KNGS vs. MAGS
Compare and contrast key facts about Roundhill S&P Dividend Monarchs ETF (KNGS) and Roundhill Magnificent Seven ETF (MAGS).
KNGS and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KNGS is an actively managed fund by Roundhill. It was launched on Nov 1, 2023. 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: KNGS or MAGS.
Correlation
The correlation between KNGS and MAGS is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
KNGS vs. MAGS - Performance Comparison
Key characteristics
Returns By Period
KNGS
N/A
N/A
N/A
N/A
N/A
N/A
MAGS
-1.56%
-4.64%
12.84%
59.79%
N/A
N/A
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KNGS vs. MAGS - Expense Ratio Comparison
KNGS has a 0.35% expense ratio, which is higher than MAGS's 0.29% expense ratio.
Risk-Adjusted Performance
KNGS vs. MAGS — Risk-Adjusted Performance Rank
KNGS
MAGS
KNGS vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P Dividend Monarchs ETF (KNGS) 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
KNGS vs. MAGS - Dividend Comparison
KNGS has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 0.75%.
TTM | 2024 | 2023 | |
---|---|---|---|
Roundhill S&P Dividend Monarchs ETF | 2.06% | 2.06% | 0.82% |
Roundhill Magnificent Seven ETF | 0.75% | 0.74% | 0.44% |
Drawdowns
KNGS vs. MAGS - Drawdown Comparison
Volatility
KNGS vs. MAGS - Volatility Comparison
The current volatility for Roundhill S&P Dividend Monarchs ETF (KNGS) is 0.00%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 8.13%. This indicates that KNGS 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.