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

Performance

MAGX vs. VGT - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
43.67%
15.02%
MAGX
VGT

Returns By Period


MAGX

YTD

N/A

1M

12.35%

6M

43.67%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

VGT

YTD

28.63%

1M

2.11%

6M

15.02%

1Y

35.48%

5Y (annualized)

22.76%

10Y (annualized)

20.73%

Key characteristics


MAGXVGT
Daily Std Dev49.82%20.98%
Max Drawdown-34.50%-54.63%
Current Drawdown-4.64%-1.01%

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MAGX vs. VGT - Expense Ratio Comparison

MAGX has a 0.95% expense ratio, which is higher than VGT's 0.10% expense ratio.


MAGX
Roundhill Daily 2X Long Magnificent Seven ETF
Expense ratio chart for MAGX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for VGT: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Correlation

-0.50.00.51.00.8

The correlation between MAGX and VGT is 0.84, 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.

Risk-Adjusted Performance

MAGX vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and Vanguard Information Technology ETF (VGT). 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.


Sharpe ratio
No data
MAGX
VGT

Chart placeholderNot enough data

Dividends

MAGX vs. VGT - Dividend Comparison

MAGX has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.60%.


TTM20232022202120202019201820172016201520142013
MAGX
Roundhill Daily 2X Long Magnificent Seven ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VGT
Vanguard Information Technology ETF
0.60%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%1.05%

Drawdowns

MAGX vs. VGT - Drawdown Comparison

The maximum MAGX drawdown since its inception was -34.50%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for MAGX and VGT. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.64%
-1.01%
MAGX
VGT

Volatility

MAGX vs. VGT - Volatility Comparison

Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) has a higher volatility of 16.03% compared to Vanguard Information Technology ETF (VGT) at 6.47%. This indicates that MAGX's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
16.03%
6.47%
MAGX
VGT