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BIGT vs. ^SPXEW
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BIGT and ^SPXEW is 0.83, 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.

BIGT vs. ^SPXEW

Last updated Jun 3, 2025

Compare and contrast key facts about Roundhill Magnificent Seven ETF (BIGT) and S&P 500 Equal Weighted Index (^SPXEW).

BIGT 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: BIGT or ^SPXEW.

Performance

BIGT vs. ^SPXEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Magnificent Seven ETF (BIGT) and S&P 500 Equal Weighted Index (^SPXEW). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BIGT:

0.84

^SPXEW:

0.37

Sortino Ratio

BIGT:

1.28

^SPXEW:

0.76

Omega Ratio

BIGT:

1.17

^SPXEW:

1.11

Calmar Ratio

BIGT:

0.87

^SPXEW:

0.43

Martin Ratio

BIGT:

2.37

^SPXEW:

1.51

Ulcer Index

BIGT:

11.03%

^SPXEW:

5.21%

Daily Std Dev

BIGT:

33.96%

^SPXEW:

17.48%

Max Drawdown

BIGT:

-29.91%

^SPXEW:

-60.83%

Current Drawdown

BIGT:

-8.75%

^SPXEW:

-5.90%

Returns By Period

In the year-to-date period, BIGT achieves a -3.11% return, which is significantly lower than ^SPXEW's 0.58% return.

BIGT

YTD

-3.11%

1M

9.76%

6M

0.88%

1Y

28.43%

3Y*

N/A

5Y*

N/A

10Y*

N/A

^SPXEW

YTD

0.58%

1M

2.53%

6M

-5.64%

1Y

6.48%

3Y*

5.98%

5Y*

10.69%

10Y*

8.02%

*Annualized

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Roundhill Magnificent Seven ETF

S&P 500 Equal Weighted Index

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

BIGT vs. ^SPXEW — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BIGT
The Risk-Adjusted Performance Rank of BIGT is 6767
Overall Rank
The Sharpe Ratio Rank of BIGT is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of BIGT is 7070
Sortino Ratio Rank
The Omega Ratio Rank of BIGT is 6666
Omega Ratio Rank
The Calmar Ratio Rank of BIGT is 7474
Calmar Ratio Rank
The Martin Ratio Rank of BIGT is 5858
Martin Ratio Rank
^SPXEW
The Risk-Adjusted Performance Rank of ^SPXEW is 4545
Overall Rank
The Sharpe Ratio Rank of ^SPXEW is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of ^SPXEW is 4444
Sortino Ratio Rank
The Omega Ratio Rank of ^SPXEW is 4444
Omega Ratio Rank
The Calmar Ratio Rank of ^SPXEW is 5050
Calmar Ratio Rank
The Martin Ratio Rank of ^SPXEW is 5050
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BIGT vs. ^SPXEW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (BIGT) and S&P 500 Equal Weighted Index (^SPXEW). 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.

The current BIGT Sharpe Ratio is 0.84, which is higher than the ^SPXEW Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of BIGT and ^SPXEW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

BIGT vs. ^SPXEW - Drawdown Comparison

The maximum BIGT drawdown since its inception was -29.91%, smaller than the maximum ^SPXEW drawdown of -60.83%. Use the drawdown chart below to compare losses from any high point for BIGT and ^SPXEW.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

BIGT vs. ^SPXEW - Volatility Comparison

Roundhill Magnificent Seven ETF (BIGT) has a higher volatility of 7.47% compared to S&P 500 Equal Weighted Index (^SPXEW) at 4.87%. This indicates that BIGT's price experiences larger fluctuations and is considered to be riskier than ^SPXEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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