MAGS vs. PSI

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill Magnificent Seven ETF (MAGS) and Invesco Semiconductors ETF (PSI).

MAGS and PSI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAGS is an actively managed fund by Roundhill. It was launched on Apr 10, 2023. PSI is a passively managed fund by Invesco that tracks the performance of the Dynamic Semiconductors Intellidex Index. It was launched on Jun 23, 2005.

Performance

MAGS vs. PSI - Performance Comparison

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

MAGS vs. PSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	-12.16%	22.99%	63.97%	37.32%
PSI Invesco Semiconductors ETF	19.68%	36.32%	17.17%	25.85%

Returns By Period

In the year-to-date period, MAGS achieves a -12.16% return, which is significantly lower than PSI's 19.68% return.

MAGS

• 1D: 4.60%
• 1M: -5.56%
• YTD: -12.16%
• 6M: -9.36%
• 1Y: 28.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSI

• 1D: 6.62%
• 1M: -4.66%
• YTD: 19.68%
• 6M: 34.22%
• 1Y: 99.43%
• 3Y*: 32.09%
• 5Y*: 17.89%
• 10Y*: 27.52%

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

MAGS vs. PSI - Expense Ratio Comparison

MAGS has a 0.29% expense ratio, which is lower than PSI's 0.56% expense ratio.

PSI

Invesco Semiconductors ETF

MAGS

Roundhill Magnificent Seven ETF

Return for Risk

MAGS vs. PSI — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 62
MAGS Sharpe Ratio Rank: 59
MAGS Sortino Ratio Rank: 67
MAGS Omega Ratio Rank: 62
MAGS Calmar Ratio Rank: 63
MAGS Martin Ratio Rank: 58

PSI

PSI Risk / Return Rank: 95
PSI Sharpe Ratio Rank: 95
PSI Sortino Ratio Rank: 94
PSI Omega Ratio Rank: 92
PSI Calmar Ratio Rank: 98
PSI Martin Ratio Rank: 97

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. PSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and Invesco Semiconductors ETF (PSI). 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	PSI	Difference
Sharpe ratio Return per unit of total volatility	0.99	2.29	-1.31
Sortino ratio Return per unit of downside risk	1.61	2.79	-1.19
Omega ratio Gain probability vs. loss probability	1.21	1.39	-0.18
Calmar ratio Return relative to maximum drawdown	1.49	5.26	-3.77
Martin ratio Return relative to average drawdown	5.25	19.05	-13.81
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. PSI - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 0.99, which is lower than the PSI Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of MAGS and PSI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MAGS	PSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	2.29	-1.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.48	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.34	0.50	+0.83

Correlation

The correlation between MAGS and PSI is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MAGS vs. PSI - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.68%, more than PSI's 0.08% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAGS Roundhill Magnificent Seven ETF	1.68%	1.48%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSI Invesco Semiconductors ETF	0.08%	0.10%	0.15%	0.40%	0.61%	0.14%	0.21%	0.52%	0.83%	0.21%	0.68%	0.16%

Drawdowns

MAGS vs. PSI - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum PSI drawdown of -62.96%. Use the drawdown chart below to compare losses from any high point for MAGS and PSI.

Drawdown Indicators

	MAGS	PSI	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-62.96%	+33.05%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-18.67%	+0.05%
Max Drawdown (5Y) Largest decline over 5 years	—	-44.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.85%	—
Current Drawdown Current decline from peak	-14.87%	-9.88%	-4.99%
Average Drawdown Average peak-to-trough decline	-4.75%	-16.05%	+11.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.29%	5.15%	+0.14%

Volatility

MAGS vs. PSI - Volatility Comparison

The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 8.36%, while Invesco Semiconductors ETF (PSI) has a volatility of 16.03%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than PSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGS	PSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.36%	16.03%	-7.67%
Volatility (6M) Calculated over the trailing 6-month period	15.45%	29.69%	-14.24%
Volatility (1Y) Calculated over the trailing 1-year period	28.68%	43.61%	-14.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.29%	37.38%	-11.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.29%	34.66%	-8.37%