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Covered-call / option-income ETF
YieldMax Magnificent 7 Fund of Option Income ETFs
YMAG is a fund of funds that holds seven YieldMax option-income ETFs tied to the Magnificent Seven companies and pays weekly. It is broader than a single-stock fund but still concentrated in mega-cap technology themes, with capped upside, acquired-fund costs, and variable payouts.
volatile payers swing payout to payout — the average smooths the starting point
pays weekly — 52 payouts/yr folded into the monthly model (×52⁄12)
Use 0% for IRA/Roth. Simplified: one flat rate, federal only.
Contributing $10,000 up front plus $250 a month for 1 years puts in $13,000 of your own money. Under these assumptions the position ends worth $17,736, averaging about $383 a month in gross distributions in its final year. That is a total gain of $4,736 (+36%) — about 41.0% a year, money-weighted, counting income and price together.
Every rate above is held constant for the whole projection — real markets never do that. This is a scenario, not a forecast.
| Year | Gross income | Contributed | Ending value |
|---|---|---|---|
| 1 | $4,597 | $13,000 | $17,736 |
| Ex-date | Pay date | Per share | Return of capital |
|---|---|---|---|
| 2026-07-15 | 2026-07-16 | $0.0772 | 77% |
| 2026-07-08 | 2026-07-09 | $0.0764 | 21% |
| 2026-07-01 | 2026-07-02 | $0.0725 | 66% |
| 2026-06-24 | 2026-06-25 | $0.0807 | 24% |
| 2026-06-17 | 2026-06-18 | $0.0821 | 26% |
| 2026-06-10 | 2026-06-11 | $0.1006 | 69% |
| 2026-06-03 | 2026-06-04 | $0.1119 | 65% |
| 2026-05-27 | 2026-05-28 | $0.1134 | 71% |
| 2026-05-20 | 2026-05-21 | $0.1525 | 44% |
| 2026-05-13 | 2026-05-14 | $0.1497 | 78% |
| 2026-05-06 | 2026-05-07 | $0.1801 | 76% |
| 2026-04-29 | 2026-04-30 | $0.1203 | 96% |
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The distribution rate annualizes recent payouts; the SEC 30-day yield measures net investment income under a standardized formula. For option-income funds the gap is normal — premiums and return of capital can fund distributions well above earned income. Neither number is a forecast of total return.
No. Its distributions depend on option premiums and market conditions, and funds like this have raised and cut payouts without notice. That's why this page's calculator includes a distribution-cut stress preset.
No — and it doesn't try. This is an educational scenario tool: it shows the arithmetic consequences of assumptions you choose. It makes no recommendations and no predictions.
Its primary holdings are the corresponding YieldMax option-income ETFs. That means investors receive a blend of those funds' synthetic exposure and option strategies rather than a plain basket of seven stocks.
It diversifies across seven underlying option-income funds, but all seven are tied to a narrow group of large growth companies. That is still meaningful thematic concentration.
Applies to both sides. 0% = tax-advantaged.
YieldMax Magnificent 7 Fund of Option Income ETFs
$0.3345/share · weekly, modeled monthly · latest payout
assumption — no issuer return history
assumption — variable option-income payout held flat
YieldMax Universe Fund of Option Income ETFs
$0.3146/share · weekly, modeled monthly · latest payout
assumption — no issuer return history
assumption — variable option-income payout held flat
Under these assumptions YMAX leads on both income and ending value. A clean sweep usually means the growth assumptions strongly favor one side — before reading anything into it, ask whether that side’s implied combined payout and price-growth assumptions over 10 years are realistic. Nudge the growth fields above and watch how fast the sweep disappears.
Both sides run the identical deposit schedule with DRIP on and taxes off (0% — set a rate above for taxable accounts). Growth defaults come from each fund’s own record where available (payout history; issuer-reported returns) — but history is not a forecast, and this is not a recommendation.
Educational scenario modeling only — not investment, tax, or financial advice. Results are hypothetical outcomes of your assumptions, not forecasts.