AMAT vs. MAGS
AMAT (Applied Materials, Inc.) is a stock, while MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill. Over the past 3 years, AMAT returned 60.05%/yr vs 31.29%/yr for MAGS. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
AMAT vs. MAGS - Performance Comparison
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Returns By Period
In the year-to-date period, AMAT achieves a 121.28% return, which is significantly higher than MAGS's -1.59% return.
AMAT
- 1D
- 2.64%
- 1M
- 30.08%
- YTD
- 121.28%
- 6M
- 119.38%
- 1Y
- 234.96%
- 3Y*
- 60.05%
- 5Y*
- 34.02%
- 10Y*
- 38.86%
MAGS
- 1D
- 0.00%
- 1M
- -7.06%
- YTD
- -1.59%
- 6M
- -0.43%
- 1Y
- 23.92%
- 3Y*
- 31.29%
- 5Y*
- —
- 10Y*
- —
AMAT vs. MAGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AMAT Applied Materials, Inc. | 121.28% | 59.60% | 1.13% | 40.08% |
MAGS Roundhill Magnificent Seven ETF | -1.59% | 22.99% | 63.97% | 35.74% |
Correlation
The correlation between AMAT and MAGS is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023 | 0.54 |
The correlation between AMAT and MAGS has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.
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Return for Risk
AMAT vs. MAGS — Risk / Return Rank
AMAT
MAGS
AMAT vs. MAGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMAT | MAGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.20 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 10.67 | 1.25 | +9.43 |
| Martin ratioReturn relative to average drawdown | 30.41 | 4.21 | +26.20 |
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Drawdowns
AMAT vs. MAGS - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for AMAT and MAGS.
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Drawdown Indicators
| AMAT | MAGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.22% | -29.91% | -55.31% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -18.62% | -2.75% |
Max Drawdown (3Y)Largest decline over 3 years | -49.88% | -29.91% | -19.97% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -8.50% | +8.50% |
Average DrawdownAverage peak-to-trough decline | -38.78% | -4.72% | -34.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 5.50% | +1.99% |
Volatility
AMAT vs. MAGS - Volatility Comparison
Applied Materials, Inc. (AMAT) has a higher volatility of 20.52% compared to Roundhill Magnificent Seven ETF (MAGS) at 5.86%. This indicates that AMAT's price experiences larger fluctuations and is considered to be riskier than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMAT | MAGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.52% | 5.86% | +14.66% |
Volatility (6M)Calculated over the trailing 6-month period | 38.83% | 15.07% | +23.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.03% | 20.30% | +28.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.20% | 25.97% | +18.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.94% | 25.97% | +16.97% |
Dividends
AMAT vs. MAGS - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.34%, less than MAGS's 1.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 0.34% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
MAGS Roundhill Magnificent Seven ETF | 1.50% | 1.48% | 0.81% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AMAT and MAGS have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMAT has higher volatility (20.52%) compared to MAGS (5.86%). In terms of maximum drawdown, AMAT dropped -85.22% vs MAGS's -29.91%.
AMAT currently has the higher Sharpe Ratio (4.65 vs 1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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