MAGS vs. ESPO
MAGS (Roundhill Magnificent Seven ETF) and ESPO (VanEck Video Gaming and eSports ETF) are both exchange-traded funds - MAGS is a Technology Equities fund actively managed by Roundhill, while ESPO is a Gaming fund tracking the MVIS Global Video Gaming and eSports Index. MAGS is actively managed, while ESPO is passively managed. Over the past 3 years, MAGS returned 28.94%/yr vs 18.46%/yr for ESPO. Their 0.60 correlation means they have sometimes moved together and sometimes differently. MAGS charges 0.29%/yr vs 0.55%/yr for ESPO.
Performance
MAGS vs. ESPO - Performance Comparison
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Returns By Period
MAGS
- 1D
- 3.19%
- 1M
- 0.18%
- 6M
- -0.29%
- YTD
- 0.00%
- 1Y
- 14.23%
- 3Y*
- 28.94%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 35.62%
ESPO
- 1D
- -3.16%
- 1M
- 3.18%
- 6M
- -5.98%
- YTD
- -9.09%
- 1Y
- -11.33%
- 3Y*
- 18.46%
- 5Y*
- 8.32%
- 10Y*
- —
- ALL TIME*
- 16.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.98M | $1.50M | $1.55M | |
| $254.73M | $303.60M | $278.63M |
MAGS vs. ESPO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MAGS Roundhill Magnificent Seven ETF | 0.00% | 22.99% | 63.97% | 35.74% |
ESPO VanEck Video Gaming and eSports ETF | -9.09% | 25.79% | 47.61% | 8.98% |
Correlation
The correlation between MAGS and ESPO is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023 | 0.60 |
The correlation between MAGS and ESPO has been stable across timeframes, ranging from 0.57 to 0.60 - a consistent structural relationship.
MAGS vs. ESPO - Sectors Allocation Comparison
Sectors
MAGS
ESPO
Technology
Communication Services
Consumer Cyclical
Basic Materials
-
-
Consumer Defensive
-
-
Energy
-
-
Financial Services
-
-
Healthcare
-
-
Industrials
-
-
Real Estate
-
-
Utilities
-
-
Technology
MAGS
ESPO
Communication Services
MAGS
ESPO
Consumer Cyclical
MAGS
ESPO
Basic Materials
MAGS
-
ESPO
-
Consumer Defensive
MAGS
-
ESPO
-
Energy
MAGS
-
ESPO
-
Financial Services
MAGS
-
ESPO
-
Healthcare
MAGS
-
ESPO
-
Industrials
MAGS
-
ESPO
-
Real Estate
MAGS
-
ESPO
-
Utilities
MAGS
-
ESPO
-
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Return for Risk
MAGS vs. ESPO — Risk / Return Rank
MAGS
ESPO
MAGS vs. ESPO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and VanEck Video Gaming and eSports ETF (ESPO). 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 | ESPO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.92 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | -0.39 | +1.15 |
| Martin ratioReturn relative to average drawdown | 2.26 | -0.62 | +2.88 |
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Drawdowns
MAGS vs. ESPO - Drawdown Comparison
The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum ESPO drawdown of -50.99%. Use the drawdown chart below to compare losses from any high point for MAGS and ESPO.
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Drawdown Indicators
| MAGS | ESPO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.91% | -50.99% | +21.08% |
Max Drawdown (1Y)Largest decline over 1 year | -18.62% | -29.43% | +10.81% |
Max Drawdown (3Y)Largest decline over 3 years | -29.91% | -29.43% | -0.48% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.33% | — |
Current DrawdownCurrent decline from peak | -7.02% | -22.03% | +15.01% |
Average DrawdownAverage peak-to-trough decline | -4.86% | -15.23% | +10.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.31% | 18.32% | -12.01% |
Volatility
MAGS vs. ESPO - Volatility Comparison
Roundhill Magnificent Seven ETF (MAGS) has a higher volatility of 8.02% compared to VanEck Video Gaming and eSports ETF (ESPO) at 6.66%. This indicates that MAGS's price experiences larger fluctuations and is considered to be riskier than ESPO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGS | ESPO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 6.66% | +1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 17.37% | 16.07% | +1.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.30% | 19.65% | +2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.09% | 25.12% | +0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.09% | 25.65% | +0.44% |
MAGS vs. ESPO - Expense Ratio Comparison
MAGS has a 0.29% expense ratio, which is lower than ESPO's 0.55% expense ratio.
Dividends
MAGS vs. ESPO - Dividend Comparison
MAGS's dividend yield for the trailing twelve months is around 1.48%, more than ESPO's 1.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
ESPO VanEck Video Gaming and eSports ETF | 1.37% | 1.24% | 0.44% | 0.96% | 0.91% | 3.36% | 0.12% | 0.22% | 0.04% |
MAGS Roundhill Magnificent Seven ETF | 1.48% | 1.48% | 0.81% | 0.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MAGS and ESPO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MAGS has higher volatility (8.02%) compared to ESPO (6.66%). In terms of maximum drawdown, MAGS dropped -29.91% vs ESPO's -50.99%.
On 3-year performance, MAGS leads with 28.94% vs 18.46% for ESPO. On fees, MAGS is cheaper at 0.29% per year. On volatility, ESPO has been the lower-risk option at 6.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, MAGS has performed better with a 28.94% return vs 18.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MAGS is cheaper with a 0.29% expense ratio, compared with 0.55% for ESPO.
MAGS has the higher dividend yield at 1.48%, compared with 1.37% for ESPO.
MAGS is categorized as Technology Equities, while ESPO is Gaming. They also come from different issuers: Roundhill and VanEck. Their fees differ too: 0.29% for MAGS and 0.55% for ESPO.
MAGS currently has the higher Sharpe Ratio (0.64 vs -0.58), 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.
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