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YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG)

Large Blend | Exchange Traded Fund | NYSEArca
11.24 USD +0.07 (0.627%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 11.18 -0.06 (-0.060%) ⇩ (Aug. 28, 2026, 7:55 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 2:59 a.m. EDT

The 39% yield is a deceptive trap masking severe capital destruction. While the weekly payouts look generous on paper, the share price has plummeted nearly 20% year-to-date, meaning investors are buying back their own principal to fund these distributions. The recent price action shows no sign of stabilization, trading well below the 200-day average, which confirms a persistent downtrend. Options data screams caution, with heavy put writing suggesting smart money is betting against the asset. This is a classic 'value trap' where the high yield is simply the market pricing in the inevitable further decline of the underlying option strategies.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.020166
AutoARIMA0.020857
MSTL0.027595
AutoETS0.028138

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 56%
H-stat 0.99
Ljung-Box p 0.000
Jarque-Bera p 0.111
Excess Kurtosis -0.42

As of Aug. 22, 2026, 2:59 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 10.0 and 13.0) compared to negligible call volume. Implied volatility is significantly elevated for put options relative to calls, indicating a market consensus expecting further price erosion rather than recovery.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.75% 43.61%
Dividend History
Date Dividend Yield %
2026-08-26 0.083 0.748422
2026-08-19 0.106 0.948970
2026-08-12 0.112 0.992028
2026-08-05 0.096 0.838428
2026-07-29 0.090 0.836431
2026-07-22 0.092 0.801394
2026-07-15 0.077 0.645973
2026-07-08 0.076 0.657439
2026-07-01 0.073 0.629310
2026-06-24 0.081 0.718722
2026-06-17 0.082 0.703863
2026-06-10 0.101 0.866953
2026-06-03 0.112 0.900322
2026-05-27 0.113 0.881435
2026-05-20 0.153 1.194379
2026-05-13 0.150 1.145913
2026-05-06 0.180 1.393189
2026-04-29 0.120 0.933126
2026-04-22 0.099 0.765070
2026-04-15 0.083 0.646417
2026-04-08 0.081 0.671085
2026-04-01 0.087 0.726817
2026-03-25 0.086 0.707819
2026-03-18 0.087 0.699920
2026-03-11 0.094 0.734375
2026-03-04 0.099 0.769829
2026-02-25 0.090 0.687548
2026-02-18 0.108 0.837209
2026-02-11 0.115 0.870553
2026-02-04 0.083 0.615727
2026-01-28 0.075 0.533808
2026-01-21 0.086 0.632818
2026-01-14 0.063 0.453237
2026-01-07 0.050 0.354359
2025-12-31 0.099 0.695713
2025-12-24 0.093 0.640496
2025-12-17 0.132 0.936170
2025-12-10 0.128 0.880936
2025-12-03 0.097 0.664384
2025-11-26 0.123 0.845361
2025-11-19 0.094 0.657343
2025-11-12 0.174 1.170929
2025-11-05 0.132 0.868421
2025-10-29 0.135 0.862620
2025-10-22 0.217 1.442819
2025-10-15 0.201 1.331126
2025-10-09 0.209 1.344916
2025-10-02 0.099 0.632992
2025-09-25 0.152 0.978751
2025-09-18 0.140 0.889454
2025-09-11 0.143 0.926766
2025-09-04 0.083 0.537565
2025-08-28 0.118 0.764249
2025-08-21 0.149 0.993996
2025-08-14 0.162 1.034483
2025-08-07 0.080 0.516462
2025-07-31 0.075 0.485751
2025-07-24 0.203 1.329404
2025-07-17 0.152 0.994114
2025-07-10 0.126 0.826230
2025-07-03 0.055 0.359008
2025-06-26 0.157 1.032895
2025-06-20 0.169 1.130435
2025-06-12 0.171 1.125000
2025-06-05 0.209 1.403627
2025-05-29 0.293 1.900130
2025-05-22 0.260 1.687216
2025-05-15 0.200 1.266624
2025-05-08 0.106 0.708556
2025-05-01 0.101 0.677852
2025-04-24 0.092 0.638003
2025-04-17 0.094 0.681159
2025-04-10 0.097 0.682138
2025-04-03 0.097 0.675958
2025-03-27 0.084 0.544747
2025-03-20 0.085 0.556647
2025-03-13 0.145 0.955204
2025-03-06 0.151 0.949686
2025-02-27 0.176 1.067961
2025-02-20 0.137 0.756906
2025-02-13 0.051 0.280374
2025-02-06 0.186 1.016949
2025-01-30 0.190 1.024259
2025-01-23 0.100 0.527983
2025-01-16 0.050 0.268962
2025-01-08 0.158 0.838641
2025-01-03 0.310 1.614583
2024-12-27 0.174 0.882353
2024-12-19 0.059 0.301020
2024-12-12 0.168 0.835821
2024-12-05 0.277 1.403242
2024-11-29 0.203 1.048012
2024-11-21 0.061 0.315572
2024-11-14 0.210 1.074718
2024-11-07 0.207 1.054508
2024-10-31 0.153 0.823023
2024-10-24 0.055 0.289169
2024-10-17 0.226 1.210498
2024-10-10 0.282 1.489699
2024-10-03 0.164 0.864523
2024-09-26 0.170 0.877193
2024-09-19 0.198 1.025907
2024-08-15 0.576 3.052464
2024-07-17 0.637 3.177057
2024-06-14 0.677 3.304051
2024-05-15 0.637 3.197791
2024-04-17 0.623 3.201439
2024-03-14 0.592 2.968907
2024-02-15 0.431 2.145346
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 39.37

Info Dump

Attribute Value
All Time High 21.907
All Time Low 10.73
Ask 11.23
Ask Size 1,000
Average Daily Volume10 Day 1,115,290
Average Daily Volume3 Month 1,164,906
Average Volume 1,164,906
Average Volume10Days 1,115,290
Beta3 Year 0.0
Bid 11.17
Bid Size 7,000
Category Large Blend
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 11.345
Day Low 11.195
Dividend Yield 39.37
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.3976
Fifty Day Average Change -0.1576004
Fifty Day Average Change Percent -0.013827507
Fifty Two Week Change Percent -26.026487
Fifty Two Week High 16.01
Fifty Two Week High Change -4.7700005
Fifty Two Week High Change Percent -0.29793882
Fifty Two Week Low 10.73
Fifty Two Week Low Change 0.5100002
Fifty Two Week Low Change Percent 0.047530312
Fifty Two Week Range 10.73 - 16.01
First Trade Date Milliseconds 1,706,625,000,000
Full Exchange Name NYSEArca
Fullday Change 0.0699997
Fullday Change Percent 0.626676
Fullday Price 11.18
Fund Family YieldMax ETFs
Fund Inception Date 1,706,486,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name YieldMax Magnificent 7 Fund of Option Income ETFs
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1864182166
Nav Price 11.075
Net Assets 285,670,976.0
Net Expense Ratio 1.34
Open 11.2
Post Market Change -0.059999466
Post Market Change Percent -0.5338031
Post Market Price 11.18
Post Market Time 1,787,961,326
Previous Close 11.17
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0699997
Regular Market Change Percent 0.626676
Regular Market Day High 11.345
Regular Market Day Low 11.195
Regular Market Day Range 11.195 - 11.345
Regular Market Open 11.2
Regular Market Previous Close 11.17
Regular Market Price 11.24
Regular Market Time 1,787,947,200
Regular Market Volume 1,200,015
Short Name YieldMax Magnificent 7 Fund of
Source Interval 15
Symbol YMAG
Total Assets 285,670,976
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -1.82825
Trailing Three Month Returns -1.82825
Triggerable 1
Two Hundred Day Average 12.82315
Two Hundred Day Average Change -1.5831499
Two Hundred Day Average Change Percent -0.1234603
Type Disp ETF
Volume 1,200,015
Yield 0.3937
Ytd Return -0.61205