MAG7.L vs. GRNY

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) and Fundstrat Granny Shots US Large Cap ETF (GRNY).

MAG7.L and GRNY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAG7.L is a passively managed fund by Leverage Shares that tracks the performance of the Solactive Magnificent 7 Index. It was launched on Mar 25, 2024. GRNY is an actively managed fund by Tidal ETFs. It was launched on Nov 7, 2024.

Performance

MAG7.L vs. GRNY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) and Fundstrat Granny Shots US Large Cap ETF (GRNY). The values are adjusted to include any dividend payments, if applicable.

MAG7.L vs. GRNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities	-53.67%	-28.43%	36.80%
GRNY Fundstrat Granny Shots US Large Cap ETF	-2.95%	24.05%	-1.09%

Returns By Period

In the year-to-date period, MAG7.L achieves a -53.67% return, which is significantly lower than GRNY's -2.95% return.

MAG7.L

• 1D: 18.44%
• 1M: -25.61%
• YTD: -53.67%
• 6M: -53.35%
• 1Y: 21.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRNY

• 1D: 0.67%
• 1M: -4.26%
• YTD: -2.95%
• 6M: -4.49%
• 1Y: 30.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAG7.L vs. GRNY - Expense Ratio Comparison

Both MAG7.L and GRNY have an expense ratio of 0.75%.

MAG7.L

Leverage Shares 5x Long Magnificent 7 ETP Securities

GRNY

Fundstrat Granny Shots US Large Cap ETF

Return for Risk

MAG7.L vs. GRNY — Risk / Return Rank

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

MAG7.L

MAG7.L Risk / Return Rank: 24
MAG7.L Sharpe Ratio Rank: 16
MAG7.L Sortino Ratio Rank: 38
MAG7.L Omega Ratio Rank: 32
MAG7.L Calmar Ratio Rank: 17
MAG7.L Martin Ratio Rank: 17

GRNY

GRNY Risk / Return Rank: 73
GRNY Sharpe Ratio Rank: 69
GRNY Sortino Ratio Rank: 72
GRNY Omega Ratio Rank: 68
GRNY Calmar Ratio Rank: 82
GRNY Martin Ratio Rank: 73

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.

MAG7.L vs. GRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) and Fundstrat Granny Shots US Large Cap ETF (GRNY). 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.

	MAG7.L	GRNY	Difference
Sharpe ratio Return per unit of total volatility	0.18	1.26	-1.07
Sortino ratio Return per unit of downside risk	1.14	1.86	-0.71
Omega ratio Gain probability vs. loss probability	1.14	1.26	-0.12
Calmar ratio Return relative to maximum drawdown	0.25	2.41	-2.16
Martin ratio Return relative to average drawdown	0.69	7.89	-7.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MAG7.L vs. GRNY - Sharpe Ratio Comparison

The current MAG7.L Sharpe Ratio is 0.18, which is lower than the GRNY Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of MAG7.L and GRNY, 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

	MAG7.L	GRNY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	1.26	-1.07
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.56	-0.63

Correlation

The correlation between MAG7.L and GRNY is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MAG7.L vs. GRNY - Dividend Comparison

Neither MAG7.L nor GRNY has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

MAG7.L vs. GRNY - Drawdown Comparison

The maximum MAG7.L drawdown since its inception was -91.14%, which is greater than GRNY's maximum drawdown of -24.18%. Use the drawdown chart below to compare losses from any high point for MAG7.L and GRNY.

Drawdown Indicators

	MAG7.L	GRNY	Difference
Max Drawdown Largest peak-to-trough decline	-91.14%	-24.18%	-66.96%
Max Drawdown (1Y) Largest decline over 1 year	-71.56%	-13.36%	-58.20%
Current Drawdown Current decline from peak	-74.60%	-8.39%	-66.21%
Average Drawdown Average peak-to-trough decline	-46.88%	-4.33%	-42.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.35%	4.08%	+22.27%

Volatility

MAG7.L vs. GRNY - Volatility Comparison

Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) has a higher volatility of 37.26% compared to Fundstrat Granny Shots US Large Cap ETF (GRNY) at 6.27%. This indicates that MAG7.L's price experiences larger fluctuations and is considered to be riskier than GRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAG7.L	GRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.26%	6.27%	+30.99%
Volatility (6M) Calculated over the trailing 6-month period	70.93%	14.35%	+56.58%
Volatility (1Y) Calculated over the trailing 1-year period	120.58%	24.51%	+96.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	125.39%	24.00%	+101.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	125.39%	24.00%	+101.39%