- ISIN
- US77926X6682
- CUSIP
- 77926X668
- Issuer
- Roundhill
- Inception Date
- Apr 23, 2025
- Category
- Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $148M
Share Price Chart
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Performance
MAGY Performance Chart
Roundhill Magnificent Seven Covered Call ETF (MAGY) is down 6.1% since the beginning of the year. MAGY is currently trading at $44 per share.
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Returns By Period
Roundhill Magnificent Seven Covered Call ETF (MAGY) has returned -6.05% so far this year and 6.12% over the past 12 months.
Roundhill Magnificent Seven Covered Call ETF
- 1D
- -2.22%
- 1M
- -5.42%
- YTD
- -6.05%
- 6M
- -3.83%
- 1Y
- 6.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.21%
- 1M
- 0.23%
- YTD
- 8.39%
- 6M
- 10.39%
- 1Y
- 24.03%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.61%
MAGY Monthly Returns History
Based on dividend-adjusted daily data since Apr 23, 2025, MAGY's average daily return is +0.06%, while the average monthly return is +1.26%. At this rate, an investment would double in approximately 4.6 years.
Historically, 73% of months were positive and 27% were negative. The best month was May 2025 with a return of +8.3%, while the worst month was Jun 2026 at -7.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.
On a daily basis, MAGY closed higher 59% of trading days. The best single day was Mar 31, 2026 with a return of +3.0%, while the worst single day was Jun 5, 2026 at -3.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.93% | -5.97% | -4.78% | 6.07% | 5.93% | -7.47% | -6.05% | ||||||
| 2025 | 0.46% | 8.26% | 4.17% | 4.88% | 0.39% | 3.30% | 3.89% | -2.59% | 1.38% | 26.42% |
Benchmark Metrics
Roundhill Magnificent Seven Covered Call ETF has an annualized alpha of -12.61%, beta of 0.98, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since April 23, 2025.
- This ETF participated in 185.24% of S&P 500 Index downside but only 78.68% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -12.61% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.98 and R2 of 0.67, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -12.61%
- Beta
- 0.98
- R²
- 0.67
- Upside Capture
- 78.68%
- Downside Capture
- 185.24%
Expense Ratio
MAGY has a high expense ratio of 0.99%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MAGY ranks 14 for risk / return — in the bottom 14% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Roundhill Magnificent Seven Covered Call ETF (MAGY) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MAGY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.35 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 2.65 | -2.22 |
| Martin ratioReturn relative to average drawdown | 1.36 | 11.88 | -10.52 |
Dividends
Dividend History
Roundhill Magnificent Seven Covered Call ETF provided a 39.32% dividend yield over the last twelve months, with an annual payout of $17.13 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $17.13 | $12.47 |
Dividend yield | 39.32% | 23.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Roundhill Magnificent Seven Covered Call ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $1.76 | $1.16 | $1.11 | $1.03 | $1.21 | $0.45 | $6.72 | ||||||
| 2025 | $1.51 | $1.20 | $1.52 | $1.91 | $1.51 | $1.88 | $1.49 | $1.44 | $12.47 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Roundhill Magnificent Seven Covered Call ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Roundhill Magnificent Seven Covered Call ETF was 14.29%, occurring on Mar 27, 2026. The portfolio has not yet recovered.
The current Roundhill Magnificent Seven Covered Call ETF drawdown is 8.09%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 correction2026 | -14.29%Mar 2026 | 4mo 23d | — | 7mo 16dNov 2025 - now |
2025 pullback2025 | -2.81%Aug 2025 | 3d | 5d | 8dAug 2025 - Aug 2025 |
2025 pullback2025 | -2.75%Oct 2025 | 0s | 10d | 10dOct 2025 - Oct 2025 |
2025 pullback2025 | -2.26%Aug 2025 | 0s | 14d | 14dAug 2025 - Aug 2025 |
2025 selloff2025 | -2.20%Jun 2025 | 0s | 4d | 4dJun 2025 - Jun 2025 |
Drawdown Indicators
| MAGY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.29% | -56.78% | +42.49% |
Max Drawdown (1Y)Largest decline over 1 year | -14.29% | -9.10% | -5.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -8.09% | -2.49% | -5.60% |
Average DrawdownAverage peak-to-trough decline | -2.82% | -10.72% | +7.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.51% | 2.03% | +2.48% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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