DRAG vs. MAGY

Last updated Jun 4, 2026

DRAG (Roundhill China Dragons ETF) and MAGY (Roundhill Magnificent Seven Covered Call ETF) are both exchange-traded funds - DRAG is a China Equities fund actively managed by Roundhill, while MAGY is a Derivative Income fund actively managed by Roundhill. Both are actively managed. DRAG charges 0.59%/yr vs 0.99%/yr for MAGY.

Performance

DRAG vs. MAGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill China Dragons ETF (DRAG) and Roundhill Magnificent Seven Covered Call ETF (MAGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRAG

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGY

• 1D: -1.26%
• 1M: 1.86%
• YTD: -1.50%
• 6M: -0.71%
• 1Y: 13.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DRAG vs. MAGY - Yearly Performance Comparison

	2026 (YTD)
DRAG Roundhill China Dragons ETF	0.00%
MAGY Roundhill Magnificent Seven Covered Call ETF	2.04%

DRAG vs. MAGY - Sectors Allocation Comparison

Sectors	DRAG	MAGY
Consumer Cyclical	72.4%	-
Communication Services	17.3%	-
Technology	10.2%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	99.9%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

DRAG vs. MAGY — Risk / Return Rank

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

MAGY

MAGY Risk / Return Rank: 24
MAGY Sharpe Ratio Rank: 26
MAGY Sortino Ratio Rank: 24
MAGY Omega Ratio Rank: 26
MAGY Calmar Ratio Rank: 21
MAGY Martin Ratio Rank: 24

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.

DRAG vs. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill China Dragons ETF (DRAG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DRAG	MAGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.53	—

Drawdowns

DRAG vs. MAGY - Drawdown Comparison

The maximum DRAG drawdown since its inception was 0.00%, smaller than the maximum MAGY drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for DRAG and MAGY.

Drawdown Indicators

	DRAG	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-14.29%	+14.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	0.00%	-3.64%	+3.64%
Average Drawdown Average peak-to-trough decline	0.00%	-2.69%	+2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.29%	—

Volatility

Volatility by Period

	DRAG	MAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	14.38%	-14.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	14.57%	-14.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	14.57%	-14.57%

DRAG vs. MAGY - Expense Ratio Comparison

DRAG has a 0.59% expense ratio, which is lower than MAGY's 0.99% expense ratio.

Dividends

DRAG vs. MAGY - Dividend Comparison

DRAG has not paid dividends to shareholders, while MAGY's dividend yield for the trailing twelve months is around 37.35%.

Position	TTM	2025
DRAG Roundhill China Dragons ETF	0.00%	0.00%
MAGY Roundhill Magnificent Seven Covered Call ETF	37.35%	23.38%

Frequently Asked Questions

Which ETF is better, DRAG or MAGY?

On fees, DRAG is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRAG or MAGY?

DRAG is cheaper with a 0.59% expense ratio, compared with 0.99% for MAGY.

Which ETF pays a higher dividend yield, DRAG or MAGY?

MAGY has the higher dividend yield at 37.35%, compared with 0.00% for DRAG.

What is the main difference between DRAG and MAGY?

DRAG is categorized as China Equities, while MAGY is Derivative Income. Their fees differ too: 0.59% for DRAG and 0.99% for MAGY.