GOOW vs. MAGY

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Roundhill Magnificent Seven Covered Call ETF (MAGY).

GOOW and MAGY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOOW is an actively managed fund by Roundhill. It was launched on Jul 24, 2025. MAGY is an actively managed fund by Roundhill. It was launched on Apr 23, 2025.

Performance

GOOW vs. MAGY - Performance Comparison

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

GOOW vs. MAGY - Yearly Performance Comparison

	2026 (YTD)	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	-6.83%	75.51%
MAGY Roundhill Magnificent Seven Covered Call ETF	-9.17%	7.91%

Returns By Period

In the year-to-date period, GOOW achieves a -6.83% return, which is significantly higher than MAGY's -9.17% return.

GOOW

• 1D: 4.18%
• 1M: -3.52%
• YTD: -6.83%
• 6M: 23.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGY

• 1D: 0.52%
• 1M: -4.67%
• YTD: -9.17%
• 6M: -7.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOW vs. MAGY - Expense Ratio Comparison

Both GOOW and MAGY have an expense ratio of 0.99%.

GOOW

Roundhill GOOGL WeeklyPay™ ETF

MAGY

Roundhill Magnificent Seven Covered Call ETF

Return for Risk

GOOW vs. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill GOOGL WeeklyPay™ ETF (GOOW) 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

	GOOW	MAGY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.96	1.10	+1.86

Correlation

The correlation between GOOW and MAGY is 0.59, 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

GOOW vs. MAGY - Dividend Comparison

GOOW's dividend yield for the trailing twelve months is around 33.30%, less than MAGY's 36.95% yield.

	TTM	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	33.30%	19.77%
MAGY Roundhill Magnificent Seven Covered Call ETF	36.95%	23.38%

Drawdowns

GOOW vs. MAGY - Drawdown Comparison

The maximum GOOW drawdown since its inception was -24.88%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for GOOW and MAGY.

Drawdown Indicators

	GOOW	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	-24.88%	-14.29%	-10.59%
Current Drawdown Current decline from peak	-16.70%	-11.14%	-5.56%
Average Drawdown Average peak-to-trough decline	-4.80%	-2.24%	-2.56%

Volatility

Volatility by Period

	GOOW	MAGY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	35.44%	14.84%	+20.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.44%	14.84%	+20.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.44%	14.84%	+20.60%