MAGS vs. BTCI

Last updated Jun 21, 2026

MAGS (Roundhill Magnificent Seven ETF) and BTCI (NEOS Bitcoin High Income ETF) are both exchange-traded funds - MAGS is a Technology Equities fund actively managed by Roundhill, while BTCI is a Cryptocurrency fund actively managed by Neos. Both are actively managed. Over the past year, MAGS returned 25.62% vs -34.62% for BTCI. At a 0.45 correlation, their price movements are largely independent. MAGS charges 0.29%/yr vs 0.99%/yr for BTCI.

Performance

MAGS vs. BTCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Magnificent Seven ETF (MAGS) and NEOS Bitcoin High Income ETF (BTCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAGS achieves a -0.79% return, which is significantly higher than BTCI's -25.54% return.

MAGS

• 1D: 1.39%
• 1M: -5.84%
• YTD: -0.79%
• 6M: -1.07%
• 1Y: 25.62%
• 3Y*: 31.06%
• 5Y*: —
• 10Y*: —

BTCI

• 1D: -2.32%
• 1M: -17.97%
• YTD: -25.54%
• 6M: -25.93%
• 1Y: -34.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGS vs. BTCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MAGS Roundhill Magnificent Seven ETF	-0.79%	22.99%	16.28%
BTCI NEOS Bitcoin High Income ETF	-25.54%	-1.09%	26.12%

Correlation

The correlation between MAGS and BTCI is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Oct 17, 2024	0.45

Return for Risk

MAGS vs. BTCI — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 31
MAGS Sharpe Ratio Rank: 34
MAGS Sortino Ratio Rank: 32
MAGS Omega Ratio Rank: 32
MAGS Calmar Ratio Rank: 28
MAGS Martin Ratio Rank: 31

BTCI

BTCI Risk / Return Rank: 2
BTCI Sharpe Ratio Rank: 2
BTCI Sortino Ratio Rank: 3
BTCI Omega Ratio Rank: 3
BTCI Calmar Ratio Rank: 3
BTCI Martin Ratio Rank: 2

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. BTCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and NEOS Bitcoin High Income ETF (BTCI). 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.

	MAGS	BTCI	Difference
Sharpe ratio: Return per unit of total volatility	1.18	-0.89	+2.07
Sortino ratio: Return per unit of downside risk	1.67	-1.19	+2.86
Omega ratio: Gain probability vs. loss probability	1.21	0.86	+0.35
Calmar ratio: Return relative to maximum drawdown	1.31	-0.74	+2.05
Martin ratio: Return relative to average drawdown	4.36	-1.31	+5.67

MAGS vs. BTCI - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 1.18, which is higher than the BTCI Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of MAGS and BTCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MAGS vs. BTCI - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum BTCI drawdown of -47.16%. Use the drawdown chart below to compare losses from any high point for MAGS and BTCI.

Drawdown Indicators

	MAGS	BTCI	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-47.16%	+17.25%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-47.16%	+28.54%
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	—	—
Current Drawdown Current decline from peak	-7.75%	-44.94%	+37.19%
Average Drawdown Average peak-to-trough decline	-4.73%	-15.92%	+11.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.58%	26.71%	-21.13%

Volatility

MAGS vs. BTCI - Volatility Comparison

The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 7.03%, while NEOS Bitcoin High Income ETF (BTCI) has a volatility of 12.11%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than BTCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGS	BTCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.03%	12.11%	-5.08%
Volatility (6M) Calculated over the trailing 6-month period	15.57%	31.18%	-15.61%
Volatility (1Y) Calculated over the trailing 1-year period	20.60%	39.53%	-18.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.01%	40.31%	-14.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.01%	40.31%	-14.30%

MAGS vs. BTCI - Expense Ratio Comparison

MAGS has a 0.29% expense ratio, which is lower than BTCI's 0.99% expense ratio.

Dividends

MAGS vs. BTCI - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.49%, less than BTCI's 48.02% yield.

Position	TTM	2025	2024	2023
BTCI NEOS Bitcoin High Income ETF	48.02%	36.46%	6.76%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.49%	1.48%	0.81%	0.44%

Frequently Asked Questions

Can I hold both MAGS and BTCI in my portfolio?

MAGS and BTCI have a correlation of 0.43, 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 BTCI?

BTCI has higher volatility (12.11%) compared to MAGS (7.03%). In terms of maximum drawdown, MAGS dropped -29.91% vs BTCI's -47.16%.

Which ETF is better, MAGS or BTCI?

On 1-year performance, MAGS leads with 25.62% vs -34.62% for BTCI. On fees, MAGS is cheaper at 0.29% per year. On volatility, MAGS has been the lower-risk option at 7.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGS or BTCI?

Over the 1-year period, MAGS has performed better with a 25.62% return vs -34.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGS or BTCI?

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

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

BTCI has the higher dividend yield at 48.02%, compared with 1.49% for MAGS.

What is the main difference between MAGS and BTCI?

MAGS is categorized as Technology Equities, while BTCI is Cryptocurrency. They also come from different issuers: Roundhill and Neos. Their fees differ too: 0.29% for MAGS and 0.99% for BTCI.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (1.18 vs -0.89), 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.