MAGS vs. FSPCX
MAGS (Roundhill Magnificent Seven ETF) and FSPCX (Fidelity Select Insurance Portfolio) are both funds - MAGS is a Technology Equities fund actively managed by Roundhill, while FSPCX is a Financials Equities fund managed by Fidelity. Over the past 3 years, MAGS returned 31.29%/yr vs 14.50%/yr for FSPCX. At a 0.04 correlation, their price movements are largely independent. MAGS charges 0.29%/yr vs 0.78%/yr for FSPCX.
Performance
MAGS vs. FSPCX - Performance Comparison
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Returns By Period
In the year-to-date period, MAGS achieves a -1.59% return, which is significantly lower than FSPCX's -0.79% return.
MAGS
- 1D
- 0.00%
- 1M
- -7.06%
- YTD
- -1.59%
- 6M
- -0.43%
- 1Y
- 23.92%
- 3Y*
- 31.29%
- 5Y*
- —
- 10Y*
- —
FSPCX
- 1D
- 0.03%
- 1M
- 2.47%
- YTD
- -0.79%
- 6M
- -0.60%
- 1Y
- -0.58%
- 3Y*
- 14.50%
- 5Y*
- 11.71%
- 10Y*
- 12.26%
MAGS vs. FSPCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MAGS Roundhill Magnificent Seven ETF | -1.59% | 22.99% | 63.97% | 35.74% |
FSPCX Fidelity Select Insurance Portfolio | -0.79% | 3.45% | 28.44% | 15.76% |
Correlation
The correlation between MAGS and FSPCX is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023 | 0.04 |
The correlation between MAGS and FSPCX shifts across timeframes, from -0.06 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MAGS vs. FSPCX — Risk / Return Rank
MAGS
FSPCX
MAGS vs. FSPCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and Fidelity Select Insurance Portfolio (FSPCX). 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 | FSPCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.01 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | -0.01 | +1.26 |
| Martin ratioReturn relative to average drawdown | 4.21 | -0.03 | +4.23 |
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Drawdowns
MAGS vs. FSPCX - Drawdown Comparison
The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum FSPCX drawdown of -69.48%. Use the drawdown chart below to compare losses from any high point for MAGS and FSPCX.
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Drawdown Indicators
| MAGS | FSPCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.91% | -69.48% | +39.57% |
Max Drawdown (1Y)Largest decline over 1 year | -18.62% | -9.98% | -8.64% |
Max Drawdown (3Y)Largest decline over 3 years | -29.91% | -11.69% | -18.22% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.68% | — |
Current DrawdownCurrent decline from peak | -8.50% | -5.50% | -3.00% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -9.70% | +4.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 4.98% | +0.52% |
Volatility
MAGS vs. FSPCX - Volatility Comparison
Roundhill Magnificent Seven ETF (MAGS) and Fidelity Select Insurance Portfolio (FSPCX) have volatilities of 5.86% and 5.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGS | FSPCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 5.74% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 15.07% | 11.31% | +3.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 15.53% | +4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.97% | 17.59% | +8.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.97% | 20.12% | +5.85% |
MAGS vs. FSPCX - Expense Ratio Comparison
MAGS has a 0.29% expense ratio, which is lower than FSPCX's 0.78% expense ratio.
Dividends
MAGS vs. FSPCX - Dividend Comparison
MAGS's dividend yield for the trailing twelve months is around 1.50%, less than FSPCX's 4.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSPCX Fidelity Select Insurance Portfolio | 4.74% | 3.35% | 8.72% | 8.48% | 0.74% | 8.40% | 8.80% | 6.90% | 32.69% | 12.52% | 2.81% | 3.11% |
MAGS Roundhill Magnificent Seven ETF | 1.50% | 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
MAGS and FSPCX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MAGS has higher volatility (5.86%) compared to FSPCX (5.74%). In terms of maximum drawdown, MAGS dropped -29.91% vs FSPCX's -69.48%.
MAGS currently has the higher Sharpe Ratio (1.14 vs -0.01), 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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