QBIG vs. MAGS
Compare and contrast key facts about Invesco Top QQQ ETF (QBIG) and Roundhill Magnificent Seven ETF (MAGS).
QBIG and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QBIG is an actively managed fund by Invesco. It was launched on Dec 4, 2024. MAGS is an actively managed fund by Roundhill. It was launched on Apr 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QBIG or MAGS.
Correlation
The correlation between QBIG and MAGS is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QBIG vs. MAGS - Performance Comparison
Loading data...
Key characteristics
QBIG:
40.35%
MAGS:
33.86%
QBIG:
-30.33%
MAGS:
-29.91%
QBIG:
-9.81%
MAGS:
-9.25%
Returns By Period
In the year-to-date period, QBIG achieves a -4.68% return, which is significantly lower than MAGS's -3.64% return.
QBIG
-4.68%
20.89%
N/A
N/A
N/A
N/A
MAGS
-3.64%
22.58%
4.74%
29.89%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QBIG vs. MAGS - Expense Ratio Comparison
Both QBIG and MAGS have an expense ratio of 0.29%.
Risk-Adjusted Performance
QBIG vs. MAGS — Risk-Adjusted Performance Rank
QBIG
MAGS
QBIG vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Top QQQ ETF (QBIG) 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.
Loading data...
Dividends
QBIG vs. MAGS - Dividend Comparison
QBIG has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 0.84%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
QBIG Invesco Top QQQ ETF | 0.00% | 0.00% | 0.00% |
MAGS Roundhill Magnificent Seven ETF | 0.84% | 0.81% | 0.44% |
Drawdowns
QBIG vs. MAGS - Drawdown Comparison
The maximum QBIG drawdown since its inception was -30.33%, roughly equal to the maximum MAGS drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for QBIG and MAGS. For additional features, visit the drawdowns tool.
Loading data...
Volatility
QBIG vs. MAGS - Volatility Comparison
Loading data...