Yieldmax Magnificent 7 Etf Profile

YMAG Etf   19.52  0.11  0.56%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
YieldMax Magnificent is trading at 19.52 as of the 21st of November 2024. This is a 0.56 percent down since the beginning of the trading day. The etf's lowest day price was 19.32. YieldMax Magnificent has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for YieldMax Magnificent 7 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
YieldMax Magnificent is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on YieldMax Magnificent 7

Moving together with YieldMax Etf

  0.95VTI Vanguard Total StockPairCorr
  0.94SPY SPDR SP 500PairCorr
  0.94IVV iShares Core SPPairCorr
  0.79VIG Vanguard DividendPairCorr
  0.94VV Vanguard Large CapPairCorr
  0.88RSP Invesco SP 500PairCorr

YieldMax Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Large Blend (View all Sectors)
IssuerElevate Shares
Inception Date2024-01-29
Entity TypeRegulated Investment Company
Asset Under Management226.9 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorTidal ETF Services LLC
AdvisorTidal Investments LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMick Brokaw, Jay Pestrichelli, Qiao Duan, Charles Ragauss, Michael Venuto
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents8.0
Market MakerOld Mission
Total Expense1.28
Management Fee0.29
Country NameUSA
CodeYMAG
Updated At21st of November 2024
NameYieldMax Magnificent 7 Fund of Option Income ETFs
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01L7YNZB5
TypeETF
YieldMax Magnificent 7 [YMAG] is traded in USA and was established null. The fund is listed under Large Blend. The entity is thematically classified as Strategy ETFs. YieldMax Magnificent at this time have in net assets.
Check YieldMax Magnificent Probability Of Bankruptcy

Top YieldMax Magnificent 7 Etf Constituents

APLYTidal Trust IIEtfDerivative Income
GOOYTidal Trust IIEtfDerivative Income
FBYTidal Trust IIEtfDerivative Income
NVDYTidal Trust IIEtfDerivative Income
AMZYYieldMax AMZN OptionEtfDerivative Income
MSFOTidal Trust IIEtfDerivative Income
More Details

YieldMax Magnificent Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in YieldMax Magnificent. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

YieldMax Magnificent Against Markets

When determining whether YieldMax Magnificent is a strong investment it is important to analyze YieldMax Magnificent's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact YieldMax Magnificent's future performance. For an informed investment choice regarding YieldMax Etf, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YieldMax Magnificent 7. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of YieldMax Magnificent is measured differently than its book value, which is the value of YieldMax that is recorded on the company's balance sheet. Investors also form their own opinion of YieldMax Magnificent's value that differs from its market value or its book value, called intrinsic value, which is YieldMax Magnificent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because YieldMax Magnificent's market value can be influenced by many factors that don't directly affect YieldMax Magnificent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between YieldMax Magnificent's value and its price as these two are different measures arrived at by different means. Investors typically determine if YieldMax Magnificent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YieldMax Magnificent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.