Roundhill Magnificent Seven Covered Call ETF (MAGY)
| Assets | $201.87M |
| Expense Ratio | 0.99% |
| PE Ratio | n/a |
| Shares Out | 4.07M |
| Dividend (ttm) | $14.53 |
| Dividend Yield | 29.03% |
| Ex-Dividend Date | Feb 6, 2026 |
| Payout Frequency | Weekly |
| Payout Ratio | n/a |
| Volume | 136,368 |
| Open | 49.46 |
| Previous Close | 49.46 |
| Day's Range | 49.38 - 50.18 |
| 52-Week Low | 48.74 |
| 52-Week High | 58.34 |
| Beta | n/a |
| Holdings | 2 |
| Inception Date | Apr 23, 2025 |
About MAGY
Fund Home PageThe Roundhill Magnificent Seven Covered Call ETF (MAGY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund uses a fund-of-funds approach to provide current income and capped gains on MAGS ETF through a covered call strategy. The fund provides long exposure to Magnificent Seven tech companies, while using both standardized exchange-traded and FLEX options. MAGY was launched on Apr 23, 2025 and is issued by Roundhill.
Top Holdings
100.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Roundhill Magnificent Seven ETF | MAGS | 100.02% |
| MAGS 02/13/2026 64.33 C | 2MAGS.260213C00064330 |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 6, 2026 | $0.29789 | Feb 9, 2026 |
| Jan 30, 2026 | $0.34084 | Feb 2, 2026 |
| Jan 23, 2026 | $0.3487 | Jan 26, 2026 |
| Jan 16, 2026 | $0.35247 | Jan 20, 2026 |
| Jan 9, 2026 | $0.36186 | Jan 12, 2026 |
| Jan 2, 2026 | $0.35967 | Jan 5, 2026 |
Performance
News
MAGY Only Makes Sense If You Already Own The Underlying
The Roundhill Magnificent Seven Covered Call ETF is not a true income ETF but a volatility monetization strategy on highly concentrated tech equities. MAGY's high yield comes from selling future upsid...
MAGY: I Don't Want To Cap My Upside And Trigger Taxes
Roundhill Magnificent Seven Covered Call ETF offers high monthly income by applying a covered call strategy to the Mag 7 tech stocks. Despite retail popularity, I am skeptical of MAGY's usefulness due...
MAGY: Monetize Mag 7 Stocks With This Covered Call ETF
Roundhill Magnificent Seven Covered Call ETF offers concentrated exposure to leading AI-driven U.S. technology firms with a high dividend yield. MAGY employs an option overlay strategy, had a 23% TTM ...
Undercovered Dozen: USA Rare Earth, Santacruz Silver, Western Midstream, Visa And More
The Undercovered Dozen spotlights 12 lesser-known stocks and funds with compelling investment theses and recent developments. This week's edition covers articles published between Nov. 28 and Dec. 4, ...
MAGY Vs. YMAG: Magnificent Exposure And Magnificent 'Yields'
Roundhill Magnificent Seven Covered Call ETF (MAGY) and YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) both target high income from the 'Mag 7' tech stocks. Both funds offer massive weekly yi...
MAGY: Seek Exposure For Mag 7, But Caution Is Warranted
Roundhill Magnificent Seven Covered Call ETF offers high weekly income by writing covered calls on mega-cap tech stocks via its MAGS ETF holding. MAGY currently yields an eye-catching 35.53%, but the ...
YMAG Vs. MAGY: Both Have Unique Benefits, But One Is The Better Long-Term Hold
YieldMax Magnificent 7 Fund of Option Income ETFs offers high weekly income via synthetic option writing, with a current yield over 45%. YMAG's synthetic structure leads to higher volatility and NAV d...
MAGY: A Widely Misunderstood Strategy For Regular Income
Roundhill Magnificent Seven Covered Call ETF (MAGY) offers weekly income by layering a covered call strategy on top of MAGS shares, targeting income-focused investors. MAGY delivers a high yield (12.7...
Watching MAGY, Holding YMAG: Income Investors Face A Magnificent Dilemma
YieldMax Magnificent 7 Fund remains a Hold, with strong income focus but limited capital appreciation due to its passive covered call strategy. YMAG lags MAGS in total return growth, while YMAX is pre...
MAGY: Calling Out The Risks On Mag 7 Covered Calls
Roundhill Magnificent Seven Covered Call ETF (MAGY) is rated Hold, offering high income via weekly covered calls on the Magnificent Seven stocks. MAGY boasts a 34.7% distribution rate, but investors s...
Roundhill Announces Distribution Calendar Changes: ETF Lineup to Offer Distributions Every Weekday
YETH will seek to pay weekly distributions starting in July; YBTC and YETH will now trade ex-dividend each Wednesday and pay on Thursday. NEW YORK , June 16, 2025 /PRNewswire/ -- Roundhill Investment...
Roundhill Investments Launches Magnificent Seven Covered Call ETF (MAGY)
MAGY launch expands the firm's Magnificent Seven ETF lineup, which currently has over $1.7 billion in AUM.1 NEW YORK , April 23, 2025 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on i...