What is MAGS?

MAGS was created on 2023-04-11 by Roundhill. The fund's investment portfolio concentrates primarily on theme equity. MAGS is an actively managed fund that offers highly concentrated exposure to the largest and most liquid leading technology stocks. The fund invests primarily through swaps and forwards.

What is YMAG?

YMAG was created on 2024-01-29 by YieldMax. The fund's investment portfolio concentrates primarily on theme equity. YMAG 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.

Key Details

MAGS
YMAG
Website
Inception Date

Apr 11, 2023

Jan 29, 2024

Asset Class

Equity

Equity

Investment Segment

Theme

Theme

AUM
$1.57B
$269.86M
Dividend Yield
1.04%
55.62%
Expense Ratio
0.29%
1.12%
Return 1Y
5.20%
-2.23%

Holdings

Roundhill Magnificent Seven ETF - MAGS is made up of 9 holdings. YieldMax Magnificent 7 Fund of Option Income ETFs - YMAG is made up of 8 holdings.

Name
Weight
7
7381396

NT United States Treasury Bills 0%

59.89%

5.94%

5.33%

5.1%

4.96%

4.86%

4.8%

1.72%

F
FGXXX

NT First American Government Obligs X

1.42%

Name
Weight
T
TSLY

NT YieldMax TSLA Option Income Strategy ETF

15.52%

M
MSFO

NT YieldMax MSFT Option Income Strategy ETF

14.63%

A
APLY

NT YieldMax AAPL Option Income Strategy ETF

14.44%

G
GOOY

NT YieldMax GOOGL Option Income Stgy ETF

14.17%

A
AMZY

NT YieldMax AMZN Option Income Strategy ETF

14.11%

F
FBY

NT Tidal Trust II - YieldMax META Option Income Strategy ETF

13.17%

N
NVDY

NT YieldMax NVDA Option Income Strategy ETF

12.7%

F
FGXXX

NT First American Government Obligs X

1.64%

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Stock Correlation

The stocks that are correlated to MAGS - Roundhill Magnificent Seven ETF are AMZN, MSFT, TSLA, GOOG, GOOGL

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
78.53%$1.81T-7.60%0.00%
76.14%$2.68T-15.44%0.89%
74.07%$770.13B+45.20%0.00%
73.09%$1.80T-4.03%0.55%
72.61%$1.77T-4.52%0.56%
72.36%$2.30T+7.16%0.05%
70.10%$1.28T-4.29%0.42%
68.17%$60.01B-32.55%0.00%
67.96%$140.97B-25.69%2.75%
66.90%$71.60B+0.68%1.06%
65.88%$75.85B-38.99%8.17%
65.35%$4.07B-53.10%1.53%
65.02%$76.61B-15.57%1.12%
64.89%$92.45B-29.73%0.00%
64.88%$4.63B-28.20%0.00%
64.85%$25.14B-16.09%0.00%
64.77%$96.58B-25.41%1.63%
64.74%$6.67B-10.94%0.00%
64.46%$63.88B-24.39%0.00%
64.12%$9.89B-52.91%0.63%

The stocks that are correlated to YMAG - YieldMax Magnificent 7 Fund of Option Income ETFs are AMZN, MSFT, META, GOOG, GOOGL

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
76.50%$1.81T-7.60%0.00%
75.30%$2.68T-15.44%0.89%
71.62%$1.28T-4.29%0.42%
71.47%$1.80T-4.03%0.55%
70.81%$1.77T-4.52%0.56%
70.70%$770.13B+45.20%0.00%
70.59%$2.30T+7.16%0.05%
68.76%$71.60B+0.68%1.06%
67.19%$96.58B-25.41%1.63%
66.94%$60.01B-32.55%0.00%
66.84%$140.97B-25.69%2.75%
65.68%$6.67B-10.94%0.00%
65.64%$4.07B-53.10%1.53%
65.06%$75.85B-38.99%8.17%
64.91%$25.14B-16.09%0.00%
64.72%$81.18B-13.48%0.00%
64.42%$30.56B+87.55%0.00%
64.30%$63.88B-24.39%0.00%
64.00%$16.65B-30.96%4.37%
63.87%$4.63B-28.20%0.00%

ETF Correlation

The ETFs that are correlated to MAGS - Roundhill Magnificent Seven ETF are YMAG, IWY, MGK, VUG, IWF

The ETFs that are correlated to YMAG - YieldMax Magnificent 7 Fund of Option Income ETFs are MAGS, VUG, IWF, IWY, MGK

Holding Overlap

MAGS - Roundhill Magnificent Seven ETF and YMAG - YieldMax Magnificent 7 Fund of Option Income ETFs have a 1 holding overlap. Which accounts for a 1.4% overlap.

Number of overlapping holdings

1

% of overlapping holdings

1.42%

Name
Weight in MAGS
Weight in YMAG
F
FGXXX

FIRST AMERN FDS

1.42%1.73%

News

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