MNTN vs. MAGS

Last updated Jun 3, 2026

MNTN (Everest Consolidator Acquisition Corporation) is a stock, while MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill. Over the past year, MNTN returned -60.81% vs 33.10% for MAGS. At a 0.20 correlation, their price movements are largely independent.

Performance

MNTN vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Everest Consolidator Acquisition Corporation (MNTN) 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, MNTN achieves a -12.73% return, which is significantly lower than MAGS's 4.87% return.

MNTN

• 1D: -2.98%
• 1M: 2.76%
• YTD: -12.73%
• 6M: -21.65%
• 1Y: -60.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGS

• 1D: -0.99%
• 1M: 3.44%
• YTD: 4.87%
• 6M: 4.75%
• 1Y: 33.10%
• 3Y*: 34.19%
• 5Y*: —
• 10Y*: —

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

MNTN vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025
MNTN Everest Consolidator Acquisition Corporation	-12.73%	-54.70%
MAGS Roundhill Magnificent Seven ETF	4.87%	29.01%

Correlation

The correlation between MNTN and MAGS is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (All Time) Calculated using the full available price history since May 23, 2025	0.20

Return for Risk

MNTN vs. MAGS — Risk / Return Rank

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

MNTN

MNTN Risk / Return Rank: 11
MNTN Sharpe Ratio Rank: 10
MNTN Sortino Ratio Rank: 9
MNTN Omega Ratio Rank: 10
MNTN Calmar Ratio Rank: 11
MNTN Martin Ratio Rank: 17

MAGS

MAGS Risk / Return Rank: 42
MAGS Sharpe Ratio Rank: 47
MAGS Sortino Ratio Rank: 45
MAGS Omega Ratio Rank: 44
MAGS Calmar Ratio Rank: 37
MAGS Martin Ratio Rank: 40

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.

MNTN vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Everest Consolidator Acquisition Corporation (MNTN) 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.

	MNTN	MAGS	Difference
Sharpe ratio Return per unit of total volatility	-0.74	1.66	-2.40
Sortino ratio Return per unit of downside risk	-1.13	2.26	-3.39
Omega ratio Gain probability vs. loss probability	0.86	1.28	-0.42
Calmar ratio Return relative to maximum drawdown	-0.78	1.83	-2.61
Martin ratio Return relative to average drawdown	-1.08	6.35	-7.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MNTN vs. MAGS - Sharpe Ratio Comparison

The current MNTN Sharpe Ratio is -0.74, which is lower than the MAGS Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of MNTN 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.

Sharpe Ratios by Period

	MNTN	MAGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.74	1.66	-2.40
Sharpe Ratio (All Time) Calculated using the full available price history	-0.73	1.57	-2.30

Drawdowns

MNTN vs. MAGS - Drawdown Comparison

The maximum MNTN drawdown since its inception was -75.28%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for MNTN and MAGS.

Drawdown Indicators

	MNTN	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-75.28%	-29.91%	-45.37%
Max Drawdown (1Y) Largest decline over 1 year	-75.28%	-18.62%	-56.66%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.91%	—
Current Drawdown Current decline from peak	-66.89%	-2.50%	-64.39%
Average Drawdown Average peak-to-trough decline	-49.33%	-4.70%	-44.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	54.48%	5.37%	+49.11%

Volatility

MNTN vs. MAGS - Volatility Comparison

Everest Consolidator Acquisition Corporation (MNTN) has a higher volatility of 33.91% compared to Roundhill Magnificent Seven ETF (MAGS) at 4.63%. This indicates that MNTN's price experiences larger fluctuations and is considered to be riskier than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MNTN	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.91%	4.63%	+29.28%
Volatility (6M) Calculated over the trailing 6-month period	55.91%	14.26%	+41.65%
Volatility (1Y) Calculated over the trailing 1-year period	82.21%	20.05%	+62.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.99%	25.95%	+56.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.99%	25.95%	+56.04%

Dividends

MNTN vs. MAGS - Dividend Comparison

MNTN has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 1.41%.

Position	TTM	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	1.41%	1.48%	0.81%	0.44%
MNTN Everest Consolidator Acquisition Corporation	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MNTN and MAGS in my portfolio?

MNTN and MAGS have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MNTN or MAGS?

MNTN has higher volatility (33.91%) compared to MAGS (4.63%). In terms of maximum drawdown, MNTN dropped -75.28% vs MAGS's -29.91%.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (1.66 vs -0.74), 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.