Continuous speech evokes electrophysiological brain activity following the speech envelope (ENV), resembling the N100 responses to single acoustic events. Using magnetoencephalography (MEG), the present study tested further aspects of evoked activity, considering the positive part of the first derivative of the speech envelope (SYL), emphasizing syllable onsets, and a sinosoidal signal representing pitch periodicity (PIT), obtained by 50–180 Hz bandpass filtering of the rectified speech signal. MEG signals, recorded while the participants (n = 10) listened to 4‐s portions of natural or formant‐synthesized speech at a moderately fast or ultrafast speaking rate, were cross‐correlated with ENV, SYL, or PIT. Using dipole models, the cross‐correlated MEG signals were evaluated with respect to latency and amplitude of typical components. As expected, the ENV derivate showed an M100‐like response that was stronger over the right as compared to the left hemisphere. Regarding the SYL derivate, a more anterior component could be isolated, in addition to M50/M100‐like responses in the auditory system, presumably representing a late frontal component of the M50 deflection. The PIT derivate showed multiple peaks of alternating polarity bound to a central‐auditory source. The strength of these MEG components depended on rate and signal type.