Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MAGS vs RSP: how they differ
MAGS and RSP hold 1% of their weight in the same names.
Roundhill Magnificent Seven ETF and Invesco S&P 500 Equal Weight ETF.
What they hold in common
By the books each fund has filed, MAGS and RSP hold 1% of their money in the same securities at the same weight.
| Holding | MAGS | RSP |
|---|---|---|
| Amazon.com Inc | 4.11% | 0.24% |
| NVIDIA Corp | 4.15% | 0.21% |
| Apple Inc | 4.12% | 0.20% |
| Microsoft Corp | 3.62% | 0.19% |
| Meta Platforms Inc | 3.59% | 0.18% |
| Tesla Inc | 4.07% | 0.18% |
| Alphabet Inc | 2.89% | 0.13% |
| Only in MAGS | Only in RSP |
|---|---|
| TREASURY BILL 65.41% | Intel Corp. 0.38% |
| Roundhill Ultra Short Duration 8.06% | Seagate Technology Holdings PLC 0.34% |
| Advanced Micro Devices, Inc. 0.33% | |
| ON Semiconductor Corp. 0.33% | |
| Sandisk Corp. 0.32% | |
| Western Digital Corp. 0.31% | |
| Ciena Corp. 0.30% | |
| Monolithic Power Systems, Inc. 0.29% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| MAGS Roundhill Magnificent Seven ETF | RSP Invesco S&P 500 Equal Weight ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Roundhill | Invesco |
| What it is | Magnificent Seven | S&P 500 equal weight |
| Total return, 1 year | +14.4% | +14.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.1 pts | −2.7 pts |
| Expense ratio | 0.30% | 0.20% |
| Already in the S&P 500 | 26.5% | 99.1% |
| Holdings | 9 | 503 |
MAGS in plain words
MAGS is an index equity fund tracking the Magnificent Seven. Over the year to Sep 11, 2026 it returned +14.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 26% of the fund by weight is stocks the S&P 500 also holds, across 9 positions, with the top ten at 100.0%.
RSP in plain words
RSP is an index equity fund tracking the S&P 500 equal weight. Over the year to Sep 11, 2026 it returned +14.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 503 positions, with the top ten at 3.2%. It sat 3.5% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, MAGS or RSP?
- In the year to Sep 12, 2026, with distributions reinvested, MAGS returned +14.4% and RSP returned +14.8%, so RSP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MAGS or RSP?
- MAGS charges 0.30% a year and RSP charges 0.20%, so RSP is cheaper. Fees come from each fund's prospectus.
- How much do MAGS and RSP overlap with the S&P 500?
- By their latest filed holdings, 26% of MAGS and 99% of RSP by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, MAGS against RSP, data as of Sep 12, 2026. https://etfiq.com/compare/any/MAGS-RSP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources