MGK vs. MAGS

Last updated Jun 24, 2026

MGK (Vanguard Mega Cap Growth ETF) and MAGS (Roundhill Magnificent Seven ETF) are both exchange-traded funds - MGK is a Large Cap Growth Equities fund tracking the CRSP US Mega Cap Growth Index, while MAGS is a Technology Equities fund actively managed by Roundhill. MGK is passively managed, while MAGS is actively managed. Over the past 3 years, MGK returned 23.33%/yr vs 29.20%/yr for MAGS. Their correlation of 0.92 suggests significant overlap in exposure. MGK charges 0.05%/yr vs 0.29%/yr for MAGS.

Performance

MGK vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Mega Cap Growth ETF (MGK) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MGK achieves a 3.65% return, which is significantly higher than MAGS's -4.28% return.

MGK

• 1D: -2.12%
• 1M: -3.93%
• YTD: 3.65%
• 6M: 2.34%
• 1Y: 21.62%
• 3Y*: 23.33%
• 5Y*: 13.84%
• 10Y*: 18.97%

MAGS

• 1D: -1.37%
• 1M: -8.97%
• YTD: -4.28%
• 6M: -5.96%
• 1Y: 18.84%
• 3Y*: 29.20%
• 5Y*: —
• 10Y*: —

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

MGK vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MGK Vanguard Mega Cap Growth ETF	3.65%	20.67%	32.94%	28.36%
MAGS Roundhill Magnificent Seven ETF	-4.28%	22.99%	63.97%	35.74%

Correlation

The correlation between MGK and MAGS is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023	0.92

The correlation between MGK and MAGS has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

MGK vs. MAGS - Sectors Allocation Comparison

Sectors	MGK	MAGS
Technology	59.0%	8.1%
Communication Services	15.8%	4.0%
Consumer Cyclical	12.2%	5.3%
Healthcare	4.6%	-
Financial Services	4.1%	-
Real Estate	1.1%	-
Utilities	1.0%	-
Industrials	1.0%	-
Basic Materials	0.6%	-
Consumer Defensive	0.4%	-
Energy	-	-

Return for Risk

MGK vs. MAGS — Risk / Return Rank

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

MGK

MGK Risk / Return Rank: 33
MGK Sharpe Ratio Rank: 36
MGK Sortino Ratio Rank: 34
MGK Omega Ratio Rank: 34
MGK Calmar Ratio Rank: 27
MGK Martin Ratio Rank: 31

MAGS

MAGS Risk / Return Rank: 25
MAGS Sharpe Ratio Rank: 26
MAGS Sortino Ratio Rank: 25
MAGS Omega Ratio Rank: 24
MAGS Calmar Ratio Rank: 22
MAGS Martin Ratio Rank: 26

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.

MGK vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Growth ETF (MGK) and Roundhill Magnificent Seven ETF (MAGS). 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.

	MGK	MAGS	Difference
Sharpe ratio: Return per unit of total volatility	1.26	0.92	+0.34
Sortino ratio: Return per unit of downside risk	1.76	1.34	+0.42
Omega ratio: Gain probability vs. loss probability	1.22	1.17	+0.06
Calmar ratio: Return relative to maximum drawdown	1.29	1.02	+0.27
Martin ratio: Return relative to average drawdown	4.31	3.34	+0.97

MGK vs. MAGS - Sharpe Ratio Comparison

The current MGK Sharpe Ratio is 1.26, which is higher than the MAGS Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of MGK and MAGS, 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

MGK vs. MAGS - Drawdown Comparison

The maximum MGK drawdown since its inception was -48.43%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for MGK and MAGS.

Drawdown Indicators

	MGK	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-48.43%	-29.91%	-18.52%
Max Drawdown (1Y) Largest decline over 1 year	-16.85%	-18.62%	+1.77%
Max Drawdown (3Y) Largest decline over 3 years	-23.36%	-29.91%	+6.55%
Max Drawdown (5Y) Largest decline over 5 years	-36.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.01%	—	—
Current Drawdown Current decline from peak	-7.14%	-11.00%	+3.86%
Average Drawdown Average peak-to-trough decline	-7.58%	-4.75%	-2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.02%	5.65%	-0.63%

Volatility

MGK vs. MAGS - Volatility Comparison

Vanguard Mega Cap Growth ETF (MGK) and Roundhill Magnificent Seven ETF (MAGS) have volatilities of 7.08% and 7.13%, 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

	MGK	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.08%	7.13%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	13.75%	15.51%	-1.76%
Volatility (1Y) Calculated over the trailing 1-year period	17.33%	20.74%	-3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.80%	26.02%	-3.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.96%	26.02%	-4.06%

MGK vs. MAGS - Expense Ratio Comparison

MGK has a 0.05% expense ratio, which is lower than MAGS's 0.29% expense ratio.

Dividends

MGK vs. MAGS - Dividend Comparison

MGK's dividend yield for the trailing twelve months is around 0.34%, less than MAGS's 1.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAGS Roundhill Magnificent Seven ETF	1.55%	1.48%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MGK Vanguard Mega Cap Growth ETF	0.34%	0.35%	0.43%	0.50%	0.70%	0.41%	0.65%	0.85%	1.12%	1.23%	1.53%	1.43%

Frequently Asked Questions

Can I hold both MGK and MAGS in my portfolio?

With a correlation of 0.91, MGK and MAGS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MGK or MAGS?

MAGS has higher volatility (7.13%) compared to MGK (7.08%). In terms of maximum drawdown, MGK dropped -48.43% vs MAGS's -29.91%.

Which ETF is better, MGK or MAGS?

On 3-year performance, MAGS leads with 29.20% vs 23.33% for MGK. On fees, MGK is cheaper at 0.05% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MGK or MAGS?

Over the 3-year period, MAGS has performed better with a 29.20% return vs 23.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MGK or MAGS?

MGK is cheaper with a 0.05% expense ratio, compared with 0.29% for MAGS.

Which ETF pays a higher dividend yield, MGK or MAGS?

MAGS has the higher dividend yield at 1.55%, compared with 0.34% for MGK.

What is the main difference between MGK and MAGS?

MGK is categorized as Large Cap Growth Equities, while MAGS is Technology Equities. They also come from different issuers: Vanguard and Roundhill. Their fees differ too: 0.05% for MGK and 0.29% for MAGS.

Which has better risk-adjusted returns?

MGK currently has the higher Sharpe Ratio (1.26 vs 0.92), 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.