MAGD.L vs. MAGY

Last updated Apr 1, 2026

Compare and contrast key facts about IncomeShares Magnificent 7 Options ETP (MAGD.L) and Roundhill Magnificent Seven Covered Call ETF (MAGY).

MAGD.L and MAGY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAGD.L is an actively managed fund by Leverage Shares. It was launched on Jun 27, 2025. MAGY is an actively managed fund by Roundhill. It was launched on Apr 23, 2025.

Performance

MAGD.L vs. MAGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares Magnificent 7 Options ETP (MAGD.L) and Roundhill Magnificent Seven Covered Call ETF (MAGY). The values are adjusted to include any dividend payments, if applicable.

MAGD.L vs. MAGY - Yearly Performance Comparison

	2026 (YTD)	2025
MAGD.L IncomeShares Magnificent 7 Options ETP	-19.09%	10.94%
MAGY Roundhill Magnificent Seven Covered Call ETF	-9.64%	11.59%

Returns By Period

In the year-to-date period, MAGD.L achieves a -19.09% return, which is significantly lower than MAGY's -9.64% return.

MAGD.L

• 1D: 2.11%
• 1M: -7.64%
• YTD: -19.09%
• 6M: -20.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGY

• 1D: 2.97%
• 1M: -4.78%
• YTD: -9.64%
• 6M: -7.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGD.L vs. MAGY - Expense Ratio Comparison

MAGD.L has a 0.45% expense ratio, which is lower than MAGY's 0.99% expense ratio.

MAGY

Roundhill Magnificent Seven Covered Call ETF

MAGD.L

IncomeShares Magnificent 7 Options ETP

Return for Risk

MAGD.L vs. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares Magnificent 7 Options ETP (MAGD.L) and Roundhill Magnificent Seven Covered Call ETF (MAGY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MAGD.L	MAGY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.66	1.06	-1.72

Correlation

The correlation between MAGD.L and MAGY is 0.54, 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

MAGD.L vs. MAGY - Dividend Comparison

MAGD.L's dividend yield for the trailing twelve months is around 0.25%, less than MAGY's 37.14% yield.

	TTM	2025
MAGD.L IncomeShares Magnificent 7 Options ETP	0.25%	0.07%
MAGY Roundhill Magnificent Seven Covered Call ETF	37.14%	23.38%

Drawdowns

MAGD.L vs. MAGY - Drawdown Comparison

The maximum MAGD.L drawdown since its inception was -27.28%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for MAGD.L and MAGY.

Drawdown Indicators

	MAGD.L	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	-27.28%	-14.29%	-12.99%
Current Drawdown Current decline from peak	-25.50%	-11.60%	-13.90%
Average Drawdown Average peak-to-trough decline	-8.27%	-2.20%	-6.07%

Volatility

Volatility by Period

	MAGD.L	MAGY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.12%	14.87%	+5.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.12%	14.87%	+5.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.12%	14.87%	+5.25%