COIW vs. MAGY
COIW (COIN WeeklyPay™ ETF) and MAGY (Roundhill Magnificent Seven Covered Call ETF) are both Derivative Income funds from Roundhill. Both are actively managed. Over the past year, COIW returned -71.27% vs 2.95% for MAGY. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
COIW vs. MAGY - Performance Comparison
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Returns By Period
In the year-to-date period, COIW achieves a -38.16% return, which is significantly lower than MAGY's -5.39% return.
COIW
- 1D
- -2.97%
- 1M
- -6.46%
- 6M
- -42.90%
- YTD
- -38.16%
- 1Y
- -71.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAGY
- 1D
- -1.52%
- 1M
- 0.71%
- 6M
- -4.14%
- YTD
- -5.39%
- 1Y
- 2.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIW vs. MAGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COIW COIN WeeklyPay™ ETF | -38.16% | 12.91% |
MAGY Roundhill Magnificent Seven Covered Call ETF | -5.39% | 26.42% |
Correlation
The correlation between COIW and MAGY is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025 | 0.49 |
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Return for Risk
COIW vs. MAGY — Risk / Return Rank
COIW
MAGY
COIW vs. MAGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for COIN WeeklyPay™ ETF (COIW) and Roundhill Magnificent Seven Covered Call ETF (MAGY). 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.
| COIW | MAGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.05 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 0.21 | -1.16 |
| Martin ratioReturn relative to average drawdown | -1.35 | 0.58 | -1.93 |
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Drawdowns
COIW vs. MAGY - Drawdown Comparison
The maximum COIW drawdown since its inception was -75.01%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for COIW and MAGY.
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Drawdown Indicators
| COIW | MAGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.01% | -14.29% | -60.72% |
Max Drawdown (1Y)Largest decline over 1 year | -75.01% | -14.29% | -60.72% |
Current DrawdownCurrent decline from peak | -72.00% | -7.44% | -64.56% |
Average DrawdownAverage peak-to-trough decline | -40.87% | -3.19% | -37.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.78% | 5.12% | +47.66% |
Volatility
COIW vs. MAGY - Volatility Comparison
COIN WeeklyPay™ ETF (COIW) has a higher volatility of 19.80% compared to Roundhill Magnificent Seven Covered Call ETF (MAGY) at 5.90%. This indicates that COIW's price experiences larger fluctuations and is considered to be riskier than MAGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COIW | MAGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.80% | 5.90% | +13.90% |
Volatility (6M)Calculated over the trailing 6-month period | 64.31% | 13.31% | +51.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.05% | 15.83% | +66.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.57% | 15.56% | +74.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.57% | 15.56% | +74.01% |
COIW vs. MAGY - Expense Ratio Comparison
Both COIW and MAGY have an expense ratio of 0.99%.
Dividends
COIW vs. MAGY - Dividend Comparison
COIW's dividend yield for the trailing twelve months is around 229.45%, more than MAGY's 39.57% yield.
| Position | TTM | 2025 |
|---|---|---|
COIW COIN WeeklyPay™ ETF | 229.45% | 120.37% |
MAGY Roundhill Magnificent Seven Covered Call ETF | 39.57% | 23.38% |
Frequently Asked Questions
COIW and MAGY have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIW has higher volatility (19.80%) compared to MAGY (5.90%). In terms of maximum drawdown, COIW dropped -75.01% vs MAGY's -14.29%.
On 1-year performance, MAGY leads with 2.95% vs -71.27% for COIW. Both ETFs have the same 0.99% expense ratio. On volatility, MAGY has been the lower-risk option at 5.90%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MAGY has performed better with a 2.95% return vs -71.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
COIW and MAGY have the same expense ratio: 0.99% per year.
COIW has the higher dividend yield at 229.45%, compared with 39.57% for MAGY.
MAGY currently has the higher Sharpe Ratio (0.19 vs -0.87), 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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