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Data as of .

GPIX vs MAGY: which paid, and which earned it?

Over the year MAGY paid 26.5% of its price in cash against GPIX’s 8.8%, though GPIX returned more with it reinvested.

Goldman Sachs S&P 500 Premium Income ETF and Roundhill Magnificent Seven Covered Call ETF.

8.8%GPIX cash paid, 1 year
26.5%MAGY cash paid, 1 year
+17.0%GPIX total return, 1 year
+1.8%MAGY total return, 1 year

ETFIQ Return Stability Score: GPIX scores higher

Was the payout funded by returns, or by your own capital?

GPIX 76.9MAGY 22.63.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

GPIXAbout even with SPY · 1 year to Sep 18, 2026
SPY+16.6%GPIX+17.0%8.8% of it arrived as cashabout even with SPYTotal return, distributions reinvestedSPY+16.6%GPIX+17.0%8.8% cashabout even with SPY
MAGY9.4 pts behind MAGS · 1 year to Sep 18, 2026
MAGS+11.2%MAGY+1.8%9.4 pts behind MAGSTotal return, distributions reinvestedMAGS+11.2%MAGY+1.8%9.4 pts behind MAGS

What they hold in common

By the books each fund has filed, GPIX and MAGY hold 0% of their money in the same securities at the same weight.

Only in each
Only in GPIXOnly in MAGY
NVIDIA CORP 7.33%Roundhill Magnificent Seven ETF 100.02%
APPLE INC 6.47%First American Government Obligations Fu 0.36%
ALPHABET INC 4.37%MAGS 09/25/2026 71.37 C -0.38%
MICROSOFT CORP 3.90%
AMAZON.COM INC 3.39%
BROADCOM INC 2.80%
MICRON TECHNOLOGY INC 2.02%
TESLA INC 1.89%

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 and Sep 18, 2026.

Performance, window by window

GPIX and MAGY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GPIXMAGYGPIXMAGYGPIXMAGY
3 months+2.6%+3.7%2.1%6.1%+0.3 pts−3.9 pts
6 months+16.6%+8.1%4.7%12.9%−1.4 pts−12.7 pts
1 year+17.0%+1.8%8.8%26.5%+0.4 pts−9.4 pts
Since launch+80.7%+25.6%30.5%42.0%−10.8 pts−37.5 pts
Open the live comparison on ETFIQ
GPIX and MAGY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GPIX
Goldman Sachs S&P 500 Premium Income ETF
Covered call on SPY, paying monthly
MAGY
Roundhill Magnificent Seven Covered Call ETF
Covered call on MAGS, paying weekly
IssuerGoldman SachsRoundhill
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)Magnificent Seven (MAGS)
Paysmonthlyweekly
Payout rate, annualized8.6%19.2%
Expense ratio0.29%0.99%
Cash paid, 1 year8.8%26.5%
Price change, 1 year+7.4%−25.3%
Total return, 1 year+17.0%+1.8%
Benchmark return, 1 year+16.6%+11.2%
Ahead or behind+0.4 pts−9.4 pts
Return of capital, latest estimatenot publishednot published
Age1058 days513 days
Net assets$5.8bn$102m

GPIX in plain words

Over the year to Sep 18, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 7.4%. With every distribution reinvested, the fund returned +17.0%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.

MAGY in plain words

Over the year to Sep 18, 2026, MAGY paid 26.5% of its starting value in cash distributions while its price fell 25.3%. With every distribution reinvested, the fund returned +1.8%. Magnificent Seven (MAGS) returned +11.2% over the same days, so a holder was behind by 9.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 19.2%, paid weekly.

Questions people ask

Which paid more, GPIX or MAGY?
Over the year to Sep 18, 2026, GPIX paid 8.8% of its starting price in cash and MAGY paid 26.5%, 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, GPIX or MAGY?
With every distribution reinvested, GPIX returned +17.0% and MAGY returned +1.8% over the year to Sep 18, 2026, so GPIX returned more.
Which is cheaper, GPIX or MAGY?
GPIX charges 0.29% a year and MAGY charges 0.99%, so GPIX is cheaper. Fees come from each fund's prospectus.

Other comparisons

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.

GPIX against MAGY, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GPIX against MAGY, data as of Sep 18, 2026. https://etfiq.com/compare/income/gpix-vs-magy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources