EGGY vs. MAGY

Last updated Aug 4, 2026

EGGY (NestYield Dynamic Income ETF) and MAGY (Roundhill Magnificent Seven Covered Call ETF) are both Derivative Income funds. Both are actively managed. Over the past year, EGGY returned 21.62% vs 3.42% for MAGY. Their 0.52 correlation means they have sometimes moved together and sometimes differently. EGGY charges 0.95%/yr vs 0.99%/yr for MAGY.

Performance

EGGY vs. MAGY - Performance Comparison

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

Returns By Period

In the year-to-date period, EGGY achieves a 19.46% return, which is significantly higher than MAGY's -5.00% return.

EGGY

• 1D: 5.72%
• 1M: -7.12%
• 6M: 17.15%
• YTD: 19.46%
• 1Y: 21.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.24%

MAGY

• 1D: 1.97%
• 1M: 2.50%
• 6M: -5.82%
• YTD: -5.00%
• 1Y: 3.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.41%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EGGY NestYield Dynamic Income ETF	$4.52M	$4.37M	$3.50M
MAGY Roundhill Magnificent Seven Covered Call ETF	$1.75M	$2.00M	$2.79M

EGGY vs. MAGY - Yearly Performance Comparison

	2026 (YTD)	2025
EGGY NestYield Dynamic Income ETF	19.46%	28.87%
MAGY Roundhill Magnificent Seven Covered Call ETF	-5.00%	26.42%

Correlation

The correlation between EGGY and MAGY is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.51
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.52

The correlation between EGGY and MAGY has been stable across timeframes, ranging from 0.51 to 0.52 - a consistent structural relationship.

Return for Risk

EGGY vs. MAGY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EGGY

EGGY Risk / Return Rank: 25
EGGY Sharpe Ratio Rank: 24
EGGY Sortino Ratio Rank: 26
EGGY Omega Ratio Rank: 28
EGGY Calmar Ratio Rank: 23
EGGY Martin Ratio Rank: 27

MAGY

MAGY Risk / Return Rank: 15
MAGY Sharpe Ratio Rank: 16
MAGY Sortino Ratio Rank: 15
MAGY Omega Ratio Rank: 15
MAGY Calmar Ratio Rank: 15
MAGY Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EGGY vs. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NestYield Dynamic Income ETF (EGGY) 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.

	EGGY	MAGY	Difference
Sharpe ratio: Return per unit of total volatility	0.53	0.20	+0.32
Sortino ratio: Return per unit of downside risk	0.94	0.38	+0.57
Omega ratio: Gain probability vs. loss probability	1.13	1.05	+0.08
Calmar ratio: Return relative to maximum drawdown	0.65	0.24	+0.41
Martin ratio: Return relative to average drawdown	2.23	0.62	+1.61

EGGY vs. MAGY - Sharpe Ratio Comparison

The current EGGY Sharpe Ratio is 0.53, which is higher than the MAGY Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of EGGY and MAGY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EGGY vs. MAGY - Drawdown Comparison

The maximum EGGY drawdown since its inception was -33.60%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for EGGY and MAGY.

Drawdown Indicators

	EGGY	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	-33.60%	-14.29%	-19.31%
Max Drawdown (1Y) Largest decline over 1 year	-33.60%	-14.29%	-19.31%
Current Drawdown Current decline from peak	-20.62%	-7.06%	-13.56%
Average Drawdown Average peak-to-trough decline	-6.07%	-3.42%	-2.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.70%	5.54%	+4.16%

Volatility

EGGY vs. MAGY - Volatility Comparison

NestYield Dynamic Income ETF (EGGY) has a higher volatility of 23.08% compared to Roundhill Magnificent Seven Covered Call ETF (MAGY) at 7.09%. This indicates that EGGY'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.

Volatility by Period

	EGGY	MAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.08%	7.09%	+15.99%
Volatility (6M) Calculated over the trailing 6-month period	37.59%	14.24%	+23.35%
Volatility (1Y) Calculated over the trailing 1-year period	41.33%	16.84%	+24.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.13%	16.24%	+19.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.13%	16.24%	+19.89%

EGGY vs. MAGY - Expense Ratio Comparison

EGGY has a 0.95% expense ratio, which is lower than MAGY's 0.99% expense ratio.

Dividends

EGGY vs. MAGY - Dividend Comparison

EGGY's dividend yield for the trailing twelve months is around 33.26%, less than MAGY's 38.23% yield.

Position	TTM	2025
EGGY NestYield Dynamic Income ETF	33.26%	28.26%
MAGY Roundhill Magnificent Seven Covered Call ETF	38.23%	23.38%

Frequently Asked Questions

Can I hold both EGGY and MAGY in my portfolio?

EGGY and MAGY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EGGY or MAGY?

EGGY has higher volatility (23.08%) compared to MAGY (7.09%). In terms of maximum drawdown, EGGY dropped -33.60% vs MAGY's -14.29%.

Which ETF is better, EGGY or MAGY?

On 1-year performance, EGGY leads with 21.62% vs 3.42% for MAGY. On fees, EGGY is cheaper at 0.95% per year. 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.

Which ETF has performed better, EGGY or MAGY?

Over the 1-year period, EGGY has performed better with a 21.62% return vs 3.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EGGY or MAGY?

EGGY is cheaper with a 0.95% expense ratio, compared with 0.99% for MAGY.

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

MAGY has the higher dividend yield at 38.23%, compared with 33.26% for EGGY.

What is the main difference between EGGY and MAGY?

They also come from different issuers: NestYield and Roundhill. Their fees differ too: 0.95% for EGGY and 0.99% for MAGY.

Which has better risk-adjusted returns?

EGGY currently has the higher Sharpe Ratio (0.53 vs 0.20), 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.