Data as of .
MAGY vs OCTJ: which paid, and which earned it?
Over the year MAGY paid 26.5% of its price in cash against OCTJ’s 5.2%, though OCTJ returned more with it reinvested.
ETFIQ Return Stability Score: OCTJ scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, MAGY and OCTJ hold 0% of their money in the same securities at the same weight.
| Only in MAGY | Only in OCTJ |
|---|---|
| Roundhill Magnificent Seven ETF 100.02% | TREASURY BILL 98.69% |
| First American Government Obligations Fu 0.36% | TREASURY BILL 1.31% |
| MAGS 09/25/2026 71.37 C -0.38% |
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 Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MAGY | OCTJ | MAGY | OCTJ | MAGY | OCTJ | |
| 3 months | +3.7% | +1.1% | 6.1% | 1.3% | −3.9 pts | −1.1 pts |
| 6 months | +8.1% | +4.0% | 12.9% | 2.7% | −12.7 pts | −14.1 pts |
| 1 year | +1.8% | +5.5% | 26.5% | 5.2% | −9.4 pts | −11.1 pts |
| Since launch | +25.6% | +18.9% | 42.0% | 15.9% | −37.5 pts | −66.0 pts |
| MAGY Roundhill Magnificent Seven Covered Call ETF Covered call on MAGS, paying weekly | OCTJ Innovator Premium Income 30 Barrier ETF - October Defined income on SPY, paying quarterly | |
|---|---|---|
| Issuer | Roundhill | Innovator |
| Strategy | covered call | defined income |
| Benchmark | Magnificent Seven (MAGS) | S&P 500 (SPY) |
| Pays | weekly | quarterly |
| Payout rate, annualized | 19.2% | 5.3% |
| Expense ratio | 0.99% | 0.79% |
| Cash paid, 1 year | 26.5% | 5.2% |
| Price change, 1 year | −25.3% | +0.1% |
| Total return, 1 year | +1.8% | +5.5% |
| Benchmark return, 1 year | +11.2% | +16.6% |
| Ahead or behind | −9.4 pts | −11.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 513 days | 1082 days |
| Net assets | $102m | $15m |
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.
OCTJ in plain words
Over the year to Sep 18, 2026, OCTJ paid 5.2% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +5.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 11.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.3%, paid quarterly.
Questions people ask
- Which paid more, MAGY or OCTJ?
- Over the year to Sep 18, 2026, MAGY paid 26.5% of its starting price in cash and OCTJ paid 5.2%, 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, MAGY or OCTJ?
- With every distribution reinvested, MAGY returned +1.8% and OCTJ returned +5.5% over the year to Sep 18, 2026, so OCTJ returned more.
- Which is cheaper, MAGY or OCTJ?
- MAGY charges 0.99% a year and OCTJ charges 0.79%, so OCTJ 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.
Cite this page. ETFIQ, MAGY against OCTJ, data as of Sep 18, 2026. https://etfiq.com/compare/income/magy-vs-octj Free to use with attribution; the underlying files are at Open data.