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Data as of .

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

JANQ and MAGY both write options for income.

Innovator Premium Income 40 Barrier ETF - January and Roundhill Magnificent Seven Covered Call ETF.

0.0%JANQ cash paid, 1 year
26.5%MAGY cash paid, 1 year
0.0%JANQ total return, 1 year
+1.8%MAGY total return, 1 year
JANQ0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+0.8%JANQ0.0%0.8 pts behind SPYTotal return, distributions reinvestedSPY+0.8%JANQ0.0%0.8 pts behind SPY
MAGY9.4 pts behind MAGS · 1 year to Sep 18, 2026
MAGS+11.2%MAGY+1.8%26.5% as cash9.4 pts behind MAGSTotal return, distributions reinvestedMAGS+11.2%MAGY+1.8%9.4 pts behind MAGS

Performance, window by window

JANQ and MAGY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQMAGYJANQMAGYJANQMAGY
3 monthsnot published+3.7%not published6.1%not published−3.9 pts
6 monthsnot published+8.1%not published12.9%not published−12.7 pts
1 yearnot published+1.8%not published26.5%not published−9.4 pts
Since launch0.0%+25.6%0.0%42.0%−0.8 pts−37.5 pts
Open the live comparison on ETFIQ
JANQ and MAGY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
MAGY
Roundhill Magnificent Seven Covered Call ETF
Covered call on MAGS, paying weekly
IssuerInnovatorRoundhill
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)Magnificent Seven (MAGS)
Paysnot establishedweekly
Payout rate, annualizednot published19.2%
Expense ratio0.79%0.99%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)26.5%
Price change, 1 year0.0%−25.3%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+1.8%
Benchmark return, 1 year+0.8%+11.2%
Ahead or behind−0.8 pts−9.4 pts
Return of capital, latest estimatenot publishednot published
Age8 days513 days
Net assetsnot published$102m

JANQ in plain words

Over the period since launch on Sep 10, 2026 to Sep 18, 2026, JANQ paid 0.0% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned 0.0%. S&P 500 (SPY) returned +0.8% over the same days, so a holder was behind by 0.8 pts.

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 is cheaper, JANQ or MAGY?
JANQ charges 0.79% a year and MAGY charges 0.99%, so JANQ 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.

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

How every figure is computed · Standards and sources