MSTW vs. MAGY
MSTW (Roundhill MSTR WeeklyPay ETF) and MAGY (Roundhill Magnificent Seven Covered Call ETF) are both Derivative Income funds from Roundhill. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.99% expense ratio.
Performance
MSTW vs. MAGY - Performance Comparison
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Returns By Period
In the year-to-date period, MSTW achieves a -40.29% return, which is significantly lower than MAGY's -7.53% return.
MSTW
- 1D
- -5.77%
- 1M
- -41.43%
- YTD
- -40.29%
- 6M
- -43.01%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAGY
- 1D
- -1.25%
- 1M
- -7.24%
- YTD
- -7.53%
- 6M
- -8.15%
- 1Y
- 3.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MSTW vs. MAGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MSTW Roundhill MSTR WeeklyPay ETF | -40.29% | -71.40% |
MAGY Roundhill Magnificent Seven Covered Call ETF | -7.53% | 8.15% |
Correlation
The correlation between MSTW and MAGY is 0.46, 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 | 0.46 |
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Return for Risk
MSTW vs. MAGY — Risk / Return Rank
MSTW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MAGY
MSTW vs. MAGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill MSTR WeeklyPay ETF (MSTW) 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.
| MSTW | MAGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.06 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.26 | — |
| Martin ratioReturn relative to average drawdown | — | 0.81 | — |
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Drawdowns
MSTW vs. MAGY - Drawdown Comparison
The maximum MSTW drawdown since its inception was -82.94%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for MSTW and MAGY.
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Drawdown Indicators
| MSTW | MAGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.94% | -14.29% | -68.65% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.29% | — |
Current DrawdownCurrent decline from peak | -82.94% | -9.54% | -73.40% |
Average DrawdownAverage peak-to-trough decline | -55.68% | -2.88% | -52.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.60% | — |
Volatility
MSTW vs. MAGY - Volatility Comparison
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Volatility by Period
| MSTW | MAGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.76% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.65% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 89.08% | 15.38% | +73.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.08% | 15.45% | +73.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.08% | 15.45% | +73.63% |
MSTW vs. MAGY - Expense Ratio Comparison
Both MSTW and MAGY have an expense ratio of 0.99%.
Dividends
MSTW vs. MAGY - Dividend Comparison
MSTW's dividend yield for the trailing twelve months is around 325.95%, more than MAGY's 40.01% yield.
| Position | TTM | 2025 |
|---|---|---|
MAGY Roundhill Magnificent Seven Covered Call ETF | 40.01% | 23.38% |
MSTW Roundhill MSTR WeeklyPay ETF | 325.95% | 106.94% |
Frequently Asked Questions
MSTW and MAGY have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.99% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
MSTW and MAGY have the same expense ratio: 0.99% per year.
MSTW has the higher dividend yield at 325.95%, compared with 40.01% for MAGY.
Find the right allocation for MSTW and MAGY
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