MAGO vs. MAGS

Last updated Jun 24, 2026

MAGO (Tuttle Capital Magnificent 7 Income Blast ETF) and MAGS (Roundhill Magnificent Seven ETF) are both exchange-traded funds - MAGO is a Derivative Income fund actively managed by Tuttle, while MAGS is a Technology Equities fund actively managed by Roundhill. Both are actively managed. With a 0.97 correlation, they move nearly in lockstep. MAGO charges 0.99%/yr vs 0.29%/yr for MAGS.

Performance

MAGO vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAGO achieves a -5.64% return, which is significantly lower than MAGS's -4.28% return.

MAGO

• 1D: -1.54%
• 1M: -10.07%
• YTD: -5.64%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGS

• 1D: -1.37%
• 1M: -8.97%
• YTD: -4.28%
• 6M: -5.96%
• 1Y: 18.84%
• 3Y*: 29.20%
• 5Y*: —
• 10Y*: —

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

MAGO vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	-5.64%	-0.88%
MAGS Roundhill Magnificent Seven ETF	-4.28%	-0.79%

Correlation

The correlation between MAGO and MAGS is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 30, 2025	0.97

Return for Risk

MAGO vs. MAGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MAGO

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

MAGS

MAGS Risk / Return Rank: 25
MAGS Sharpe Ratio Rank: 26
MAGS Sortino Ratio Rank: 25
MAGS Omega Ratio Rank: 24
MAGS Calmar Ratio Rank: 22
MAGS Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MAGO vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) and Roundhill Magnificent Seven ETF (MAGS). 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.

	MAGO	MAGS	Difference
Sharpe ratio: Return per unit of total volatility	—	0.92	—
Sortino ratio: Return per unit of downside risk	—	1.34	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	1.02	—
Martin ratio: Return relative to average drawdown	—	3.34	—

Drawdowns

MAGO vs. MAGS - Drawdown Comparison

The maximum MAGO drawdown since its inception was -18.21%, smaller than the maximum MAGS drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for MAGO and MAGS.

Drawdown Indicators

	MAGO	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-18.21%	-29.91%	+11.70%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.91%	—
Current Drawdown Current decline from peak	-12.08%	-11.00%	-1.08%
Average Drawdown Average peak-to-trough decline	-5.68%	-4.75%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.65%	—

Volatility

Volatility by Period

	MAGO	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.22%	20.74%	+3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.22%	26.02%	-1.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.22%	26.02%	-1.80%

MAGO vs. MAGS - Expense Ratio Comparison

MAGO has a 0.99% expense ratio, which is higher than MAGS's 0.29% expense ratio.

Dividends

MAGO vs. MAGS - Dividend Comparison

MAGO's dividend yield for the trailing twelve months is around 8.00%, more than MAGS's 1.55% yield.

Position	TTM	2025	2024	2023
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	8.00%	0.00%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.55%	1.48%	0.81%	0.44%

Frequently Asked Questions

Can I hold both MAGO and MAGS in my portfolio?

With a correlation of 0.97, MAGO and MAGS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, MAGO or MAGS?

On fees, MAGS is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MAGO or MAGS?

MAGS is cheaper with a 0.29% expense ratio, compared with 0.99% for MAGO.

Which ETF pays a higher dividend yield, MAGO or MAGS?

MAGO has the higher dividend yield at 8.00%, compared with 1.55% for MAGS.

What is the main difference between MAGO and MAGS?

MAGO is categorized as Derivative Income, while MAGS is Technology Equities. They also come from different issuers: Tuttle and Roundhill. Their fees differ too: 0.99% for MAGO and 0.29% for MAGS.