MAGX vs. PRZO
MAGX (Roundhill Daily 2X Long Magnificent Seven ETF) is Leveraged Equities fund actively managed by Roundhill, while PRZO (ParaZero Technologies Ltd. Ordinary Shares) is a stock. Over the past year, MAGX returned 33.21% vs -49.14% for PRZO. At a 0.14 correlation, their price movements are largely independent.
Performance
MAGX vs. PRZO - Performance Comparison
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Returns By Period
In the year-to-date period, MAGX achieves a -8.69% return, which is significantly higher than PRZO's -26.98% return.
MAGX
- 1D
- -0.27%
- 1M
- -16.06%
- YTD
- -8.69%
- 6M
- -7.45%
- 1Y
- 33.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PRZO
- 1D
- -3.06%
- 1M
- 7.50%
- YTD
- -26.98%
- 6M
- -52.77%
- 1Y
- -49.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAGX vs. PRZO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MAGX Roundhill Daily 2X Long Magnificent Seven ETF | -8.69% | 26.16% | 82.41% |
PRZO ParaZero Technologies Ltd. Ordinary Shares | -26.98% | -59.85% | 185.51% |
Correlation
The correlation between MAGX and PRZO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024 | 0.14 |
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Return for Risk
MAGX vs. PRZO — Risk / Return Rank
MAGX
PRZO
MAGX vs. PRZO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and ParaZero Technologies Ltd. Ordinary Shares (PRZO). 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 | PRZO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.24 | ||
| Sortino ratioReturn per unit of downside risk | +1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.99 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | -0.64 | +1.54 |
| Martin ratioReturn relative to average drawdown | 2.70 | -1.16 | +3.86 |
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Drawdowns
MAGX vs. PRZO - Drawdown Comparison
The maximum MAGX drawdown since its inception was -54.19%, smaller than the maximum PRZO drawdown of -88.53%. Use the drawdown chart below to compare losses from any high point for MAGX and PRZO.
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Drawdown Indicators
| MAGX | PRZO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.19% | -88.53% | +34.34% |
Max Drawdown (1Y)Largest decline over 1 year | -37.24% | -76.78% | +39.54% |
Current DrawdownCurrent decline from peak | -16.77% | -85.45% | +68.68% |
Average DrawdownAverage peak-to-trough decline | -13.76% | -74.24% | +60.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.32% | 42.41% | -30.09% |
Volatility
MAGX vs. PRZO - Volatility Comparison
The current volatility for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is 12.35%, while ParaZero Technologies Ltd. Ordinary Shares (PRZO) has a volatility of 50.24%. This indicates that MAGX experiences smaller price fluctuations and is considered to be less risky than PRZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAGX | PRZO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.35% | 50.24% | -37.89% |
Volatility (6M)Calculated over the trailing 6-month period | 30.63% | 91.31% | -60.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.70% | 117.45% | -76.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.61% | 174.37% | -120.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.61% | 174.37% | -120.76% |
Dividends
MAGX vs. PRZO - Dividend Comparison
MAGX's dividend yield for the trailing twelve months is around 2.24%, while PRZO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MAGX Roundhill Daily 2X Long Magnificent Seven ETF | 2.24% | 2.05% | 0.86% |
PRZO ParaZero Technologies Ltd. Ordinary Shares | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MAGX and PRZO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRZO has higher volatility (50.24%) compared to MAGX (12.35%). In terms of maximum drawdown, MAGX dropped -54.19% vs PRZO's -88.53%.
MAGX currently has the higher Sharpe Ratio (0.82 vs -0.42), 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.
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