MAGA vs. USMV

Last updated Jul 16, 2026

MAGA (Point Bridge GOP Stock Tracker ETF) and USMV (iShares MSCI USA Min Vol Factor ETF) are both Large Cap Blend Equities funds - MAGA tracks the Point Bridge GOP Stock Tracker Index while USMV tracks the MSCI USA Minimum Volatility Index. Both are passively managed. Over the past 5 years, MAGA returned 11.08%/yr vs 6.73%/yr for USMV. A 0.73 correlation means they provide meaningful diversification when combined. MAGA charges 0.72%/yr vs 0.15%/yr for USMV.

Performance

MAGA vs. USMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Point Bridge GOP Stock Tracker ETF (MAGA) and iShares MSCI USA Min Vol Factor ETF (USMV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAGA achieves a 9.36% return, which is significantly higher than USMV's 2.79% return.

MAGA

• 1D: -0.29%
• 1M: 1.32%
• 6M: 4.83%
• YTD: 9.36%
• 1Y: 12.86%
• 3Y*: 13.78%
• 5Y*: 11.08%
• 10Y*: —

USMV

• 1D: -0.82%
• 1M: -0.26%
• 6M: 2.28%
• YTD: 2.79%
• 1Y: 5.84%
• 3Y*: 10.77%
• 5Y*: 6.73%
• 10Y*: 9.39%

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

MAGA vs. USMV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MAGA Point Bridge GOP Stock Tracker ETF	9.36%	10.31%	14.69%	10.37%	-1.01%	33.60%	5.93%	26.08%	-14.82%	11.50%
USMV iShares MSCI USA Min Vol Factor ETF	2.79%	7.65%	15.74%	10.33%	-9.43%	20.85%	5.64%	27.69%	1.33%	6.22%

Correlation

The correlation between MAGA and USMV is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since Sep 7, 2017	0.73

The correlation between MAGA and USMV has been stable across timeframes, ranging from 0.70 to 0.78 - a consistent structural relationship.

MAGA vs. USMV - Sectors Allocation Comparison

Sectors	MAGA	USMV
Industrials	22.4%	6.1%
Financial Services	14.8%	11.7%
Energy	11.4%	2.7%
Consumer Cyclical	10.4%	5.7%
Utilities	10.4%	6.9%
Consumer Defensive	7.5%	9.4%
Basic Materials	7.3%	2.4%
Real Estate	7.2%	2.5%
Healthcare	6.0%	12.6%
Technology	2.5%	33.9%
Communication Services	-	6.2%

Return for Risk

MAGA vs. USMV — Risk / Return Rank

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

MAGA

MAGA Risk / Return Rank: 41
MAGA Sharpe Ratio Rank: 40
MAGA Sortino Ratio Rank: 41
MAGA Omega Ratio Rank: 37
MAGA Calmar Ratio Rank: 45
MAGA Martin Ratio Rank: 43

USMV

USMV Risk / Return Rank: 24
USMV Sharpe Ratio Rank: 24
USMV Sortino Ratio Rank: 22
USMV Omega Ratio Rank: 21
USMV Calmar Ratio Rank: 24
USMV Martin Ratio Rank: 27

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.

MAGA vs. USMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Point Bridge GOP Stock Tracker ETF (MAGA) and iShares MSCI USA Min Vol Factor ETF (USMV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MAGA	USMV	Difference
Sharpe ratio: Return per unit of total volatility	1.16	0.69	+0.47
Sortino ratio: Return per unit of downside risk	1.77	1.03	+0.74
Omega ratio: Gain probability vs. loss probability	1.20	1.12	+0.08
Calmar ratio: Return relative to maximum drawdown	1.84	0.91	+0.93
Martin ratio: Return relative to average drawdown	5.59	2.96	+2.63

MAGA vs. USMV - Sharpe Ratio Comparison

The current MAGA Sharpe Ratio is 1.16, which is higher than the USMV Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of MAGA and USMV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MAGA vs. USMV - Drawdown Comparison

The maximum MAGA drawdown since its inception was -43.17%, which is greater than USMV's maximum drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for MAGA and USMV.

Drawdown Indicators

	MAGA	USMV	Difference
Max Drawdown Largest peak-to-trough decline	-43.17%	-33.10%	-10.07%
Max Drawdown (1Y) Largest decline over 1 year	-7.02%	-6.46%	-0.56%
Max Drawdown (3Y) Largest decline over 3 years	-17.80%	-9.36%	-8.44%
Max Drawdown (5Y) Largest decline over 5 years	-18.02%	-17.93%	-0.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.10%	—
Current Drawdown Current decline from peak	-0.94%	-2.30%	+1.36%
Average Drawdown Average peak-to-trough decline	-5.67%	-2.87%	-2.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	1.98%	+0.33%

Volatility

MAGA vs. USMV - Volatility Comparison

Point Bridge GOP Stock Tracker ETF (MAGA) and iShares MSCI USA Min Vol Factor ETF (USMV) have volatilities of 2.72% and 2.86%, 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

	MAGA	USMV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	2.86%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	7.92%	6.35%	+1.57%
Volatility (1Y) Calculated over the trailing 1-year period	11.26%	8.55%	+2.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	12.37%	+3.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.21%	14.50%	+5.71%

MAGA vs. USMV - Expense Ratio Comparison

MAGA has a 0.72% expense ratio, which is higher than USMV's 0.15% expense ratio.

Dividends

MAGA vs. USMV - Dividend Comparison

MAGA's dividend yield for the trailing twelve months is around 1.47%, less than USMV's 1.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAGA Point Bridge GOP Stock Tracker ETF	1.47%	1.61%	1.18%	1.60%	1.33%	0.69%	2.59%	2.19%	2.14%	0.43%	0.00%	0.00%
USMV iShares MSCI USA Min Vol Factor ETF	1.50%	1.49%	1.67%	1.82%	1.62%	1.26%	1.81%	1.88%	2.12%	1.77%	2.22%	2.02%

Frequently Asked Questions

Can I hold both MAGA and USMV in my portfolio?

MAGA and USMV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAGA or USMV?

USMV has higher volatility (2.86%) compared to MAGA (2.72%). In terms of maximum drawdown, MAGA dropped -43.17% vs USMV's -33.10%.

Which ETF is better, MAGA or USMV?

On 5-year performance, MAGA leads with 11.08% vs 6.73% for USMV. On fees, USMV is cheaper at 0.15% per year. On volatility, MAGA has been the lower-risk option at 2.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGA or USMV?

Over the 5-year period, MAGA has performed better with a 11.08% return vs 6.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGA or USMV?

USMV is cheaper with a 0.15% expense ratio, compared with 0.72% for MAGA.

Which ETF pays a higher dividend yield, MAGA or USMV?

USMV has the higher dividend yield at 1.50%, compared with 1.47% for MAGA.

What is the main difference between MAGA and USMV?

MAGA tracks Point Bridge GOP Stock Tracker Index, while USMV tracks MSCI USA Minimum Volatility Index. They also come from different issuers: Point Bridge Capital and iShares. Their fees differ too: 0.72% for MAGA and 0.15% for USMV.

Which has better risk-adjusted returns?

MAGA currently has the higher Sharpe Ratio (1.16 vs 0.69), 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.