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 -69.57% vs -0.06% 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 -44.80% return, which is significantly lower than MAGY's -10.59% return.
COIW
- 1D
- -6.25%
- 1M
- -25.28%
- YTD
- -44.80%
- 6M
- -48.64%
- 1Y
- -69.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAGY
- 1D
- -2.57%
- 1M
- -10.48%
- YTD
- -10.59%
- 6M
- -11.17%
- 1Y
- -0.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIW vs. MAGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
COIW COIN WeeklyPay™ ETF | -44.80% | 12.91% |
MAGY Roundhill Magnificent Seven Covered Call ETF | -10.59% | 26.42% |
Correlation
The correlation between COIW and MAGY is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
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 | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.01 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | -0.00 | -0.93 |
| Martin ratioReturn relative to average drawdown | -1.40 | -0.01 | -1.38 |
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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 | -75.01% | -12.53% | -62.48% |
Average DrawdownAverage peak-to-trough decline | -39.52% | -2.94% | -36.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.83% | 4.71% | +45.12% |
Volatility
COIW vs. MAGY - Volatility Comparison
COIN WeeklyPay™ ETF (COIW) has a higher volatility of 23.13% compared to Roundhill Magnificent Seven Covered Call ETF (MAGY) at 7.09%. 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 | 23.13% | 7.09% | +16.04% |
Volatility (6M)Calculated over the trailing 6-month period | 63.51% | 12.90% | +50.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.07% | 15.58% | +66.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.41% | 15.60% | +74.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.41% | 15.60% | +74.81% |
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 270.96%, more than MAGY's 41.38% yield.
| Position | TTM | 2025 |
|---|---|---|
COIW COIN WeeklyPay™ ETF | 270.96% | 120.37% |
MAGY Roundhill Magnificent Seven Covered Call ETF | 41.38% | 23.38% |
Frequently Asked Questions
COIW and MAGY have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COIW has higher volatility (23.13%) compared to MAGY (7.09%). In terms of maximum drawdown, COIW dropped -75.01% vs MAGY's -14.29%.
On 1-year performance, MAGY leads with -0.06% vs -69.57% for COIW. Both ETFs have the same 0.99% expense ratio. On volatility, MAGY has been the lower-risk option at 7.09%. 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 -0.06% return vs -69.57%. 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 270.96%, compared with 41.38% for MAGY.
MAGY currently has the higher Sharpe Ratio (-0.00 vs -0.85), 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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