NYSEARCA:YMAG

YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) Price, Holdings, & News

$20.25
-0.03 (-0.15%)
(As of 05/9/2024 ET)
Today's Range
$20.18
$20.31
50-Day Range
$18.78
$20.98
52-Week Range
$18.56
$21.00
Volume
95,491 shs
Average Volume
104,830 shs
Market Capitalization
$40.10 million
Assets Under Management
$49.15 million
Dividend Yield
8.54%
Net Expense Ratio
1.28%

About YieldMax Magnificent 7 Fund of Option Income ETF

The YieldMax Magnificent 7 Fund of Option Income ETFs (YMAG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is a fund-of-funds that invests in seven mega-cap ETFs considered to be driving the market through technology. The underlying ETFs seek to provide current income and capped gains of these stocks through a synthetic covered call strategy. YMAG was launched on Jan 29, 2024 and is issued by YieldMax.

YMAG Stock Price History

YMAG ETF News Headlines

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Fund Details

Issuer
Elevate Shares
Fund Name
YieldMax Magnificent 7 Fund of Option Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:YMAG
Inception Date
1/29/2024
Fund Manager
Mick Brokaw, Jay Pestrichelli, Qiao Duan, Charles Ragauss, Michael Venuto
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Theme
Development Level
Developed Markets
Region
North America
Number of Holdings
8

Fund Statistics

Assets Under Management
$49.15 million
Average Daily Volume
$0.00
Discount/Premium
0.01%

Administrator, Advisor and Custodian

Administrator
Tidal ETF Services LLC
Advisor
Tidal Investments LLC
Custodian
U.S. Bank, N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
U.S. Bancorp Fund Services, LLC
Trustee
N/A
Lead Market Maker
Old Mission

Options

Optionable
Optionable
Options Volume
11
Put Options
6
Call Options
5

Miscellaneous

Beta
1.39
Creation Fee
$300.00
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YieldMax Magnificent 7 Fund of Option Income ETF Expenses

TypeYMAGTheme ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.29%0.57%0.54%0.51%0.51%
Other Expenses0.99%0.72%0.54%0.64%0.58%
Total Expense1.28%0.72%0.70%0.74%0.70%
Fee Waiver0.00%-0.76%-0.55%-0.68%-0.57%
Net Expense1.28%0.59%0.60%0.58%0.58%

YieldMax Magnificent 7 Fund of Option Income ETF (YMAG)


YMAG ETF - Frequently Asked Questions

How have YMAG shares performed in 2024?

YieldMax Magnificent 7 Fund of Option Income ETF's stock was trading at $19.89 at the beginning of the year. Since then, YMAG stock has increased by 1.8% and is now trading at $20.25.
View the best growth stocks for 2024 here
.

What does YMAG invest in?

YieldMax Magnificent 7 Fund of Option Income ETF is a equity fund issued by Elevate Shares. YMAG focuses on theme investments. The fund's investments total to approximately $49.15 million assets under management.

What is the management fee for YieldMax Magnificent 7 Fund of Option Income ETF?

YieldMax Magnificent 7 Fund of Option Income ETF's management fee is 0.29% and has other expenses of 0.99%. The net expense ratio for YMAG is 1.28%.

How do I buy shares of YieldMax Magnificent 7 Fund of Option Income ETF?

Shares of YMAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:YMAG) was last updated on 5/10/2024 by MarketBeat.com Staff

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