KSTR vs. MAGC

Last updated Jun 4, 2026

KSTR (KraneShares SSE STAR Market 50 Index ETF) and MAGC (Roundhill China Magnificent Seven ETF) are both China Equities funds. KSTR is passively managed, while MAGC is actively managed. Over the past year, KSTR returned 83.76% vs -19.65% for MAGC. A 0.52 correlation means they provide meaningful diversification when combined. KSTR charges 0.89%/yr vs 0.59%/yr for MAGC.

Performance

KSTR vs. MAGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares SSE STAR Market 50 Index ETF (KSTR) and Roundhill China Magnificent Seven ETF (MAGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KSTR achieves a 32.94% return, which is significantly higher than MAGC's -18.25% return.

KSTR

• 1D: 1.39%
• 1M: 7.01%
• YTD: 32.94%
• 6M: 38.23%
• 1Y: 83.76%
• 3Y*: 16.36%
• 5Y*: -0.21%
• 10Y*: —

MAGC

• 1D: -3.41%
• 1M: -5.47%
• YTD: -18.25%
• 6M: -19.75%
• 1Y: -19.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KSTR vs. MAGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KSTR KraneShares SSE STAR Market 50 Index ETF	32.94%	42.82%	-8.58%
MAGC Roundhill China Magnificent Seven ETF	-18.25%	16.35%	-14.54%

Correlation

The correlation between KSTR and MAGC is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Oct 4, 2024	0.52

The correlation between KSTR and MAGC has been stable across timeframes, ranging from 0.48 to 0.52 - a consistent structural relationship.

Return for Risk

KSTR vs. MAGC — Risk / Return Rank

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

KSTR

KSTR Risk / Return Rank: 71
KSTR Sharpe Ratio Rank: 72
KSTR Sortino Ratio Rank: 64
KSTR Omega Ratio Rank: 65
KSTR Calmar Ratio Rank: 86
KSTR Martin Ratio Rank: 66

MAGC

MAGC Risk / Return Rank: 3
MAGC Sharpe Ratio Rank: 3
MAGC Sortino Ratio Rank: 3
MAGC Omega Ratio Rank: 3
MAGC Calmar Ratio Rank: 4
MAGC Martin Ratio Rank: 3

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.

KSTR vs. MAGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares SSE STAR Market 50 Index ETF (KSTR) and Roundhill China Magnificent Seven ETF (MAGC). 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.

	KSTR	MAGC	Difference
Sharpe ratio: Return per unit of total volatility	2.37	-0.74	+3.11
Sortino ratio: Return per unit of downside risk	3.02	-0.98	+4.00
Omega ratio: Gain probability vs. loss probability	1.40	0.89	+0.50
Calmar ratio: Return relative to maximum drawdown	4.76	-0.60	+5.36
Martin ratio: Return relative to average drawdown	12.06	-1.15	+13.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KSTR vs. MAGC - Sharpe Ratio Comparison

The current KSTR Sharpe Ratio is 2.37, which is higher than the MAGC Sharpe Ratio of -0.74. The chart below compares the historical Sharpe Ratios of KSTR and MAGC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KSTR	MAGC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	-0.74	+3.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	-0.34	+0.34

Drawdowns

KSTR vs. MAGC - Drawdown Comparison

The maximum KSTR drawdown since its inception was -66.46%, which is greater than MAGC's maximum drawdown of -32.86%. Use the drawdown chart below to compare losses from any high point for KSTR and MAGC.

Drawdown Indicators

	KSTR	MAGC	Difference
Max Drawdown Largest peak-to-trough decline	-66.46%	-32.86%	-33.60%
Max Drawdown (1Y) Largest decline over 1 year	-17.70%	-32.86%	+15.16%
Max Drawdown (3Y) Largest decline over 3 years	-41.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-66.46%	—	—
Current Drawdown Current decline from peak	-10.98%	-31.30%	+20.32%
Average Drawdown Average peak-to-trough decline	-38.77%	-15.16%	-23.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.97%	17.09%	-10.12%

Volatility

KSTR vs. MAGC - Volatility Comparison

KraneShares SSE STAR Market 50 Index ETF (KSTR) has a higher volatility of 15.14% compared to Roundhill China Magnificent Seven ETF (MAGC) at 11.15%. This indicates that KSTR's price experiences larger fluctuations and is considered to be riskier than MAGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KSTR	MAGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.14%	11.15%	+3.99%
Volatility (6M) Calculated over the trailing 6-month period	26.21%	19.75%	+6.46%
Volatility (1Y) Calculated over the trailing 1-year period	35.48%	26.82%	+8.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.31%	34.42%	+3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.68%	34.42%	+3.26%

KSTR vs. MAGC - Expense Ratio Comparison

KSTR has a 0.89% expense ratio, which is higher than MAGC's 0.59% expense ratio.

Dividends

KSTR vs. MAGC - Dividend Comparison

KSTR has not paid dividends to shareholders, while MAGC's dividend yield for the trailing twelve months is around 5.02%.

Position	TTM	2025	2024
KSTR KraneShares SSE STAR Market 50 Index ETF	0.00%	0.00%	0.00%
MAGC Roundhill China Magnificent Seven ETF	5.02%	4.10%	1.02%

Frequently Asked Questions

Can I hold both KSTR and MAGC in my portfolio?

KSTR and MAGC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KSTR or MAGC?

KSTR has higher volatility (15.14%) compared to MAGC (11.15%). In terms of maximum drawdown, KSTR dropped -66.46% vs MAGC's -32.86%.

Which ETF is better, KSTR or MAGC?

On 1-year performance, KSTR leads with 83.76% vs -19.65% for MAGC. On fees, MAGC is cheaper at 0.59% per year. On volatility, MAGC has been the lower-risk option at 11.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KSTR or MAGC?

Over the 1-year period, KSTR has performed better with a 83.76% return vs -19.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KSTR or MAGC?

MAGC is cheaper with a 0.59% expense ratio, compared with 0.89% for KSTR.

Which ETF pays a higher dividend yield, KSTR or MAGC?

MAGC has the higher dividend yield at 5.02%, compared with 0.00% for KSTR.

What is the main difference between KSTR and MAGC?

They also come from different issuers: KraneShares and Roundhill. Their fees differ too: 0.89% for KSTR and 0.59% for MAGC.

Which has better risk-adjusted returns?

KSTR currently has the higher Sharpe Ratio (2.37 vs -0.74), 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.