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ETFIQetfiq.com · independent ETF data

Data as of .

MAGY vs XSHP: which paid, and which earned it?

MAGY and XSHP both write options for income.

Roundhill Magnificent Seven Covered Call ETF and Kurv SpaceX (SPAX) Enhanced Income ETF.

26.5%MAGY cash paid, 1 year
7.3%XSHP cash paid, 1 year
+1.8%MAGY total return, 1 year
−13.1%XSHP total return, 1 year
MAGY9.4 pts behind MAGS · 1 year to Sep 18, 2026
MAGS+11.2%MAGY+1.8%9.4 pts behind MAGSTotal return, distributions reinvestedMAGS+11.2%MAGY+1.8%9.4 pts behind MAGS
XSHP16.4 pts behind SPY · since launch to Sep 18, 2026
SPY+3.3%XSHP−13.1%16.4 pts behind SPYTotal return, distributions reinvestedSPY+3.3%XSHP−13.1%16.4 pts behind SPY

Performance, window by window

MAGY and XSHP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
MAGYXSHPMAGYXSHPMAGYXSHP
3 months+3.7%−11.0%6.1%7.4%−3.9 pts−13.3 pts
6 months+8.1%not published12.9%not published−12.7 ptsnot published
1 year+1.8%not published26.5%not published−9.4 ptsnot published
Since launch+25.6%−13.1%42.0%7.3%−37.5 pts−16.4 pts
Open the live comparison on ETFIQ
MAGY and XSHP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
MAGY
Roundhill Magnificent Seven Covered Call ETF
Covered call on MAGS, paying weekly
XSHP
Kurv SpaceX (SPAX) Enhanced Income ETF
Covered call on SPY, paying monthly
IssuerRoundhillKurv
Strategycovered callcovered call
BenchmarkMagnificent Seven (MAGS)S&P 500 (SPY), used as the proxy
Paysweeklymonthly
Payout rate, annualized19.2%33.5%
Expense ratio0.99%0.99%
Cash paid, 1 year26.5%7.3% (since launch on Jun 17, 2026)
Price change, 1 year−25.3%−21.8%
Total return, 1 year+1.8%−13.1% (since launch on Jun 17, 2026)
Benchmark return, 1 year+11.2%+3.3%
Ahead or behind−9.4 pts−16.4 pts
Return of capital, latest estimatenot published94%
Age513 days93 days
Net assets$102m$7m

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.

XSHP in plain words

Over the period since launch on Jun 17, 2026 to Sep 18, 2026, XSHP paid 7.3% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned −13.1%. S&P 500 (SPY), used as the proxy returned +3.3% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 33.5%, paid monthly. Kurv estimates that 94% of the distribution paid Sep 3, 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 XSHP?
MAGY charges 0.99% a year and XSHP charges 0.99%, 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.

MAGY against XSHP, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, MAGY against XSHP, data as of Sep 18, 2026. https://etfiq.com/compare/income/magy-vs-xshp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources