IBIT vs. MAGS
IBIT (iShares Bitcoin Trust ETF) and MAGS (Roundhill Magnificent Seven ETF) are both exchange-traded funds - IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while MAGS is a Technology Equities fund actively managed by Roundhill. IBIT is passively managed, while MAGS is actively managed. Over the past year, IBIT returned -44.68% vs 18.75% for MAGS. At a 0.39 correlation, their price movements are largely independent. IBIT charges 0.25%/yr vs 0.29%/yr for MAGS.
Performance
IBIT vs. MAGS - Performance Comparison
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Returns By Period
In the year-to-date period, IBIT achieves a -25.70% return, which is significantly lower than MAGS's 1.47% return.
IBIT
- 1D
- 1.49%
- 1M
- 3.57%
- 6M
- -31.99%
- YTD
- -25.70%
- 1Y
- -44.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.65%
MAGS
- 1D
- 0.03%
- 1M
- 2.28%
- 6M
- 3.13%
- YTD
- 1.47%
- 1Y
- 18.75%
- 3Y*
- 31.30%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 36.61%
IBIT vs. MAGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -25.70% | -6.41% | 89.87% |
MAGS Roundhill Magnificent Seven ETF | 1.47% | 22.99% | 61.84% |
Correlation
The correlation between IBIT and MAGS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.39 |
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Return for Risk
IBIT vs. MAGS — Risk / Return Rank
IBIT
MAGS
IBIT vs. MAGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) 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.
| IBIT | MAGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.89 | ||
| Sortino ratioReturn per unit of downside risk | -2.81 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.16 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 1.01 | -1.85 |
| Martin ratioReturn relative to average drawdown | -1.34 | 3.11 | -4.45 |
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Drawdowns
IBIT vs. MAGS - Drawdown Comparison
The maximum IBIT drawdown since its inception was -53.30%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for IBIT and MAGS.
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Drawdown Indicators
| IBIT | MAGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.30% | -29.91% | -23.39% |
Max Drawdown (1Y)Largest decline over 1 year | -53.30% | -18.62% | -34.68% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.91% | — |
Current DrawdownCurrent decline from peak | -48.25% | -5.65% | -42.60% |
Average DrawdownAverage peak-to-trough decline | -17.81% | -4.81% | -13.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.42% | 6.04% | +27.38% |
Volatility
IBIT vs. MAGS - Volatility Comparison
iShares Bitcoin Trust ETF (IBIT) has a higher volatility of 10.67% compared to Roundhill Magnificent Seven ETF (MAGS) at 7.49%. This indicates that IBIT'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.
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Volatility by Period
| IBIT | MAGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.67% | 7.49% | +3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 34.60% | 16.68% | +17.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.40% | 21.47% | +22.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.85% | 26.00% | +23.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.85% | 26.00% | +23.85% |
IBIT vs. MAGS - Expense Ratio Comparison
IBIT has a 0.25% expense ratio, which is lower than MAGS's 0.29% expense ratio.
Dividends
IBIT vs. MAGS - Dividend Comparison
IBIT has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 1.46%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% |
MAGS Roundhill Magnificent Seven ETF | 1.46% | 1.48% | 0.81% | 0.44% |
Frequently Asked Questions
IBIT and MAGS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (10.67%) compared to MAGS (7.49%). In terms of maximum drawdown, IBIT dropped -53.30% vs MAGS's -29.91%.
On 1-year performance, MAGS leads with 18.75% vs -44.68% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, MAGS has been the lower-risk option at 7.49%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MAGS has performed better with a 18.75% return vs -44.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.29% for MAGS.
MAGS has the higher dividend yield at 1.46%, compared with 0.00% for IBIT.
IBIT is categorized as Cryptocurrency, while MAGS is Technology Equities. They also come from different issuers: iShares and Roundhill. Their fees differ too: 0.25% for IBIT and 0.29% for MAGS.
MAGS currently has the higher Sharpe Ratio (0.88 vs -1.01), 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.
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