AOTG vs. MAGS
Compare and contrast key facts about AOT Growth and Innovation ETF (AOTG) and Roundhill Magnificent Seven ETF (MAGS).
AOTG and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AOTG is an actively managed fund by AOT. It was launched on Jun 28, 2022. 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: AOTG or MAGS.
Correlation
The correlation between AOTG and MAGS is 0.77, 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.
Performance
AOTG vs. MAGS - Performance Comparison
Key characteristics
AOTG:
1.42
MAGS:
2.03
AOTG:
1.91
MAGS:
2.61
AOTG:
1.26
MAGS:
1.34
AOTG:
2.35
MAGS:
2.89
AOTG:
7.91
MAGS:
9.02
AOTG:
4.02%
MAGS:
5.81%
AOTG:
22.27%
MAGS:
25.84%
AOTG:
-31.62%
MAGS:
-18.10%
AOTG:
-0.62%
MAGS:
-3.87%
Returns By Period
In the year-to-date period, AOTG achieves a 6.39% return, which is significantly higher than MAGS's 2.08% return.
AOTG
6.39%
3.51%
18.04%
29.14%
N/A
N/A
MAGS
2.08%
0.20%
22.59%
51.32%
N/A
N/A
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AOTG vs. MAGS - Expense Ratio Comparison
AOTG has a 0.75% expense ratio, which is higher than MAGS's 0.29% expense ratio.
Risk-Adjusted Performance
AOTG vs. MAGS — Risk-Adjusted Performance Rank
AOTG
MAGS
AOTG vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AOT Growth and Innovation ETF (AOTG) 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
AOTG vs. MAGS - Dividend Comparison
AOTG has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 0.72%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
AOTG AOT Growth and Innovation ETF | 0.00% | 0.00% | 0.00% |
MAGS Roundhill Magnificent Seven ETF | 0.72% | 0.74% | 0.44% |
Drawdowns
AOTG vs. MAGS - Drawdown Comparison
The maximum AOTG drawdown since its inception was -31.62%, which is greater than MAGS's maximum drawdown of -18.10%. Use the drawdown chart below to compare losses from any high point for AOTG and MAGS. For additional features, visit the drawdowns tool.
Volatility
AOTG vs. MAGS - Volatility Comparison
The current volatility for AOT Growth and Innovation ETF (AOTG) is 6.00%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 6.99%. This indicates that AOTG 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.