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MAGX vs. MAGS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MAGX and MAGS is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.8

Performance

MAGX vs. MAGS - Performance Comparison

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

0.00%20.00%40.00%60.00%80.00%100.00%NovemberDecember2025FebruaryMarchApril
12.94%
18.98%
MAGX
MAGS

Key characteristics

Sharpe Ratio

MAGX:

0.37

MAGS:

0.70

Sortino Ratio

MAGX:

0.96

MAGS:

1.16

Omega Ratio

MAGX:

1.13

MAGS:

1.15

Calmar Ratio

MAGX:

0.45

MAGS:

0.78

Martin Ratio

MAGX:

1.20

MAGS:

2.32

Ulcer Index

MAGX:

20.21%

MAGS:

10.05%

Daily Std Dev

MAGX:

65.03%

MAGS:

33.39%

Max Drawdown

MAGX:

-54.18%

MAGS:

-29.91%

Current Drawdown

MAGX:

-45.09%

MAGS:

-21.92%

Returns By Period

In the year-to-date period, MAGX achieves a -37.66% return, which is significantly lower than MAGS's -17.09% return.


MAGX

YTD

-37.66%

1M

-21.15%

6M

-21.86%

1Y

16.80%

5Y*

N/A

10Y*

N/A

MAGS

YTD

-17.09%

1M

-8.77%

6M

-5.95%

1Y

19.58%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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MAGX vs. MAGS - Expense Ratio Comparison

MAGX has a 0.95% expense ratio, which is higher than MAGS's 0.29% expense ratio.


Expense ratio chart for MAGX: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MAGX: 0.95%
Expense ratio chart for MAGS: current value is 0.29%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MAGS: 0.29%

Risk-Adjusted Performance

MAGX vs. MAGS — Risk-Adjusted Performance Rank

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

MAGX
The Risk-Adjusted Performance Rank of MAGX is 5757
Overall Rank
The Sharpe Ratio Rank of MAGX is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of MAGX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of MAGX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of MAGX is 6060
Calmar Ratio Rank
The Martin Ratio Rank of MAGX is 4848
Martin Ratio Rank

MAGS
The Risk-Adjusted Performance Rank of MAGS is 7272
Overall Rank
The Sharpe Ratio Rank of MAGS is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of MAGS is 7373
Sortino Ratio Rank
The Omega Ratio Rank of MAGS is 7171
Omega Ratio Rank
The Calmar Ratio Rank of MAGS is 7878
Calmar Ratio Rank
The Martin Ratio Rank of MAGS is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MAGX vs. MAGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and Roundhill Magnificent Seven ETF (MAGS). 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 chart of Sharpe ratio for MAGX, currently valued at 0.37, compared to the broader market-1.000.001.002.003.004.00
MAGX: 0.37
MAGS: 0.70
The chart of Sortino ratio for MAGX, currently valued at 0.96, compared to the broader market-2.000.002.004.006.008.00
MAGX: 0.96
MAGS: 1.16
The chart of Omega ratio for MAGX, currently valued at 1.13, compared to the broader market0.501.001.502.00
MAGX: 1.13
MAGS: 1.15
The chart of Calmar ratio for MAGX, currently valued at 0.45, compared to the broader market0.002.004.006.008.0010.0012.00
MAGX: 0.45
MAGS: 0.78
The chart of Martin ratio for MAGX, currently valued at 1.20, compared to the broader market0.0020.0040.0060.00
MAGX: 1.20
MAGS: 2.32

The current MAGX Sharpe Ratio is 0.37, which is lower than the MAGS Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of MAGX and MAGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.200.000.200.400.600.801.001.20Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
0.37
0.70
MAGX
MAGS

Dividends

MAGX vs. MAGS - Dividend Comparison

MAGX's dividend yield for the trailing twelve months is around 1.37%, more than MAGS's 0.98% yield.


Drawdowns

MAGX vs. MAGS - Drawdown Comparison

The maximum MAGX drawdown since its inception was -54.18%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for MAGX and MAGS. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-45.09%
-21.92%
MAGX
MAGS

Volatility

MAGX vs. MAGS - Volatility Comparison

Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) has a higher volatility of 39.35% compared to Roundhill Magnificent Seven ETF (MAGS) at 20.32%. This indicates that MAGX's price experiences larger fluctuations and is considered to be riskier than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
39.35%
20.32%
MAGX
MAGS