PTIR vs. MAGS

Last updated Jun 10, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and MAGS (Roundhill Magnificent Seven ETF) are both exchange-traded funds - PTIR is a Leveraged Equities fund actively managed by GraniteShares, while MAGS is a Technology Equities fund actively managed by Roundhill. Both are actively managed. Over the past year, PTIR returned -30.45% vs 25.07% for MAGS. A 0.50 correlation means they provide meaningful diversification when combined. PTIR charges 1.15%/yr vs 0.29%/yr for MAGS.

Performance

PTIR vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long PLTR Daily ETF (PTIR) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PTIR achieves a -53.83% return, which is significantly lower than MAGS's -0.45% return.

PTIR

• 1D: -6.30%
• 1M: -11.41%
• YTD: -53.83%
• 6M: -56.61%
• 1Y: -30.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGS

• 1D: -1.31%
• 1M: -5.69%
• YTD: -0.45%
• 6M: -0.80%
• 1Y: 25.07%
• 3Y*: 32.58%
• 5Y*: —
• 10Y*: —

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

PTIR vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PTIR GraniteShares 2x Long PLTR Daily ETF	-53.83%	221.36%	425.36%
MAGS Roundhill Magnificent Seven ETF	-0.45%	22.99%	27.11%

Correlation

The correlation between PTIR and MAGS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024	0.50

The correlation between PTIR and MAGS has been stable across timeframes, ranging from 0.44 to 0.50 - a consistent structural relationship.

PTIR vs. MAGS - Sectors Allocation Comparison

Sectors	PTIR	MAGS
Technology	100.0%	15.3%
Basic Materials	-	-
Communication Services	-	9.1%
Consumer Cyclical	-	10.3%
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

PTIR vs. MAGS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PTIR

PTIR Risk / Return Rank: 8
PTIR Sharpe Ratio Rank: 7
PTIR Sortino Ratio Rank: 10
PTIR Omega Ratio Rank: 10
PTIR Calmar Ratio Rank: 6
PTIR Martin Ratio Rank: 6

MAGS

MAGS Risk / Return Rank: 36
MAGS Sharpe Ratio Rank: 39
MAGS Sortino Ratio Rank: 38
MAGS Omega Ratio Rank: 37
MAGS Calmar Ratio Rank: 31
MAGS Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PTIR vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) 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.

	PTIR	MAGS	Difference
Sharpe ratio: Return per unit of total volatility	-0.30	1.25	-1.55
Sortino ratio: Return per unit of downside risk	0.22	1.75	-1.54
Omega ratio: Gain probability vs. loss probability	1.03	1.22	-0.19
Calmar ratio: Return relative to maximum drawdown	-0.45	1.35	-1.80
Martin ratio: Return relative to average drawdown	-0.75	4.64	-5.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PTIR vs. MAGS - Sharpe Ratio Comparison

The current PTIR Sharpe Ratio is -0.30, which is lower than the MAGS Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of PTIR 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.

Sharpe Ratios by Period

	PTIR	MAGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.30	1.25	-1.55
Sharpe Ratio (All Time) Calculated using the full available price history	1.72	1.44	+0.28

Drawdowns

PTIR vs. MAGS - Drawdown Comparison

The maximum PTIR drawdown since its inception was -69.10%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for PTIR and MAGS.

Drawdown Indicators

	PTIR	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-69.10%	-29.91%	-39.19%
Max Drawdown (1Y) Largest decline over 1 year	-68.18%	-18.62%	-49.56%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.91%	—
Current Drawdown Current decline from peak	-68.18%	-7.44%	-60.74%
Average Drawdown Average peak-to-trough decline	-27.75%	-4.70%	-23.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.39%	5.42%	+34.97%

Volatility

PTIR vs. MAGS - Volatility Comparison

GraniteShares 2x Long PLTR Daily ETF (PTIR) has a higher volatility of 34.63% compared to Roundhill Magnificent Seven ETF (MAGS) at 5.85%. This indicates that PTIR's price experiences larger fluctuations and is considered to be riskier than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTIR	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	34.63%	5.85%	+28.78%
Volatility (6M) Calculated over the trailing 6-month period	77.29%	14.90%	+62.39%
Volatility (1Y) Calculated over the trailing 1-year period	101.53%	20.23%	+81.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	129.15%	25.98%	+103.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	129.15%	25.98%	+103.17%

PTIR vs. MAGS - Expense Ratio Comparison

PTIR has a 1.15% expense ratio, which is higher than MAGS's 0.29% expense ratio.

Dividends

PTIR vs. MAGS - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 12.59%, more than MAGS's 1.49% yield.

Position	TTM	2025	2024	2023
MAGS Roundhill Magnificent Seven ETF	1.49%	1.48%	0.81%	0.44%
PTIR GraniteShares 2x Long PLTR Daily ETF	12.59%	5.81%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PTIR and MAGS in my portfolio?

PTIR and MAGS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PTIR or MAGS?

PTIR has higher volatility (34.63%) compared to MAGS (5.85%). In terms of maximum drawdown, PTIR dropped -69.10% vs MAGS's -29.91%.

Which ETF is better, PTIR or MAGS?

On 1-year performance, MAGS leads with 25.07% vs -30.45% for PTIR. On fees, MAGS is cheaper at 0.29% per year. On volatility, MAGS has been the lower-risk option at 5.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PTIR or MAGS?

Over the 1-year period, MAGS has performed better with a 25.07% return vs -30.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PTIR or MAGS?

MAGS is cheaper with a 0.29% expense ratio, compared with 1.15% for PTIR.

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

PTIR has the higher dividend yield at 12.59%, compared with 1.49% for MAGS.

What is the main difference between PTIR and MAGS?

PTIR is categorized as Leveraged Equities, while MAGS is Technology Equities. They also come from different issuers: GraniteShares and Roundhill. Their fees differ too: 1.15% for PTIR and 0.29% for MAGS.

Which has better risk-adjusted returns?

MAGS currently has the higher Sharpe Ratio (1.25 vs -0.30), 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.