MAGS vs. NVDW

Last updated Jun 4, 2026

MAGS (Roundhill Magnificent Seven ETF) and NVDW (Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF) are both exchange-traded funds - MAGS is a Technology Equities fund actively managed by Roundhill, while NVDW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, MAGS returned 31.34% vs 56.88% for NVDW. A 0.65 correlation means they provide meaningful diversification when combined. MAGS charges 0.29%/yr vs 0.99%/yr for NVDW.

Performance

MAGS vs. NVDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Magnificent Seven ETF (MAGS) and Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW). 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 NVDW's 15.96% return.

MAGS

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

NVDW

• 1D: -4.20%
• 1M: 9.65%
• YTD: 15.96%
• 6M: 20.80%
• 1Y: 56.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGS vs. NVDW - Yearly Performance Comparison

	2026 (YTD)	2025
MAGS Roundhill Magnificent Seven ETF	3.73%	26.93%
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	15.96%	40.00%

Correlation

The correlation between MAGS and NVDW is 0.65, 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	0.65
Correlation (All Time) Calculated using the full available price history since Jun 3, 2025	0.65

The correlation between MAGS and NVDW has been stable across timeframes, ranging from 0.65 to 0.65 - a consistent structural relationship.

Return for Risk

MAGS vs. NVDW — 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

NVDW

NVDW Risk / Return Rank: 38
NVDW Sharpe Ratio Rank: 38
NVDW Sortino Ratio Rank: 38
NVDW Omega Ratio Rank: 35
NVDW Calmar Ratio Rank: 45
NVDW Martin Ratio Rank: 35

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. NVDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW). 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	NVDW	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.39	+0.17
Sortino ratio: Return per unit of downside risk	2.15	1.99	+0.16
Omega ratio: Gain probability vs. loss probability	1.27	1.24	+0.03
Calmar ratio: Return relative to maximum drawdown	1.69	2.24	-0.55
Martin ratio: Return relative to average drawdown	5.85	5.44	+0.41
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. NVDW - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 1.57, which is comparable to the NVDW Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of MAGS and NVDW, 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	NVDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	1.39	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	1.52	+0.03

Drawdowns

MAGS vs. NVDW - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, which is greater than NVDW's maximum drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for MAGS and NVDW.

Drawdown Indicators

	MAGS	NVDW	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-25.54%	-4.37%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-25.54%	+6.92%
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	—	—
Current Drawdown Current decline from peak	-3.55%	-10.65%	+7.10%
Average Drawdown Average peak-to-trough decline	-4.70%	-8.19%	+3.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.37%	10.49%	-5.12%

Volatility

MAGS vs. NVDW - Volatility Comparison

The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 4.80%, while Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) has a volatility of 15.04%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than NVDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGS	NVDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	15.04%	-10.24%
Volatility (6M) Calculated over the trailing 6-month period	14.31%	30.74%	-16.43%
Volatility (1Y) Calculated over the trailing 1-year period	20.08%	41.15%	-21.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.94%	41.15%	-15.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.94%	41.15%	-15.21%

MAGS vs. NVDW - Expense Ratio Comparison

MAGS has a 0.29% expense ratio, which is lower than NVDW's 0.99% expense ratio.

Dividends

MAGS vs. NVDW - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.43%, less than NVDW's 58.16% yield.

Position	TTM	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	1.43%	1.48%	0.81%	0.44%
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	58.16%	38.94%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MAGS and NVDW in my portfolio?

MAGS and NVDW have a correlation of 0.65, 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 NVDW?

NVDW has higher volatility (15.04%) compared to MAGS (4.80%). In terms of maximum drawdown, MAGS dropped -29.91% vs NVDW's -25.54%.

Which ETF is better, MAGS or NVDW?

On 1-year performance, NVDW leads with 56.88% vs 31.34% for MAGS. On fees, MAGS is cheaper at 0.29% per year. On volatility, MAGS has been the lower-risk option at 4.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGS or NVDW?

Over the 1-year period, NVDW has performed better with a 56.88% return vs 31.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGS or NVDW?

MAGS is cheaper with a 0.29% expense ratio, compared with 0.99% for NVDW.

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

NVDW has the higher dividend yield at 58.16%, compared with 1.43% for MAGS.

What is the main difference between MAGS and NVDW?

MAGS is categorized as Technology Equities, while NVDW is Derivative Income. Their fees differ too: 0.29% for MAGS and 0.99% for NVDW.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (1.57 vs 1.39), 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.