MAGS vs. TOPT
Compare and contrast key facts about Roundhill Magnificent Seven ETF (MAGS) and iShares Top 20 U.S. Stocks ETF (TOPT).
MAGS and TOPT 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. TOPT is a passively managed fund by iShares that tracks the performance of the S&P 500 Top 20 Select Index. It was launched on Nov 23, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MAGS or TOPT.
Correlation
The correlation between MAGS and TOPT is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MAGS vs. TOPT - Performance Comparison
Key characteristics
MAGS:
25.92%
TOPT:
17.56%
MAGS:
-18.10%
TOPT:
-5.30%
MAGS:
-7.23%
TOPT:
-2.63%
Returns By Period
In the year-to-date period, MAGS achieves a -1.49% return, which is significantly lower than TOPT's 0.88% return.
MAGS
-1.49%
-5.01%
18.93%
41.63%
N/A
N/A
TOPT
0.88%
-1.57%
N/A
N/A
N/A
N/A
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MAGS vs. TOPT - Expense Ratio Comparison
MAGS has a 0.29% expense ratio, which is higher than TOPT's 0.20% expense ratio.
Risk-Adjusted Performance
MAGS vs. TOPT — Risk-Adjusted Performance Rank
MAGS
TOPT
MAGS vs. TOPT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and iShares Top 20 U.S. Stocks ETF (TOPT). 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.
Not enough dataDividends
MAGS vs. TOPT - Dividend Comparison
MAGS's dividend yield for the trailing twelve months is around 0.82%, more than TOPT's 0.08% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
MAGS Roundhill Magnificent Seven ETF | 0.82% | 0.81% | 0.44% |
TOPT iShares Top 20 U.S. Stocks ETF | 0.08% | 0.08% | 0.00% |
Drawdowns
MAGS vs. TOPT - Drawdown Comparison
The maximum MAGS drawdown since its inception was -18.10%, which is greater than TOPT's maximum drawdown of -5.30%. Use the drawdown chart below to compare losses from any high point for MAGS and TOPT. For additional features, visit the drawdowns tool.
Volatility
MAGS vs. TOPT - Volatility Comparison
Roundhill Magnificent Seven ETF (MAGS) has a higher volatility of 6.75% compared to iShares Top 20 U.S. Stocks ETF (TOPT) at 5.22%. This indicates that MAGS's price experiences larger fluctuations and is considered to be riskier than TOPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.