MAGC vs. KJD
MAGC (Roundhill China Magnificent Seven ETF) and KJD (KraneShares 2X Long JD Daily ETF) are both China Equities funds. Both are actively managed. A 0.69 correlation means they provide meaningful diversification when combined. MAGC charges 0.59%/yr vs 1.26%/yr for KJD.
Performance
MAGC vs. KJD - 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 KJD's -3.67% return.
MAGC
- 1D
- -0.68%
- 1M
- 0.91%
- 6M
- -24.55%
- YTD
- -20.52%
- 1Y
- -19.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KJD
- 1D
- 4.68%
- 1M
- 0.53%
- 6M
- -15.61%
- YTD
- -3.67%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAGC vs. KJD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MAGC Roundhill China Magnificent Seven ETF | -20.52% | -8.27% |
KJD KraneShares 2X Long JD Daily ETF | -3.67% | -28.21% |
Correlation
The correlation between MAGC and KJD is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025 | 0.69 |
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Return for Risk
MAGC vs. KJD — Risk / Return Rank
MAGC
KJD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MAGC vs. KJD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill China Magnificent Seven ETF (MAGC) and KraneShares 2X Long JD Daily ETF (KJD). 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 | KJD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.90 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | — | — |
| Martin ratioReturn relative to average drawdown | -0.96 | — | — |
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Drawdowns
MAGC vs. KJD - Drawdown Comparison
The maximum MAGC drawdown since its inception was -41.99%, smaller than the maximum KJD drawdown of -50.81%. Use the drawdown chart below to compare losses from any high point for MAGC and KJD.
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Drawdown Indicators
| MAGC | KJD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.99% | -50.81% | +8.82% |
Max Drawdown (1Y)Largest decline over 1 year | -41.99% | — | — |
Current DrawdownCurrent decline from peak | -33.21% | -35.66% | +2.45% |
Average DrawdownAverage peak-to-trough decline | -16.35% | -30.28% | +13.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.63% | — | — |
Volatility
MAGC vs. KJD - Volatility Comparison
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Volatility by Period
| MAGC | KJD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 20.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.35% | 61.63% | -34.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.02% | 61.63% | -27.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.02% | 61.63% | -27.61% |
MAGC vs. KJD - Expense Ratio Comparison
MAGC has a 0.59% expense ratio, which is lower than KJD's 1.26% expense ratio.
Dividends
MAGC vs. KJD - Dividend Comparison
MAGC's dividend yield for the trailing twelve months is around 5.16%, while KJD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
KJD KraneShares 2X Long JD Daily ETF | 0.00% | 0.00% | 0.00% |
MAGC Roundhill China Magnificent Seven ETF | 5.16% | 4.10% | 1.02% |
Frequently Asked Questions
MAGC and KJD have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MAGC is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MAGC is cheaper with a 0.59% expense ratio, compared with 1.26% for KJD.
MAGC has the higher dividend yield at 5.16%, compared with 0.00% for KJD.
They also come from different issuers: Roundhill and KraneShares. Their fees differ too: 0.59% for MAGC and 1.26% for KJD.
Find the right allocation for MAGC and KJD
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