Two of the market's most popular income ETFs compared side-by-side. See which one fits your yield strategy.
What this means: FLOT is ratedTier 1 (Cornerstone)while MAGC is ratedTier 4 (Harvest).FLOT is structurally lower risk than MAGC.
| Metric | FLOT | MAGC |
|---|---|---|
| Total Return (1Y) | 4.57% | -7.23% |
| NAV Change (1Y) | -0.20% | -11.45% |
| Max Drawdown | -1.94% | 0.00% |
| Beta | - | - |
* Returns include dividend reinvestment. Drawdown calculates peak-to-trough decline over trailing 12 months.
FLOT (iShares Floating Rate Bond ETF) is a conservative dividend growth fund managed by iShares. It focuses on generating income through strategic holdings. With $9.0B in assets under management, this fund has been operational since its inception.
Strategy: Focuses on quality dividend-paying companies with strong balance sheets and consistent payout histories.
MAGC (Roundhill ETF Trust - Roundhill China Magnificent Seven ETF) is a options-based income fund managed by Roundhill. It focuses on generating income through strategic holdings. With significant capital, this fund has been operational since its inception.
Strategy: Generates enhanced income through covered call options on equity holdings, trading upside potential for premium income.
In the head-to-head battle of FLOT vs MAGC, the choice depends on your specific goal. FLOT wins for Immediate Income with a 4.77% yield. However, FLOT is the better choice for Long-Term Growth due to superior total return performance.
Which fund is safer for retirement income? We analyze the yield sustainability and structural risk.
The Bottom Line Question: If you invest $100,000 today, how much cash will you actually receive each month? Here's the exact math:
FLOT
Annual Yield: 4.77%
$398/mo
($4,773/year)
Frequency: monthly
MAGC
Annual Yield: 4.22%
$351/mo
($4,215/year)
Frequency: annual
Income Gap: FLOT generates $557/year more than MAGC on the same $100k investment.
Over 20 years, that's $11,148 in additional cash flow (before reinvestment).
Context Matters: Higher income doesn't always mean better investment. Review the "Yield Trap" and "Total Return" sections above—you want income that's sustainable, not just headline-grabbing.
Historical data reveals how these funds behave during market stress. FLOT has delivered a superior Total Return of 4.57% over the past year.
Every investor has a unique risk profile. Use our Portfolio Intelligence tool to see the impact of adding these ETFs to your holdings.