5SPY.L vs. MAG7.L
5SPY.L (Leverage Shares 5x Long US 500 ETP Securities) and MAG7.L (Leverage Shares 5x Long Magnificent 7 ETP Securities) are both Leveraged Equities funds from Leverage Shares. 5SPY.L is actively managed, while MAG7.L is passively managed. Over the past year, 5SPY.L returned 119.12% vs 126.01% for MAG7.L. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.
Performance
5SPY.L vs. MAG7.L - Performance Comparison
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Returns By Period
In the year-to-date period, 5SPY.L achieves a 35.46% return, which is significantly higher than MAG7.L's -0.37% return.
5SPY.L
- 1D
- 0.00%
- 1M
- 22.23%
- YTD
- 35.46%
- 6M
- 35.04%
- 1Y
- 119.12%
- 3Y*
- 55.62%
- 5Y*
- —
- 10Y*
- —
MAG7.L
- 1D
- 5.22%
- 1M
- 13.25%
- YTD
- -0.37%
- 6M
- -1.40%
- 1Y
- 126.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
5SPY.L vs. MAG7.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
5SPY.L Leverage Shares 5x Long US 500 ETP Securities | 35.46% | 1.52% | 37.10% |
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities | -0.37% | -28.43% | 150.95% |
Correlation
The correlation between 5SPY.L and MAG7.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024 | 0.82 |
The correlation between 5SPY.L and MAG7.L has been stable across timeframes, ranging from 0.81 to 0.82 - a consistent structural relationship.
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Return for Risk
5SPY.L vs. MAG7.L — Risk / Return Rank
5SPY.L
MAG7.L
5SPY.L vs. MAG7.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 5x Long US 500 ETP Securities (5SPY.L) and Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L). 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.
| 5SPY.L | MAG7.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.24 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | 1.75 | +1.02 |
| Martin ratioReturn relative to average drawdown | 9.39 | 4.33 | +5.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 5SPY.L | MAG7.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 1.28 | +0.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.24 | -0.19 |
Drawdowns
5SPY.L vs. MAG7.L - Drawdown Comparison
The maximum 5SPY.L drawdown since its inception was -82.86%, smaller than the maximum MAG7.L drawdown of -91.14%. Use the drawdown chart below to compare losses from any high point for 5SPY.L and MAG7.L.
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Drawdown Indicators
| 5SPY.L | MAG7.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.86% | -91.14% | +8.28% |
Max Drawdown (1Y)Largest decline over 1 year | -42.76% | -71.56% | +28.80% |
Max Drawdown (3Y)Largest decline over 3 years | -72.55% | — | — |
Current DrawdownCurrent decline from peak | -2.73% | -45.38% | +42.65% |
Average DrawdownAverage peak-to-trough decline | -50.64% | -47.28% | -3.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.64% | 28.97% | -16.33% |
Volatility
5SPY.L vs. MAG7.L - Volatility Comparison
The current volatility for Leverage Shares 5x Long US 500 ETP Securities (5SPY.L) is 15.12%, while Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) has a volatility of 27.50%. This indicates that 5SPY.L experiences smaller price fluctuations and is considered to be less risky than MAG7.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 5SPY.L | MAG7.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.12% | 27.50% | -12.38% |
Volatility (6M)Calculated over the trailing 6-month period | 40.00% | 71.68% | -31.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.20% | 97.62% | -42.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.23% | 124.75% | -46.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.23% | 124.75% | -46.52% |
5SPY.L vs. MAG7.L - Expense Ratio Comparison
Both 5SPY.L and MAG7.L have an expense ratio of 0.75%.
Dividends
5SPY.L vs. MAG7.L - Dividend Comparison
Neither 5SPY.L nor MAG7.L has paid dividends to shareholders.
Frequently Asked Questions
5SPY.L and MAG7.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
5SPY.L and MAG7.L have the same expense ratio: 0.75% per year.
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