFs returned 1.4%, which earned it a grade of A, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
YieldMax Magnificent 7 Fd Of Opt IncETFs has a trailing yield of 39.37%, which is above the 1.16% category average.
The fund normally distributes its income weekly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
YieldMax Magnificent 7 Fd Of Opt IncETFs Grades
Year to date, the ETF has returned -0.6%, 10.1 percentage points worse than the category, which translates into a grade of F. The fund has returned 11.3% over the past year (grade of F).
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YMAG Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| YMAG Return (NAV) | 1.4% | -1.8% | 11.3% | na | na | na |
| YMAG Return (Price) | 1.5% | -1.6% | 11.4% | na | na | na |
| NAV +/- Price Return | -0.085% | -0.243% | -0.090% | na | na | na |
| Large Blend Avg | -0.8% | 3.7% | 17.5% | 17.4% | 11.2% | 13.6% |
| YMAG Grade (NAV) | A | F | F | na | na | na |
| +/- Category (NAV) | 2.2% | -5.6% | -6.3% | na | na | na |
| YMAG Tax-Cost Ratio | na | na | 12.8% | na | na | na |
YMAG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| YMAG Return (NAV) | -0.6% | 18.8% | na | na | na | na | na | na | na | na | na |
| YMAG Return (Price) | -0.6% | 18.7% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.039% | -0.004% | na | na | na | na | na | na | na | na | na |
| Large Blend Avg | 9.5% | 15.3% | 21.9% | 22.9% | -17.1% | 26.9% | 18.3% | 29.6% | -5.1% | 21.5% | 11.4% |
| YMAG Grade (NAV) | F | A | na | na | na | na | na | na | na | na | na |
| +/- Category | -10.1% | 3.4% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 39.4% |
| Total Assets: | $ 286 Mil |
| Share Class Assets: | $ 286 Mil |
| Turnover: | 32.0% |
| Expense Ratio: | 1.34% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Weekly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 2.5 years | |||
| Average Tenure: 1.1 years | |||
| Managers (Year): Duan Qiao (2024), Chan Kimberly (2026), Hicks Andrew (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 9 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | -7.8% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 34.4% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.6% |
| Cash: | 72.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | YieldMax ETFs |
| Phone Number: | 866-864-3968 |
| Website: | |
| Inception Date: | January 29, 2024 |
Expenses and Fees
| Expense Ratio (%): | 1.34% (Rating: High) |
| Category Average Expense Ratio (%): | 0.41% |
