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Showing posts with the label Covered Call Income

YMAG vs. MAGY: Two Magnificent Seven ETFs, One Clear Long-Term Winner

The seven mega-cap tech companies sometimes dubbed the “Magnificent Seven” (e.g., AAPL/Apple, MSFT/Microsoft, GOOGL/Alphabet, AMZN/Amazon, NVDA/Nvidia, META/Meta, TSLA/Tesla) have dominated headlines, returns and valuations in recent years. Given their influence, it’s no surprise fund issuers have rolled out ETFs to capture various angles of this theme — growth, leveraged, income/derivative overlays, etc. In this post I compare two specific ETFs: YMAG (YieldMax Magnificent 7 Fund of Option Income ETFs) MAGY (Roundhill Magnificent Seven Covered Call ETF) I’ll walk through their structures, strategies, yields, risk profiles, tax/structural considerations, and conclude by making the case for which is the better long-term hold (and why the other may still serve a purpose). Note: This is not investment advice; please do your due diligence. What the Two Funds Are (At a High Level) YMAG YMAG is offered by the YieldMax™ group (issued by Tidal Financial Group), under the “Mag...
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