NERD vs. MAGS

Last updated Aug 2, 2026

NERD (Roundhill Video Games ETF) and MAGS (Roundhill Magnificent Seven ETF) are both exchange-traded funds - NERD is a Gaming fund actively managed by Roundhill, while MAGS is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Over the past 3 years, NERD returned 11.30%/yr vs 28.94%/yr for MAGS. Their 0.55 correlation means they have sometimes moved together and sometimes differently. NERD charges 0.50%/yr vs 0.30%/yr for MAGS.

Performance

NERD vs. MAGS - Performance Comparison

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

Returns By Period

NERD

• 1D: -3.19%
• 1M: 2.76%
• 6M: -8.36%
• YTD: -12.26%
• 1Y: -15.44%
• 3Y*: 11.30%
• 5Y*: -4.89%
• 10Y*: —
• ALL TIME*: 5.86%

MAGS

• 1D: 3.19%
• 1M: 1.32%
• 6M: -0.29%
• YTD: 0.00%
• 1Y: 17.98%
• 3Y*: 28.94%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 35.62%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MAGS Roundhill Magnificent Seven ETF	$254.73M	$303.60M	$278.63M
NERD Roundhill Video Games ETF	$28.51K	$28.10K	$40.56K

NERD vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NERD Roundhill Video Games ETF	-12.26%	23.14%	28.52%	3.47%
MAGS Roundhill Magnificent Seven ETF	0.00%	22.99%	63.97%	35.74%

Correlation

The correlation between NERD and MAGS is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.53
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023	0.55

The correlation between NERD and MAGS has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.

NERD vs. MAGS - Sectors Allocation Comparison

Sectors	NERD	MAGS
Communication Services	90.5%	6.5%
Consumer Cyclical	4.3%	6.2%
Technology	4.0%	13.0%
Industrials	1.2%	-
Financial Services	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

NERD vs. MAGS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NERD

NERD Risk / Return Rank: 4
NERD Sharpe Ratio Rank: 3
NERD Sortino Ratio Rank: 3
NERD Omega Ratio Rank: 3
NERD Calmar Ratio Rank: 5
NERD Martin Ratio Rank: 6

MAGS

MAGS Risk / Return Rank: 27
MAGS Sharpe Ratio Rank: 27
MAGS Sortino Ratio Rank: 27
MAGS Omega Ratio Rank: 26
MAGS Calmar Ratio Rank: 25
MAGS Martin Ratio Rank: 27

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NERD vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Video Games ETF (NERD) 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.

	NERD	MAGS	Difference
Sharpe ratio: Return per unit of total volatility	-0.81	0.64	-1.45
Sortino ratio: Return per unit of downside risk	-1.06	1.01	-2.07
Omega ratio: Gain probability vs. loss probability	0.88	1.12	-0.25
Calmar ratio: Return relative to maximum drawdown	-0.50	0.77	-1.27
Martin ratio: Return relative to average drawdown	-0.82	2.26	-3.08

NERD vs. MAGS - Sharpe Ratio Comparison

The current NERD Sharpe Ratio is -0.81, which is lower than the MAGS Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of NERD 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

NERD vs. MAGS - Drawdown Comparison

The maximum NERD drawdown since its inception was -65.58%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for NERD and MAGS.

Drawdown Indicators

	NERD	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-65.58%	-29.91%	-35.67%
Max Drawdown (1Y) Largest decline over 1 year	-33.23%	-18.62%	-14.61%
Max Drawdown (3Y) Largest decline over 3 years	-33.23%	-29.91%	-3.32%
Max Drawdown (5Y) Largest decline over 5 years	-54.10%	—	—
Current Drawdown Current decline from peak	-43.09%	-7.02%	-36.07%
Average Drawdown Average peak-to-trough decline	-36.09%	-4.86%	-31.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.32%	6.31%	+14.01%

Volatility

NERD vs. MAGS - Volatility Comparison

The current volatility for Roundhill Video Games ETF (NERD) is 7.07%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 8.02%. This indicates that NERD experiences smaller price fluctuations and is considered to be less risky than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NERD	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	8.02%	-0.95%
Volatility (6M) Calculated over the trailing 6-month period	16.65%	17.37%	-0.72%
Volatility (1Y) Calculated over the trailing 1-year period	20.63%	22.30%	-1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.66%	26.09%	-1.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.46%	26.09%	-0.63%

NERD vs. MAGS - Expense Ratio Comparison

NERD has a 0.50% expense ratio, which is higher than MAGS's 0.30% expense ratio.

Dividends

NERD vs. MAGS - Dividend Comparison

NERD's dividend yield for the trailing twelve months is around 0.72%, less than MAGS's 1.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
MAGS Roundhill Magnificent Seven ETF	1.48%	1.48%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%
NERD Roundhill Video Games ETF	0.72%	0.63%	1.74%	1.07%	0.69%	0.02%	1.05%	0.31%

Frequently Asked Questions

Can I hold both NERD and MAGS in my portfolio?

NERD and MAGS have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NERD or MAGS?

MAGS has higher volatility (8.02%) compared to NERD (7.07%). In terms of maximum drawdown, NERD dropped -65.58% vs MAGS's -29.91%.

Which ETF is better, NERD or MAGS?

On 3-year performance, MAGS leads with 28.94% vs 11.30% for NERD. On fees, MAGS is cheaper at 0.30% per year. On volatility, NERD has been the lower-risk option at 7.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NERD or MAGS?

Over the 3-year period, MAGS has performed better with a 28.94% return vs 11.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NERD or MAGS?

MAGS is cheaper with a 0.30% expense ratio, compared with 0.50% for NERD.

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

MAGS has the higher dividend yield at 1.48%, compared with 0.72% for NERD.

What is the main difference between NERD and MAGS?

NERD is categorized as Gaming, while MAGS is Technology Equities. Their fees differ too: 0.50% for NERD and 0.30% for MAGS.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (0.64 vs -0.81), 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.