EQQX.DE vs. MAGS

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) and Roundhill Magnificent Seven ETF (MAGS).

EQQX.DE and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQQX.DE is a passively managed fund by Invesco that tracks the performance of the Nasdaq 100®. It was launched on Mar 22, 2021. MAGS is an actively managed fund by Roundhill. It was launched on Apr 10, 2023.

Performance

EQQX.DE vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

EQQX.DE vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc	-4.27%	7.13%	33.88%	29.37%
MAGS Roundhill Magnificent Seven ETF	-9.67%	8.39%	74.79%	35.79%

Different Trading Currencies

EQQX.DE is traded in EUR, while MAGS is traded in USD. To make them comparable, the MAGS values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EQQX.DE achieves a -4.27% return, which is significantly higher than MAGS's -9.67% return.

EQQX.DE

• 1D: 2.52%
• 1M: -2.55%
• YTD: -4.27%
• 6M: -1.23%
• 1Y: 16.20%
• 3Y*: 20.58%
• 5Y*: —
• 10Y*: —

MAGS

• 1D: 0.00%
• 1M: -3.89%
• YTD: -9.67%
• 6M: -7.18%
• 1Y: 18.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EQQX.DE vs. MAGS - Expense Ratio Comparison

EQQX.DE has a 0.20% expense ratio, which is lower than MAGS's 0.29% expense ratio.

MAGS

Roundhill Magnificent Seven ETF

EQQX.DE

Invesco Nasdaq-100 Swap UCITS ETF Acc

Return for Risk

EQQX.DE vs. MAGS — Risk / Return Rank

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

EQQX.DE

EQQX.DE Risk / Return Rank: 45
EQQX.DE Sharpe Ratio Rank: 39
EQQX.DE Sortino Ratio Rank: 40
EQQX.DE Omega Ratio Rank: 40
EQQX.DE Calmar Ratio Rank: 59
EQQX.DE Martin Ratio Rank: 46

MAGS

MAGS Risk / Return Rank: 47
MAGS Sharpe Ratio Rank: 44
MAGS Sortino Ratio Rank: 52
MAGS Omega Ratio Rank: 47
MAGS Calmar Ratio Rank: 46
MAGS Martin Ratio Rank: 43

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.

EQQX.DE vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) 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.

	EQQX.DE	MAGS	Difference
Sharpe ratio Return per unit of total volatility	0.78	0.59	+0.19
Sortino ratio Return per unit of downside risk	1.19	1.05	+0.15
Omega ratio Gain probability vs. loss probability	1.17	1.15	+0.02
Calmar ratio Return relative to maximum drawdown	1.60	1.05	+0.55
Martin ratio Return relative to average drawdown	4.70	3.09	+1.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EQQX.DE vs. MAGS - Sharpe Ratio Comparison

The current EQQX.DE Sharpe Ratio is 0.78, which is higher than the MAGS Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of EQQX.DE and MAGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EQQX.DE	MAGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	0.59	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	1.22	-0.57

Correlation

The correlation between EQQX.DE and MAGS is 0.60, 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.

Dividends

EQQX.DE vs. MAGS - Dividend Comparison

EQQX.DE has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 1.68%.

	TTM	2025	2024	2023
EQQX.DE Invesco Nasdaq-100 Swap UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.68%	1.48%	0.81%	0.44%

Drawdowns

EQQX.DE vs. MAGS - Drawdown Comparison

The maximum EQQX.DE drawdown since its inception was -31.17%, smaller than the maximum MAGS drawdown of -35.73%. Use the drawdown chart below to compare losses from any high point for EQQX.DE and MAGS.

Drawdown Indicators

	EQQX.DE	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-31.17%	-29.91%	-1.26%
Max Drawdown (1Y) Largest decline over 1 year	-13.48%	-18.62%	+5.14%
Current Drawdown Current decline from peak	-7.59%	-14.39%	+6.80%
Average Drawdown Average peak-to-trough decline	-8.22%	-4.78%	-3.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	5.43%	-2.04%

Volatility

EQQX.DE vs. MAGS - Volatility Comparison

The current volatility for Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) is 4.99%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 7.46%. This indicates that EQQX.DE 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.

Volatility by Period

	EQQX.DE	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.99%	7.46%	-2.47%
Volatility (6M) Calculated over the trailing 6-month period	11.90%	15.71%	-3.81%
Volatility (1Y) Calculated over the trailing 1-year period	20.70%	30.80%	-10.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.89%	27.10%	-7.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.89%	27.10%	-7.21%