GEV vs. MAGS

Last updated Jun 13, 2026

GEV (GE Vernova Inc.) is a stock, while MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill. Over the past year, GEV returned 93.31% vs 23.09% for MAGS. At a 0.45 correlation, their price movements are largely independent.

Performance

GEV vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GE Vernova Inc. (GEV) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GEV achieves a 44.12% return, which is significantly higher than MAGS's -1.59% return.

GEV

• 1D: 3.74%
• 1M: -11.47%
• YTD: 44.12%
• 6M: 40.23%
• 1Y: 93.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGS

• 1D: 0.00%
• 1M: -7.97%
• YTD: -1.59%
• 6M: -0.43%
• 1Y: 23.09%
• 3Y*: 31.29%
• 5Y*: —
• 10Y*: —

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

GEV vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GEV GE Vernova Inc.	44.12%	99.02%	186.24%
MAGS Roundhill Magnificent Seven ETF	-1.59%	22.99%	39.28%

Correlation

The correlation between GEV and MAGS is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 27, 2024	0.45

Return for Risk

GEV vs. MAGS — Risk / Return Rank

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

GEV

GEV Risk / Return Rank: 88
GEV Sharpe Ratio Rank: 89
GEV Sortino Ratio Rank: 87
GEV Omega Ratio Rank: 84
GEV Calmar Ratio Rank: 89
GEV Martin Ratio Rank: 90

MAGS

MAGS Risk / Return Rank: 33
MAGS Sharpe Ratio Rank: 36
MAGS Sortino Ratio Rank: 34
MAGS Omega Ratio Rank: 34
MAGS Calmar Ratio Rank: 29
MAGS Martin Ratio Rank: 32

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.

GEV vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GE Vernova Inc. (GEV) 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.

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.

	GEV	MAGS	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.14	+0.77
Sortino ratio: Return per unit of downside risk	2.68	1.62	+1.05
Omega ratio: Gain probability vs. loss probability	1.33	1.20	+0.13
Calmar ratio: Return relative to maximum drawdown	3.82	1.25	+2.57
Martin ratio: Return relative to average drawdown	11.27	4.21	+7.06

GEV vs. MAGS - Sharpe Ratio Comparison

The current GEV Sharpe Ratio is 1.91, which is higher than the MAGS Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of GEV and MAGS, 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

GEV vs. MAGS - Drawdown Comparison

The maximum GEV drawdown since its inception was -38.29%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for GEV and MAGS.

Drawdown Indicators

	GEV	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-38.29%	-29.91%	-8.38%
Max Drawdown (1Y) Largest decline over 1 year	-24.57%	-18.62%	-5.95%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.91%	—
Current Drawdown Current decline from peak	-18.17%	-8.50%	-9.67%
Average Drawdown Average peak-to-trough decline	-6.99%	-4.72%	-2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.31%	5.50%	+2.81%

Volatility

GEV vs. MAGS - Volatility Comparison

GE Vernova Inc. (GEV) has a higher volatility of 13.17% compared to Roundhill Magnificent Seven ETF (MAGS) at 5.86%. This indicates that GEV's price experiences larger fluctuations and is considered to be riskier than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEV	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.17%	5.86%	+7.31%
Volatility (6M) Calculated over the trailing 6-month period	34.45%	15.07%	+19.38%
Volatility (1Y) Calculated over the trailing 1-year period	49.09%	20.30%	+28.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.62%	25.97%	+27.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.62%	25.97%	+27.65%

Dividends

GEV vs. MAGS - Dividend Comparison

GEV's dividend yield for the trailing twelve months is around 0.16%, less than MAGS's 1.50% yield.

Position	TTM	2025	2024	2023
GEV GE Vernova Inc.	0.16%	0.11%	0.08%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.50%	1.48%	0.81%	0.44%

Frequently Asked Questions

Can I hold both GEV and MAGS in my portfolio?

GEV and MAGS have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GEV or MAGS?

GEV has higher volatility (13.17%) compared to MAGS (5.86%). In terms of maximum drawdown, GEV dropped -38.29% vs MAGS's -29.91%.

Which has better risk-adjusted returns?

GEV currently has the higher Sharpe Ratio (1.91 vs 1.14), 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.