OZEM vs. MGV
Compare and contrast key facts about Roundhill Glp-1 & Weight Loss ETF (OZEM) and Vanguard Mega Cap Value ETF (MGV).
OZEM and MGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OZEM is an actively managed fund by Roundhill. It was launched on May 20, 2024. MGV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Value Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OZEM or MGV.
Correlation
The correlation between OZEM and MGV is 0.51, 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.
Performance
OZEM vs. MGV - Performance Comparison
Key characteristics
OZEM:
25.27%
MGV:
15.28%
OZEM:
-28.65%
MGV:
-56.31%
OZEM:
-17.63%
MGV:
-7.53%
Returns By Period
In the year-to-date period, OZEM achieves a -2.05% return, which is significantly lower than MGV's -1.53% return.
OZEM
-2.05%
1.29%
-15.54%
N/A
N/A
N/A
MGV
-1.53%
-3.88%
-3.11%
7.88%
13.79%
10.08%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OZEM vs. MGV - Expense Ratio Comparison
OZEM has a 0.59% expense ratio, which is higher than MGV's 0.07% expense ratio.
Risk-Adjusted Performance
OZEM vs. MGV — Risk-Adjusted Performance Rank
OZEM
MGV
OZEM vs. MGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Glp-1 & Weight Loss ETF (OZEM) and Vanguard Mega Cap Value ETF (MGV). 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
OZEM vs. MGV - Dividend Comparison
OZEM's dividend yield for the trailing twelve months is around 0.22%, less than MGV's 2.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OZEM Roundhill Glp-1 & Weight Loss ETF | 0.22% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MGV Vanguard Mega Cap Value ETF | 2.34% | 2.31% | 2.48% | 2.45% | 2.17% | 2.47% | 2.69% | 2.65% | 2.34% | 2.53% | 2.59% | 2.26% |
Drawdowns
OZEM vs. MGV - Drawdown Comparison
The maximum OZEM drawdown since its inception was -28.65%, smaller than the maximum MGV drawdown of -56.31%. Use the drawdown chart below to compare losses from any high point for OZEM and MGV. For additional features, visit the drawdowns tool.
Volatility
OZEM vs. MGV - Volatility Comparison
Roundhill Glp-1 & Weight Loss ETF (OZEM) has a higher volatility of 13.09% compared to Vanguard Mega Cap Value ETF (MGV) at 11.09%. This indicates that OZEM's price experiences larger fluctuations and is considered to be riskier than MGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.