MAGS vs. RDW
MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill, while RDW (Redwire Corporation) is a stock. Over the past 3 years, MAGS returned 31.29%/yr vs 79.83%/yr for RDW. At a 0.31 correlation, their price movements are largely independent.
Performance
MAGS vs. RDW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MAGS achieves a -1.59% return, which is significantly lower than RDW's 98.95% return.
MAGS
- 1D
- 0.00%
- 1M
- -7.97%
- YTD
- -1.59%
- 6M
- -0.43%
- 1Y
- 23.09%
- 3Y*
- 31.29%
- 5Y*
- —
- 10Y*
- —
RDW
- 1D
- -11.53%
- 1M
- 31.94%
- YTD
- 98.95%
- 6M
- 107.41%
- 1Y
- -21.74%
- 3Y*
- 79.83%
- 5Y*
- —
- 10Y*
- —
MAGS vs. RDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MAGS Roundhill Magnificent Seven ETF | -1.59% | 22.99% | 63.97% | 35.74% |
RDW Redwire Corporation | 98.95% | -53.83% | 477.54% | -0.70% |
Correlation
The correlation between MAGS and RDW is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023 | 0.31 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MAGS vs. RDW — Risk / Return Rank
MAGS
RDW
MAGS vs. RDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and Redwire Corporation (RDW). 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 | RDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.07 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | -0.29 | +1.53 |
| Martin ratioReturn relative to average drawdown | 4.21 | -0.42 | +4.63 |
Loading charts...
Drawdowns
MAGS vs. RDW - Drawdown Comparison
The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum RDW drawdown of -87.26%. Use the drawdown chart below to compare losses from any high point for MAGS and RDW.
Loading charts...
Drawdown Indicators
| MAGS | RDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.91% | -87.26% | +57.35% |
Max Drawdown (1Y)Largest decline over 1 year | -18.62% | -75.40% | +56.78% |
Max Drawdown (3Y)Largest decline over 3 years | -29.91% | -80.28% | +50.37% |
Current DrawdownCurrent decline from peak | -8.50% | -41.62% | +33.12% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -59.30% | +54.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 51.88% | -46.38% |
Volatility
MAGS vs. RDW - Volatility Comparison
The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 5.86%, while Redwire Corporation (RDW) has a volatility of 53.68%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than RDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MAGS | RDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 53.68% | -47.82% |
Volatility (6M)Calculated over the trailing 6-month period | 15.07% | 94.49% | -79.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 118.63% | -98.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.97% | 96.83% | -70.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.97% | 96.83% | -70.86% |
Dividends
MAGS vs. RDW - Dividend Comparison
MAGS's dividend yield for the trailing twelve months is around 1.50%, while RDW has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MAGS Roundhill Magnificent Seven ETF | 1.50% | 1.48% | 0.81% | 0.44% |
RDW Redwire Corporation | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MAGS and RDW have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (53.68%) compared to MAGS (5.86%). In terms of maximum drawdown, MAGS dropped -29.91% vs RDW's -87.26%.
MAGS currently has the higher Sharpe Ratio (1.14 vs -0.18), 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.
Find the right allocation for MAGS and RDW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer