MAGY ETF — Roundhill Magnificent Seven WeeklyPay ETF

Roundhill Magnificent Seven WeeklyPay ETF (MAGY)

MAGY is an ETF that tracks the Magnificent Seven Stocks. As of August 20, 2026, its distribution rate is 25.44%, its trailing-12-month yield is 37.56%, its expense ratio is 0.99%. Dividend Vision Distribution Safety Score™ is 41/100 (Caution). Fund total return is 18.8% over the past 1.3 years, 26.9 points behind SPY at 45.7%.

At the current 25.44% distribution rate, a $10,000 investment would generate approximately $2,544 per year, or $212.00 per month on an equivalent basis. Actual weekly payments vary.

Roundhill Magnificent Seven WeeklyPay ETF is an ETF that pursues a covered call strategy, holding shares of the Roundhill Magnificent Seven ETF (MAGS) while simultaneously selling out-of-the-money call options on that same fund to generate income. The fund distributes a high current income rate weekly and carries an expense ratio of 0.99%. This structure appeals to income-focused investors seeking regular cash distributions from large-cap technology and growth stocks, though the covered call approach caps upside potential in exchange for enhanced yield.

MAGY performance versus SPY

Data as of August 20, 2026.

Fund total return is 18.8% over the past 1.3 years, 26.9 points behind SPY at 45.7%. Its deepest 1-year drawdown was 14.3%.

MAGY key facts

Data as of August 20, 2026.

Distribution Safety Score™

41 · Caution

Safety-Adjusted Yield

10.43%

Issuer

Roundhill Investments

Asset type

ETF

Asset class

Equity

Inception date

04/23/2025

Expense ratio

0.99%

Distribution rate

25.44%

Distribution frequency

Weekly

Trailing yield

37.56%

Last close

$41.60

AUM

$112,291,950

Average volume

33387.0

Last dividend

$0.2035

Ex-dividend date

08/21/2026

Payment date

08/24/2026

Beta

1.0227

How Dividend Vision calculates yield and returns

Distribution rate (25.44%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (37.56%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 20, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 20, 2026.

Primary sources: Roundhill Investments fund page; Index: Magnificent Seven Stocks; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MAGY risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 14.3%.

Who may consider MAGY — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Roundhill Investments.