MSTU vs. MAGX
Compare and contrast key facts about T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX).
MSTU and MAGX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSTU is an actively managed fund by T-Rex. It was launched on Sep 18, 2024. MAGX is an actively managed fund by Roundhill. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTU or MAGX.
Key characteristics
| MSTU | MAGX | |
|---|---|---|
| Daily Std Dev | 210.97% | 50.04% |
| Max Drawdown | -26.25% | -34.50% |
| Current Drawdown | -16.33% | -3.60% |
Correlation
The correlation between MSTU and MAGX is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MSTU vs. MAGX - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MSTU vs. MAGX - Expense Ratio Comparison
MSTU has a 1.05% expense ratio, which is higher than MAGX's 0.95% expense ratio.
Risk-Adjusted Performance
MSTU vs. MAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long MSTR Daily Target ETF (MSTU) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). 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.
Not enough dataDividends
MSTU vs. MAGX - Dividend Comparison
Neither MSTU nor MAGX has paid dividends to shareholders.
Drawdowns
MSTU vs. MAGX - Drawdown Comparison
The maximum MSTU drawdown since its inception was -26.25%, smaller than the maximum MAGX drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for MSTU and MAGX. For additional features, visit the drawdowns tool.
Volatility
MSTU vs. MAGX - Volatility Comparison
T-Rex 2X Long MSTR Daily Target ETF (MSTU) has a higher volatility of 62.43% compared to Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) at 15.69%. This indicates that MSTU's price experiences larger fluctuations and is considered to be riskier than MAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.