MAGG vs. DRLL

Last updated Aug 5, 2026

MAGG (Madison Aggregate Bond ETF) and DRLL (Strive U.S. Energy ETF) are both exchange-traded funds - MAGG is a Intermediate Core Bond fund actively managed by Madison, while DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index. MAGG is actively managed, while DRLL is passively managed. Over the past year, MAGG returned 2.56% vs 41.89% for DRLL. Their -0.15 correlation means they have often moved in opposite directions in the past. MAGG charges 0.40%/yr vs 0.41%/yr for DRLL.

Performance

MAGG vs. DRLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Madison Aggregate Bond ETF (MAGG) and Strive U.S. Energy ETF (DRLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAGG achieves a -0.17% return, which is significantly lower than DRLL's 33.53% return.

MAGG

• 1D: 0.37%
• 1M: -0.83%
• 6M: -0.23%
• YTD: -0.17%
• 1Y: 2.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.51%

DRLL

• 1D: -1.05%
• 1M: 11.55%
• 6M: 17.30%
• YTD: 33.53%
• 1Y: 41.89%
• 3Y*: 12.03%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRLL Strive U.S. Energy ETF	$455.44K	$502.20K	$532.52K
MAGG Madison Aggregate Bond ETF	$21.79K	$44.17K	$116.59K

MAGG vs. DRLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAGG Madison Aggregate Bond ETF	-0.17%	7.28%	1.81%	4.39%
DRLL Strive U.S. Energy ETF	33.53%	7.74%	0.02%	-3.56%

Correlation

The correlation between MAGG and DRLL is -0.32, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.32
Correlation (All Time) Calculated using the full available price history since Aug 29, 2023	-0.15

The correlation between MAGG and DRLL shifts across timeframes, from -0.32 (1 year) to -0.15 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MAGG vs. DRLL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MAGG

MAGG Risk / Return Rank: 25
MAGG Sharpe Ratio Rank: 26
MAGG Sortino Ratio Rank: 25
MAGG Omega Ratio Rank: 24
MAGG Calmar Ratio Rank: 26
MAGG Martin Ratio Rank: 26

DRLL

DRLL Risk / Return Rank: 61
DRLL Sharpe Ratio Rank: 70
DRLL Sortino Ratio Rank: 63
DRLL Omega Ratio Rank: 62
DRLL Calmar Ratio Rank: 62
DRLL Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MAGG vs. DRLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Madison Aggregate Bond ETF (MAGG) and Strive U.S. Energy ETF (DRLL). 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	DRLL	Difference
Sharpe ratio: Return per unit of total volatility	0.67	1.83	-1.16
Sortino ratio: Return per unit of downside risk	1.02	2.37	-1.35
Omega ratio: Gain probability vs. loss probability	1.12	1.30	-0.18
Calmar ratio: Return relative to maximum drawdown	0.90	2.48	-1.58
Martin ratio: Return relative to average drawdown	2.32	6.29	-3.97

MAGG vs. DRLL - Sharpe Ratio Comparison

The current MAGG Sharpe Ratio is 0.67, which is lower than the DRLL Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of MAGG and DRLL, 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

MAGG vs. DRLL - Drawdown Comparison

The maximum MAGG drawdown since its inception was -4.56%, smaller than the maximum DRLL drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for MAGG and DRLL.

Drawdown Indicators

	MAGG	DRLL	Difference
Max Drawdown Largest peak-to-trough decline	-4.56%	-23.73%	+19.17%
Max Drawdown (1Y) Largest decline over 1 year	-2.86%	-16.99%	+14.13%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.73%	—
Current Drawdown Current decline from peak	-1.84%	-6.51%	+4.67%
Average Drawdown Average peak-to-trough decline	-1.26%	-8.14%	+6.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	6.68%	-5.57%

Volatility

MAGG vs. DRLL - Volatility Comparison

The current volatility for Madison Aggregate Bond ETF (MAGG) is 0.93%, while Strive U.S. Energy ETF (DRLL) has a volatility of 7.12%. This indicates that MAGG experiences smaller price fluctuations and is considered to be less risky than DRLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGG	DRLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.93%	7.12%	-6.19%
Volatility (6M) Calculated over the trailing 6-month period	2.73%	18.68%	-15.95%
Volatility (1Y) Calculated over the trailing 1-year period	3.84%	22.97%	-19.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	23.79%	-19.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.68%	23.79%	-19.11%

MAGG vs. DRLL - Expense Ratio Comparison

MAGG has a 0.40% expense ratio, which is lower than DRLL's 0.41% expense ratio.

Dividends

MAGG vs. DRLL - Dividend Comparison

MAGG's dividend yield for the trailing twelve months is around 4.87%, more than DRLL's 2.27% yield.

Position	TTM	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	2.27%	2.99%	3.00%	3.01%	1.18%
MAGG Madison Aggregate Bond ETF	4.87%	4.80%	5.13%	1.49%	0.00%

Frequently Asked Questions

Can I hold both MAGG and DRLL in my portfolio?

MAGG and DRLL have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAGG or DRLL?

DRLL has higher volatility (7.12%) compared to MAGG (0.93%). In terms of maximum drawdown, MAGG dropped -4.56% vs DRLL's -23.73%.

Which ETF is better, MAGG or DRLL?

On 1-year performance, DRLL leads with 41.89% vs 2.56% for MAGG. On fees, MAGG is cheaper at 0.40% per year. On volatility, MAGG has been the lower-risk option at 0.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGG or DRLL?

Over the 1-year period, DRLL has performed better with a 41.89% return vs 2.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGG or DRLL?

MAGG is cheaper with a 0.40% expense ratio, compared with 0.41% for DRLL.

Which ETF pays a higher dividend yield, MAGG or DRLL?

MAGG has the higher dividend yield at 4.87%, compared with 2.27% for DRLL.

What is the main difference between MAGG and DRLL?

MAGG is categorized as Intermediate Core Bond, while DRLL is Energy Equities. They also come from different issuers: Madison and Strive. Their fees differ too: 0.40% for MAGG and 0.41% for DRLL.

Which has better risk-adjusted returns?

DRLL currently has the higher Sharpe Ratio (1.83 vs 0.67), 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.