SPCI vs. MAGO

Last updated Jun 24, 2026

SPCI (Tuttle Capital Space Industry Income Blast ETF) and MAGO (Tuttle Capital Magnificent 7 Income Blast ETF) are both Derivative Income funds from Tuttle. SPCI is passively managed, while MAGO is actively managed. At a 0.40 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

SPCI vs. MAGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Space Industry Income Blast ETF (SPCI) and Tuttle Capital Magnificent 7 Income Blast ETF (MAGO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPCI

• 1D: -2.83%
• 1M: -31.76%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGO

• 1D: -1.54%
• 1M: -10.07%
• YTD: -5.64%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPCI vs. MAGO - Yearly Performance Comparison

	2026 (YTD)
SPCI Tuttle Capital Space Industry Income Blast ETF	26.28%
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	1.01%

Correlation

The correlation between SPCI and MAGO is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.40

Return for Risk

SPCI vs. MAGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Space Industry Income Blast ETF (SPCI) and Tuttle Capital Magnificent 7 Income Blast ETF (MAGO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

SPCI vs. MAGO - Drawdown Comparison

The maximum SPCI drawdown since its inception was -41.78%, which is greater than MAGO's maximum drawdown of -18.21%. Use the drawdown chart below to compare losses from any high point for SPCI and MAGO.

Drawdown Indicators

	SPCI	MAGO	Difference
Max Drawdown Largest peak-to-trough decline	-41.78%	-18.21%	-23.57%
Current Drawdown Current decline from peak	-41.78%	-12.08%	-29.70%
Average Drawdown Average peak-to-trough decline	-10.13%	-5.68%	-4.45%

Volatility

Volatility by Period

	SPCI	MAGO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	97.57%	24.22%	+73.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.57%	24.22%	+73.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.57%	24.22%	+73.35%

SPCI vs. MAGO - Expense Ratio Comparison

Both SPCI and MAGO have an expense ratio of 0.99%.

Dividends

SPCI vs. MAGO - Dividend Comparison

SPCI's dividend yield for the trailing twelve months is around 10.13%, more than MAGO's 8.00% yield.

Position	TTM
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	8.00%
SPCI Tuttle Capital Space Industry Income Blast ETF	10.13%

Frequently Asked Questions

Can I hold both SPCI and MAGO in my portfolio?

SPCI and MAGO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SPCI or MAGO?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPCI or MAGO?

SPCI and MAGO have the same expense ratio: 0.99% per year.

Which ETF pays a higher dividend yield, SPCI or MAGO?

SPCI has the higher dividend yield at 10.13%, compared with 8.00% for MAGO.