KTEC vs. MAGC

Last updated Apr 2, 2026

Compare and contrast key facts about KraneShares Hang Seng TECH Index ETF (KTEC) and Roundhill China Magnificent Seven ETF (MAGC).

KTEC and MAGC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KTEC is a passively managed fund by KraneShares that tracks the performance of the Hang Seng Tech Index. It was launched on Jun 8, 2021. MAGC is an actively managed fund by Roundhill. It was launched on Oct 3, 2024.

Performance

KTEC vs. MAGC - Performance Comparison

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

KTEC vs. MAGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KTEC KraneShares Hang Seng TECH Index ETF	-13.03%	21.01%	-12.78%
MAGC Roundhill China Magnificent Seven ETF	-13.26%	16.35%	-14.54%

Returns By Period

The year-to-date returns for both stocks are quite close, with KTEC having a -13.03% return and MAGC slightly lower at -13.26%.

KTEC

• 1D: -0.73%
• 1M: -4.02%
• YTD: -13.03%
• 6M: -26.79%
• 1Y: -13.14%
• 3Y*: 2.59%
• 5Y*: —
• 10Y*: —

MAGC

• 1D: -1.19%
• 1M: -0.88%
• YTD: -13.26%
• 6M: -25.67%
• 1Y: -19.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KTEC vs. MAGC - Expense Ratio Comparison

KTEC has a 0.69% expense ratio, which is higher than MAGC's 0.59% expense ratio.

KTEC

KraneShares Hang Seng TECH Index ETF

MAGC

Roundhill China Magnificent Seven ETF

Return for Risk

KTEC vs. MAGC — Risk / Return Rank

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

KTEC

KTEC Risk / Return Rank: 5
KTEC Sharpe Ratio Rank: 5
KTEC Sortino Ratio Rank: 5
KTEC Omega Ratio Rank: 5
KTEC Calmar Ratio Rank: 5
KTEC Martin Ratio Rank: 3

MAGC

MAGC Risk / Return Rank: 2
MAGC Sharpe Ratio Rank: 3
MAGC Sortino Ratio Rank: 3
MAGC Omega Ratio Rank: 3
MAGC Calmar Ratio Rank: 2
MAGC Martin Ratio Rank: 1

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.

KTEC vs. MAGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Hang Seng TECH Index ETF (KTEC) 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.

	KTEC	MAGC	Difference
Sharpe ratio Return per unit of total volatility	-0.42	-0.63	+0.20
Sortino ratio Return per unit of downside risk	-0.42	-0.75	+0.33
Omega ratio Gain probability vs. loss probability	0.95	0.91	+0.04
Calmar ratio Return relative to maximum drawdown	-0.45	-0.68	+0.23
Martin ratio Return relative to average drawdown	-1.06	-1.48	+0.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KTEC vs. MAGC - Sharpe Ratio Comparison

The current KTEC Sharpe Ratio is -0.42, which is higher than the MAGC Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of KTEC and MAGC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KTEC	MAGC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	-0.63	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	-0.27	+0.02

Correlation

The correlation between KTEC and MAGC is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

KTEC vs. MAGC - Dividend Comparison

KTEC's dividend yield for the trailing twelve months is around 3.86%, less than MAGC's 4.73% yield.

	TTM	2025	2024	2023	2022
KTEC KraneShares Hang Seng TECH Index ETF	3.86%	3.36%	0.27%	0.81%	0.16%
MAGC Roundhill China Magnificent Seven ETF	4.73%	4.10%	1.02%	0.00%	0.00%

Drawdowns

KTEC vs. MAGC - Drawdown Comparison

The maximum KTEC drawdown since its inception was -66.90%, which is greater than MAGC's maximum drawdown of -28.90%. Use the drawdown chart below to compare losses from any high point for KTEC and MAGC.

Drawdown Indicators

	KTEC	MAGC	Difference
Max Drawdown Largest peak-to-trough decline	-66.90%	-28.90%	-38.00%
Max Drawdown (1Y) Largest decline over 1 year	-29.36%	-28.90%	-0.46%
Current Drawdown Current decline from peak	-45.11%	-27.11%	-18.00%
Average Drawdown Average peak-to-trough decline	-43.97%	-13.71%	-30.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.50%	13.32%	-0.82%

Volatility

KTEC vs. MAGC - Volatility Comparison

KraneShares Hang Seng TECH Index ETF (KTEC) and Roundhill China Magnificent Seven ETF (MAGC) have volatilities of 9.11% and 9.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KTEC	MAGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.11%	9.17%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	19.85%	18.40%	+1.45%
Volatility (1Y) Calculated over the trailing 1-year period	31.06%	30.91%	+0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.57%	34.70%	+8.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.57%	34.70%	+8.87%