MAGS vs. TSXU

Last updated Jun 4, 2026

MAGS (Roundhill Magnificent Seven ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - MAGS is a Technology Equities fund actively managed by Roundhill, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). MAGS is actively managed, while TSXU is passively managed. A 0.69 correlation means they provide meaningful diversification when combined. MAGS charges 0.29%/yr vs 1.05%/yr for TSXU.

Performance

MAGS vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Magnificent Seven ETF (MAGS) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). 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 TSXU's 141.91% return.

MAGS

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

TSXU

• 1D: -0.92%
• 1M: 66.50%
• YTD: 141.91%
• 6M: 130.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGS vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
MAGS Roundhill Magnificent Seven ETF	3.73%	2.64%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between MAGS and TSXU is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.69

Return for Risk

MAGS vs. TSXU — 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

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. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). 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	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	1.57	—	—
Sortino ratio: Return per unit of downside risk	2.15	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.69	—	—
Martin ratio: Return relative to average drawdown	5.85	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MAGS	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	4.53	-2.99

Drawdowns

MAGS vs. TSXU - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for MAGS and TSXU.

Drawdown Indicators

	MAGS	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-35.62%	+5.71%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	—	—
Current Drawdown Current decline from peak	-3.55%	-0.92%	-2.63%
Average Drawdown Average peak-to-trough decline	-4.70%	-10.56%	+5.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.37%	—	—

Volatility

Volatility by Period

	MAGS	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.08%	78.68%	-58.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.94%	78.68%	-52.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.94%	78.68%	-52.74%

MAGS vs. TSXU - Expense Ratio Comparison

MAGS has a 0.29% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

MAGS vs. TSXU - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.43%, more than TSXU's 1.20% yield.

Position	TTM	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	1.43%	1.48%	0.81%	0.44%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MAGS and TSXU in my portfolio?

MAGS and TSXU have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MAGS or TSXU?

On fees, MAGS is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MAGS or TSXU?

MAGS is cheaper with a 0.29% expense ratio, compared with 1.05% for TSXU.

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

MAGS has the higher dividend yield at 1.43%, compared with 1.20% for TSXU.

What is the main difference between MAGS and TSXU?

MAGS is categorized as Technology Equities, while TSXU is Leveraged Equities. They also come from different issuers: Roundhill and Direxion. Their fees differ too: 0.29% for MAGS and 1.05% for TSXU.