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Data as of Nov 4, 2026.

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Income ETFs

MAGY vs WDTE: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, WDTE paid 27.9% of its price in cash against MAGY’s 24.0%, and returned more with it reinvested.

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Net assets: $94m on Nov 4, 2026 for Roundhill Magnificent Seven Covered Call ETF, and $69m on Nov 3, 2026 for Defiance S&P 500 Weekly Distribution ETF.

MAGY on its own →WDTE on its own →
At a glance
24.0%
MAGY cash paid, 1 year
27.9%
WDTE cash paid, 1 year
−1.5%
MAGY total return, 1 year
+14.1%
WDTE total return, 1 year
MAGY · 1 year to Nov 4, 2026 7.8 pts behind MAGS
MAGY
−1.5%
MAGS
+6.3%

7.8 pts behind MAGS

MAGY over 1 year: paid 24.0%, price −26.1%, total −1.5%, MAGS +6.3%, −7.8 pts. Data to Nov 4, 2026.

MAGS

+6.3%

MAGY

−1.5%

7.8 pts behind MAGS

Total return, distributions reinvested

7.8 pts behind MAGS

MAGY over 1 year: paid 24.0%, price −26.1%, total −1.5%, MAGS +6.3%, −7.8 pts. Data to Nov 4, 2026.

MAGS

+6.3%

MAGY

−1.5%

7.8 pts behind MAGS

24.0% of it arrived as cash. Total return, distributions reinvested. MAGY over 1 year: paid 24.0%, price −26.1%, total −1.5%, MAGS +6.3%, −7.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
WDTE · 1 year to Nov 4, 2026 0.7 pts behind SPY
WDTE
+14.1%
SPY
+14.8%

0.7 pts behind SPY

WDTE over 1 year: paid 27.9%, price −15.9%, total +14.1%, SPY +14.8%, −0.7 pts. Data to Nov 4, 2026.

SPY

+14.8%

WDTE

+14.1%

27.9% of it arrived as cash

0.7 pts behind SPY

Total return, distributions reinvested

0.7 pts behind SPY

WDTE over 1 year: paid 27.9%, price −15.9%, total +14.1%, SPY +14.8%, −0.7 pts. Data to Nov 4, 2026.

SPY

+14.8%

WDTE

+14.1%

27.9% as cash

0.7 pts behind SPY

27.9% of it arrived as cash. Both charts share one scale, with zero at the line. WDTE over 1 year: paid 27.9%, price −15.9%, total +14.1%, SPY +14.8%, −0.7 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

MAGY costs 0.04 points a year less; their one-year returns differ by 15.6 points; MAGY is 1.3 times larger.

Points (pts) are percentage points.

MAGY vs WDTE: Dividend Yield & Total Return
MeasureMAGYWDTE
Paid and earned
Total return, 1 year−1.5%+14.1%
Price change, 1 yearfell 26.1%fell 15.9%
Return of capital, issuer estimate100% of the Nov 2, 2026 payment100% of the Oct 30, 2026 payment
Against its benchmark
BenchmarkMagnificent Seven, measured through MAGSS&P 500, measured through SPY
Cost and size
Expense ratio0.99%1.03%
Net assets, as of Nov 3, 2026$92m$69m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · WDTE scores higher How much of what it paid out did its total return cover?
IQ Income Score17.1MAGY35.6WDTE

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

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

What they share

0%

By the books each fund has filed, MAGY and WDTE hold 0% of their money in the same securities at the same weight. Holdings dated Nov 4, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MAGY WDTE
Only in one fund ↓
Only in MAGY
Roundhill Magnificent Seven ETF 100.12%
MAGS 11/06/2026 71.22 C -0.47%
Only in WDTE
Spx Us 12/18/26 C600 95.18%
Spx 11/05/2026 7710.15 C 0.14%
Spx 11/05/2026 7688.62 C -0.28%
Check overlap with more funds →

Side by side

MAGY Roundhill Magnificent Seven Covered Call ETF · Covered call on MAGS, paying weekly WDTE Defiance S&P 500 Weekly Distribution ETF · Option income on SPY, paying weekly
Issuer Roundhill Defiance
Strategy covered call option income
Benchmark Magnificent Seven (MAGS) S&P 500 (SPY)
Pays weekly weekly
Payout rate, annualized 25.1% 30.3%
Expense ratio 0.99% 1.03%
Cash paid, 1 year 24.0% 27.9%
Price change, 1 year −26.1% −15.9%
Total return, 1 year −1.5% +14.1%
Benchmark return, 1 year +6.3% +14.8%
Ahead or behind −7.8 pts −0.7 pts
Return of capital, latest estimate 100% 100%
Age 1.5 years 3.1 years
Net assets, MAGY as of Nov 4, 2026 and WDTE as of Nov 3, 2026 $94m $69m

As of Nov 4, 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 WDTE: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowMAGYWDTEMAGYWDTEMAGYWDTE
3 months+4.0%−0.4%5.4%7.3%+1.2 pts−0.2 pts
6 months+0.8%+4.6%11.3%14.4%−1.8 pts−0.4 pts
1 year−1.5%+14.1%24.0%27.9%−7.8 pts−0.7 pts
3 years–+50.8%–78.5%–−32.1 pts
Since launchNot the same days: MAGY Apr 2025 · WDTE Sep 2023+25.7%+49.2%44.0%79.5%−37.0 pts−30.4 pts

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About each fund
MAGY

Over the year to Nov 4, 2026, MAGY paid 24.0% of its starting value in cash distributions while its price fell 26.1%. With every distribution reinvested, the fund returned −1.5%. Magnificent Seven (MAGS) returned +6.3% over the same days, so a holder was behind by 7.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 25.1%, paid weekly. Roundhill estimates that 100% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

WDTE

Over the year to Nov 4, 2026, WDTE paid 27.9% of its starting value in cash distributions while its price fell 15.9%. With every distribution reinvested, the fund returned +14.1%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 0.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 30.3%, paid weekly. Defiance estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, MAGY or WDTE?
Over the year to Nov 4, 2026, MAGY paid 24.0% of its starting price in cash and WDTE paid 27.9%, so WDTE 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 WDTE?
With every distribution reinvested, MAGY returned −1.5% and WDTE +14.1% over the year to Nov 4, 2026.
Which is cheaper, MAGY or WDTE?
MAGY charges 0.99% a year and WDTE charges 1.03%, so MAGY is cheaper. Fees come from each fund's prospectus.
Other comparisons
MAGY vs XYLGMAGY vs XRMIMAGY vs ACSPMAGY vs OEIWDTE vs QVOLWDTE vs YSPCWDTE vs OARKWDTE vs QQDH
Where to next
Magnificent Seven (MAGS) →S&P 500 (SPY) →MAGY on its own →WDTE on its own →MAGY dividend history →MAGY holdings →WDTE dividend history →WDTE holdings →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 ↗
WDTE filings on SEC EDGAR ↗
WDTE prospectus with the expense ratio (SEC) ↗
WDTE 19a-1 distribution notice ↗
Defiance page for WDTE ↗

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.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, MAGY against WDTE, data as of Nov 4, 2026. https://etfiq.com/compare/income/magy-vs-wdte

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