IVV vs YMAG
IVV vs YMAG
iShares Core S&P 500 ETF vs YieldMax Magnificent 7 Fund of Option Income ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | YMAG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.34% | |
| AUM | $865.2B | $278M | |
| Dividend Yield | 1.09% | 58.52% | |
| Holdings | 508 | 9 | |
| YTD Return | +13.80% | +5.27% | |
| 1Y Return | +23.70% | +16.05% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 17.9% | |
| Max Drawdown | -56.5% | -26.0% | |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jan 29, 2024 |
IVV vs YMAG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) is a ETF from YieldMax ETF. Over the past year IVV returned +23.70% while YMAG returned +16.05%. Year to date, IVV is up 13.80% versus a gain of 5.27% for YMAG.
Risk: Volatility and Drawdowns
YMAG has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -26.0% for YMAG. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while YMAG charges 1.34%. On a $10,000 position that is $3 vs $134 annually, a gap of $131 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 58.52% for YMAG.
Holdings Overlap
IVV and YMAG share 0 holdings out of 513 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or YMAG?
IVV has an expense ratio of 0.03% while YMAG charges 1.34%. IVV is the cheaper option. On a $10,000 investment, that is $131 per year of difference.
Which performed better, IVV or YMAG?
Over the past year IVV returned +23.70% vs +16.05% for YMAG, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.05% vs +23.04% for YMAG. Past performance does not guarantee future results.
Which is riskier, IVV or YMAG?
YMAG has been the more volatile fund at 17.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs YMAG -26.0%.
Should I hold both IVV and YMAG?
IVV and YMAG have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and YMAG?
IVV and YMAG share 0 common holdings with a 0.0% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, IVV or YMAG?
IVV yields 1.09% while YMAG yields 58.52%, so YMAG currently pays the higher dividend yield.
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