Data as of .
MAGY vs TPAY: which paid, and which earned it?
MAGY and TPAY both write options for income.
What they hold in common
By the books each fund has filed, MAGY and TPAY hold 0% of their money in the same securities at the same weight.
| Only in MAGY | Only in TPAY |
|---|---|
| Roundhill Magnificent Seven ETF 100.02% | SPY 03/12/2027 33.67 C 61.75% |
| First American Government Obligations Fu 0.36% | SPY 04/16/2027 33.18 C 33.20% |
| MAGS 09/25/2026 71.37 C -0.38% | SPYM 03/12/2027 3.33 C 5.05% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MAGY | TPAY | MAGY | TPAY | MAGY | TPAY | |
| 3 months | +3.7% | +1.5% | 6.1% | 2.4% | −3.9 pts | −0.8 pts |
| 6 months | +8.1% | +17.3% | 12.9% | 5.3% | −12.7 pts | −0.7 pts |
| 1 year | +1.8% | not published | 26.5% | not published | −9.4 pts | not published |
| Since launch | +25.6% | +11.0% | 42.0% | 5.8% | −37.5 pts | −0.8 pts |
| MAGY Roundhill Magnificent Seven Covered Call ETF Covered call on MAGS, paying weekly | TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Roundhill | Roundhill |
| Strategy | covered call | option income |
| Benchmark | Magnificent Seven (MAGS) | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualized | 19.2% | 9.5% |
| Expense ratio | 0.99% | 0.49% |
| Cash paid, 1 year | 26.5% | 5.8% (since launch on Feb 18, 2026) |
| Price change, 1 year | −25.3% | +4.9% |
| Total return, 1 year | +1.8% | +11.0% (since launch on Feb 18, 2026) |
| Benchmark return, 1 year | +11.2% | +11.8% |
| Ahead or behind | −9.4 pts | −0.8 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 513 days | 212 days |
| Net assets | $102m | $2m |
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.
TPAY in plain words
Over the period since launch on Feb 18, 2026 to Sep 18, 2026, TPAY paid 5.8% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY) returned +11.8% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.5%, paid monthly.
Questions people ask
- Which is cheaper, MAGY or TPAY?
- MAGY charges 0.99% a year and TPAY charges 0.49%, so TPAY 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 TPAY, data as of Sep 18, 2026. https://etfiq.com/compare/income/magy-vs-tpay Free to use with attribution; the underlying files are at Open data.