CCFAX vs. MAGS

Last updated Jun 4, 2026

CCFAX (American Funds College 2036 Fund) and MAGS (Roundhill Magnificent Seven ETF) are both funds - CCFAX is a Diversified Portfolio fund managed by American Funds, while MAGS is a Technology Equities fund actively managed by Roundhill. Over the past 3 years, CCFAX returned 15.85%/yr vs 33.71%/yr for MAGS. A 0.71 correlation means they provide meaningful diversification when combined. CCFAX charges 0.43%/yr vs 0.29%/yr for MAGS.

Performance

CCFAX vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds College 2036 Fund (CCFAX) 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, CCFAX achieves a 6.79% return, which is significantly higher than MAGS's 3.73% return.

CCFAX

• 1D: 0.21%
• 1M: 2.96%
• YTD: 6.79%
• 6M: 7.25%
• 1Y: 18.26%
• 3Y*: 15.85%
• 5Y*: 7.64%
• 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)

CCFAX vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CCFAX American Funds College 2036 Fund	6.79%	16.36%	13.70%	12.25%
MAGS Roundhill Magnificent Seven ETF	3.73%	22.99%	63.97%	37.32%

Correlation

The correlation between CCFAX and MAGS is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Apr 12, 2023	0.71

The correlation between CCFAX and MAGS has been stable across timeframes, ranging from 0.69 to 0.71 - a consistent structural relationship.

Return for Risk

CCFAX vs. MAGS — Risk / Return Rank

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

CCFAX

CCFAX Risk / Return Rank: 61
CCFAX Sharpe Ratio Rank: 62
CCFAX Sortino Ratio Rank: 63
CCFAX Omega Ratio Rank: 62
CCFAX Calmar Ratio Rank: 54
CCFAX Martin Ratio Rank: 64

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.

CCFAX vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds College 2036 Fund (CCFAX) 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.

	CCFAX	MAGS	Difference
Sharpe ratio: Return per unit of total volatility	2.33	1.57	+0.76
Sortino ratio: Return per unit of downside risk	3.33	2.15	+1.17
Omega ratio: Gain probability vs. loss probability	1.44	1.27	+0.17
Calmar ratio: Return relative to maximum drawdown	2.82	1.69	+1.13
Martin ratio: Return relative to average drawdown	12.56	5.85	+6.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCFAX vs. MAGS - Sharpe Ratio Comparison

The current CCFAX Sharpe Ratio is 2.33, which is higher than the MAGS Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of CCFAX and MAGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CCFAX	MAGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	1.57	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	1.55	-0.88

Drawdowns

CCFAX vs. MAGS - Drawdown Comparison

The maximum CCFAX drawdown since its inception was -25.80%, smaller than the maximum MAGS drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for CCFAX and MAGS.

Drawdown Indicators

	CCFAX	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-25.80%	-29.91%	+4.11%
Max Drawdown (1Y) Largest decline over 1 year	-6.63%	-18.62%	+11.99%
Max Drawdown (3Y) Largest decline over 3 years	-11.04%	-29.91%	+18.87%
Max Drawdown (5Y) Largest decline over 5 years	-25.34%	—	—
Current Drawdown Current decline from peak	0.00%	-3.55%	+3.55%
Average Drawdown Average peak-to-trough decline	-5.17%	-4.70%	-0.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	5.37%	-3.88%

Volatility

CCFAX vs. MAGS - Volatility Comparison

The current volatility for American Funds College 2036 Fund (CCFAX) is 2.35%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 4.80%. This indicates that CCFAX 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.

Volatility by Period

	CCFAX	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	4.80%	-2.45%
Volatility (6M) Calculated over the trailing 6-month period	6.33%	14.31%	-7.98%
Volatility (1Y) Calculated over the trailing 1-year period	8.04%	20.08%	-12.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.50%	25.94%	-14.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.33%	25.94%	-12.61%

CCFAX vs. MAGS - Expense Ratio Comparison

CCFAX has a 0.43% expense ratio, which is higher than MAGS's 0.29% expense ratio.

Dividends

CCFAX vs. MAGS - Dividend Comparison

CCFAX's dividend yield for the trailing twelve months is around 6.65%, more than MAGS's 1.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CCFAX American Funds College 2036 Fund	6.65%	7.10%	5.41%	1.75%	4.66%	7.82%	4.37%	2.61%	1.20%
MAGS Roundhill Magnificent Seven ETF	1.43%	1.48%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CCFAX and MAGS in my portfolio?

CCFAX and MAGS have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCFAX or MAGS?

MAGS has higher volatility (4.80%) compared to CCFAX (2.35%). In terms of maximum drawdown, CCFAX dropped -25.80% vs MAGS's -29.91%.

Which has better risk-adjusted returns?

CCFAX currently has the higher Sharpe Ratio (2.33 vs 1.57), 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.