LNGG vs. MAGS
Compare and contrast key facts about Roundhill Alerian LNG ETF (LNGG) and Roundhill Magnificent Seven ETF (MAGS).
LNGG and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LNGG is a passively managed fund by Roundhill that tracks the performance of the Alerian Liquefied Natural Gas Index - Benchmark TR Net. It was launched on Sep 19, 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: LNGG or MAGS.
Correlation
The correlation between LNGG and MAGS is 0.17, 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
LNGG vs. MAGS - Performance Comparison
Key characteristics
Returns By Period
LNGG
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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LNGG vs. MAGS - Expense Ratio Comparison
LNGG has a 0.65% expense ratio, which is higher than MAGS's 0.29% expense ratio.
Risk-Adjusted Performance
LNGG vs. MAGS — Risk-Adjusted Performance Rank
LNGG
MAGS
LNGG vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Alerian LNG ETF (LNGG) 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
LNGG vs. MAGS - Dividend Comparison
LNGG has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 0.75%.
TTM | 2024 | 2023 | |
---|---|---|---|
Roundhill Alerian LNG ETF | 1.94% | 1.94% | 2.22% |
Roundhill Magnificent Seven ETF | 0.75% | 0.74% | 0.44% |
Drawdowns
LNGG vs. MAGS - Drawdown Comparison
Volatility
LNGG vs. MAGS - Volatility Comparison
The current volatility for Roundhill Alerian LNG ETF (LNGG) is 0.00%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 8.13%. This indicates that LNGG 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.