Data as of .
MAGY vs ULTY: which paid, and which earned it?
Over the year ULTY paid 44.9% of its price in cash against MAGY’s 26.5%, though MAGY returned more with it reinvested.
ETFIQ Return Stability Score: MAGY 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 ULTY hold 0% of their money in the same securities at the same weight.
| Only in MAGY | Only in ULTY |
|---|---|
| Roundhill Magnificent Seven ETF 100.02% | Alphabet Inc 5.66% |
| First American Government Obligations Fu 0.36% | Analog Devices Inc 5.47% |
| MAGS 09/25/2026 71.37 C -0.38% | Amazon.com Inc 5.16% |
| Lam Research Corp 4.99% | |
| Ciena Corp 4.95% | |
| Quanta Services Inc 4.95% | |
| Lumentum Holdings Inc 4.86% | |
| NVIDIA Corp 4.80% |
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 | ULTY | MAGY | ULTY | MAGY | ULTY | |
| 3 months | +3.7% | −1.1% | 6.1% | 13.7% | −3.9 pts | −3.3 pts |
| 6 months | +8.1% | +14.0% | 12.9% | 30.1% | −12.7 pts | −4.0 pts |
| 1 year | +1.8% | −7.8% | 26.5% | 44.9% | −9.4 pts | −24.3 pts |
| Since launch | +25.6% | +10.7% | 42.0% | 86.9% | −37.5 pts | −44.1 pts |
| MAGY Roundhill Magnificent Seven Covered Call ETF Covered call on MAGS, paying weekly | ULTY YieldMax(R) Ultra Option Income Strategy ETF Synthetic covered call on SPY, paying weekly | |
|---|---|---|
| Issuer | Roundhill | YieldMax |
| Strategy | covered call | synthetic covered call |
| Benchmark | Magnificent Seven (MAGS) | S&P 500 (SPY), used as a default proxy |
| Pays | weekly | weekly |
| Payout rate, annualized | 19.2% | 59.8% |
| Expense ratio | 0.99% | 1.30% |
| Cash paid, 1 year | 26.5% | 44.9% |
| Price change, 1 year | −25.3% | −54.1% |
| Total return, 1 year | +1.8% | −7.8% |
| Benchmark return, 1 year | +11.2% | +16.6% |
| Ahead or behind | −9.4 pts | −24.3 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 513 days | 932 days |
| Net assets | $102m | $721m |
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.
ULTY in plain words
Over the year to Sep 18, 2026, ULTY paid 44.9% of its starting value in cash distributions while its price fell 54.1%. With every distribution reinvested, the fund returned −7.8%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 24.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 59.8%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 17, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, MAGY or ULTY?
- Over the year to Sep 18, 2026, MAGY paid 26.5% of its starting price in cash and ULTY paid 44.9%, so ULTY 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 ULTY?
- With every distribution reinvested, MAGY returned +1.8% and ULTY returned −7.8% over the year to Sep 18, 2026, so MAGY returned more.
- Which is cheaper, MAGY or ULTY?
- MAGY charges 0.99% a year and ULTY charges 1.30%, 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 ULTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/magy-vs-ulty Free to use with attribution; the underlying files are at Open data.