MAGS vs. KLAC
MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill, while KLAC (KLA Corporation) is a stock. Over the past 3 years, MAGS returned 31.29%/yr vs 75.88%/yr for KLAC. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
MAGS vs. KLAC - 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 KLAC's 110.02% return.
MAGS
- 1D
- 0.00%
- 1M
- -7.97%
- YTD
- -1.59%
- 6M
- -0.43%
- 1Y
- 23.09%
- 3Y*
- 31.29%
- 5Y*
- —
- 10Y*
- —
KLAC
- 1D
- 5.55%
- 1M
- 37.79%
- YTD
- 110.02%
- 6M
- 113.75%
- 1Y
- 192.78%
- 3Y*
- 75.88%
- 5Y*
- 52.93%
- 10Y*
- 45.08%
MAGS vs. KLAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MAGS Roundhill Magnificent Seven ETF | -1.59% | 22.99% | 63.97% | 35.74% |
KLAC KLA Corporation | 110.02% | 94.48% | 9.36% | 53.25% |
Correlation
The correlation between MAGS and KLAC is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023 | 0.55 |
The correlation between MAGS and KLAC has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.
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Return for Risk
MAGS vs. KLAC — Risk / Return Rank
MAGS
KLAC
MAGS vs. KLAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and KLA Corporation (KLAC). 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 | KLAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.79 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.54 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 8.66 | -7.41 |
| Martin ratioReturn relative to average drawdown | 4.21 | 27.54 | -23.33 |
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Drawdowns
MAGS vs. KLAC - Drawdown Comparison
The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum KLAC drawdown of -83.74%. Use the drawdown chart below to compare losses from any high point for MAGS and KLAC.
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Drawdown Indicators
| MAGS | KLAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.91% | -83.74% | +53.83% |
Max Drawdown (1Y)Largest decline over 1 year | -18.62% | -22.41% | +3.79% |
Max Drawdown (3Y)Largest decline over 3 years | -29.91% | -34.95% | +5.04% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.28% | — |
Current DrawdownCurrent decline from peak | -8.50% | 0.00% | -8.50% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -29.32% | +24.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 7.03% | -1.53% |
Volatility
MAGS vs. KLAC - Volatility Comparison
The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 5.86%, while KLA Corporation (KLAC) has a volatility of 22.17%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than KLAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGS | KLAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 22.17% | -16.31% |
Volatility (6M)Calculated over the trailing 6-month period | 15.07% | 42.02% | -26.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 49.38% | -29.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.97% | 43.88% | -17.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.97% | 41.86% | -15.89% |
Dividends
MAGS vs. KLAC - Dividend Comparison
MAGS's dividend yield for the trailing twelve months is around 1.50%, more than KLAC's 0.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KLAC KLA Corporation | 0.31% | 0.61% | 0.96% | 0.92% | 1.25% | 0.91% | 1.35% | 1.74% | 3.17% | 2.15% | 2.67% | 2.94% |
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 KLAC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KLAC has higher volatility (22.17%) compared to MAGS (5.86%). In terms of maximum drawdown, MAGS dropped -29.91% vs KLAC's -83.74%.
KLAC currently has the higher Sharpe Ratio (3.93 vs 1.14), 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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