MAGS vs. KROP

Last updated Jun 4, 2026

MAGS (Roundhill Magnificent Seven ETF) and KROP (Global X AgTech & Food Innovation ETF) are both Technology Equities funds. MAGS is actively managed, while KROP is passively managed. Over the past 3 years, MAGS returned 33.71%/yr vs 0.81%/yr for KROP. At a 0.22 correlation, their price movements are largely independent. MAGS charges 0.29%/yr vs 0.50%/yr for KROP.

Performance

MAGS vs. KROP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Magnificent Seven ETF (MAGS) and Global X AgTech & Food Innovation ETF (KROP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAGS achieves a 3.73% return, which is significantly lower than KROP's 16.34% return.

MAGS

• 1D: -1.08%
• 1M: 2.17%
• YTD: 3.73%
• 6M: 3.62%
• 1Y: 31.34%
• 3Y*: 33.71%
• 5Y*: —
• 10Y*: —

KROP

• 1D: 0.21%
• 1M: -0.06%
• YTD: 16.34%
• 6M: 14.63%
• 1Y: 13.67%
• 3Y*: 0.81%
• 5Y*: —
• 10Y*: —

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

MAGS vs. KROP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	3.73%	22.99%	63.97%	37.32%
KROP Global X AgTech & Food Innovation ETF	16.34%	7.95%	-8.74%	-23.00%

Correlation

The correlation between MAGS and KROP is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (All Time) Calculated using the full available price history since Apr 12, 2023	0.22

MAGS vs. KROP - Sectors Allocation Comparison

Sectors	MAGS	KROP
Technology	15.3%	-
Consumer Cyclical	10.5%	0.3%
Communication Services	9.3%	-
Basic Materials	-	32.1%
Consumer Defensive	-	26.3%
Energy	-	-
Financial Services	-	-
Healthcare	-	0.3%
Industrials	-	39.7%
Real Estate	-	-
Utilities	-	-

Return for Risk

MAGS vs. KROP — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 39
MAGS Sharpe Ratio Rank: 44
MAGS Sortino Ratio Rank: 42
MAGS Omega Ratio Rank: 40
MAGS Calmar Ratio Rank: 33
MAGS Martin Ratio Rank: 37

KROP

KROP Risk / Return Rank: 24
KROP Sharpe Ratio Rank: 24
KROP Sortino Ratio Rank: 24
KROP Omega Ratio Rank: 23
KROP Calmar Ratio Rank: 26
KROP Martin Ratio Rank: 22

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. KROP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and Global X AgTech & Food Innovation ETF (KROP). 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.

	MAGS	KROP	Difference
Sharpe ratio: Return per unit of total volatility	1.57	0.86	+0.71
Sortino ratio: Return per unit of downside risk	2.15	1.31	+0.84
Omega ratio: Gain probability vs. loss probability	1.27	1.16	+0.11
Calmar ratio: Return relative to maximum drawdown	1.69	1.22	+0.47
Martin ratio: Return relative to average drawdown	5.85	2.75	+3.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MAGS vs. KROP - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 1.57, which is higher than the KROP Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of MAGS and KROP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MAGS	KROP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	0.86	+0.71
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	-0.57	+2.12

Drawdowns

MAGS vs. KROP - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum KROP drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for MAGS and KROP.

Drawdown Indicators

	MAGS	KROP	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-61.96%	+32.05%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-11.29%	-7.33%
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	-28.70%	-1.21%
Current Drawdown Current decline from peak	-3.55%	-49.05%	+45.50%
Average Drawdown Average peak-to-trough decline	-4.70%	-44.50%	+39.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.37%	4.99%	+0.38%

Volatility

MAGS vs. KROP - Volatility Comparison

Roundhill Magnificent Seven ETF (MAGS) and Global X AgTech & Food Innovation ETF (KROP) have volatilities of 4.80% and 4.77%, 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.

Volatility by Period

	MAGS	KROP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	4.77%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	14.31%	12.01%	+2.30%
Volatility (1Y) Calculated over the trailing 1-year period	20.08%	16.04%	+4.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.94%	22.28%	+3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.94%	22.28%	+3.66%

MAGS vs. KROP - Expense Ratio Comparison

MAGS has a 0.29% expense ratio, which is lower than KROP's 0.50% expense ratio.

Dividends

MAGS vs. KROP - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.43%, less than KROP's 2.35% yield.

Position	TTM	2025	2024	2023	2022	2021
KROP Global X AgTech & Food Innovation ETF	2.35%	2.73%	1.89%	1.36%	0.71%	0.69%
MAGS Roundhill Magnificent Seven ETF	1.43%	1.48%	0.81%	0.44%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MAGS and KROP in my portfolio?

MAGS and KROP have a correlation of 0.14, 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 KROP?

MAGS has higher volatility (4.80%) compared to KROP (4.77%). In terms of maximum drawdown, MAGS dropped -29.91% vs KROP's -61.96%.

Which ETF is better, MAGS or KROP?

On 3-year performance, MAGS leads with 33.71% vs 0.81% for KROP. On fees, MAGS is cheaper at 0.29% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGS or KROP?

Over the 3-year period, MAGS has performed better with a 33.71% return vs 0.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGS or KROP?

MAGS is cheaper with a 0.29% expense ratio, compared with 0.50% for KROP.

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

KROP has the higher dividend yield at 2.35%, compared with 1.43% for MAGS.

What is the main difference between MAGS and KROP?

They also come from different issuers: Roundhill and Global X. Their fees differ too: 0.29% for MAGS and 0.50% for KROP.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (1.57 vs 0.86), 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.