Which paid more, MAGY or QXQ?

Over the year to Nov 12, 2026, MAGY paid 24.0% of its starting price in cash and QXQ paid 15.1%, 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 QXQ?

With every distribution reinvested, MAGY returned −2.4% and QXQ +12.1% over the year to Nov 12, 2026.

Which is cheaper, MAGY or QXQ?

MAGY charges 0.99% a year and QXQ charges 0.98%, so QXQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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MAGY vs QXQ: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap

+14.5 pts

1 year to Nov 12, 2026: QXQ ahead, total return

Fee gap

0.01 pts

A year: MAGY 0.99%, QXQ 0.98%, per filings dated Jan 5, 2026 and Apr 30, 2026

Overlap

–

No book read for both funds

Net flow

–

Needs daily flows for both funds

Pair scorecard

QXQ costs 0.01 points a year less; their one-year returns differ by 14.5 points.

Points (pts) are percentage points.

MAGY vs QXQ: Dividend Yield & Total Return
Measure	MAGY	QXQ
Paid and earned
Measure	MAGY	QXQ
Total return, 1 year	−2.4%	+12.1%
Price change, 1 year	fell 26.6%	fell 4.7%
Return of capital, issuer estimate	100% of the Nov 9, 2026 payment
Against its benchmark
Measure	MAGY	QXQ
Benchmark	Magnificent Seven, measured through MAGS	Nasdaq-100, measured through QQQ
Cost and size
Measure	MAGY	QXQ
Expense ratio	0.99%	0.98%
Net assets, MAGY as of Nov 12, 2026 and QXQ as of Aug 31, 2026	$91m	$82m
Holdings
Measure	MAGY	QXQ
Holdings in common	not published

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

IQ Income Score20.2MAGY52QXQ

How much of its payouts the fund's total return covered, ranked against 171 income ETFs not writing on a single company. 100 is best. How it is computed

MAGY 20.2

QXQ 52

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

Key numbers

24.0%

MAGY cash paid, 1 year

15.1%

QXQ cash paid, 1 year

−2.4%

MAGY total return, 1 year

+12.1%

QXQ total return, 1 year

MAGY · 1 year to Nov 12, 2026 7.5 pts behind MAGS

MAGY

−2.4%

MAGS

+5.1%

7.5 pts behind MAGS

MAGY over 1 year: paid 24.0%, price −26.6%, total −2.4%, MAGS +5.1%, −7.5 pts. Data to Nov 12, 2026.

MAGS

+5.1%

MAGY

−2.4%

7.5 pts behind MAGS

Total return, distributions reinvested

7.5 pts behind MAGS

MAGY over 1 year: paid 24.0%, price −26.6%, total −2.4%, MAGS +5.1%, −7.5 pts. Data to Nov 12, 2026.

MAGS

+5.1%

MAGY

−2.4%

7.5 pts behind MAGS

24.0% of it arrived as cash. Total return, distributions reinvested. MAGY over 1 year: paid 24.0%, price −26.6%, total −2.4%, MAGS +5.1%, −7.5 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

QXQ · 1 year to Nov 12, 2026 0.8 pts ahead of QQQ

QXQ

+12.1%

QQQ

+11.3%

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% of it arrived as cash

0.8 pts ahead of QQQ

Total return, distributions reinvested

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% as cash

0.8 pts ahead of QQQ

15.1% of it arrived as cash. Both charts share one scale, with zero at the line. QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

MAGY Roundhill Magnificent Seven Covered Call ETF · Covered call on MAGS, paying weekly QXQ SGI Enhanced Nasdaq-100 ETF · Covered call on QQQ, paying quarterly

Issuer Roundhill SGI

Strategy covered call covered call

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

Pays weekly quarterly

Payout rate, annualized 25.7% 1.0%

Expense ratio 0.99% 0.98%

Cash paid, 1 year 24.0% 15.1%

Price change, 1 year −26.6% −4.7%

Total return, 1 year −2.4% +12.1%

Benchmark return, 1 year +5.1% +11.3%

Ahead or behind −7.5 pts +0.8 pts

Return of capital, latest estimate 100% not published

Age 1.6 years 2.4 years

Net assets, MAGY as of Nov 12, 2026 and QXQ as of Aug 31, 2026 $91m $82m

As of Nov 12, 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: MAGY vs QXQ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	MAGY	QXQ	MAGY	QXQ	MAGY	QXQ
3 months	+2.5%	−5.4%	5.4%	0.2%	+2.0 pts	+0.5 pts
6 months	−3.2%	−3.8%	11.0%	0.5%	−0.2 pts	+0.4 pts
1 year	−2.4%	+12.1%	24.0%	15.1%	−7.4 pts	+0.8 pts
Since launchNot the same days: MAGY Apr 2025 · QXQ Jun 2024	+23.7%	+47.7%	44.4%	22.8%	−35.7 pts	+2.2 pts

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Alert

About each fund

MAGY

Over the year to Nov 12, 2026, MAGY paid 24.0% of its starting value in cash distributions while its price fell 26.6%. With every distribution reinvested, the fund returned −2.4%. Magnificent Seven (MAGS) returned +5.1% over the same days, so a holder was behind by 7.5 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 25.7%, paid weekly. Roundhill estimates that 100% of the distribution paid Nov 9, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

QXQ

Over the year to Nov 12, 2026, QXQ paid 15.1% of its starting value in cash distributions while its price fell 4.7%. With every distribution reinvested, the fund returned +12.1%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 1.0%, paid quarterly.

Questions people ask

Which paid more, MAGY or QXQ?: Over the year to Nov 12, 2026, MAGY paid 24.0% of its starting price in cash and QXQ paid 15.1%, 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 QXQ?: With every distribution reinvested, MAGY returned −2.4% and QXQ +12.1% over the year to Nov 12, 2026.
Which is cheaper, MAGY or QXQ?: MAGY charges 0.99% a year and QXQ charges 0.98%, so QXQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

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Where to next

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

Sources and dates

MAGY filings on SEC EDGAR ↗

MAGY prospectus with the expense ratio (SEC) ↗

MAGY 19a-1 distribution notice ↗

Roundhill page for MAGY ↗

QXQ filings on SEC EDGAR ↗

QXQ prospectus with the expense ratio (SEC) ↗

SGI website ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, MAGY against QXQ, data as of Nov 12, 2026. https://etfiq.com/compare/income/magy-vs-qxq

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

Net assets: $91m on Nov 12, 2026 for Roundhill Magnificent Seven Covered Call ETF, and $82m on Aug 31, 2026 for SGI Enhanced Nasdaq-100 ETF.

MAGY on its own →QXQ on its own →

Growth of 100

MAGY and QXQ

Total return, distributions reinvested, 1 year.

MAGY −2.4%QXQ +12.1%

Nov 12, 2025Nov 12, 2026

MAGY −2.4%, QXQ +12.1%: QXQ +14.5 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.