IDUB vs MAGY

IDUBBAptus International Enhanced Yield ETF

MAGYDRoundhill Magnificent Seven Covered Call ETF

In short

IDUB Income-overlay funds usually stop at the U.S. border. IDUB goes the other way: an actively managed developed-plus-emerging-markets stock sleeve with a growth and momentum tilt, built to out-yield MSCI AC World ex USA, for 0.44% a year.

MAGY The Magnificent Seven with a weekly options sleeve: MAGY owns Roundhill's equal-weight seven-stock fund and sells calls against it for income, at 0.99% net of a waiver through April 30, 2028.

Stated mandate

IDUB The Fund seeks capital appreciation together with current income.

MAGY The Fund's primary objective is current income, with a secondary objective of gaining exposure to the return of the Roundhill Magnificent Seven ETF.

Why people hold it

• IDUB Rare address for an income-overlay fund: developed and emerging market stocks, with the income goal set against MSCI AC World Index ex USA instead of a U.S. benchmark.
• Charges 0.44% a year, well under the typical fee in its options-income peer group.
• Actively managed with an advertised growth and momentum screen, so the stock side is a selection decision, not a market-cap copy of the index it's measured against.
• Pairs capital appreciation with current income in one mandate, and lands among the stronger implementations in its options-income cohort.

• MAGY Buys MAGS, the equal-weight basket of all seven mega caps rebalanced quarterly, then writes calls on that one ticker instead of juggling seven single-stock overlays.roundhillinvestments.comroundhillinvestments.com 2
• Calls are sold out of the money, so the basket has room to rise to the strike before gains are capped. Premium goes out as weekly distributions.roundhillinvestments.comroundhillinvestments.com 2
• The fee is waived from a 1.19% gross rate to 0.99% through April 30, 2028, a long runway for a fund that launched in 2025.

Worth knowing

• IDUB Income is defined relative to the benchmark's yield, not a fixed payout, so the quarterly distribution moves around and can include return of capital.
• Trades thinly next to the headline U.S. income ETFs, which can mean wider spreads on busy days.
• Going abroad adds currency moves and emerging market country risk that a U.S.-only income fund doesn't carry.

• MAGY That 0.99% sits above the median of its 25-fund options-income group; KNG charges 0.74% and EFAA 0.39% net of a waiver through August 31, 2027.
• Seven stocks, non-diversified. The overlay trims upside above the strike while the basket's drawdowns still flow through to you.roundhillinvestments.com
• Young (April 2025) and among the thinner-traded names in its category, which lands in the lower half of that peer set. Limit orders earn their keep.

Full IDUB profile⁠

Full MAGY profile⁠