ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Roundhill Investments is known for offering specialized ETFs that focus on income generation and thematic investing strategies. The firm operates 42 funds across five distinct families—Core, HALO, Income, Thematic, and WeeklyPay—with a particular emphasis on covered call strategies and weekly distribution products designed to generate regular cash flows. Notable offerings include ticker symbols like AAPW, AMDW, and AMZW (which employ covered call strategies on major technology stocks), along with thematic funds covering areas such as artificial intelligence (CHAT), cryptocurrency mining (DRAM), and other innovative sectors.
See our curated list of related YouTube videos on MAGS.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Invesco is a major player in the ETF space known for offering a broad, diversified lineup of 71 funds spanning multiple investment themes and strategies. Their portfolio spans income-focused funds, factor-based equity strategies, commodity exposure, digital assets, ESG investing, and the popular Invesco QQQ family tracking the Nasdaq-100, serving both income-seeking and growth-oriented investors. The issuer is particularly recognized for specialized offerings like BulletShares (laddered bond funds), sector rotation strategies, and thematic investing options, making it a comprehensive choice for investors seeking varied exposures beyond traditional index funds.
See our curated list of related YouTube videos on QQQ.
Track the Nasdaq-100 Index, which includes 100 of the largest non-financial Nasdaq stocks.
Asset class
Equity
Equity
Inception date
04/11/2023
03/10/1999
Beta
1.33
1.24
Last dividend
$0.9760
$0.7941
Ex-dividend date
12/30/2025
12/21/2026
Bottom lineChoose MAGS if you want higher current income (1.45% vs 0.44% for QQQ). Choose QQQ if you want a growth tilt and can accept bigger swings for higher upside.
Most used
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
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Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
MAGS (Roundhill Magnificent Seven ETF) and QQQ (Invesco QQQ Trust) are both dividend ETFs, but they take different approaches.
MAGS offers the higher yield at 1.45% vs 0.44% for QQQ. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
QQQ is cheaper with an expense ratio of 0.18% compared to 0.29%.
They track different benchmarks: MAGS is linked to Magnificent Seven stocks (equal-weight) while QQQ tracks Nasdaq-100 Index, which means their performance drivers differ.
QQQ is the larger fund by assets ($481B), which generally means tighter spreads and better liquidity.
Who should choose each?
Choose MAGS
Roundhill Magnificent Seven ETF
Want higher current income — MAGS yields 1.45% vs 0.44% for QQQ.
Want broad equity exposure.
Choose QQQ
Invesco QQQ Trust
Want a growth tilt and can accept larger swings for more upside.
Want to keep costs low — a 0.18% expense ratio vs 0.29% for MAGS.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
Deep dive
Yield & income
On a $10,000 investment, MAGS would generate roughly $12.08/month, while QQQ would produce $3.67/month, at current distribution rates.
MAGS yield1.45%
QQQ yield0.44%
Monthly diff on $10K$8.42
Cost & efficiency
Over 10 years on $10,000, MAGS would cost approximately $290 in fees vs $180 for QQQ (simplified, not compounded). The $110.00 difference may be offset by yield or performance.
MAGS ER0.29%
QQQ ER0.18%
Strategy & risk
MAGS tracks Magnificent Seven stocks (equal-weight) with a magnificent seven approach, while QQQ tracks Nasdaq-100 Index with a growth approach. Beta is 1.33 for MAGS and 1.24 for QQQ, indicating QQQ is less volatile relative to the market.
MAGS beta1.33
QQQ beta1.24
Fund details
MAGS is managed by Roundhill Investments (launched 04/11/2023) with $3.57B in assets. QQQ is managed by Invesco (launched 03/10/1999) with $481B in assets.
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Frequently asked questions
Is MAGS or QQQ better for dividend income?
It depends on your goals. MAGS currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between MAGS and QQQ?
MAGS (Roundhill Magnificent Seven ETF) tracks Magnificent Seven stocks (equal-weight) with a magnificent seven approach, while QQQ (Invesco QQQ Trust) tracks Nasdaq-100 Index with a growth approach. They are issued by Roundhill Investments and Invesco respectively.
Can I hold both MAGS and QQQ?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, MAGS or QQQ?
MAGS has an expense ratio of 0.29% while QQQ charges 0.18%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in MAGS vs QQQ generate?
At current rates, $10,000 in MAGS would generate roughly $12.08 per month ($145.00 annually). The same in QQQ would produce about $3.67 per month ($44.00 annually).
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