Data as of Nov 4, 2026.
BALQ vs MAGY: Dividend Yield & Total Return
BALQ and MAGY both write options for income.
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Net assets: $43m on Nov 3, 2026 for iShares Nasdaq Premium Income Active ETF, and $94m on Nov 4, 2026 for Roundhill Magnificent Seven Covered Call ETF.
4.1 pts ahead of QQQ
BALQ since launch: paid 10.0%, price +5.1%, total +15.6%, QQQ +11.5%, +4.1 pts. Data to Nov 4, 2026.
QQQ
+11.5%
BALQ
+15.6%
10.0% of it arrived as cash
4.1 pts ahead of QQQ
Total return, distributions reinvested
4.1 pts ahead of QQQ
BALQ since launch: paid 10.0%, price +5.1%, total +15.6%, QQQ +11.5%, +4.1 pts. Data to Nov 4, 2026.
QQQ
+11.5%
BALQ
+15.6%
10.0% cash
4.1 pts ahead of QQQ
10.0% of it arrived as cash. Total return, distributions reinvested. BALQ since launch: paid 10.0%, price +5.1%, total +15.6%, QQQ +11.5%, +4.1 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.7.8 pts behind MAGS
MAGY over 1 year: paid 24.0%, price −26.1%, total −1.5%, MAGS +6.3%, −7.8 pts. Data to Nov 4, 2026.
MAGS
+6.3%
MAGY
−1.5%
7.8 pts behind MAGS
Total return, distributions reinvested
7.8 pts behind MAGS
MAGY over 1 year: paid 24.0%, price −26.1%, total −1.5%, MAGS +6.3%, −7.8 pts. Data to Nov 4, 2026.
MAGS
+6.3%
MAGY
−1.5%
7.8 pts behind MAGS
24.0% of it arrived as cash. Both charts share one scale, with zero at the line. MAGY over 1 year: paid 24.0%, price −26.1%, total −1.5%, MAGS +6.3%, −7.8 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
BALQ costs 0.64 points a year less; MAGY is 2.1 times larger.
Points (pts) are percentage points.
| Measure | BALQ | MAGY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | −1.5% |
| Price change | rose 5.1% (since Dec 3, 2025) | fell 26.1% (1 year) |
| Return of capital, issuer estimate | 97% of the Nov 5, 2026 payment | 100% of the Nov 2, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | Magnificent Seven, measured through MAGS |
| Cost and size | ||
| Expense ratio | 0.35% | 0.99% |
| Net assets, as of Nov 3, 2026 | $43m | $92m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, BALQ and MAGY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | BALQ | MAGY | BALQ | MAGY | BALQ | MAGY |
| 3 months | −3.8% | +4.0% | 2.1% | 5.4% | −0.3 pts | +1.2 pts |
| 6 months | +1.3% | +0.8% | 5.2% | 11.3% | +1.7 pts | −1.8 pts |
| 1 year | – | −1.5% | – | 24.0% | – | −7.8 pts |
| Since launchNot the same days: BALQ Dec 2025 · MAGY Apr 2025 | +15.6% | +25.7% | 10.0% | 44.0% | +4.1 pts | −37.0 pts |
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BALQ
Over the period from its first trade on Dec 3, 2025 to Nov 4, 2026, BALQ paid 10.0% of its starting value in cash distributions while its price rose 5.1%. With every distribution reinvested, the fund returned +15.6%. Nasdaq-100 (QQQ) returned +11.5% over the same days, so a holder was ahead by 4.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.5%, paid monthly. iShares estimates that 97% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
MAGY
Over the year to Nov 4, 2026, MAGY paid 24.0% of its starting value in cash distributions while its price fell 26.1%. With every distribution reinvested, the fund returned −1.5%. Magnificent Seven (MAGS) returned +6.3% over the same days, so a holder was behind by 7.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 25.1%, paid weekly. Roundhill estimates that 100% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, BALQ against MAGY, data as of Nov 4, 2026. https://etfiq.com/compare/income/balq-vs-magy
ETFIQ. (Nov 4, 2026). BALQ against MAGY. Retrieved from https://etfiq.com/compare/income/balq-vs-magy
[BALQ against MAGY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/balq-vs-magy)
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