Data as of Oct 28, 2026.
MAGS vs MAGY: Differences, Returns & Fees
Over the year to Oct 28, 2026, MAGS returned +5.8% to MAGY's −1.1%, and MAGS charges 0.30% to MAGY's 0.99%.
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Net assets on Oct 28, 2026: $5.5bn for Roundhill Magnificent Seven ETF and $95m for Roundhill Magnificent Seven Covered Call ETF.
Pair scorecard
MAGS costs 0.69 points a year less; their one-year returns differ by 6.9 points; MAGS is far larger, $5.5bn against $95m.
| Measure | MAGS | MAGY |
|---|---|---|
| Return | ||
| Total return, 1 year | +5.8% | −1.1% |
| Price change, 1 year | rose 4.2% | fell 25.9% |
| Latest payout, annualized | 20.6% | |
| Return of capital, issuer estimate | 100% of the Oct 26, 2026 payment | |
| Drawdown | ||
| Below its high | 4.1%, high on Oct 13, 2026 | |
| Benchmark | ||
| What it tracks | No index, actively managed | Benchmark: Magnificent Seven, measured through MAGS |
| Cost and size | ||
| Expense ratio | 0.30% | 0.99% |
| Net assets | $5.5bn | $95m |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 22% | |
| Top ten holdings, share of the fund | 29.3% | |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 28, 2026. Method
Risk and return
May 2, 2025 to Oct 23, 2026 · 77 weekly returnsMAGS returned more: +48.0% to +19.1%. MAGY swung less: 15.0% to 22.4%. MAGY fell less at its worst: −13.4% to −17.2%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | MAGS | MAGY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +48.0% | +19.1% | MAGS | Price change plus distributions, reinvested. |
| Annualized | +30.3% | +12.5% | MAGS | Total return as a yearly rate. |
| Price return | +45.9% | −24.1% | MAGS | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 22.4% | 15.0% | MAGY | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 13.2% | 11.4% | MAGY | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −17.2% | −13.4% | MAGY | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 1.12 | 0.60 | MAGS | Return above Treasury bills per unit of volatility. |
| Sortino | 1.89 | 0.79 | MAGS | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.76 | 0.93 | MAGS | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 77 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, MAGS and MAGY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
MAGS and MAGY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
No client brief for this pair: the two funds' holdings are dated 120 days apart.
MAGS
MAGS is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +5.8% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 8 positions, with the top ten at 29.3%. It sat 4.1% below its high of Oct 13, 2026 on Oct 28, 2026.
MAGY
Over the year to Oct 28, 2026, MAGY paid 24.1% of its starting value in cash distributions while its price fell 25.9%. With every distribution reinvested, the fund returned −1.1%. Magnificent Seven (MAGS) returned +5.8% over the same days, so a holder was behind by 6.9 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 20.6%, paid weekly. Roundhill estimates that 100% of the distribution paid Oct 26, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
- Are MAGS and MAGY in the same category?
- MAGS is a stock ETF and MAGY is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, MAGS or MAGY?
- In the year to Oct 28, 2026, with distributions reinvested, MAGS returned +5.8% and MAGY −1.1%.
- Which is cheaper, MAGS or MAGY?
- MAGS is cheaper, by 0.69 percentage points a year. That is about $69 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, MAGS against MAGY, data as of Oct 28, 2026. https://etfiq.com/compare/any/mags-vs-magy
ETFIQ. (Oct 28, 2026). MAGS against MAGY. Retrieved from https://etfiq.com/compare/any/mags-vs-magy
[MAGS against MAGY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/mags-vs-magy)
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