MAGY
Roundhill Magnificent Seven Covered Call ETF
MAGY at a glance
MAGY (Roundhill Magnificent Seven Covered Call ETF) currently pays a 20.0% distribution yield, paid weekly. On a $10,000 investment that works out to about $2,000 a year, or roughly $167 a month before taxes. That yield ranks #111 of the 218 income ETFs we track.
It charges an expense ratio of 0.99%, which is on the higher end of the ETFs we track (about $99 a year per $10,000 invested) and it manages $105M in assets.
Yield is only half the story. MAGY's total return since it launched on April 23, 2025 is +26% (about +17% per year), and our data flags price decay, meaning the share price is below where it started. Part of the income has been offset by a shrinking share price, so look at the total return, not just the payout.
How much will MAGY pay you?
At today's yield, before taxes. Open the full MAGY dividend calculator →
Where MAGY ranks
#111 of 218 among income ETFsBetter than 49% of funds → see the listFee rank (lowest)
#126 of 170 cheapest firstBetter than 26% of funds → see the listSize rank
#197 of 271 by assetsBetter than 27% of funds → see the listAnnualized return rank
#41 of 142 funds with 1+ yearBetter than 72% of funds → see the list
ETFs similar to MAGY
| ETF | Yield | $10K / yr | Expense | AUM | Annualized | Price decay | |
|---|---|---|---|---|---|---|---|
| MAGYRoundhill Magnificent Seven Covered Call ETF | 20.0% | $2,000 | 0.99% | $105M | +17% | Yes | This fund |
| RDTERoundhill Russell 2000 0DTE Covered Call Strategy ETF | 20.0% | $2,000 | 0.97% | $184M | +17% | Yes | Compare |
| YBTCRoundhill Bitcoin Covered Call Strategy ETF | 28.0% | $2,800 | 0.96% | $139M | +11% | Yes | Compare |
| QDTERoundhill Innovation-100 0DTE Covered Call Strategy ETF | 20.0% | $2,000 | 0.97% | $945M | +21% | Yes | Compare |
| XDTERoundhill S&P 500 0DTE Covered Call Strategy ETF | 15.0% | $1,500 | 0.97% | $338M | +16% | Yes | Compare |
| YETHRoundhill Ether Covered Call Strategy ETF | 39.0% | $3,900 | 0.96% | $62.0M | -15% | Yes | Compare |
| SDTYYieldMax® S&P 500 0DTE Covered Call ETF | 19.0% | $1,900 | n/a | n/a | n/a | Yes | Compare |
Compare MAGY with
Frequently asked questions
What is MAGY's dividend yield?
MAGY currently has a distribution yield of 20.0%, based on the TopETFs database. Yields change as payouts and the share price move.
How often does MAGY pay dividends?
MAGY pays weekly, which is about 52 payments a year.
How much does $10,000 in MAGY pay?
At a 20.0% yield, $10,000 in MAGY pays about $2,000 a year, or roughly $167 a month before taxes.
What is MAGY's expense ratio?
MAGY charges 0.99% a year, about $99 for every $10,000 invested.
Does MAGY have price decay?
Yes. MAGY's share price is below where it started, so part of its income has been offset by a falling share price. Its total return since inception is +26%.
Disclaimer: For educational purposes only, not financial advice or a recommendation to buy or sell. ETF data comes from the TopETFs database, refreshes daily and may be delayed, incomplete or outdated. Yields are trailing distribution yields and payouts can change or stop. Total return is since the fund's inception. Price chart and quote provided by TradingView and may be delayed. Always check the fund issuer's website and prospectus before investing. Full disclaimer.
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