OARK vs YMAG
YieldMax Innovation Option Income Strategy ETF vs YieldMax Magnificent 7 Fund of Option Income ETF
Which is better, OARK or YMAG?
YMAG has been ahead.
OARK has a lower expense ratio. YMAG led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OARK | YMAG |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.34% |
| AUM | $31M | $298M |
| Dividend Yield | 56.20% | 52.90% |
| Holdings | 28 | 18 |
| YTD Return | +3.73% | +6.72%Best |
| 1Y Return | -5.69% | +7.86%Best |
| 3Y Return (annualized) | +18.29% | - |
| Volatility (annualized) | 27.2% | 17.6%Best |
| Max Drawdown | -35.5% | -26.0%Best |
| $10,000 over 2.7 years | $14,825 | $16,994Best |
| Fund Family | YieldMax ETF | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Nov 22, 2022 | Jan 29, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 30, 2024 to Oct 23, 2026 (2.7 years).
OARK vs YMAG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.
OARK vs YMAG Performance
YieldMax Innovation Option Income Strategy ETF (OARK) is an ETF from YieldMax ETF and YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) is an ETF from YieldMax ETF. Over the past year OARK returned -5.69% while YMAG returned +7.86%. Year to date, OARK is up 3.73% versus a gain of 6.72% for YMAG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OARK has been the more volatile fund, with annualized monthly volatility of 27.2% compared with 17.6% for YMAG. 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 -35.5% for OARK and -26.0% for YMAG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OARK charges 1.00% per year while YMAG charges 1.34%. On a $10,000 position that is $100 vs $134 annually, a gap of $34 per year that compounds over a long holding period. On income, OARK currently yields 56.20% against 52.90% for YMAG.
Holdings Overlap
We hold position weights for 2 holdings in OARK and 25 in YMAG, totalling 22.2% and 100.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in OARK and 25 in YMAG, against full books of 28 and 18.
You are not choosing between two funds in isolation.
Whichever of OARK and YMAG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OARK or YMAG?
OARK has an expense ratio of 1.00% while YMAG charges 1.34%. OARK is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, OARK or YMAG?
Over the past year OARK returned -5.69% vs +7.86% for YMAG, so YMAG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OARK or YMAG?
OARK has been the more volatile fund at 27.2% annualized versus 17.6% for YMAG. Worst drawdown: OARK -35.5% vs YMAG -26.0%.
Should I hold both OARK and YMAG?
OARK and YMAG have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, OARK or YMAG?
OARK yields 56.20% while YMAG yields 52.90%, so OARK currently pays the higher dividend yield.
Is YMAG better than OARK?
OARK has a lower expense ratio. YMAG led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.