MAG7.L vs. QQQO.L
Compare and contrast key facts about Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) and IncomeShares Nasdaq 100 Options (0DTE) ETP GBP (QQQO.L).
MAG7.L and QQQO.L 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. QQQO.L is an actively managed fund by Leverage Shares. It was launched on Aug 27, 2024.
Performance
MAG7.L vs. QQQO.L - Performance Comparison
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MAG7.L vs. QQQO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities | -53.67% | -28.43% | 139.66% |
QQQO.L IncomeShares Nasdaq 100 Options (0DTE) ETP GBP | -9.15% | 14.61% | 7.07% |
Different Trading Currencies
MAG7.L is traded in USD, while QQQO.L is traded in GBp. To make them comparable, the QQQO.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MAG7.L achieves a -53.67% return, which is significantly lower than QQQO.L's -9.15% return.
MAG7.L
- 1D
- 18.44%
- 1M
- -25.61%
- YTD
- -53.67%
- 6M
- -53.35%
- 1Y
- 21.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQO.L
- 1D
- -4.71%
- 1M
- -8.05%
- YTD
- -9.15%
- 6M
- -7.11%
- 1Y
- 9.45%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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MAG7.L vs. QQQO.L - Expense Ratio Comparison
MAG7.L has a 0.75% expense ratio, which is higher than QQQO.L's 0.45% expense ratio.
Return for Risk
MAG7.L vs. QQQO.L — Risk / Return Rank
MAG7.L
QQQO.L
MAG7.L vs. QQQO.L - 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 IncomeShares Nasdaq 100 Options (0DTE) ETP GBP (QQQO.L). 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 | QQQO.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.18 | 0.55 | -0.36 |
Sortino ratioReturn per unit of downside risk | 1.14 | 0.80 | +0.34 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.12 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.25 | 0.70 | -0.45 |
Martin ratioReturn relative to average drawdown | 0.69 | 3.02 | -2.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MAG7.L | QQQO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 0.55 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.40 | -0.47 |
Correlation
The correlation between MAG7.L and QQQO.L is 0.55, 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. QQQO.L - Dividend Comparison
MAG7.L has not paid dividends to shareholders, while QQQO.L's dividend yield for the trailing twelve months is around 99.83%.
| TTM | 2025 | 2024 | |
|---|---|---|---|
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities | 0.00% | 0.00% | 0.00% |
QQQO.L IncomeShares Nasdaq 100 Options (0DTE) ETP GBP | 99.83% | 124.53% | 17.93% |
Drawdowns
MAG7.L vs. QQQO.L - Drawdown Comparison
The maximum MAG7.L drawdown since its inception was -91.14%, which is greater than QQQO.L's maximum drawdown of -18.52%. Use the drawdown chart below to compare losses from any high point for MAG7.L and QQQO.L.
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Drawdown Indicators
| MAG7.L | QQQO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.14% | -21.70% | -69.44% |
Max Drawdown (1Y)Largest decline over 1 year | -71.56% | -11.72% | -59.84% |
Current DrawdownCurrent decline from peak | -74.60% | -10.18% | -64.42% |
Average DrawdownAverage peak-to-trough decline | -46.88% | -4.80% | -42.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.35% | 3.16% | +23.19% |
Volatility
MAG7.L vs. QQQO.L - Volatility Comparison
Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) has a higher volatility of 37.26% compared to IncomeShares Nasdaq 100 Options (0DTE) ETP GBP (QQQO.L) at 6.25%. This indicates that MAG7.L's price experiences larger fluctuations and is considered to be riskier than QQQO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAG7.L | QQQO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.26% | 6.25% | +31.01% |
Volatility (6M)Calculated over the trailing 6-month period | 70.93% | 10.48% | +60.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 120.58% | 17.59% | +102.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 125.39% | 17.51% | +107.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 125.39% | 17.51% | +107.88% |