MAGY vs VYM
Roundhill Magnificent Seven Covered Call ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | MAGY | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.04% | |
| AUM | $114M | $81.6B | |
| Dividend Yield | 39.83% | 2.24% | |
| Holdings | 4 | 616 | |
| YTD Return | -14.73% | +14.66% | |
| 1Y Return | -7.94% | +22.16% | |
| 3Y Return (annualized) | - | +18.72% | |
| 5Y Return (annualized) | - | +12.18% | |
| Volatility (annualized) | 18.6% | 14.6% | |
| Max Drawdown | -20.0% | -58.8% | |
| Fund Family | Roundhill Investments | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 23, 2025 | Nov 10, 2006 |
MAGY vs VYM Performance
Roundhill Magnificent Seven Covered Call ETF (MAGY) is a ETF from Roundhill Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MAGY returned -7.94% while VYM returned +22.16%. Year to date, MAGY is down 14.73% versus a gain of 14.66% for VYM.
Risk: Volatility and Drawdowns
MAGY has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 14.6% for VYM. 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 -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MAGY charges 0.99% per year while VYM charges 0.04%. On a $10,000 position that is $99 vs $4 annually, a gap of $95 per year that compounds over a long holding period. On income, MAGY currently yields 39.83% against 2.24% for VYM.
Holdings Overlap
MAGY and VYM share 0 holdings out of 605 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MAGY or VYM?
MAGY has an expense ratio of 0.99% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, MAGY or VYM?
Over the past year MAGY returned -7.94% vs +22.16% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), MAGY annualized +9.83% vs +7.01% for VYM. Past performance does not guarantee future results.
Which is riskier, MAGY or VYM?
MAGY has been the more volatile fund at 18.6% annualized versus 14.6% for VYM. Worst drawdown: MAGY -20.0% vs VYM -58.8%.
Should I hold both MAGY and VYM?
MAGY and VYM have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MAGY and VYM?
MAGY and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 605 unique securities.
Which pays a higher dividend, MAGY or VYM?
MAGY yields 39.83% while VYM yields 2.24%, so MAGY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.