MAGS vs. WUGI

Last updated Jun 13, 2026

MAGS (Roundhill Magnificent Seven ETF) and WUGI (Esoterica NextG Economy ETF) are both exchange-traded funds - MAGS is a Technology Equities fund actively managed by Roundhill, while WUGI is a Large Cap Growth Equities fund actively managed by Esoterica. Both are actively managed. Over the past 3 years, MAGS returned 31.29%/yr vs 33.73%/yr for WUGI. A 0.79 correlation means they provide meaningful diversification when combined. MAGS charges 0.29%/yr vs 0.75%/yr for WUGI.

Performance

MAGS vs. WUGI - Performance Comparison

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

Returns By Period

In the year-to-date period, MAGS achieves a -1.59% return, which is significantly lower than WUGI's 23.35% return.

MAGS

• 1D: 0.00%
• 1M: -7.97%
• YTD: -1.59%
• 6M: -0.43%
• 1Y: 23.09%
• 3Y*: 31.29%
• 5Y*: —
• 10Y*: —

WUGI

• 1D: 1.10%
• 1M: 5.98%
• YTD: 23.35%
• 6M: 25.24%
• 1Y: 38.78%
• 3Y*: 33.73%
• 5Y*: 16.13%
• 10Y*: —

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

MAGS vs. WUGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	-1.59%	22.99%	63.97%	35.74%
WUGI Esoterica NextG Economy ETF	23.35%	22.66%	47.14%	34.69%

Correlation

The correlation between MAGS and WUGI is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023	0.79

The correlation between MAGS and WUGI has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.

MAGS vs. WUGI - Sectors Allocation Comparison

Sectors	MAGS	WUGI
Technology	15.3%	70.5%
Consumer Cyclical	10.3%	6.3%
Communication Services	9.1%	12.1%
Basic Materials	-	0.0%
Consumer Defensive	-	0.1%
Energy	-	0.0%
Financial Services	-	1.8%
Healthcare	-	0.2%
Industrials	-	9.3%
Real Estate	-	0.1%
Utilities	-	-

Return for Risk

MAGS vs. WUGI — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 33
MAGS Sharpe Ratio Rank: 36
MAGS Sortino Ratio Rank: 34
MAGS Omega Ratio Rank: 34
MAGS Calmar Ratio Rank: 29
MAGS Martin Ratio Rank: 32

WUGI

WUGI Risk / Return Rank: 49
WUGI Sharpe Ratio Rank: 51
WUGI Sortino Ratio Rank: 47
WUGI Omega Ratio Rank: 49
WUGI Calmar Ratio Rank: 49
WUGI Martin Ratio Rank: 47

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. WUGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and Esoterica NextG Economy ETF (WUGI). 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	WUGI	Difference
Sharpe ratio: Return per unit of total volatility	1.14	1.54	-0.39
Sortino ratio: Return per unit of downside risk	1.62	2.08	-0.45
Omega ratio: Gain probability vs. loss probability	1.20	1.28	-0.07
Calmar ratio: Return relative to maximum drawdown	1.25	2.17	-0.92
Martin ratio: Return relative to average drawdown	4.21	7.02	-2.81

MAGS vs. WUGI - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 1.14, which is comparable to the WUGI Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of MAGS and WUGI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MAGS vs. WUGI - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, smaller than the maximum WUGI drawdown of -56.41%. Use the drawdown chart below to compare losses from any high point for MAGS and WUGI.

Drawdown Indicators

	MAGS	WUGI	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-56.41%	+26.50%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-17.99%	-0.63%
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	-27.49%	-2.42%
Max Drawdown (5Y) Largest decline over 5 years	—	-56.41%	—
Current Drawdown Current decline from peak	-8.50%	-3.98%	-4.52%
Average Drawdown Average peak-to-trough decline	-4.72%	-16.61%	+11.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.50%	5.54%	-0.04%

Volatility

MAGS vs. WUGI - Volatility Comparison

The current volatility for Roundhill Magnificent Seven ETF (MAGS) is 5.86%, while Esoterica NextG Economy ETF (WUGI) has a volatility of 13.03%. This indicates that MAGS experiences smaller price fluctuations and is considered to be less risky than WUGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGS	WUGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.86%	13.03%	-7.17%
Volatility (6M) Calculated over the trailing 6-month period	15.07%	22.14%	-7.07%
Volatility (1Y) Calculated over the trailing 1-year period	20.30%	25.36%	-5.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.97%	31.07%	-5.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.97%	31.09%	-5.12%

MAGS vs. WUGI - Expense Ratio Comparison

MAGS has a 0.29% expense ratio, which is lower than WUGI's 0.75% expense ratio.

Dividends

MAGS vs. WUGI - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.50%, less than WUGI's 18.51% yield.

Position	TTM	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	1.50%	1.48%	0.81%	0.44%
WUGI Esoterica NextG Economy ETF	18.51%	22.83%	4.09%	0.00%

Frequently Asked Questions

Can I hold both MAGS and WUGI in my portfolio?

MAGS and WUGI have a correlation of 0.73, 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 WUGI?

WUGI has higher volatility (13.03%) compared to MAGS (5.86%). In terms of maximum drawdown, MAGS dropped -29.91% vs WUGI's -56.41%.

Which ETF is better, MAGS or WUGI?

On 3-year performance, WUGI leads with 33.73% vs 31.29% for MAGS. On fees, MAGS is cheaper at 0.29% per year. On volatility, MAGS has been the lower-risk option at 5.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGS or WUGI?

Over the 3-year period, WUGI has performed better with a 33.73% return vs 31.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGS or WUGI?

MAGS is cheaper with a 0.29% expense ratio, compared with 0.75% for WUGI.

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

WUGI has the higher dividend yield at 18.51%, compared with 1.50% for MAGS.

What is the main difference between MAGS and WUGI?

MAGS is categorized as Technology Equities, while WUGI is Large Cap Growth Equities. They also come from different issuers: Roundhill and Esoterica. Their fees differ too: 0.29% for MAGS and 0.75% for WUGI.

Which has better risk-adjusted returns?

WUGI currently has the higher Sharpe Ratio (1.54 vs 1.14), 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.