MAGS vs. XOMO

Last updated Aug 2, 2026

MAGS (Roundhill Magnificent Seven ETF) and XOMO (YieldMax XOM Option Income Strategy ETF) are both exchange-traded funds - MAGS is a Technology Equities fund actively managed by Roundhill, while XOMO is a Derivative Income fund actively managed by YieldMax. Both are actively managed. Over the past year, MAGS returned 17.98% vs 29.93% for XOMO. Their -0.12 correlation means they have often moved in opposite directions in the past. MAGS charges 0.30%/yr vs 1.01%/yr for XOMO.

Performance

MAGS vs. XOMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Magnificent Seven ETF (MAGS) and YieldMax XOM Option Income Strategy ETF (XOMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MAGS

• 1D: 3.19%
• 1M: 1.32%
• 6M: -0.29%
• YTD: 0.00%
• 1Y: 17.98%
• 3Y*: 28.94%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 35.62%

XOMO

• 1D: -1.31%
• 1M: 10.95%
• 6M: 6.18%
• YTD: 20.26%
• 1Y: 29.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.86%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MAGS Roundhill Magnificent Seven ETF	$254.73M	$303.60M	$278.63M
XOMO YieldMax XOM Option Income Strategy ETF	$613.93K	$674.71K	$709.58K

MAGS vs. XOMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	0.00%	22.99%	63.97%	8.48%
XOMO YieldMax XOM Option Income Strategy ETF	20.26%	6.90%	6.11%	-8.59%

Correlation

The correlation between MAGS and XOMO is -0.32, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.32
Correlation (All Time) Calculated using the full available price history since Aug 31, 2023	-0.12

The correlation between MAGS and XOMO shifts across timeframes, from -0.32 (1 year) to -0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MAGS vs. XOMO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MAGS

MAGS Risk / Return Rank: 27
MAGS Sharpe Ratio Rank: 27
MAGS Sortino Ratio Rank: 27
MAGS Omega Ratio Rank: 26
MAGS Calmar Ratio Rank: 25
MAGS Martin Ratio Rank: 27

XOMO

XOMO Risk / Return Rank: 51
XOMO Sharpe Ratio Rank: 58
XOMO Sortino Ratio Rank: 53
XOMO Omega Ratio Rank: 56
XOMO Calmar Ratio Rank: 46
XOMO Martin Ratio Rank: 40

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MAGS vs. XOMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven ETF (MAGS) and YieldMax XOM Option Income Strategy ETF (XOMO). 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	XOMO	Difference
Sharpe ratio: Return per unit of total volatility	0.64	1.37	-0.73
Sortino ratio: Return per unit of downside risk	1.01	1.87	-0.86
Omega ratio: Gain probability vs. loss probability	1.12	1.25	-0.12
Calmar ratio: Return relative to maximum drawdown	0.77	1.64	-0.88
Martin ratio: Return relative to average drawdown	2.26	4.12	-1.86

MAGS vs. XOMO - Sharpe Ratio Comparison

The current MAGS Sharpe Ratio is 0.64, which is lower than the XOMO Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of MAGS and XOMO, 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. XOMO - Drawdown Comparison

The maximum MAGS drawdown since its inception was -29.91%, which is greater than XOMO's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for MAGS and XOMO.

Drawdown Indicators

	MAGS	XOMO	Difference
Max Drawdown Largest peak-to-trough decline	-29.91%	-18.90%	-11.01%
Max Drawdown (1Y) Largest decline over 1 year	-18.62%	-17.25%	-1.37%
Max Drawdown (3Y) Largest decline over 3 years	-29.91%	—	—
Current Drawdown Current decline from peak	-7.02%	-7.57%	+0.55%
Average Drawdown Average peak-to-trough decline	-4.86%	-7.50%	+2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.31%	6.90%	-0.59%

Volatility

MAGS vs. XOMO - Volatility Comparison

Roundhill Magnificent Seven ETF (MAGS) has a higher volatility of 8.02% compared to YieldMax XOM Option Income Strategy ETF (XOMO) at 6.19%. This indicates that MAGS's price experiences larger fluctuations and is considered to be riskier than XOMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGS	XOMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.02%	6.19%	+1.83%
Volatility (6M) Calculated over the trailing 6-month period	17.37%	17.25%	+0.12%
Volatility (1Y) Calculated over the trailing 1-year period	22.30%	20.68%	+1.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.09%	19.20%	+6.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.09%	19.20%	+6.89%

MAGS vs. XOMO - Expense Ratio Comparison

MAGS has a 0.30% expense ratio, which is lower than XOMO's 1.01% expense ratio.

Dividends

MAGS vs. XOMO - Dividend Comparison

MAGS's dividend yield for the trailing twelve months is around 1.48%, less than XOMO's 37.04% yield.

Position	TTM	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	1.48%	1.48%	0.81%	0.44%
XOMO YieldMax XOM Option Income Strategy ETF	37.04%	31.64%	26.94%	5.13%

Frequently Asked Questions

Can I hold both MAGS and XOMO in my portfolio?

MAGS and XOMO have a correlation of -0.32, 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 XOMO?

MAGS has higher volatility (8.02%) compared to XOMO (6.19%). In terms of maximum drawdown, MAGS dropped -29.91% vs XOMO's -18.90%.

Which ETF is better, MAGS or XOMO?

On 1-year performance, XOMO leads with 29.93% vs 17.98% for MAGS. On fees, MAGS is cheaper at 0.30% per year. On volatility, XOMO has been the lower-risk option at 6.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGS or XOMO?

Over the 1-year period, XOMO has performed better with a 29.93% return vs 17.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGS or XOMO?

MAGS is cheaper with a 0.30% expense ratio, compared with 1.01% for XOMO.

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

XOMO has the higher dividend yield at 37.04%, compared with 1.48% for MAGS.

What is the main difference between MAGS and XOMO?

MAGS is categorized as Technology Equities, while XOMO is Derivative Income. They also come from different issuers: Roundhill and YieldMax. Their fees differ too: 0.30% for MAGS and 1.01% for XOMO.

Which has better risk-adjusted returns?

XOMO currently has the higher Sharpe Ratio (1.37 vs 0.64), 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.