Data as of .
MAGY vs OEI: which paid, and which earned it?
MAGY and OEI both write options for income.
What they hold in common
By the books each fund has filed, MAGY and OEI hold 0% of their money in the same securities at the same weight.
| Only in MAGY | Only in OEI |
|---|---|
| Roundhill Magnificent Seven ETF 100.02% | NVIDIA Corp 8.32% |
| First American Government Obligations Fu 0.36% | Microsoft Corp 5.99% |
| MAGS 09/25/2026 71.37 C -0.38% | Amazon.com Inc 4.56% |
| Apple Inc 4.28% | |
| Alphabet Inc 3.48% | |
| Broadcom Inc 3.04% | |
| Alphabet Inc 2.79% | |
| Micron Technology Inc 2.57% |
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 Jul 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MAGY | OEI | MAGY | OEI | MAGY | OEI | |
| 3 months | +3.7% | +4.8% | 6.1% | 2.3% | −3.9 pts | +2.5 pts |
| 6 months | +8.1% | +12.5% | 12.9% | 4.9% | −12.7 pts | −5.6 pts |
| 1 year | +1.8% | not published | 26.5% | not published | −9.4 pts | not published |
| Since launch | +25.6% | +14.4% | 42.0% | 8.6% | −37.5 pts | −0.9 pts |
| MAGY Roundhill Magnificent Seven Covered Call ETF Covered call on MAGS, paying weekly | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Roundhill | Core Alternative |
| Strategy | covered call | option income |
| Benchmark | Magnificent Seven (MAGS) | S&P 500 (SPY), used as a default proxy |
| Pays | weekly | monthly |
| Payout rate, annualized | 19.2% | 9.2% |
| Expense ratio | 0.99% | 1.02% |
| Cash paid, 1 year | 26.5% | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | −25.3% | +5.2% |
| Total return, 1 year | +1.8% | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +11.2% | +15.3% |
| Ahead or behind | −9.4 pts | −0.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 513 days | 331 days |
| Net assets | $102m | $46m |
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.
OEI in plain words
Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
Questions people ask
- Which is cheaper, MAGY or OEI?
- MAGY charges 0.99% a year and OEI charges 1.02%, so MAGY 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 OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/magy-vs-oei Free to use with attribution; the underlying files are at Open data.