AMDW vs. MAGS

Last updated Jun 4, 2026

AMDW (Roundhill AMD WeeklyPay ETF) and MAGS (Roundhill Magnificent Seven ETF) are both exchange-traded funds - AMDW is a Derivative Income fund actively managed by Roundhill, while MAGS is a Technology Equities fund actively managed by Roundhill. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. AMDW charges 0.99%/yr vs 0.29%/yr for MAGS.

Performance

AMDW vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill AMD WeeklyPay ETF (AMDW) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDW achieves a 192.40% return, which is significantly higher than MAGS's 3.73% return.

AMDW

• 1D: 4.91%
• 1M: 72.80%
• YTD: 192.40%
• 6M: 186.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGS

• 1D: -1.08%
• 1M: 2.17%
• YTD: 3.73%
• 6M: 3.62%
• 1Y: 31.34%
• 3Y*: 33.71%
• 5Y*: —
• 10Y*: —

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

AMDW vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025
AMDW Roundhill AMD WeeklyPay ETF	192.40%	34.24%
MAGS Roundhill Magnificent Seven ETF	3.73%	16.46%

Correlation

The correlation between AMDW and MAGS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.44

AMDW vs. MAGS - Sectors Allocation Comparison

Sectors	AMDW	MAGS
Technology	28.6%	15.3%
Basic Materials	-	-
Communication Services	-	9.3%
Consumer Cyclical	-	10.5%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AMDW vs. MAGS — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 39
MAGS Sharpe Ratio Rank: 44
MAGS Sortino Ratio Rank: 42
MAGS Omega Ratio Rank: 40
MAGS Calmar Ratio Rank: 33
MAGS Martin Ratio Rank: 37

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.

AMDW vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill AMD WeeklyPay ETF (AMDW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AMDW	MAGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.83	1.55	+3.28

Drawdowns

AMDW vs. MAGS - Drawdown Comparison

The maximum AMDW drawdown since its inception was -34.64%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for AMDW and MAGS.

Drawdown Indicators

	AMDW	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-34.64%	-29.91%	-4.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.91%	—
Current Drawdown Current decline from peak	0.00%	-3.55%	+3.55%
Average Drawdown Average peak-to-trough decline	-14.66%	-4.70%	-9.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.37%	—

Volatility

Volatility by Period

	AMDW	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	81.56%	20.08%	+61.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.56%	25.94%	+55.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.56%	25.94%	+55.62%

AMDW vs. MAGS - Expense Ratio Comparison

AMDW has a 0.99% expense ratio, which is higher than MAGS's 0.29% expense ratio.

Dividends

AMDW vs. MAGS - Dividend Comparison

AMDW's dividend yield for the trailing twelve months is around 28.98%, more than MAGS's 1.43% yield.

Position	TTM	2025	2024	2023
AMDW Roundhill AMD WeeklyPay ETF	28.98%	34.78%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.43%	1.48%	0.81%	0.44%

Frequently Asked Questions

Can I hold both AMDW and MAGS in my portfolio?

AMDW and MAGS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMDW or MAGS?

On fees, MAGS is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMDW or MAGS?

MAGS is cheaper with a 0.29% expense ratio, compared with 0.99% for AMDW.

Which ETF pays a higher dividend yield, AMDW or MAGS?

AMDW has the higher dividend yield at 28.98%, compared with 1.43% for MAGS.

What is the main difference between AMDW and MAGS?

AMDW is categorized as Derivative Income, while MAGS is Technology Equities. Their fees differ too: 0.99% for AMDW and 0.29% for MAGS.