MAGS vs. AXP

Last updated Jun 10, 2026

MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill, while AXP (American Express Company) is a stock. Over the past 3 years, MAGS returned 32.58%/yr vs 24.31%/yr for AXP. At a 0.40 correlation, their price movements are largely independent.

Performance

MAGS vs. AXP - Performance Comparison

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

Returns By Period

In the year-to-date period, MAGS achieves a -0.45% return, which is significantly higher than AXP's -13.48% return.

MAGS

• 1D: -1.31%
• 1M: -5.69%
• YTD: -0.45%
• 6M: -0.80%
• 1Y: 25.07%
• 3Y*: 32.58%
• 5Y*: —
• 10Y*: —

AXP

• 1D: 1.95%
• 1M: 0.74%
• YTD: -13.48%
• 6M: -12.04%
• 1Y: 6.68%
• 3Y*: 24.31%
• 5Y*: 15.83%
• 10Y*: 18.88%

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

MAGS vs. AXP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	-0.45%	22.99%	63.97%	35.74%
AXP American Express Company	-13.48%	25.99%	60.32%	17.14%

Correlation

The correlation between MAGS and AXP is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023	0.40

Return for Risk

MAGS vs. AXP — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 36
MAGS Sharpe Ratio Rank: 39
MAGS Sortino Ratio Rank: 38
MAGS Omega Ratio Rank: 37
MAGS Calmar Ratio Rank: 31
MAGS Martin Ratio Rank: 34

AXP

AXP Risk / Return Rank: 48
AXP Sharpe Ratio Rank: 52
AXP Sortino Ratio Rank: 45
AXP Omega Ratio Rank: 45
AXP Calmar Ratio Rank: 50
AXP Martin Ratio Rank: 50

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. AXP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and American Express Company (AXP). 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	AXP	Difference
Sharpe ratio: Return per unit of total volatility	1.25	0.26	+0.99
Sortino ratio: Return per unit of downside risk	1.75	0.52	+1.24
Omega ratio: Gain probability vs. loss probability	1.22	1.07	+0.15
Calmar ratio: Return relative to maximum drawdown	1.35	0.28	+1.07
Martin ratio: Return relative to average drawdown	4.64	0.61	+4.03
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. AXP - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 1.25, which is higher than the AXP Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of MAGS and AXP, 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	AXP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	0.26	+0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	0.29	+1.15

Drawdowns

MAGS vs. AXP - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum AXP drawdown of -83.91%. Use the drawdown chart below to compare losses from any high point for MAGS and AXP.

Drawdown Indicators

	MAGS	AXP	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-83.91%	+54.00%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-23.90%	+5.28%
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	-28.76%	-1.15%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.55%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.64%	—
Current Drawdown Current decline from peak	-7.44%	-16.83%	+9.39%
Average Drawdown Average peak-to-trough decline	-4.70%	-22.05%	+17.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.42%	11.01%	-5.59%

Volatility

MAGS vs. AXP - Volatility Comparison

The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 5.85%, while American Express Company (AXP) has a volatility of 6.53%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than AXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGS	AXP	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.85%	6.53%	-0.68%
Volatility (6M) Calculated over the trailing 6-month period	14.90%	20.14%	-5.24%
Volatility (1Y) Calculated over the trailing 1-year period	20.23%	26.28%	-6.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.98%	29.49%	-3.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.98%	31.84%	-5.86%

Dividends

MAGS vs. AXP - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.49%, more than AXP's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AXP American Express Company	1.07%	0.85%	0.91%	1.24%	1.35%	1.05%	1.42%	1.29%	1.51%	1.32%	1.61%	1.58%
MAGS Roundhill Magnificent Seven ETF	1.49%	1.48%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MAGS and AXP in my portfolio?

MAGS and AXP have a correlation of 0.33, 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 AXP?

AXP has higher volatility (6.53%) compared to MAGS (5.85%). In terms of maximum drawdown, MAGS dropped -29.91% vs AXP's -83.91%.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (1.25 vs 0.26), 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.