Data as of Oct 28, 2026.
MAGS vs QQQ: Differences, Returns & Fees
Over the year to Oct 28, 2026, MAGS returned +5.8% to QQQ's +15.2%; 22% of their weight is in the same names.
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Net assets: $5.5bn on Oct 28, 2026 for Roundhill Magnificent Seven ETF, and $483.0bn on Oct 27, 2026 for Invesco QQQ Trust, Series 1.
Pair scorecard
QQQ costs 0.12 points a year less; their one-year returns differ by 9.4 points; QQQ is far larger, $483.0bn against $5.5bn.
| Measure | MAGS | QQQ |
|---|---|---|
| Return | ||
| Total return, 1 year | +5.8% | +15.2% |
| Drawdown | ||
| Below its high | 4.1%, high on Oct 13, 2026 | 4.5%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | Nasdaq-100 Index |
| Cost and size | ||
| Expense ratio | 0.30% | 0.18% |
| Net assets, as of Oct 27, 2026 | $5.5bn | $483.0bn |
| Holdings | ||
| Holdings in common | 22% | |
| Top ten holdings, share of the fund | 29.3% | 46.7% |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, MAGS and QQQ hold 22% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
22% in common
Only in one fund ↓
Side by side
MAGS and QQQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
QQQ
QQQ tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, MAGS or QQQ?
- In the year to Oct 28, 2026, with distributions reinvested, MAGS returned +5.8% and QQQ +15.2%.
- Which is cheaper, MAGS or QQQ?
- QQQ is cheaper, by 0.12 percentage points a year. That is about $12 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 QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/mags-vs-qqq
ETFIQ. (Oct 28, 2026). MAGS against QQQ. Retrieved from https://etfiq.com/compare/any/mags-vs-qqq
[MAGS against QQQ (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/mags-vs-qqq)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.