MSFW vs. MAGY

Last updated Jun 25, 2026

MSFW (Roundhill MSFT WeeklyPay™ ETF) and MAGY (Roundhill Magnificent Seven Covered Call ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.

Performance

MSFW vs. MAGY - Performance Comparison

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

Returns By Period

In the year-to-date period, MSFW achieves a -29.51% return, which is significantly lower than MAGY's -8.23% return.

MSFW

• 1D: -3.05%
• 1M: -15.28%
• YTD: -29.51%
• 6M: -30.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGY

• 1D: -0.75%
• 1M: -7.94%
• YTD: -8.23%
• 6M: -8.82%
• 1Y: 2.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSFW vs. MAGY - Yearly Performance Comparison

	2026 (YTD)	2025
MSFW Roundhill MSFT WeeklyPay™ ETF	-29.51%	-7.80%
MAGY Roundhill Magnificent Seven Covered Call ETF	-8.23%	8.15%

Correlation

The correlation between MSFW and MAGY is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.48

MSFW vs. MAGY - Sectors Allocation Comparison

Sectors	MSFW	MAGY
Technology	35.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

MSFW vs. MAGY — Risk / Return Rank

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

MSFW

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

MAGY

MAGY Risk / Return Rank: 11
MAGY Sharpe Ratio Rank: 11
MAGY Sortino Ratio Rank: 10
MAGY Omega Ratio Rank: 10
MAGY Calmar Ratio Rank: 11
MAGY Martin Ratio Rank: 12

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.

MSFW vs. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSFT WeeklyPay™ ETF (MSFW) and Roundhill Magnificent Seven Covered Call ETF (MAGY). 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.

	MSFW	MAGY	Difference
Sharpe ratio: Return per unit of total volatility	—	0.18	—
Sortino ratio: Return per unit of downside risk	—	0.34	—
Omega ratio: Gain probability vs. loss probability	—	1.05	—
Calmar ratio: Return relative to maximum drawdown	—	0.20	—
Martin ratio: Return relative to average drawdown	—	0.61	—

Drawdowns

MSFW vs. MAGY - Drawdown Comparison

The maximum MSFW drawdown since its inception was -40.42%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for MSFW and MAGY.

Drawdown Indicators

	MSFW	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-14.29%	-26.13%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.29%	—
Current Drawdown Current decline from peak	-39.05%	-10.22%	-28.83%
Average Drawdown Average peak-to-trough decline	-18.35%	-2.90%	-15.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.64%	—

Volatility

Volatility by Period

	MSFW	MAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.77%	15.36%	+17.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.77%	15.44%	+17.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.77%	15.44%	+17.33%

MSFW vs. MAGY - Expense Ratio Comparison

Both MSFW and MAGY have an expense ratio of 0.99%.

Dividends

MSFW vs. MAGY - Dividend Comparison

MSFW's dividend yield for the trailing twelve months is around 50.19%, more than MAGY's 40.31% yield.

Position	TTM	2025
MAGY Roundhill Magnificent Seven Covered Call ETF	40.31%	23.38%
MSFW Roundhill MSFT WeeklyPay™ ETF	50.19%	20.25%

Frequently Asked Questions

Can I hold both MSFW and MAGY in my portfolio?

MSFW and MAGY have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSFW or MAGY?

Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MSFW or MAGY?

MSFW and MAGY have the same expense ratio: 0.99% per year.

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

MSFW has the higher dividend yield at 50.19%, compared with 40.31% for MAGY.