MAGY vs VYM
Roundhill Magnificent Seven Covered Call ETF vs Vanguard High Dividend Yield ETF
Which is better, MAGY or VYM?
Option Writing against Large Cap Value.
VYM has a lower expense ratio. VYM 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 | VYM |
|---|---|---|
| Expense Ratio | 0.99% | 0.04%Best |
| AUM | $105M | $81.6B |
| Dividend Yield | 36.94% | 2.22% |
| Holdings | 4 | 613 |
| YTD Return | -12.32% | +13.91%Best |
| 1Y Return | -9.83% | +17.57%Best |
| 3Y Return (annualized) | - | +18.12% |
| 5Y Return (annualized) | - | +12.17% |
| Volatility (annualized) | 18.0% | 8.6%Best |
| Max Drawdown | -20.0% | -6.7%Best |
| $10,000 over 1.4 years | $11,662 | $13,840Best |
| Fund Family | Roundhill Investments | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Apr 23, 2025 | Nov 10, 2006 |
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 VYM 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 VYM Performance
Roundhill Magnificent Seven Covered Call ETF (MAGY) is an ETF from Roundhill Investments and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MAGY returned -9.83% while VYM returned +17.57%. Year to date, MAGY is down 12.32% versus a gain of 13.91% for VYM.
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 8.6% 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 -6.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
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 36.94% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 2 holdings in MAGY and 603 in VYM, totalling 100.2% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 63 days apart, MAGY as of Sep 1, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 2 positions we hold weights for in MAGY and 603 in VYM, against full books of 4 and 613.
You are not choosing between two funds in isolation.
Whichever of MAGY and VYM 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 VYM?
MAGY has an expense ratio of 0.99% while VYM charges 0.04%. VYM is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, MAGY or VYM?
Over the past year MAGY returned -9.83% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (1 years), MAGY annualized +11.61% vs +26.13% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAGY or VYM?
MAGY has been the more volatile fund at 18.0% annualized versus 8.6% for VYM. Worst drawdown: MAGY -20.0% vs VYM -6.7%.
Should I hold both MAGY and VYM?
MAGY and VYM have a monthly-return correlation of 0.33, 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 VYM?
MAGY yields 36.94% while VYM yields 2.22%, so MAGY currently pays the higher dividend yield.
Is VYM better than MAGY?
VYM has a lower expense ratio. VYM 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.