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 $21.9, while YieldMax Magnificent 7 Fund of Option Income ETFs trades at $11.41. Which is the better fit depends on your goals.
| TSLY | YMAG | |
|---|---|---|
Sector | Income / Options Overlay | Income / Options Overlay |
52-Week High | $48.25 | $15.98 |
52-Week Low | $20.49 | $10.76 |
Trailing returns across standard periods
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 →