PRZO vs. MAGX
PRZO (ParaZero Technologies Ltd. Ordinary Shares) is a stock, while MAGX (Roundhill Daily 2X Long Magnificent Seven ETF) is Leveraged Equities fund actively managed by Roundhill. Over the past year, PRZO returned -49.14% vs 33.21% for MAGX. At a 0.14 correlation, their price movements are largely independent.
Performance
PRZO vs. MAGX - Performance Comparison
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Returns By Period
In the year-to-date period, PRZO achieves a -26.98% return, which is significantly lower than MAGX's -8.69% return.
PRZO
- 1D
- -3.06%
- 1M
- 7.50%
- YTD
- -26.98%
- 6M
- -52.77%
- 1Y
- -49.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAGX
- 1D
- -0.27%
- 1M
- -16.06%
- YTD
- -8.69%
- 6M
- -7.45%
- 1Y
- 33.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PRZO vs. MAGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PRZO ParaZero Technologies Ltd. Ordinary Shares | -26.98% | -59.85% | 185.51% |
MAGX Roundhill Daily 2X Long Magnificent Seven ETF | -8.69% | 26.16% | 82.41% |
Correlation
The correlation between PRZO and MAGX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024 | 0.14 |
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Return for Risk
PRZO vs. MAGX — Risk / Return Rank
PRZO
MAGX
PRZO vs. MAGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ParaZero Technologies Ltd. Ordinary Shares (PRZO) 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.
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.
| PRZO | MAGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.34 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.16 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 0.90 | -1.54 |
| Martin ratioReturn relative to average drawdown | -1.16 | 2.70 | -3.86 |
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Drawdowns
PRZO vs. MAGX - Drawdown Comparison
The maximum PRZO drawdown since its inception was -88.53%, which is greater than MAGX's maximum drawdown of -54.19%. Use the drawdown chart below to compare losses from any high point for PRZO and MAGX.
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Drawdown Indicators
| PRZO | MAGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.53% | -54.19% | -34.34% |
Max Drawdown (1Y)Largest decline over 1 year | -76.78% | -37.24% | -39.54% |
Current DrawdownCurrent decline from peak | -85.45% | -16.77% | -68.68% |
Average DrawdownAverage peak-to-trough decline | -74.24% | -13.76% | -60.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.41% | 12.32% | +30.09% |
Volatility
PRZO vs. MAGX - Volatility Comparison
ParaZero Technologies Ltd. Ordinary Shares (PRZO) has a higher volatility of 50.24% compared to Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) at 12.35%. This indicates that PRZO'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.
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Volatility by Period
| PRZO | MAGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 50.24% | 12.35% | +37.89% |
Volatility (6M)Calculated over the trailing 6-month period | 91.31% | 30.63% | +60.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 117.45% | 40.70% | +76.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 174.37% | 53.61% | +120.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 174.37% | 53.61% | +120.76% |
Dividends
PRZO vs. MAGX - Dividend Comparison
PRZO has not paid dividends to shareholders, while MAGX's dividend yield for the trailing twelve months is around 2.24%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MAGX Roundhill Daily 2X Long Magnificent Seven ETF | 2.24% | 2.05% | 0.86% |
PRZO ParaZero Technologies Ltd. Ordinary Shares | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PRZO and MAGX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRZO has higher volatility (50.24%) compared to MAGX (12.35%). In terms of maximum drawdown, PRZO dropped -88.53% vs MAGX's -54.19%.
MAGX currently has the higher Sharpe Ratio (0.82 vs -0.42), 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.
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