YieldMax TSLA Option Income Strategy ETF vs YieldMax Magnificent 7 Fund of Option Income ETFs — how do they compare? YieldMax TSLA Option Income Strategy ETF trades at $22.62 (market cap $697.51M), while YieldMax Magnificent 7 Fund of Option Income ETFs trades at $11.42 (market cap $296.92M). The key difference: YieldMax TSLA Option Income Strategy ETF is far larger — about 2.3× YieldMax Magnificent 7 Fund of Option Income ETFs's market cap, and YieldMax TSLA Option Income Strategy ETF is more actively traded (338,271 versus 1,023,545). Which is the better fit depends on your goals — on Pluang, investors hold YieldMax TSLA Option Income Strategy ETF for 43 Days and YieldMax Magnificent 7 Fund of Option Income ETFs for 62 Days on average.
| TSLY | YMAG | |
|---|---|---|
Market Cap | $697.51M | $296.92M |
Volume | 338,271 | 1,023,545 |
Sector | Income / Options Overlay | Income / Options Overlay |
52-Week High | $43.35 | $15.68 |
52-Week Low | $20.49 | $10.76 |
Typical Hold Time | 43 Days | 62 Days |
Signals from Pluang's Aura AI — not financial advice
TSLY trades at $22.60, down 0.44% with a bullish technical signal supported by moving averages. The ETF maintains consistent weekly dividend distributions averaging $0.21-0.23, though recent analysis highlights concerns about capital erosion despite high yields. Technical indicators show support at $22 and resistance at $23, with neutral oscillators suggesting limited momentum.
While TSLY offers attractive income generation through its option income strategy, the fund faces structural limitations in capturing Tesla's upside potential. Recent downgrades to Hold reflect diminished return prospects amid Tesla's volatility changes. The primary risk remains the trade-off between high distributions and long-term capital preservation.
YMAG trades at $11.49, down 0.69% with a bullish technical signal supported by moving averages. The ETF maintains consistent weekly dividend distributions, though key valuation ratios remain unavailable. Recent news highlights ongoing distribution announcements and trading activity, with the stock showing moderate volatility within a tight $11-12 range.
The outlook remains cautiously optimistic given the bullish technical setup and income generation through dividends. However, risks include NAV stability concerns during earnings periods and dependency on underlying option strategies. Investors should weigh the high distribution yield against potential capital volatility in market downturns.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
TSLY is an actively managed ETF that seeks to provide high monthly income by employing a synthetic covered call strategy on Tesla, Inc. (TSLA). It does not own Tesla stock directly; instead, it uses a combination of call and put options to simulate long exposure while simultaneously selling call options to collect premiums. It is designed for income-focused investors who are willing to trade TSLA's potential upside for immediate, aggressive yield.
Read more on TSLY →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 →