MAGQ vs. AAPL
Compare and contrast key facts about Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) and Apple Inc (AAPL).
MAGQ is an actively managed fund by Roundhill. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAGQ or AAPL.
Correlation
The correlation between MAGQ and AAPL is -0.39. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
MAGQ vs. AAPL - Performance Comparison
Key characteristics
Returns By Period
MAGQ
N/A
N/A
N/A
N/A
N/A
N/A
AAPL
-8.21%
-10.07%
5.56%
20.04%
24.04%
24.39%
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Risk-Adjusted Performance
MAGQ vs. AAPL — Risk-Adjusted Performance Rank
MAGQ
AAPL
MAGQ vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) and Apple Inc (AAPL). 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.
Not enough dataDividends
MAGQ vs. AAPL - Dividend Comparison
MAGQ has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.43%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGQ Roundhill Daily Inverse Magnificent Seven ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AAPL Apple Inc | 0.43% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% |
Drawdowns
MAGQ vs. AAPL - Drawdown Comparison
Volatility
MAGQ vs. AAPL - Volatility Comparison
The current volatility for Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) is 0.00%, while Apple Inc (AAPL) has a volatility of 7.84%. This indicates that MAGQ experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.