MAGS vs. IBIT

Last updated Jul 21, 2026

MAGS (Roundhill Magnificent Seven ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - MAGS is a Technology Equities fund actively managed by Roundhill, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. MAGS is actively managed, while IBIT is passively managed. Over the past year, MAGS returned 18.75% vs -44.68% for IBIT. At a 0.39 correlation, their price movements are largely independent. MAGS charges 0.29%/yr vs 0.25%/yr for IBIT.

Performance

MAGS vs. IBIT - Performance Comparison

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

Returns By Period

In the year-to-date period, MAGS achieves a 1.47% return, which is significantly higher than IBIT's -25.70% return.

MAGS

• 1D: 0.03%
• 1M: 2.28%
• 6M: 3.13%
• YTD: 1.47%
• 1Y: 18.75%
• 3Y*: 31.30%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 36.61%

IBIT

• 1D: 1.49%
• 1M: 3.57%
• 6M: -31.99%
• YTD: -25.70%
• 1Y: -44.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.65%

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

MAGS vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MAGS Roundhill Magnificent Seven ETF	1.47%	22.99%	61.84%
IBIT iShares Bitcoin Trust ETF	-25.70%	-6.41%	89.87%

Correlation

The correlation between MAGS and IBIT is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.39

Return for Risk

MAGS vs. IBIT — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 30
MAGS Sharpe Ratio Rank: 32
MAGS Sortino Ratio Rank: 31
MAGS Omega Ratio Rank: 30
MAGS Calmar Ratio Rank: 28
MAGS Martin Ratio Rank: 29

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 2
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT 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. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and iShares Bitcoin Trust ETF (IBIT). 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	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	0.88	-1.01	+1.89
Sortino ratio: Return per unit of downside risk	1.31	-1.50	+2.81
Omega ratio: Gain probability vs. loss probability	1.16	0.83	+0.32
Calmar ratio: Return relative to maximum drawdown	1.01	-0.84	+1.85
Martin ratio: Return relative to average drawdown	3.11	-1.34	+4.45

MAGS vs. IBIT - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 0.88, which is higher than the IBIT Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of MAGS and IBIT, 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. IBIT - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for MAGS and IBIT.

Drawdown Indicators

	MAGS	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-53.30%	+23.39%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-53.30%	+34.68%
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	—	—
Current Drawdown Current decline from peak	-5.65%	-48.25%	+42.60%
Average Drawdown Average peak-to-trough decline	-4.81%	-17.81%	+13.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.04%	33.42%	-27.38%

Volatility

MAGS vs. IBIT - Volatility Comparison

The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 7.49%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 10.67%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGS	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.49%	10.67%	-3.18%
Volatility (6M) Calculated over the trailing 6-month period	16.68%	34.60%	-17.92%
Volatility (1Y) Calculated over the trailing 1-year period	21.47%	44.40%	-22.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.00%	49.85%	-23.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.00%	49.85%	-23.85%

MAGS vs. IBIT - Expense Ratio Comparison

MAGS has a 0.29% expense ratio, which is higher than IBIT's 0.25% expense ratio.

Dividends

MAGS vs. IBIT - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.46%, while IBIT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.46%	1.48%	0.81%	0.44%

Frequently Asked Questions

Can I hold both MAGS and IBIT in my portfolio?

MAGS and IBIT have a correlation of 0.44, 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 IBIT?

IBIT has higher volatility (10.67%) compared to MAGS (7.49%). In terms of maximum drawdown, MAGS dropped -29.91% vs IBIT's -53.30%.

Which ETF is better, MAGS or IBIT?

On 1-year performance, MAGS leads with 18.75% vs -44.68% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, MAGS has been the lower-risk option at 7.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGS or IBIT?

Over the 1-year period, MAGS has performed better with a 18.75% return vs -44.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGS or IBIT?

IBIT is cheaper with a 0.25% expense ratio, compared with 0.29% for MAGS.

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

MAGS has the higher dividend yield at 1.46%, compared with 0.00% for IBIT.

What is the main difference between MAGS and IBIT?

MAGS is categorized as Technology Equities, while IBIT is Cryptocurrency. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.29% for MAGS and 0.25% for IBIT.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (0.88 vs -1.01), 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.