S&P500 ETF vs YieldMax Magnificent 7 Fund of Option Income ETFs — how do they compare? S&P500 ETF trades at $772.54, while YieldMax Magnificent 7 Fund of Option Income ETFs trades at $11.41. The key difference: S&P500 ETF is trading nearer its 52-week high, YieldMax Magnificent 7 Fund of Option Income ETFs nearer its low. Which is the better fit depends on your goals.
| SPY | YMAG | |
|---|---|---|
52-Week High | $773.22 | $15.98 |
52-Week Low | $631.99 | $10.76 |
Sector | — | Income / Options Overlay |
Trailing returns across standard periods
Latest headlines on both assets
The ETF is designed to track the performance of the securities and the stocks in the S&P 500 Index. To maintain the composition and weightings, the advisor adjusts the ETF from time to time to conform to periodic changes in the index target.
Read more on SPY →YMAG is an actively managed 'fund of funds' that provides equal-weighted exposure to the seven YieldMax ETFs tracking the 'Magnificent 7' tech giants (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla). It seeks to generate high current income by harvesting option premiums across these leaders, offering a streamlined way to access concentrated tech volatility in an income-producing format.
Read more on YMAG →