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Roundhill Magnificent Seven Covered Call ETF (MAGY)

$53.25

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Key data on MAGY

AUM

$199687500

P/E ratio

--

Dividend yield

2.7042%

Expense ratio

0.99%

Beta

2.05399

Price on MAGY

Previous close

$54.03

Today's open

$53.69

Day's range

$52.69 - $53.83

52 week range

$51.92 - $58.34

Profile about MAGY

Headquarters

US

Exchange

CBOE Global Markets BZX

Issue type

Other

MAGY industries and sectors

Alternatives

Trading Tools

News on MAGY

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, offering fresh investment ideas. The series aims to inspire discussion and help investors discover overlooked opportunities in the market.

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Seeking Alpha • Dec 8, 2025

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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 yields, but investors should expect potential NAV/share price erosion over time due to aggressive distribution policies. In general, valuations for the underlying tech giants are stretched, so some caution is warranted, but income-focused investors may still find some appeal for the long term.

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Seeking Alpha • Nov 30, 2025

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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 payout has been sustained primarily thanks to the broader market recovery since April. Longer term, with such an elevated distribution rate, we likely would start to see NAV erosion.

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Seeking Alpha • Nov 10, 2025

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Need Income? These 3 Dividend ETFs Pay You 52 Times Per Year

Most dividend exchange-traded funds pay out every quarter.

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24/7 Wall Street • Nov 5, 2025

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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 decline, while Roundhill's MAGY provides more price stability and consistent payouts through direct equity exposure. YMAG outperformed MAGY in recent total returns, but its strategy limits upside participation and risks greater NAV erosion over time.

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Seeking Alpha • Oct 30, 2025

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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 preferred for long-term, market-agnostic investors due to better tracking of QQQ. Roundhill Magnificent Seven Covered Call ETF underperforms YMAG despite a more direct structure and lower yield, warranting a Hold and watch status.

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Seeking Alpha • Sep 24, 2025

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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% on a TTM basis, as calculated by Seeking Alpha) and stable NAV, but sacrifices upside price appreciation due to its options strategy, with little downside protection. The fund's performance should be judged by its income generation and NAV stability, not by price or total return versus underlying assets or benchmarks.

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Seeking Alpha • Sep 24, 2025

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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 sacrifice upside potential and face significant downside risk, especially in volatile markets. MAGY's strategy benefits from elevated implied volatility, yet long-term concerns remain about high fees and the sustainability of covered-call ETF outperformance.

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Seeking Alpha • Sep 22, 2025

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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 Investments, an ETF sponsor focused on innovative financial products, announced today that the Roundhill Ether Covered Call Strategy ETF (YETH) will transition from monthly to weekly distributions.

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PRNewsWire • Jun 16, 2025

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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 innovative financial products, is excited to announce the launch of the Roundhill Magnificent Seven Covered Call ETF (MAGY), which begins trading on Cboe BZX today. MAGY seeks to provide current income on a weekly basis by employing a covered call strategy on the Magnificent Seven, a group of stocks that collectively represent roughly 29% of the S&P 500.

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PRNewsWire • Apr 23, 2025

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