Data as of Nov 4, 2026.
LOCT vs MAGY: Dividend Yield & Total Return
Over the year to Nov 4, 2026, MAGY paid 24.0% of its price in cash against LOCT’s 5.2%, though LOCT returned more with it reinvested.
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Net assets on Nov 4, 2026: $11m for Innovator Premium Income 15 Buffer ETF - October and $94m for Roundhill Magnificent Seven Covered Call ETF.
9 pts behind VOO
LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 pts. Data to Nov 4, 2026.
VOO
+14.8%
LOCT
+5.8%
5.2% of it arrived as cash
9 pts behind VOO
Total return, distributions reinvested
9 pts behind VOO
LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 pts. Data to Nov 4, 2026.
VOO
+14.8%
LOCT
+5.8%
9 pts behind VOO
5.2% of it arrived as cash. Total return, distributions reinvested. LOCT over 1 year: paid 5.2%, price +0.4%, total +5.8%, VOO +14.8%, −9.0 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
LOCT costs 0.20 points a year less; their one-year returns differ by 7.3 points; MAGY is 8.5 times larger.
Points (pts) are percentage points.
| Measure | LOCT | MAGY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +5.8% | −1.5% |
| Price change, 1 year | rose 0.4% | fell 26.1% |
| Return of capital, issuer estimate | 35% of the Nov 2, 2026 payment | 100% of the Nov 2, 2026 payment |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | Magnificent Seven, measured through MAGS |
| Against its benchmark, same days | behind by 9.0 pts | behind by 7.8 pts |
| Cost and size | ||
| Expense ratio | 0.79% | 0.99% |
| Net assets | $11m | $94m |
| Holdings | ||
| Holdings in common | 0% | |
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
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 →
What they share
By the books each fund has filed, LOCT and MAGY hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 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 | LOCT | MAGY | LOCT | MAGY | LOCT | MAGY |
| 3 months | +1.2% | +4.0% | 1.3% | 5.4% | +1.3 pts | +1.2 pts |
| 6 months | +2.4% | +0.8% | 2.6% | 11.3% | −2.6 pts | −1.8 pts |
| 1 year | +5.8% | −1.5% | 5.2% | 24.0% | −9.0 pts | −7.8 pts |
| 3 years | +17.9% | – | 16.8% | – | −65.4 pts | – |
| Since launchNot the same days: LOCT Oct 2023 · MAGY Apr 2025 | +19.3% | +25.7% | 17.5% | 44.0% | −67.1 pts | −37.0 pts |
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LOCT
Over the year to Nov 4, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price rose 0.4%. With every distribution reinvested, the fund returned +5.8%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 9.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.8%, paid monthly. Innovator estimates that 35% of the distribution paid Nov 2, 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
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, LOCT against MAGY, data as of Nov 4, 2026. https://etfiq.com/compare/income/loct-vs-magy
ETFIQ. (Nov 4, 2026). LOCT against MAGY. Retrieved from https://etfiq.com/compare/income/loct-vs-magy
[LOCT against MAGY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/loct-vs-magy)
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