Which paid more, IQQQ or MAGY?

Over the year to Nov 4, 2026, IQQQ paid 6.8% 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, IQQQ or MAGY?

With every distribution reinvested, IQQQ returned +7.4% and MAGY −1.5% over the year to Nov 4, 2026.

Which is cheaper, IQQQ or MAGY?

IQQQ charges 0.55% a year and MAGY charges 0.99%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

IQQQ vs MAGY: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, MAGY paid 24.0% of its price in cash against IQQQ’s 6.8%, though IQQQ returned more with it reinvested.

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Net assets on Nov 4, 2026: $380m for ProShares Nasdaq-100 High Income ETF and $94m for Roundhill Magnificent Seven Covered Call ETF.

IQQQ on its own →MAGY on its own →

At a glance

6.8%

IQQQ cash paid, 1 year

24.0%

MAGY cash paid, 1 year

+7.4%

IQQQ total return, 1 year

−1.5%

MAGY total return, 1 year

IQQQ · 1 year to Nov 4, 2026 4.9 pts behind QQQ

IQQQ

+7.4%

QQQ

+12.3%

4.9 pts behind QQQ

IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.3%

IQQQ

+7.4%

6.8% of it arrived as cash

4.9 pts behind QQQ

Total return, distributions reinvested

4.9 pts behind QQQ

IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 pts. Data to Nov 4, 2026.

QQQ

+12.3%

IQQQ

+7.4%

6.8% cash

4.9 pts behind QQQ

6.8% of it arrived as cash. Total return, distributions reinvested. IQQQ over 1 year: paid 6.8%, price +0.5%, total +7.4%, QQQ +12.3%, −4.9 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

IQQQ costs 0.44 points a year less; their one-year returns differ by 8.9 points; IQQQ is 4.0 times larger.

Points (pts) are percentage points.

IQQQ vs MAGY: Dividend Yield & Total Return
Measure	IQQQ	MAGY
Paid and earned
Measure	IQQQ	MAGY
Total return, 1 year	+7.4%	−1.5%
Price change, 1 year	rose 0.5%	fell 26.1%
Return of capital, issuer estimate	93% of the Nov 6, 2026 payment	100% of the Nov 2, 2026 payment
Against its benchmark
Measure	IQQQ	MAGY
Benchmark	Nasdaq-100, measured through QQQ	Magnificent Seven, measured through MAGS
Cost and size
Measure	IQQQ	MAGY
Expense ratio	0.55%	0.99%
Net assets	$380m	$94m
Holdings
Measure	IQQQ	MAGY
Holdings in common	0%

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

IQ Income Score64.4IQQQ17.1MAGY

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

IQQQ 64.4

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, IQQQ and MAGY hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IQQQ MAGY

Only in one fund ↓

Only in IQQQ

NVIDIA Corp. 7.26%

Apple, Inc. 6.32%

Microsoft Corp. 5.12%

Micron Technology, Inc. 4.06%

Amazon.com, Inc. 3.80%

Advanced Micro Devices, Inc. 2.88%

Alphabet, Inc. 2.69%

Tesla, Inc. 2.50%

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

IQQQ ProShares Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly MAGY Roundhill Magnificent Seven Covered Call ETF · Covered call on MAGS, paying weekly

Issuer ProShares Roundhill

Strategy option income covered call

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

Pays monthly weekly

Payout rate, annualized 6.1% 25.1%

Expense ratio 0.55% 0.99%

Cash paid, 1 year 6.8% 24.0%

Price change, 1 year +0.5% −26.1%

Total return, 1 year +7.4% −1.5%

Benchmark return, 1 year +12.3% +6.3%

Ahead or behind −4.9 pts −7.8 pts

Return of capital, latest estimate 93% 100%

Age 2.6 years 1.5 years

Net assets $380m $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: IQQQ vs MAGY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	IQQQ	MAGY	IQQQ	MAGY	IQQQ	MAGY
3 months	−4.4%	+4.0%	1.5%	5.4%	−0.9 pts	+1.2 pts
6 months	−2.6%	+0.8%	3.4%	11.3%	−2.3 pts	−1.8 pts
1 year	+7.4%	−1.5%	6.8%	24.0%	−4.9 pts	−7.8 pts
Since launchNot the same days: IQQQ Mar 2024 · MAGY Apr 2025	+44.2%	+25.7%	25.6%	44.0%	−13.8 pts	−37.0 pts

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Alert

About each fund

IQQQ

Over the year to Nov 4, 2026, IQQQ paid 6.8% of its starting value in cash distributions while its price rose 0.5%. With every distribution reinvested, the fund returned +7.4%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.1%, paid monthly. ProShares estimates that 93% of the distribution paid Nov 6, 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, IQQQ or MAGY?: Over the year to Nov 4, 2026, IQQQ paid 6.8% 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, IQQQ or MAGY?: With every distribution reinvested, IQQQ returned +7.4% and MAGY −1.5% over the year to Nov 4, 2026.
Which is cheaper, IQQQ or MAGY?: IQQQ charges 0.55% a year and MAGY charges 0.99%, so IQQQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

IQQQ vs VAIE IQQQ vs QVOL IQQQ vs KYLD IQQQ vs YSPC MAGY vs QLDY MAGY vs QDTY MAGY vs QRMI MAGY vs KIQQ

Where to next

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

Sources and dates

IQQQ filings on SEC EDGAR ↗

IQQQ prospectus with the expense ratio (SEC) ↗

IQQQ 19a-1 distribution notice ↗

ProShares page for IQQQ ↗

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.

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

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