AAPY vs. MAGS
Compare and contrast key facts about Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) and Roundhill Magnificent Seven ETF (MAGS).
AAPY and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAPY is an actively managed fund by Kurv. It was launched on Oct 26, 2023. MAGS is an actively managed fund by Roundhill. It was launched on Apr 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPY or MAGS.
Key characteristics
| AAPY | MAGS | |
|---|---|---|
| YTD Return | 11.48% | 55.78% |
| 1Y Return | 13.91% | 61.08% |
| Sharpe Ratio | 0.84 | 2.61 |
| Sortino Ratio | 1.25 | 3.26 |
| Omega Ratio | 1.18 | 1.44 |
| Calmar Ratio | 1.12 | 3.58 |
| Martin Ratio | 2.87 | 11.63 |
| Ulcer Index | 4.98% | 5.57% |
| Daily Std Dev | 17.05% | 24.86% |
| Max Drawdown | -12.78% | -18.10% |
| Current Drawdown | -3.47% | -0.42% |
Correlation
The correlation between AAPY and MAGS is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AAPY vs. MAGS - Performance Comparison
In the year-to-date period, AAPY achieves a 11.48% return, which is significantly lower than MAGS's 55.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AAPY vs. MAGS - Expense Ratio Comparison
AAPY has a 0.99% expense ratio, which is higher than MAGS's 0.29% expense ratio.
Risk-Adjusted Performance
AAPY vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) 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.
Dividends
AAPY vs. MAGS - Dividend Comparison
AAPY's dividend yield for the trailing twelve months is around 11.83%, more than MAGS's 0.28% yield.
| TTM | 2023 | |
|---|---|---|
AAPY Kurv Yield Premium Strategy Apple (AAPL) ETF | 11.83% | 2.17% |
MAGS Roundhill Magnificent Seven ETF | 0.28% | 0.44% |
Drawdowns
AAPY vs. MAGS - Drawdown Comparison
The maximum AAPY drawdown since its inception was -12.78%, smaller than the maximum MAGS drawdown of -18.10%. Use the drawdown chart below to compare losses from any high point for AAPY and MAGS. For additional features, visit the drawdowns tool.
Volatility
AAPY vs. MAGS - Volatility Comparison
The current volatility for Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) is 4.31%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 7.63%. This indicates that AAPY 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.