Correlation
The correlation between DISO and MAGS is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
DISO vs. MAGS
Compare and contrast key facts about YieldMax DIS Option Income Strategy ETF (DISO) and Roundhill Magnificent Seven ETF (MAGS).
DISO and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DISO is an actively managed fund by YieldMax. It was launched on Aug 24, 2023. MAGS 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: DISO or MAGS.
Performance
DISO vs. MAGS - Performance Comparison
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Key characteristics
DISO:
0.39
MAGS:
0.81
DISO:
0.66
MAGS:
1.24
DISO:
1.10
MAGS:
1.16
DISO:
0.33
MAGS:
0.84
DISO:
1.00
MAGS:
2.27
DISO:
8.90%
MAGS:
11.02%
DISO:
23.70%
MAGS:
34.05%
DISO:
-26.62%
MAGS:
-29.91%
DISO:
-5.13%
MAGS:
-9.41%
Returns By Period
In the year-to-date period, DISO achieves a -1.65% return, which is significantly higher than MAGS's -3.80% return.
DISO
-1.65%
16.89%
-4.83%
7.50%
N/A
N/A
N/A
MAGS
-3.80%
10.33%
1.96%
27.51%
N/A
N/A
N/A
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DISO vs. MAGS - Expense Ratio Comparison
DISO has a 1.01% expense ratio, which is higher than MAGS's 0.29% expense ratio.
Risk-Adjusted Performance
DISO vs. MAGS — Risk-Adjusted Performance Rank
DISO
MAGS
DISO vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax DIS Option Income Strategy ETF (DISO) 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.
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Dividends
DISO vs. MAGS - Dividend Comparison
DISO's dividend yield for the trailing twelve months is around 35.27%, more than MAGS's 0.84% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
DISO YieldMax DIS Option Income Strategy ETF | 35.27% | 37.33% | 6.87% |
MAGS Roundhill Magnificent Seven ETF | 0.84% | 0.81% | 0.44% |
Drawdowns
DISO vs. MAGS - Drawdown Comparison
The maximum DISO drawdown since its inception was -26.62%, smaller than the maximum MAGS drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for DISO and MAGS.
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Volatility
DISO vs. MAGS - Volatility Comparison
The current volatility for YieldMax DIS Option Income Strategy ETF (DISO) is 7.76%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 8.41%. This indicates that DISO 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.
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