DEMZ vs. MAGA
Compare and contrast key facts about Democratic Large Cap Core ETF (DEMZ) and Point Bridge GOP Stock Tracker ETF (MAGA).
DEMZ and MAGA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DEMZ is a passively managed fund by Reflection Asset Management, LLC that tracks the performance of the Democratic Large Cap Core Index. It was launched on Nov 2, 2020. MAGA is a passively managed fund by Point Bridge Capital that tracks the performance of the Point Bridge GOP Stock Tracker Index. It was launched on Sep 6, 2017. Both DEMZ and MAGA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEMZ or MAGA.
Key characteristics
| DEMZ | MAGA | |
|---|---|---|
| YTD Return | 24.32% | 23.21% |
| 1Y Return | 34.74% | 37.31% |
| 3Y Return (Ann) | 8.54% | 10.75% |
| Sharpe Ratio | 2.75 | 3.10 |
| Sortino Ratio | 3.69 | 4.53 |
| Omega Ratio | 1.50 | 1.56 |
| Calmar Ratio | 4.39 | 4.74 |
| Martin Ratio | 17.02 | 17.79 |
| Ulcer Index | 2.14% | 2.18% |
| Daily Std Dev | 13.24% | 12.51% |
| Max Drawdown | -27.17% | -43.17% |
| Current Drawdown | -0.41% | 0.00% |
Correlation
The correlation between DEMZ and MAGA is 0.72, 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
DEMZ vs. MAGA - Performance Comparison
The year-to-date returns for both stocks are quite close, with DEMZ having a 24.32% return and MAGA slightly lower at 23.21%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DEMZ vs. MAGA - Expense Ratio Comparison
DEMZ has a 0.45% expense ratio, which is lower than MAGA's 0.72% expense ratio.
Risk-Adjusted Performance
DEMZ vs. MAGA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Democratic Large Cap Core ETF (DEMZ) and Point Bridge GOP Stock Tracker ETF (MAGA). 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
DEMZ vs. MAGA - Dividend Comparison
DEMZ's dividend yield for the trailing twelve months is around 0.73%, less than MAGA's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
DEMZ Democratic Large Cap Core ETF | 0.73% | 0.90% | 0.98% | 2.46% | 0.27% | 0.00% | 0.00% | 0.00% |
MAGA Point Bridge GOP Stock Tracker ETF | 1.30% | 1.60% | 1.33% | 0.69% | 2.59% | 2.19% | 2.14% | 0.43% |
Drawdowns
DEMZ vs. MAGA - Drawdown Comparison
The maximum DEMZ drawdown since its inception was -27.17%, smaller than the maximum MAGA drawdown of -43.17%. Use the drawdown chart below to compare losses from any high point for DEMZ and MAGA. For additional features, visit the drawdowns tool.
Volatility
DEMZ vs. MAGA - Volatility Comparison
The current volatility for Democratic Large Cap Core ETF (DEMZ) is 3.68%, while Point Bridge GOP Stock Tracker ETF (MAGA) has a volatility of 4.78%. This indicates that DEMZ experiences smaller price fluctuations and is considered to be less risky than MAGA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.