MAGC vs. ISCMF
MAGC (Roundhill China Magnificent Seven ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - MAGC is a China Equities fund actively managed by Roundhill, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. MAGC is actively managed, while ISCMF is passively managed. Over the past year, MAGC returned -19.72% vs 22.55% for ISCMF. At a correlation of -0.05, they often move in opposite directions. MAGC charges 0.59%/yr vs 0.19%/yr for ISCMF.
Performance
MAGC vs. ISCMF - Performance Comparison
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Returns By Period
In the year-to-date period, MAGC achieves a -20.52% return, which is significantly lower than ISCMF's 11.96% return.
MAGC
- 1D
- -0.68%
- 1M
- 0.91%
- 6M
- -24.55%
- YTD
- -20.52%
- 1Y
- -19.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ISCMF
- 1D
- 0.00%
- 1M
- -8.88%
- 6M
- 11.96%
- YTD
- 11.96%
- 1Y
- 22.55%
- 3Y*
- 10.82%
- 5Y*
- —
- 10Y*
- —
MAGC vs. ISCMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MAGC Roundhill China Magnificent Seven ETF | -20.52% | 16.35% | -14.03% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 11.96% | 19.65% | -1.74% |
Correlation
The correlation between MAGC and ISCMF is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024 | -0.05 |
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Return for Risk
MAGC vs. ISCMF — Risk / Return Rank
MAGC
ISCMF
MAGC vs. ISCMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill China Magnificent Seven ETF (MAGC) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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.
| MAGC | ISCMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.79 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.84 | -0.94 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 1.66 | -2.13 |
| Martin ratioReturn relative to average drawdown | -0.96 | 7.07 | -8.03 |
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Drawdowns
MAGC vs. ISCMF - Drawdown Comparison
The maximum MAGC drawdown since its inception was -41.99%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for MAGC and ISCMF.
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Drawdown Indicators
| MAGC | ISCMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.99% | -25.42% | -16.57% |
Max Drawdown (1Y)Largest decline over 1 year | -41.99% | -13.68% | -28.31% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.68% | — |
Current DrawdownCurrent decline from peak | -33.21% | -13.68% | -19.53% |
Average DrawdownAverage peak-to-trough decline | -16.35% | -13.31% | -3.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.63% | 3.20% | +17.43% |
Volatility
MAGC vs. ISCMF - Volatility Comparison
The current volatility for Roundhill China Magnificent Seven ETF (MAGC) is 8.57%, while iShares Diversified Commodity Swap UCITS ETF (ISCMF) has a volatility of 9.30%. This indicates that MAGC experiences smaller price fluctuations and is considered to be less risky than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGC | ISCMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | 9.30% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 20.58% | 18.12% | +2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.35% | 19.62% | +7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.02% | 14.84% | +19.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.02% | 14.84% | +19.18% |
MAGC vs. ISCMF - Expense Ratio Comparison
MAGC has a 0.59% expense ratio, which is higher than ISCMF's 0.19% expense ratio.
Dividends
MAGC vs. ISCMF - Dividend Comparison
MAGC's dividend yield for the trailing twelve months is around 5.16%, while ISCMF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ISCMF iShares Diversified Commodity Swap UCITS ETF | 0.00% | 0.00% | 0.00% |
MAGC Roundhill China Magnificent Seven ETF | 5.16% | 4.10% | 1.02% |
Frequently Asked Questions
MAGC and ISCMF have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISCMF has higher volatility (9.30%) compared to MAGC (8.57%). In terms of maximum drawdown, MAGC dropped -41.99% vs ISCMF's -25.42%.
On 1-year performance, ISCMF leads with 22.55% vs -19.72% for MAGC. On fees, ISCMF is cheaper at 0.19% per year. On volatility, MAGC has been the lower-risk option at 8.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ISCMF has performed better with a 22.55% return vs -19.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISCMF is cheaper with a 0.19% expense ratio, compared with 0.59% for MAGC.
MAGC has the higher dividend yield at 5.16%, compared with 0.00% for ISCMF.
MAGC is categorized as China Equities, while ISCMF is Commodities. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.59% for MAGC and 0.19% for ISCMF.
ISCMF currently has the higher Sharpe Ratio (1.16 vs -0.72), 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.
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