MAGY vs SPYI
Roundhill Magnificent Seven Covered Call ETF compared with Neos S&P 500(R) High Income ETF on yield, payout growth, payment schedule, cost and risk.
MAGY
Roundhill Magnificent Seven Covered Call ETF
TTM yield · Weekly
SPYI
Neos S&P 500(R) High Income ETF
TTM yield · Monthly
Quick take
- MAGY yields more today: 32.55% vs 12.01% (forward).
- MAGY pays every week; SPYI pays every month.
- Over the last year SPYI delivered the higher total return: +12.7% vs +0.3% (price change plus payouts).
- SPYI is cheaper to own: 0.68% vs 0.99% expense ratio.
- SPYI has the steadier distribution: consistency 98/100 vs 83/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MAGY | SPYI |
|---|---|---|
| Share price | $42.91 | $52.64 |
| TTM yield | 32.55% | 12.01% |
| Forward yield | 32.55% | 12.01% |
| Annual payout per share | $13.966 | $6.323 |
| Payment frequency | Weekly | Monthly |
| Next ex-date | Oct 23, 2026 (est.) | Nov 18, 2026 (est.) |
| Expense ratio | 0.99% | 0.68% |
| 1-year payout growth | — | +3.1% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 3 years |
| Payout consistency (last 12) | 83/100 | 98/100 |
| 1-year total return | +0.3% | +12.7% |
| 1-year price return | -24.3% | +0.7% |
| Size (market cap / AUM) | 97.8M | 12.2B |
| Years paying | 1.5 | 4.1 |
| Sector / category | Derivative Income | Derivative Income |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| MAGY | SPYI | |
|---|---|---|
| Shares | 233.0 | 190.0 |
| Income per year | $3,255 | $1,201 |
| Income per month (avg) | $271 | $100 |
At forward yields, before taxes. Model MAGY · Model SPYI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MAGY Oct 30, 2026 | Nov 13, 2026 | $0.2686 | Est. |
| MAGY Nov 6, 2026 | Nov 20, 2026 | $0.2686 | Est. |
| MAGY Nov 13, 2026 | Nov 27, 2026 | $0.2686 | Est. |
| SPYI Nov 18, 2026 | Dec 2, 2026 | $0.5269 | Est. |
| SPYI Dec 16, 2026 | Dec 30, 2026 | $0.5269 | Est. |
| SPYI Jan 13, 2027 | Jan 27, 2027 | $0.5269 | Est. |
Annual payouts per share
MAGYSPYI
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, MAGY or SPYI?
MAGY currently has the higher trailing yield: MAGY yields 32.55% and SPYI yields 12.01%. Yield changes daily with price, so check the live figures above.
How often do MAGY and SPYI pay?
MAGY pays every week and SPYI pays every month. MAGY's next ex-date is Oct 23, 2026 and SPYI's is Nov 18, 2026.
Is MAGY or SPYI better for income?
It depends on what you are optimising for. MAGY and SPYI differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.