MAGX vs. BRKL

Last updated Aug 5, 2026

MAGX (Roundhill Daily 2X Long Magnificent Seven ETF) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their -0.01 correlation means they have often moved in opposite directions in the past. MAGX charges 0.95%/yr vs 0.45%/yr for BRKL.

Performance

MAGX vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MAGX

• 1D: 0.95%
• 1M: 9.92%
• 6M: 4.52%
• YTD: 0.37%
• 1Y: 28.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 41.16%

BRKL

• 1D: 1.64%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
BRKL Corgi BRKB 2x Daily ETF	$6.23K	$15.92K	$15.92K
MAGX Roundhill Daily 2X Long Magnificent Seven ETF	$3.93M	$4.39M	$4.75M

MAGX vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
MAGX Roundhill Daily 2X Long Magnificent Seven ETF	6.54%
BRKL Corgi BRKB 2x Daily ETF	3.51%

Correlation

The correlation between MAGX and BRKL is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	-0.01

Return for Risk

MAGX vs. BRKL — Risk / Return Rank

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

MAGX

MAGX Risk / Return Rank: 25
MAGX Sharpe Ratio Rank: 25
MAGX Sortino Ratio Rank: 27
MAGX Omega Ratio Rank: 26
MAGX Calmar Ratio Rank: 24
MAGX Martin Ratio Rank: 24

BRKL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MAGX vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and Corgi BRKB 2x Daily ETF (BRKL). 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.

	MAGX	BRKL	Difference
Sharpe ratio: Return per unit of total volatility	0.63	—	—
Sortino ratio: Return per unit of downside risk	1.12	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.76	—	—
Martin ratio: Return relative to average drawdown	2.03	—	—

Drawdowns

MAGX vs. BRKL - Drawdown Comparison

The maximum MAGX drawdown since its inception was -54.19%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for MAGX and BRKL.

Drawdown Indicators

	MAGX	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-54.19%	-7.03%	-47.16%
Max Drawdown (1Y) Largest decline over 1 year	-37.24%	—	—
Current Drawdown Current decline from peak	-8.51%	0.00%	-8.51%
Average Drawdown Average peak-to-trough decline	-13.91%	-3.74%	-10.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.85%	—	—

Volatility

Volatility by Period

	MAGX	BRKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.80%	29.89%	+14.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.95%	29.89%	+24.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.95%	29.89%	+24.06%

MAGX vs. BRKL - Expense Ratio Comparison

MAGX has a 0.95% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

MAGX vs. BRKL - Dividend Comparison

MAGX's dividend yield for the trailing twelve months is around 2.04%, while BRKL has not paid dividends to shareholders.

Position	TTM	2025	2024
BRKL Corgi BRKB 2x Daily ETF	0.00%	0.00%	0.00%
MAGX Roundhill Daily 2X Long Magnificent Seven ETF	2.04%	2.05%	0.86%

Frequently Asked Questions

Can I hold both MAGX and BRKL in my portfolio?

MAGX and BRKL have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MAGX or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MAGX or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 0.95% for MAGX.

Which ETF pays a higher dividend yield, MAGX or BRKL?

MAGX has the higher dividend yield at 2.04%, compared with 0.00% for BRKL.

What is the main difference between MAGX and BRKL?

They also come from different issuers: Roundhill and Corgi. Their fees differ too: 0.95% for MAGX and 0.45% for BRKL.