MAGX vs. QQQU

In the year-to-date period, MAGX achieves a -14.99% return, which is significantly lower than QQQU's -13.57% return.

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MAGX has a 0.95% expense ratio, which is lower than QQQU's 1.07% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and Direxion Daily Magnificent 7 Bull 2X Shares (QQQU). 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 0.65, which is comparable to the QQQU Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of MAGX and QQQU, 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 1.01%, less than QQQU's 3.30% yield.

The maximum MAGX drawdown since its inception was -54.18%, roughly equal to the maximum QQQU drawdown of -53.70%. Use the drawdown chart below to compare losses from any high point for MAGX and QQQU. For additional features, visit the drawdowns tool.

Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) has a higher volatility of 22.45% compared to Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) at 21.35%. This indicates that MAGX's price experiences larger fluctuations and is considered to be riskier than QQQU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.