MAGS vs. AMZN

Last updated Jun 4, 2026

MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill, while AMZN (Amazon.com, Inc) is a stock. Over the past 3 years, MAGS returned 33.71%/yr vs 26.25%/yr for AMZN. A 0.75 correlation means they provide meaningful diversification when combined.

Performance

MAGS vs. AMZN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Magnificent Seven ETF (MAGS) and Amazon.com, Inc (AMZN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAGS achieves a 3.73% return, which is significantly lower than AMZN's 8.32% return.

MAGS

• 1D: -1.08%
• 1M: 2.17%
• YTD: 3.73%
• 6M: 3.62%
• 1Y: 31.34%
• 3Y*: 33.71%
• 5Y*: —
• 10Y*: —

AMZN

• 1D: -2.53%
• 1M: -8.10%
• YTD: 8.32%
• 6M: 7.59%
• 1Y: 21.54%
• 3Y*: 26.25%
• 5Y*: 9.30%
• 10Y*: 21.29%

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

MAGS vs. AMZN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	3.73%	22.99%	63.97%	37.32%
AMZN Amazon.com, Inc	8.32%	5.21%	44.39%	52.06%

Correlation

The correlation between MAGS and AMZN is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (All Time) Calculated using the full available price history since Apr 12, 2023	0.75

The correlation between MAGS and AMZN has been stable across timeframes, ranging from 0.68 to 0.75 - a consistent structural relationship.

Return for Risk

MAGS vs. AMZN — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 39
MAGS Sharpe Ratio Rank: 44
MAGS Sortino Ratio Rank: 42
MAGS Omega Ratio Rank: 40
MAGS Calmar Ratio Rank: 33
MAGS Martin Ratio Rank: 37

AMZN

AMZN Risk / Return Rank: 60
AMZN Sharpe Ratio Rank: 64
AMZN Sortino Ratio Rank: 58
AMZN Omega Ratio Rank: 56
AMZN Calmar Ratio Rank: 61
AMZN Martin Ratio Rank: 62

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.

MAGS vs. AMZN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and Amazon.com, Inc (AMZN). 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.

	MAGS	AMZN	Difference
Sharpe ratio: Return per unit of total volatility	1.57	0.72	+0.85
Sortino ratio: Return per unit of downside risk	2.15	1.18	+0.97
Omega ratio: Gain probability vs. loss probability	1.27	1.15	+0.12
Calmar ratio: Return relative to maximum drawdown	1.69	1.00	+0.70
Martin ratio: Return relative to average drawdown	5.85	2.39	+3.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MAGS vs. AMZN - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 1.57, which is higher than the AMZN Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of MAGS and AMZN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MAGS	AMZN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	0.72	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.26	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	0.57	+0.98

Drawdowns

MAGS vs. AMZN - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for MAGS and AMZN.

Drawdown Indicators

	MAGS	AMZN	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-94.40%	+64.49%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-21.74%	+3.12%
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	-30.88%	+0.97%
Max Drawdown (5Y) Largest decline over 5 years	—	-56.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.15%	—
Current Drawdown Current decline from peak	-3.55%	-9.08%	+5.53%
Average Drawdown Average peak-to-trough decline	-4.70%	-28.12%	+23.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.37%	9.02%	-3.65%

Volatility

MAGS vs. AMZN - Volatility Comparison

The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 4.80%, while Amazon.com, Inc (AMZN) has a volatility of 7.24%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGS	AMZN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	7.24%	-2.44%
Volatility (6M) Calculated over the trailing 6-month period	14.31%	20.35%	-6.04%
Volatility (1Y) Calculated over the trailing 1-year period	20.08%	30.00%	-9.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.94%	35.50%	-9.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.94%	32.46%	-6.52%

Dividends

MAGS vs. AMZN - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.43%, while AMZN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
AMZN Amazon.com, Inc	0.00%	0.00%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.43%	1.48%	0.81%	0.44%

Frequently Asked Questions

Can I hold both MAGS and AMZN in my portfolio?

MAGS and AMZN have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAGS or AMZN?

AMZN has higher volatility (7.24%) compared to MAGS (4.80%). In terms of maximum drawdown, MAGS dropped -29.91% vs AMZN's -94.40%.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (1.57 vs 0.72), 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.