Which paid more, FTQI or MAGY?

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting price in cash and MAGY paid 24.0%, so MAGY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FTQI or MAGY?

With every distribution reinvested, FTQI returned +16.5% and MAGY −1.5% over the year to Nov 4, 2026.

Which is cheaper, FTQI or MAGY?

FTQI charges 0.75% a year and MAGY charges 0.99%, so FTQI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FTQI vs MAGY: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, MAGY paid 24.0% of its price in cash against FTQI’s 12.1%, though FTQI returned more with it reinvested.

askIQ about this page

askIQ about FTQI and MAGY

Net assets: $997m on Nov 3, 2026 for First Trust Nasdaq BuyWrite Income ETF, and $94m on Nov 4, 2026 for Roundhill Magnificent Seven Covered Call ETF.

FTQI on its own →MAGY on its own →

At a glance

12.1%

FTQI cash paid, 1 year

24.0%

MAGY cash paid, 1 year

+16.5%

FTQI total return, 1 year

−1.5%

MAGY total return, 1 year

FTQI · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ

FTQI

+16.5%

QQQ

+12.3%

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% cash

4.2 pts ahead of QQQ

12.1% of it arrived as cash. Total return, distributions reinvested. FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

MAGY · 1 year to Nov 4, 2026 7.8 pts behind MAGS

MAGY

−1.5%

MAGS

+6.3%

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

FTQI costs 0.24 points a year less; their one-year returns differ by 18.0 points; FTQI is 10.8 times larger.

Points (pts) are percentage points.

FTQI vs MAGY: Dividend Yield & Total Return
Measure	FTQI	MAGY
Paid and earned
Measure	FTQI	MAGY
Total return, 1 year	+16.5%	−1.5%
Price change, 1 year	rose 3.5%	fell 26.1%
Return of capital, issuer estimate	99% of the Oct 30, 2026 payment	100% of the Nov 2, 2026 payment
Against its benchmark
Measure	FTQI	MAGY
Benchmark	Nasdaq-100, measured through QQQ	Magnificent Seven, measured through MAGS
Cost and size
Measure	FTQI	MAGY
Expense ratio	0.75%	0.99%
Net assets, as of Nov 3, 2026	$997m	$92m
Holdings
Measure	FTQI	MAGY
Holdings in common	0%

ETFIQ Distribution Coverage Score · FTQI scores higher How much of what it paid out did its total return cover?

IQ Income Score74FTQI17.1MAGY

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

FTQI 74

MAGY 17.1

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

By the books each fund has filed, FTQI and MAGY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FTQI MAGY

Only in one fund ↓

Only in FTQI

Apple Inc. 8.98%

NVIDIA Corporation 6.22%

Advanced Micro Devices, Inc. 4.73%

Amazon.com, Inc. 4.23%

Cisco Systems, Inc. 3.10%

Tesla, Inc. 3.05%

Meta Platforms, Inc. (Class A) 2.67%

Palantir Technologies Inc. (Class A) 2.60%

Only in MAGY

Roundhill Magnificent Seven ETF 100.12%

MAGS 11/06/2026 71.22 C -0.47%

Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly MAGY Roundhill Magnificent Seven Covered Call ETF · Covered call on MAGS, paying weekly

Issuer First Trust Roundhill

Strategy covered call covered call

Benchmark Nasdaq-100 (QQQ) Magnificent Seven (MAGS)

Pays monthly weekly

Payout rate, annualized 12.3% 25.1%

Expense ratio 0.75% 0.99%

Cash paid, 1 year 12.1% 24.0%

Price change, 1 year +3.5% −26.1%

Total return, 1 year +16.5% −1.5%

Benchmark return, 1 year +12.3% +6.3%

Ahead or behind +4.2 pts −7.8 pts

Return of capital, latest estimate 99% 100%

Age 12.8 years 1.5 years

Net assets, FTQI as of Nov 3, 2026 and MAGY as of Nov 4, 2026 $997m $94m

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

Window by window: FTQI vs MAGY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FTQI	MAGY	FTQI	MAGY	FTQI	MAGY
3 months	+0.4%	+4.0%	3.0%	5.4%	+3.8 pts	+1.2 pts
6 months	+6.6%	+0.8%	6.0%	11.3%	+6.9 pts	−1.8 pts
1 year	+16.5%	−1.5%	12.1%	24.0%	+4.3 pts	−7.8 pts
3 years	+60.8%	–	38.1%	–	−30.5 pts	–
Since launchNot the same days: FTQI Jan 2014 · MAGY Apr 2025	+138.8%	+25.7%	81.1%	44.0%	−641.3 pts	−37.0 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

FTQI

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.3%, paid monthly. First Trust estimates that 99% of the distribution paid Oct 30, 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

Which paid more, FTQI or MAGY?: Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting price in cash and MAGY paid 24.0%, so MAGY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FTQI or MAGY?: With every distribution reinvested, FTQI returned +16.5% and MAGY −1.5% over the year to Nov 4, 2026.
Which is cheaper, FTQI or MAGY?: FTQI charges 0.75% a year and MAGY charges 0.99%, so FTQI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FTQI vs VAIE FTQI vs QVOL FTQI vs YLDE FTQI vs KYLD MAGY vs GPIQ MAGY vs QYLD MAGY vs QQQI MAGY vs QLDY

Where to next

Nasdaq-100 (QQQ) →Magnificent Seven (MAGS) →FTQI on its own →MAGY on its own →FTQI dividend history →FTQI holdings →MAGY dividend history →MAGY holdings →Method →Standards and sources →

Sources and dates

FTQI filings on SEC EDGAR ↗

FTQI prospectus with the expense ratio (SEC) ↗

FTQI 19a-1 distribution notice ↗

First Trust page for FTQI ↗

MAGY filings on SEC EDGAR ↗

MAGY prospectus with the expense ratio (SEC) ↗

MAGY 19a-1 distribution notice ↗

Roundhill page for MAGY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

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, FTQI against MAGY, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftqi-vs-magy

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.