MAGY vs. EINC

Last updated Jun 24, 2026

MAGY (Roundhill Magnificent Seven Covered Call ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - MAGY is a Derivative Income fund actively managed by Roundhill, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. MAGY is actively managed, while EINC is passively managed. Over the past year, MAGY returned 3.73% vs 29.82% for EINC. At a correlation of -0.12, they often move in opposite directions. MAGY charges 0.99%/yr vs 0.45%/yr for EINC.

Performance

MAGY vs. EINC - Performance Comparison

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

Returns By Period

In the year-to-date period, MAGY achieves a -7.53% return, which is significantly lower than EINC's 25.97% return.

MAGY

• 1D: -1.25%
• 1M: -7.24%
• YTD: -7.53%
• 6M: -8.15%
• 1Y: 3.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EINC

• 1D: 1.37%
• 1M: -4.50%
• YTD: 25.97%
• 6M: 25.98%
• 1Y: 29.82%
• 3Y*: 30.36%
• 5Y*: 21.18%
• 10Y*: 12.03%

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

MAGY vs. EINC - Yearly Performance Comparison

	2026 (YTD)	2025
MAGY Roundhill Magnificent Seven Covered Call ETF	-7.53%	26.42%
EINC VanEck Energy Income ETF	25.97%	6.49%

Correlation

The correlation between MAGY and EINC is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.13
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	-0.12

MAGY vs. EINC - Sectors Allocation Comparison

Sectors	MAGY	EINC
Financial Services	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	99.4%
Healthcare	-	-
Industrials	-	2.5%
Real Estate	-	-
Technology	-	-
Utilities	-	0.6%

Return for Risk

MAGY vs. EINC — Risk / Return Rank

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

MAGY

MAGY Risk / Return Rank: 11
MAGY Sharpe Ratio Rank: 12
MAGY Sortino Ratio Rank: 11
MAGY Omega Ratio Rank: 11
MAGY Calmar Ratio Rank: 11
MAGY Martin Ratio Rank: 12

EINC

EINC Risk / Return Rank: 64
EINC Sharpe Ratio Rank: 63
EINC Sortino Ratio Rank: 60
EINC Omega Ratio Rank: 60
EINC Calmar Ratio Rank: 77
EINC Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MAGY vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Magnificent Seven Covered Call ETF (MAGY) and VanEck Energy Income ETF (EINC). 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.

	MAGY	EINC	Difference
Sharpe ratio: Return per unit of total volatility	0.24	1.99	-1.74
Sortino ratio: Return per unit of downside risk	0.42	2.67	-2.25
Omega ratio: Gain probability vs. loss probability	1.06	1.35	-0.29
Calmar ratio: Return relative to maximum drawdown	0.26	3.80	-3.54
Martin ratio: Return relative to average drawdown	0.81	9.63	-8.81

MAGY vs. EINC - Sharpe Ratio Comparison

The current MAGY Sharpe Ratio is 0.24, which is lower than the EINC Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of MAGY and EINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MAGY vs. EINC - Drawdown Comparison

The maximum MAGY drawdown since its inception was -14.29%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for MAGY and EINC.

Drawdown Indicators

	MAGY	EINC	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-87.55%	+73.26%
Max Drawdown (1Y) Largest decline over 1 year	-14.29%	-7.89%	-6.40%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.85%	—
Current Drawdown Current decline from peak	-9.54%	-4.50%	-5.04%
Average Drawdown Average peak-to-trough decline	-2.88%	-44.15%	+41.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.60%	3.10%	+1.50%

Volatility

MAGY vs. EINC - Volatility Comparison

Roundhill Magnificent Seven Covered Call ETF (MAGY) and VanEck Energy Income ETF (EINC) have volatilities of 6.76% and 6.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAGY	EINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.76%	6.51%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	12.65%	11.88%	+0.77%
Volatility (1Y) Calculated over the trailing 1-year period	15.38%	15.10%	+0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	19.54%	-4.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.45%	25.43%	-9.98%

MAGY vs. EINC - Expense Ratio Comparison

MAGY has a 0.99% expense ratio, which is higher than EINC's 0.45% expense ratio.

Dividends

MAGY vs. EINC - Dividend Comparison

MAGY's dividend yield for the trailing twelve months is around 40.01%, more than EINC's 3.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	3.51%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
MAGY Roundhill Magnificent Seven Covered Call ETF	40.01%	23.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MAGY and EINC in my portfolio?

MAGY and EINC have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAGY or EINC?

MAGY has higher volatility (6.76%) compared to EINC (6.51%). In terms of maximum drawdown, MAGY dropped -14.29% vs EINC's -87.55%.

Which ETF is better, MAGY or EINC?

On 1-year performance, EINC leads with 29.82% vs 3.73% for MAGY. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAGY or EINC?

Over the 1-year period, EINC has performed better with a 29.82% return vs 3.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAGY or EINC?

EINC is cheaper with a 0.45% expense ratio, compared with 0.99% for MAGY.

Which ETF pays a higher dividend yield, MAGY or EINC?

MAGY has the higher dividend yield at 40.01%, compared with 3.51% for EINC.

What is the main difference between MAGY and EINC?

MAGY is categorized as Derivative Income, while EINC is Energy Equities. They also come from different issuers: Roundhill and VanEck. Their fees differ too: 0.99% for MAGY and 0.45% for EINC.

Which has better risk-adjusted returns?

EINC currently has the higher Sharpe Ratio (1.99 vs 0.24), 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.