Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MAGS vs SPY: how they differ
MAGS and SPY hold 22% of their weight in the same names, and SPY returned more over the year.
Roundhill Magnificent Seven ETF and SPDR S&P 500 ETF Trust.
What they hold in common
By the books each fund has filed, MAGS and SPY hold 22% of their money in the same securities at the same weight.
| Holding | MAGS | SPY |
|---|---|---|
| NVIDIA Corp | 4.15% | 7.52% |
| Apple Inc | 4.12% | 6.59% |
| Amazon.com Inc | 4.11% | 3.62% |
| Microsoft Corp | 3.62% | 4.30% |
| Alphabet Inc | 2.89% | 3.25% |
| Meta Platforms Inc | 3.59% | 1.92% |
| Tesla Inc | 4.07% | 1.84% |
| Only in MAGS | Only in SPY |
|---|---|
| TREASURY BILL 65.41% | Broadcom, Inc. 2.77% |
| Roundhill Ultra Short Duration 8.06% | Alphabet, Inc. 2.59% |
| Micron Technology, Inc. 2.02% | |
| Eli Lilly & Co. 1.47% | |
| Advanced Micro Devices, Inc. 1.47% | |
| Berkshire Hathaway, Inc. 1.42% | |
| JPMorgan Chase & Co. 1.36% | |
| Intel Corp. 1.02% |
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 Jun 30, 2026.
| MAGS Roundhill Magnificent Seven ETF | SPY SPDR S&P 500 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Roundhill | State Street |
| What it is | Magnificent Seven | S&P 500, book from IVV |
| Total return, 1 year | +14.4% | +17.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.1 pts | 0.0 pts |
| Expense ratio | 0.30% | 0.09% |
| Already in the S&P 500 | 26.5% | 100.0% |
| Holdings | 9 | 504 |
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%.
SPY in plain words
SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
Questions people ask
- Which returned more over the last year, MAGS or SPY?
- In the year to Sep 12, 2026, with distributions reinvested, MAGS returned +14.4% and SPY returned +17.5%, so SPY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MAGS or SPY?
- MAGS charges 0.30% a year and SPY charges 0.09%, so SPY is cheaper. Fees come from each fund's prospectus.
- How much do MAGS and SPY overlap with the S&P 500?
- By their latest filed holdings, 26% of MAGS and 100% of SPY by weight is stocks the S&P 500 already holds. Between the two funds, 22% 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 SPY, data as of Sep 12, 2026. https://etfiq.com/compare/any/MAGS-SPY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources