NVII vs. MAGY

Last updated Apr 1, 2026

Compare and contrast key facts about REX NVDA Growth & Income ETF (NVII) and Roundhill Magnificent Seven Covered Call ETF (MAGY).

NVII and MAGY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVII is an actively managed fund by REX. It was launched on May 27, 2025. MAGY is an actively managed fund by Roundhill. It was launched on Apr 23, 2025.

Performance

NVII vs. MAGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX NVDA Growth & Income ETF (NVII) and Roundhill Magnificent Seven Covered Call ETF (MAGY). The values are adjusted to include any dividend payments, if applicable.

NVII vs. MAGY - Yearly Performance Comparison

	2026 (YTD)	2025
NVII REX NVDA Growth & Income ETF	-4.80%	48.28%
MAGY Roundhill Magnificent Seven Covered Call ETF	-9.64%	17.13%

Returns By Period

In the year-to-date period, NVII achieves a -4.80% return, which is significantly higher than MAGY's -9.64% return.

NVII

• 1D: 6.41%
• 1M: 0.12%
• YTD: -4.80%
• 6M: -5.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGY

• 1D: 2.97%
• 1M: -4.78%
• YTD: -9.64%
• 6M: -7.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVII vs. MAGY - Expense Ratio Comparison

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

NVII

REX NVDA Growth & Income ETF

MAGY

Roundhill Magnificent Seven Covered Call ETF

Return for Risk

NVII vs. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX NVDA Growth & Income ETF (NVII) 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.

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

Sharpe Ratios by Period

	NVII	MAGY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.48	1.06	+0.42

Correlation

The correlation between NVII and MAGY is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NVII vs. MAGY - Dividend Comparison

NVII's dividend yield for the trailing twelve months is around 47.99%, more than MAGY's 37.14% yield.

	TTM	2025
NVII REX NVDA Growth & Income ETF	47.99%	29.17%
MAGY Roundhill Magnificent Seven Covered Call ETF	37.14%	23.38%

Drawdowns

NVII vs. MAGY - Drawdown Comparison

The maximum NVII drawdown since its inception was -18.47%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for NVII and MAGY.

Drawdown Indicators

	NVII	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-14.29%	-4.18%
Current Drawdown Current decline from peak	-13.24%	-11.60%	-1.64%
Average Drawdown Average peak-to-trough decline	-5.62%	-2.20%	-3.42%

Volatility

Volatility by Period

	NVII	MAGY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	34.50%	14.87%	+19.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.50%	14.87%	+19.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.50%	14.87%	+19.63%