MAGS vs. NVDA
MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill, while NVDA (NVIDIA Corporation) is a stock. Over the past 3 years, MAGS returned 31.29%/yr vs 71.13%/yr for NVDA. A 0.70 correlation means they provide meaningful diversification when combined.
Performance
MAGS vs. NVDA - 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 NVDA's 10.16% return.
MAGS
- 1D
- 0.00%
- 1M
- -7.97%
- YTD
- -1.59%
- 6M
- -0.43%
- 1Y
- 23.09%
- 3Y*
- 31.29%
- 5Y*
- —
- 10Y*
- —
NVDA
- 1D
- 0.16%
- 1M
- -9.03%
- YTD
- 10.16%
- 6M
- 17.38%
- 1Y
- 41.70%
- 3Y*
- 71.13%
- 5Y*
- 63.13%
- 10Y*
- 67.95%
MAGS vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MAGS Roundhill Magnificent Seven ETF | -1.59% | 22.99% | 63.97% | 35.74% |
NVDA NVIDIA Corporation | 10.16% | 38.92% | 171.25% | 79.61% |
Correlation
The correlation between MAGS and NVDA is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023 | 0.70 |
The correlation between MAGS and NVDA has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.
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Return for Risk
MAGS vs. NVDA — Risk / Return Rank
MAGS
NVDA
MAGS vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and NVIDIA Corporation (NVDA). 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 | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 2.07 | -0.83 |
| Martin ratioReturn relative to average drawdown | 4.21 | 4.94 | -0.74 |
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Drawdowns
MAGS vs. NVDA - Drawdown Comparison
The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for MAGS and NVDA.
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Drawdown Indicators
| MAGS | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.91% | -89.72% | +59.81% |
Max Drawdown (1Y)Largest decline over 1 year | -18.62% | -20.21% | +1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -29.91% | -36.88% | +6.97% |
Max Drawdown (5Y)Largest decline over 5 years | — | -66.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | -8.50% | -12.86% | +4.36% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -36.18% | +31.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 8.46% | -2.96% |
Volatility
MAGS vs. NVDA - Volatility Comparison
The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 5.86%, while NVIDIA Corporation (NVDA) has a volatility of 13.26%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGS | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 13.26% | -7.40% |
Volatility (6M)Calculated over the trailing 6-month period | 15.07% | 26.67% | -11.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 35.00% | -14.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.97% | 51.76% | -25.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.97% | 49.84% | -23.87% |
Dividends
MAGS vs. NVDA - Dividend Comparison
MAGS's dividend yield for the trailing twelve months is around 1.50%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Frequently Asked Questions
MAGS and NVDA have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDA has higher volatility (13.26%) compared to MAGS (5.86%). In terms of maximum drawdown, MAGS dropped -29.91% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.20 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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