MAGX vs. INTW

Last updated Jun 18, 2026

MAGX (Roundhill Daily 2X Long Magnificent Seven ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, MAGX returned 32.24% vs 1726.34% for INTW. At a 0.35 correlation, their price movements are largely independent. MAGX charges 0.95%/yr vs 1.50%/yr for INTW.

Performance

MAGX vs. INTW - Performance Comparison

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

Returns By Period

In the year-to-date period, MAGX achieves a -9.90% return, which is significantly lower than INTW's 628.00% return.

MAGX

• 1D: -5.68%
• 1M: -14.32%
• YTD: -9.90%
• 6M: -5.65%
• 1Y: 32.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

INTW

• 1D: 7.28%
• 1M: 17.27%
• YTD: 628.00%
• 6M: 657.49%
• 1Y: 1,726.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGX vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
MAGX Roundhill Daily 2X Long Magnificent Seven ETF	-9.90%	29.01%
INTW GraniteShares 2x Long INTC Daily ETF	628.00%	60.89%

Correlation

The correlation between MAGX and INTW is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.35

MAGX vs. INTW - Sectors Allocation Comparison

Sectors	MAGX	INTW
Financial Services	28.5%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	66.6%
Utilities	-	-

Return for Risk

MAGX vs. INTW — Risk / Return Rank

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

MAGX

MAGX Risk / Return Rank: 22
MAGX Sharpe Ratio Rank: 23
MAGX Sortino Ratio Rank: 23
MAGX Omega Ratio Rank: 23
MAGX Calmar Ratio Rank: 20
MAGX Martin Ratio Rank: 21

INTW

INTW Risk / Return Rank: 97
INTW Sharpe Ratio Rank: 100
INTW Sortino Ratio Rank: 95
INTW Omega Ratio Rank: 94
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 99

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.

MAGX vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and GraniteShares 2x Long INTC Daily ETF (INTW). 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	INTW	Difference
Sharpe ratio: Return per unit of total volatility	0.78	11.80	-11.01
Sortino ratio: Return per unit of downside risk	1.26	5.00	-3.74
Omega ratio: Gain probability vs. loss probability	1.16	1.63	-0.48
Calmar ratio: Return relative to maximum drawdown	0.87	35.42	-34.55
Martin ratio: Return relative to average drawdown	2.60	80.41	-77.81

MAGX vs. INTW - Sharpe Ratio Comparison

The current MAGX Sharpe Ratio is 0.78, which is lower than the INTW Sharpe Ratio of 11.80. The chart below compares the historical Sharpe Ratios of MAGX and INTW, 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

MAGX vs. INTW - Drawdown Comparison

The maximum MAGX drawdown since its inception was -54.19%, smaller than the maximum INTW drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for MAGX and INTW.

Drawdown Indicators

	MAGX	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-54.19%	-60.58%	+6.39%
Max Drawdown (1Y) Largest decline over 1 year	-37.24%	-49.34%	+12.10%
Current Drawdown Current decline from peak	-17.87%	-19.47%	+1.60%
Average Drawdown Average peak-to-trough decline	-13.76%	-29.88%	+16.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.42%	21.69%	-9.27%

Volatility

MAGX vs. INTW - Volatility Comparison

The current volatility for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is 14.63%, while GraniteShares 2x Long INTC Daily ETF (INTW) has a volatility of 51.68%. This indicates that MAGX experiences smaller price fluctuations and is considered to be less risky than INTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGX	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.63%	51.68%	-37.05%
Volatility (6M) Calculated over the trailing 6-month period	31.61%	116.92%	-85.31%
Volatility (1Y) Calculated over the trailing 1-year period	41.32%	148.16%	-106.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.74%	147.89%	-94.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.74%	147.89%	-94.15%

MAGX vs. INTW - Expense Ratio Comparison

MAGX has a 0.95% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

MAGX vs. INTW - Dividend Comparison

MAGX's dividend yield for the trailing twelve months is around 2.27%, while INTW has not paid dividends to shareholders.

Position	TTM	2025	2024
INTW GraniteShares 2x Long INTC Daily ETF	0.00%	0.00%	0.00%
MAGX Roundhill Daily 2X Long Magnificent Seven ETF	2.27%	2.05%	0.86%

Frequently Asked Questions

Can I hold both MAGX and INTW in my portfolio?

MAGX and INTW have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAGX or INTW?

INTW has higher volatility (51.68%) compared to MAGX (14.63%). In terms of maximum drawdown, MAGX dropped -54.19% vs INTW's -60.58%.

Which ETF is better, MAGX or INTW?

On 1-year performance, INTW leads with 1726.34% vs 32.24% for MAGX. On fees, MAGX is cheaper at 0.95% per year. On volatility, MAGX has been the lower-risk option at 14.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGX or INTW?

Over the 1-year period, INTW has performed better with a 1726.34% return vs 32.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGX or INTW?

MAGX is cheaper with a 0.95% expense ratio, compared with 1.50% for INTW.

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

MAGX has the higher dividend yield at 2.27%, compared with 0.00% for INTW.

What is the main difference between MAGX and INTW?

They also come from different issuers: Roundhill and GraniteShares. Their fees differ too: 0.95% for MAGX and 1.50% for INTW.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (11.80 vs 0.78), 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.