MAGX vs. FNGO

In the year-to-date period, MAGX achieves a -17.28% return, which is significantly lower than FNGO's -2.21% return.

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Both MAGX and FNGO have an expense ratio of 0.95%.

This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and MicroSectors FANG+ Index 2X Leveraged ETN (FNGO). 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.

The current MAGX Sharpe Ratio is 0.55, which is comparable to the FNGO Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of MAGX and FNGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

MAGX's dividend yield for the trailing twelve months is around 1.04%, while FNGO has not paid dividends to shareholders.

The maximum MAGX drawdown since its inception was -54.18%, smaller than the maximum FNGO drawdown of -78.39%. Use the drawdown chart below to compare losses from any high point for MAGX and FNGO. For additional features, visit the drawdowns tool.

Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) has a higher volatility of 22.59% compared to MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) at 20.18%. This indicates that MAGX's price experiences larger fluctuations and is considered to be riskier than FNGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.