UJUL vs YMAG
Innovator US Equity Ultra Buffer ETF - July vs YieldMax Magnificent 7 Fund of Option Income ETF
Which is better, UJUL or YMAG?
YMAG has been ahead.
UJUL 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 | UJUL | YMAG |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.34% |
| AUM | $303M | $294M |
| Dividend Yield | 0.00% | 57.01% |
| Holdings | 24 | 18 |
| YTD Return | +7.39% | +9.90%Best |
| 1Y Return | +9.54% | +13.88%Best |
| 3Y Return (annualized) | +13.32% | - |
| 5Y Return (annualized) | +8.92% | - |
| Volatility (annualized) | 6.3%Best | 17.4% |
| Max Drawdown | -11.4%Best | -26.0% |
| $10,000 over 2.7 years | $13,472 | $17,580Best |
| Fund Family | Innovator ETFs Trust | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Aug 7, 2018 | Jan 29, 2024 |
Not shown on this pair: 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 14, 2026 (2.7 years).
UJUL 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.
UJUL vs YMAG Performance
Innovator US Equity Ultra Buffer ETF - July (UJUL) is an ETF from Innovator ETFs Trust and YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) is an ETF from YieldMax ETF. Over the past year UJUL returned +9.54% while YMAG returned +13.88%. Year to date, UJUL is up 7.39% versus a gain of 9.90% for YMAG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
YMAG has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 6.3% for UJUL. 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 -11.4% for UJUL 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
UJUL charges 0.79% per year while YMAG charges 1.34%. On a $10,000 position that is $79 vs $134 annually, a gap of $55 per year that compounds over a long holding period. On income, UJUL currently yields 0.00% against 57.01% for YMAG.
Holdings Overlap
We hold position weights for 1 holding in UJUL and 25 in YMAG, totalling 99.3% 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 1 positions we hold weights for in UJUL and 25 in YMAG, against full books of 24 and 18.
You are not choosing between two funds in isolation.
Whichever of UJUL 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, UJUL or YMAG?
UJUL has an expense ratio of 0.79% while YMAG charges 1.34%. UJUL is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, UJUL or YMAG?
Over the past year UJUL returned +9.54% vs +13.88% 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, UJUL or YMAG?
YMAG has been the more volatile fund at 17.4% annualized versus 6.3% for UJUL. Worst drawdown: UJUL -11.4% vs YMAG -26.0%.
Should I hold both UJUL and YMAG?
UJUL 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, UJUL or YMAG?
UJUL yields 0.00% while YMAG yields 57.01%, so YMAG currently pays the higher dividend yield.
Is YMAG better than UJUL?
UJUL 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.