^SPLRCT vs. MAGS

Last updated Apr 2, 2026

Compare and contrast key facts about S&P 500 Information Technology Index (^SPLRCT) and Roundhill Magnificent Seven ETF (MAGS).

MAGS is an actively managed fund by Roundhill. It was launched on Apr 10, 2023.

Performance

^SPLRCT vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 500 Information Technology Index (^SPLRCT) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

^SPLRCT vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
^SPLRCT S&P 500 Information Technology Index	-9.25%	23.31%	35.69%	31.78%
MAGS Roundhill Magnificent Seven ETF	-11.04%	22.99%	63.97%	37.32%

Returns By Period

In the year-to-date period, ^SPLRCT achieves a -9.25% return, which is significantly higher than MAGS's -11.04% return.

^SPLRCT

• 1D: 4.24%
• 1M: -4.73%
• YTD: -9.25%
• 6M: -8.74%
• 1Y: 27.10%
• 3Y*: 25.03%
• 5Y*: 16.73%
• 10Y*: 21.37%

MAGS

• 1D: 1.28%
• 1M: -4.76%
• YTD: -11.04%
• 6M: -8.69%
• 1Y: 27.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^SPLRCT vs. MAGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^SPLRCT

^SPLRCT Risk / Return Rank: 66
^SPLRCT Sharpe Ratio Rank: 70
^SPLRCT Sortino Ratio Rank: 75
^SPLRCT Omega Ratio Rank: 73
^SPLRCT Calmar Ratio Rank: 64
^SPLRCT Martin Ratio Rank: 51

MAGS

MAGS Risk / Return Rank: 56
MAGS Sharpe Ratio Rank: 51
MAGS Sortino Ratio Rank: 59
MAGS Omega Ratio Rank: 54
MAGS Calmar Ratio Rank: 61
MAGS Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^SPLRCT vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 500 Information Technology Index (^SPLRCT) and Roundhill Magnificent Seven ETF (MAGS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	^SPLRCT	MAGS	Difference
Sharpe ratio Return per unit of total volatility	1.04	0.97	+0.08
Sortino ratio Return per unit of downside risk	1.64	1.58	+0.06
Omega ratio Gain probability vs. loss probability	1.23	1.21	+0.02
Calmar ratio Return relative to maximum drawdown	1.54	1.60	-0.06
Martin ratio Return relative to average drawdown	4.72	5.57	-0.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SPLRCT vs. MAGS - Sharpe Ratio Comparison

The current ^SPLRCT Sharpe Ratio is 1.04, which is comparable to the MAGS Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of ^SPLRCT and MAGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^SPLRCT	MAGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.04	0.97	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	1.36	-0.89

Correlation

The correlation between ^SPLRCT and MAGS is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

^SPLRCT vs. MAGS - Drawdown Comparison

The maximum ^SPLRCT drawdown since its inception was -82.51%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for ^SPLRCT and MAGS.

Drawdown Indicators

	^SPLRCT	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-82.51%	-29.91%	-52.60%
Max Drawdown (1Y) Largest decline over 1 year	-18.41%	-18.62%	+0.21%
Max Drawdown (5Y) Largest decline over 5 years	-34.27%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.27%	—	—
Current Drawdown Current decline from peak	-14.95%	-13.78%	-1.17%
Average Drawdown Average peak-to-trough decline	-29.50%	-4.77%	-24.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.01%	5.36%	+0.65%

Volatility

^SPLRCT vs. MAGS - Volatility Comparison

The current volatility for S&P 500 Information Technology Index (^SPLRCT) is 7.66%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 8.50%. This indicates that ^SPLRCT experiences smaller price fluctuations and is considered to be less risky than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SPLRCT	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.66%	8.50%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	15.92%	15.51%	+0.41%
Volatility (1Y) Calculated over the trailing 1-year period	27.29%	28.70%	-1.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.16%	26.28%	-1.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.74%	26.28%	-1.54%