MAGQ vs. SMH
Compare and contrast key facts about Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) and VanEck Vectors Semiconductor ETF (SMH).
MAGQ and SMH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAGQ is an actively managed fund by Roundhill. It was launched on Feb 28, 2024. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAGQ or SMH.
Key characteristics
| MAGQ | SMH | |
|---|---|---|
| Daily Std Dev | 26.18% | 33.76% |
| Max Drawdown | -25.81% | -95.73% |
| Current Drawdown | -18.94% | -17.85% |
Correlation
The correlation between MAGQ and SMH is -0.71. 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. SMH - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MAGQ vs. SMH - Expense Ratio Comparison
MAGQ has a 0.95% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
MAGQ vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) and VanEck Vectors Semiconductor ETF (SMH). 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. SMH - Dividend Comparison
MAGQ has not paid dividends to shareholders, while SMH's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SMH VanEck Vectors Semiconductor ETF | 0.45% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
MAGQ vs. SMH - Drawdown Comparison
The maximum MAGQ drawdown since its inception was -25.81%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for MAGQ and SMH. For additional features, visit the drawdowns tool.
Volatility
MAGQ vs. SMH - Volatility Comparison
The current volatility for Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) is 8.36%, while VanEck Vectors Semiconductor ETF (SMH) has a volatility of 12.44%. This indicates that MAGQ experiences smaller price fluctuations and is considered to be less risky than SMH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.