MAGY vs SCHD
Roundhill Magnificent Seven Covered Call ETF vs Schwab US Dividend Equity ETF
Which is better, MAGY or SCHD?
Option Writing against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MAGY | SCHD |
|---|---|---|
| Expense Ratio | 0.99% | 0.06%Best |
| AUM | $105M | $112.1B |
| Dividend Yield | 36.94% | 3.00% |
| Holdings | 4 | 103 |
| YTD Return | -12.32% | +25.07%Best |
| 1Y Return | -9.83% | +27.61%Best |
| 3Y Return (annualized) | - | +15.74% |
| 5Y Return (annualized) | - | +9.89% |
| Volatility (annualized) | 18.0% | 11.9%Best |
| Max Drawdown | -20.0% | -4.6%Best |
| $10,000 over 1.4 years | $11,662 | $14,102Best |
| Fund Family | Roundhill Investments | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Apr 23, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Apr 23, 2025 to Sep 11, 2026 (1.4 years).
MAGY vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.4 years both funds cover.
MAGY vs SCHD Performance
Roundhill Magnificent Seven Covered Call ETF (MAGY) is an ETF from Roundhill Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MAGY returned -9.83% while SCHD returned +27.61%. Year to date, MAGY is down 12.32% versus a gain of 25.07% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAGY has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 11.9% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.0% for MAGY and -4.6% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.03. They move largely independently of each other.
Fees and Cost Over Time
MAGY charges 0.99% per year while SCHD charges 0.06%. On a $10,000 position that is $99 vs $6 annually, a gap of $93 per year that compounds over a long holding period. On income, MAGY currently yields 36.94% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 2 holdings in MAGY and 100 in SCHD, totalling 100.2% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in MAGY and 100 in SCHD, against full books of 4 and 103.
You are not choosing between two funds in isolation.
Whichever of MAGY and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MAGY or SCHD?
MAGY has an expense ratio of 0.99% while SCHD charges 0.06%. SCHD is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, MAGY or SCHD?
Over the past year MAGY returned -9.83% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), MAGY annualized +11.61% vs +27.83% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAGY or SCHD?
MAGY has been the more volatile fund at 18.0% annualized versus 11.9% for SCHD. Worst drawdown: MAGY -20.0% vs SCHD -4.6%.
Should I hold both MAGY and SCHD?
MAGY and SCHD have a monthly-return correlation of -0.03, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MAGY or SCHD?
MAGY yields 36.94% while SCHD yields 3.00%, so MAGY currently pays the higher dividend yield.
Is SCHD better than MAGY?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.