FNGS vs. MAGS
Compare and contrast key facts about MicroSectors FANG+ ETN (FNGS) and Roundhill Magnificent Seven ETF (MAGS).
FNGS and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FNGS is a passively managed fund by BMO Financial Group that tracks the performance of the NYSE FANG+ Index. It was launched on Nov 12, 2019. 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: FNGS or MAGS.
Key characteristics
| FNGS | MAGS | |
|---|---|---|
| YTD Return | 37.92% | 47.50% |
| 1Y Return | 65.71% | 71.35% |
| Sharpe Ratio | 2.78 | 3.02 |
| Sortino Ratio | 3.37 | 3.68 |
| Omega Ratio | 1.46 | 1.50 |
| Calmar Ratio | 3.81 | 4.07 |
| Martin Ratio | 12.48 | 13.28 |
| Ulcer Index | 5.44% | 5.55% |
| Daily Std Dev | 24.46% | 24.42% |
| Max Drawdown | -48.98% | -18.10% |
| Current Drawdown | -2.05% | -1.00% |
Correlation
The correlation between FNGS and MAGS is 0.91, 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
FNGS vs. MAGS - Performance Comparison
In the year-to-date period, FNGS achieves a 37.92% return, which is significantly lower than MAGS's 47.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FNGS vs. MAGS - Expense Ratio Comparison
FNGS has a 0.58% expense ratio, which is higher than MAGS's 0.29% expense ratio.
Risk-Adjusted Performance
FNGS vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MicroSectors FANG+ ETN (FNGS) 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.
Dividends
FNGS vs. MAGS - Dividend Comparison
FNGS has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 0.30%.
| TTM | 2023 | |
|---|---|---|
FNGS MicroSectors FANG+ ETN | 0.00% | 0.00% |
MAGS Roundhill Magnificent Seven ETF | 0.30% | 0.44% |
Drawdowns
FNGS vs. MAGS - Drawdown Comparison
The maximum FNGS drawdown since its inception was -48.98%, which is greater than MAGS's maximum drawdown of -18.10%. Use the drawdown chart below to compare losses from any high point for FNGS and MAGS. For additional features, visit the drawdowns tool.
Volatility
FNGS vs. MAGS - Volatility Comparison
MicroSectors FANG+ ETN (FNGS) and Roundhill Magnificent Seven ETF (MAGS) have volatilities of 5.88% and 5.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.