Data as of Nov 4, 2026.
TMGN vs TPAY: Dividend Yield & Total Return
TMGN and TPAY both write options for income.
askIQ about this page
askIQ about TMGN and TPAY
Net assets: $2.1m on Nov 4, 2026 for Roundhill S&P 500 Target 10 Managed Distribution ETF, beside TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF.
Not measured
TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
TMGN
+5.2%
5.4% of it arrived as cash
Total return, distributions reinvested
Not measured
TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
TMGN
+5.2%
5.4% of it arrived as cash. Total return, distributions reinvested. TMGN since launch: paid 5.4%, price −0.1%, total +5.2%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.1 pt behind VOO
TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
VOO
+12.6%
TPAY
+11.6%
6.6% of it arrived as cash
1 pt behind VOO
Total return, distributions reinvested
1 pt behind VOO
TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
VOO
+12.6%
TPAY
+11.6%
6.6% cash
1 pt behind VOO
6.6% of it arrived as cash. Both charts share one scale, with zero at the line. TPAY since launch: paid 6.6%, price +4.6%, total +11.6%, VOO +12.6%, −1.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
TPAY costs 0.39 points a year less.
Points (pts) are percentage points.
| Measure | TMGN | TPAY |
|---|---|---|
| Paid and earned | ||
| Price change | fell 0.1% (since Jul 15, 2026) | rose 4.6% (since Feb 18, 2026) |
| Return of capital, issuer estimate | 100% of the Oct 28, 2026 payment | 100% of the Oct 15, 2026 payment |
| Against its benchmark | ||
| Benchmark | not published | Vanguard S&P 500 ETF, measured through VOO |
| Against its benchmark, same days | behind by 1.0 pts | |
| Cost and size | ||
| Expense ratio | 0.88% | 0.49% |
| Net assets | not read by ETFIQ | $2.1m |
| Holdings | ||
| Holdings in common | not published | |
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | TMGN | TPAY | TMGN | TPAY | TMGN | TPAY |
| 3 months | +3.6% | −0.8% | 5.3% | 2.3% | not measured | −0.7 pts |
| 6 months | – | +4.2% | – | 4.7% | – | −0.8 pts |
| Since launchNot the same days: TMGN Jul 2026 · TPAY Feb 2026 | +5.2% | +11.6% | 5.4% | 6.6% | not measured | −1.1 pts |
– means no data for this window. Open this comparison in the app →
TMGN
Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, TMGN paid 5.4% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +5.2%. At its price on Nov 4, 2026 the latest distribution annualizes to 21.7%, paid monthly. TappAlpha estimates that 100% of the distribution paid Oct 28, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
TPAY
Over the period from its first trade on Feb 18, 2026 to Nov 4, 2026, TPAY paid 6.6% of its starting value in cash distributions while its price rose 4.6%. With every distribution reinvested, the fund returned +11.6%. Vanguard S&P 500 ETF (VOO) returned +12.6% over the same days, so a holder was behind by 1.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.5%, paid monthly. Roundhill estimates that 100% of the distribution paid Oct 15, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, TMGN against TPAY, data as of Nov 4, 2026. https://etfiq.com/compare/income/tmgn-vs-tpay
ETFIQ. (Nov 4, 2026). TMGN against TPAY. Retrieved from https://etfiq.com/compare/income/tmgn-vs-tpay
[TMGN against TPAY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/tmgn-vs-tpay)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.