MAGY vs. BAGY

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill Magnificent Seven Covered Call ETF (MAGY) and Amplify Bitcoin Max Income Covered Call ETF (BAGY).

MAGY and BAGY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAGY is an actively managed fund by Roundhill. It was launched on Apr 23, 2025. BAGY is an actively managed fund by Amplify. It was launched on Apr 28, 2025.

Performance

MAGY vs. BAGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Magnificent Seven Covered Call ETF (MAGY) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). The values are adjusted to include any dividend payments, if applicable.

MAGY vs. BAGY - Yearly Performance Comparison

	2026 (YTD)	2025
MAGY Roundhill Magnificent Seven Covered Call ETF	-9.64%	25.07%
BAGY Amplify Bitcoin Max Income Covered Call ETF	-16.21%	-8.88%

Returns By Period

In the year-to-date period, MAGY achieves a -9.64% return, which is significantly higher than BAGY's -16.21% return.

MAGY

• 1D: 2.97%
• 1M: -4.78%
• YTD: -9.64%
• 6M: -7.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAGY

• 1D: 1.99%
• 1M: 6.25%
• YTD: -16.21%
• 6M: -38.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGY vs. BAGY - Expense Ratio Comparison

MAGY has a 0.99% expense ratio, which is higher than BAGY's 0.65% expense ratio.

MAGY

Roundhill Magnificent Seven Covered Call ETF

BAGY

Amplify Bitcoin Max Income Covered Call ETF

Return for Risk

MAGY vs. BAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven Covered Call ETF (MAGY) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MAGY	BAGY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	-0.61	+1.66

Correlation

The correlation between MAGY and BAGY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MAGY vs. BAGY - Dividend Comparison

MAGY's dividend yield for the trailing twelve months is around 37.14%, less than BAGY's 50.51% yield.

	TTM	2025
MAGY Roundhill Magnificent Seven Covered Call ETF	37.14%	23.38%
BAGY Amplify Bitcoin Max Income Covered Call ETF	50.51%	30.16%

Drawdowns

MAGY vs. BAGY - Drawdown Comparison

The maximum MAGY drawdown since its inception was -14.29%, smaller than the maximum BAGY drawdown of -47.52%. Use the drawdown chart below to compare losses from any high point for MAGY and BAGY.

Drawdown Indicators

	MAGY	BAGY	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-47.52%	+33.23%
Current Drawdown Current decline from peak	-11.60%	-41.05%	+29.45%
Average Drawdown Average peak-to-trough decline	-2.20%	-16.66%	+14.46%

Volatility

Volatility by Period

	MAGY	BAGY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.87%	42.14%	-27.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.87%	42.14%	-27.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.87%	42.14%	-27.27%