MAGG.L vs. BMAX.TO
MAGG.L (BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc)) and BMAX.TO (Brompton Enhanced Multi-Asset Income ETF) are both Diversified Portfolio funds. Over the past 3 years, MAGG.L returned 16.81%/yr vs 14.69%/yr for BMAX.TO. At a 0.39 correlation, their price movements are largely independent. MAGG.L charges 0.25%/yr vs 2.62%/yr for BMAX.TO.
Performance
MAGG.L vs. BMAX.TO - Performance Comparison
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Different Trading Currencies
MAGG.L is traded in GBP, while BMAX.TO is traded in CAD. To make them comparable, the BMAX.TO values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, MAGG.L achieves a 13.08% return, which is significantly higher than BMAX.TO's 8.70% return.
MAGG.L
- 1D
- 0.33%
- 1M
- 2.04%
- YTD
- 13.08%
- 6M
- 13.51%
- 1Y
- 26.44%
- 3Y*
- 16.81%
- 5Y*
- 8.71%
- 10Y*
- —
BMAX.TO
- 1D
- -0.44%
- 1M
- -0.50%
- YTD
- 8.70%
- 6M
- 7.93%
- 1Y
- 21.37%
- 3Y*
- 14.69%
- 5Y*
- —
- 10Y*
- —
MAGG.L vs. BMAX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MAGG.L BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) | 13.08% | 10.88% | 19.70% | 12.85% | 2.57% |
BMAX.TO Brompton Enhanced Multi-Asset Income ETF | 8.70% | 14.72% | 12.03% | 8.57% | -0.10% |
Correlation
The correlation between MAGG.L and BMAX.TO is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | 0.39 |
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Return for Risk
MAGG.L vs. BMAX.TO — Risk / Return Rank
MAGG.L
BMAX.TO
MAGG.L vs. BMAX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L) and Brompton Enhanced Multi-Asset Income ETF (BMAX.TO). 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.
| MAGG.L | BMAX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.34 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 2.55 | +1.07 |
| Martin ratioReturn relative to average drawdown | 15.22 | 10.50 | +4.72 |
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Drawdowns
MAGG.L vs. BMAX.TO - Drawdown Comparison
The maximum MAGG.L drawdown since its inception was -21.07%, which is greater than BMAX.TO's maximum drawdown of -16.93%. Use the drawdown chart below to compare losses from any high point for MAGG.L and BMAX.TO.
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Drawdown Indicators
| MAGG.L | BMAX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.07% | -16.93% | -4.14% |
Max Drawdown (1Y)Largest decline over 1 year | -7.26% | -8.42% | +1.16% |
Max Drawdown (3Y)Largest decline over 3 years | -17.70% | -16.93% | -0.77% |
Max Drawdown (5Y)Largest decline over 5 years | -21.07% | — | — |
Current DrawdownCurrent decline from peak | -1.32% | -1.66% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -5.67% | -3.29% | -2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | 2.04% | -0.31% |
Volatility
MAGG.L vs. BMAX.TO - Volatility Comparison
BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) (MAGG.L) has a higher volatility of 3.79% compared to Brompton Enhanced Multi-Asset Income ETF (BMAX.TO) at 3.27%. This indicates that MAGG.L's price experiences larger fluctuations and is considered to be riskier than BMAX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGG.L | BMAX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 3.27% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 8.68% | 8.59% | +0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.76% | 11.20% | -0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.19% | 13.88% | -1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.09% | 13.88% | -1.79% |
MAGG.L vs. BMAX.TO - Expense Ratio Comparison
MAGG.L has a 0.25% expense ratio, which is lower than BMAX.TO's 2.62% expense ratio.
Dividends
MAGG.L vs. BMAX.TO - Dividend Comparison
MAGG.L has not paid dividends to shareholders, while BMAX.TO's dividend yield for the trailing twelve months is around 9.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BMAX.TO Brompton Enhanced Multi-Asset Income ETF | 9.50% | 9.70% | 9.65% | 9.55% | 2.41% |
MAGG.L BlackRock ESG Multi-Asset Growth Portfolio UCITS ETF GBP Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MAGG.L and BMAX.TO have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MAGG.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MAGG.L is cheaper with a 0.25% expense ratio, compared with 2.62% for BMAX.TO.
They also come from different issuers: iShares and Brompton Funds. Their fees differ too: 0.25% for MAGG.L and 2.62% for BMAX.TO.
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