Data as of .
MAGY vs XQQI: which paid, and which earned it?
MAGY and XQQI both write options for income.
What they hold in common
By the books each fund has filed, MAGY and XQQI hold 0% of their money in the same securities at the same weight.
| Only in MAGY | Only in XQQI |
|---|---|
| Roundhill Magnificent Seven ETF 100.02% | NVIDIA Corp 8.26% |
| First American Government Obligations Fu 0.36% | Apple Inc 7.25% |
| MAGS 09/25/2026 71.37 C -0.38% | Micron Technology Inc 5.94% |
| Microsoft Corp 4.72% | |
| Amazon.com Inc 4.37% | |
| Advanced Micro Devices Inc 4.36% | |
| Tesla Inc 3.55% | |
| Alphabet Inc 3.50% |
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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MAGY | XQQI | MAGY | XQQI | MAGY | XQQI | |
| 3 months | +3.7% | −2.7% | 6.1% | 4.8% | −3.9 pts | −0.2 pts |
| 6 months | +8.1% | +21.8% | 12.9% | 11.4% | −12.7 pts | −2.4 pts |
| 1 year | +1.8% | not published | 26.5% | not published | −9.4 pts | not published |
| Since launch | +25.6% | +14.3% | 42.0% | 13.7% | −37.5 pts | −2.9 pts |
| MAGY Roundhill Magnificent Seven Covered Call ETF Covered call on MAGS, paying weekly | XQQI NEOS Boosted Nasdaq-100(R) High Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | Roundhill | NEOS |
| Strategy | covered call | option income |
| Benchmark | Magnificent Seven (MAGS) | Nasdaq-100 (QQQ) |
| Pays | weekly | monthly |
| Payout rate, annualized | 19.2% | 20.5% |
| Expense ratio | 0.99% | 0.98% |
| Cash paid, 1 year | 26.5% | 13.7% (since launch on Feb 3, 2026) |
| Price change, 1 year | −25.3% | −0.3% |
| Total return, 1 year | +1.8% | +14.3% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | +11.2% | +17.3% |
| Ahead or behind | −9.4 pts | −2.9 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 513 days | 227 days |
| Net assets | $102m | $351m |
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.
XQQI in plain words
Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XQQI paid 13.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +14.3%. Nasdaq-100 (QQQ) returned +17.3% over the same days, so a holder was behind by 2.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.5%, paid monthly. NEOS estimates that 100% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, MAGY or XQQI?
- MAGY charges 0.99% a year and XQQI charges 0.98%, so XQQI 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 XQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/magy-vs-xqqi Free to use with attribution; the underlying files are at Open data.