QTUM vs. MAGS

Last updated Jun 10, 2026

QTUM (Defiance Quantum ETF) and MAGS (Roundhill Magnificent Seven ETF) are both Technology Equities funds. QTUM is passively managed, while MAGS is actively managed. Over the past 3 years, QTUM returned 47.54%/yr vs 32.58%/yr for MAGS. A 0.66 correlation means they provide meaningful diversification when combined. QTUM charges 0.40%/yr vs 0.29%/yr for MAGS.

Performance

QTUM vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Quantum ETF (QTUM) 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, QTUM achieves a 41.40% return, which is significantly higher than MAGS's -0.45% return.

QTUM

• 1D: -1.90%
• 1M: 6.79%
• YTD: 41.40%
• 6M: 36.09%
• 1Y: 75.60%
• 3Y*: 47.54%
• 5Y*: 27.09%
• 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)

QTUM vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QTUM Defiance Quantum ETF	41.40%	36.65%	50.54%	19.42%
MAGS Roundhill Magnificent Seven ETF	-0.45%	22.99%	63.97%	35.74%

Correlation

The correlation between QTUM and MAGS is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023	0.66

The correlation between QTUM and MAGS has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.

QTUM vs. MAGS - Sectors Allocation Comparison

Sectors	QTUM	MAGS
Technology	85.1%	15.3%
Industrials	8.7%	-
Communication Services	4.9%	9.1%
Consumer Cyclical	0.7%	10.3%
Healthcare	0.6%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

QTUM vs. MAGS — Risk / Return Rank

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

QTUM

QTUM Risk / Return Rank: 87
QTUM Sharpe Ratio Rank: 90
QTUM Sortino Ratio Rank: 82
QTUM Omega Ratio Rank: 82
QTUM Calmar Ratio Rank: 90
QTUM Martin Ratio Rank: 90

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.

QTUM vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) 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.

	QTUM	MAGS	Difference
Sharpe ratio: Return per unit of total volatility	2.74	1.25	+1.49
Sortino ratio: Return per unit of downside risk	3.25	1.75	+1.49
Omega ratio: Gain probability vs. loss probability	1.44	1.22	+0.22
Calmar ratio: Return relative to maximum drawdown	4.98	1.35	+3.63
Martin ratio: Return relative to average drawdown	18.34	4.64	+13.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTUM vs. MAGS - Sharpe Ratio Comparison

The current QTUM Sharpe Ratio is 2.74, which is higher than the MAGS Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of QTUM 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

	QTUM	MAGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.74	1.25	+1.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.01	1.44	-0.43

Drawdowns

QTUM vs. MAGS - Drawdown Comparison

The maximum QTUM drawdown since its inception was -38.45%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for QTUM and MAGS.

Drawdown Indicators

	QTUM	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-38.45%	-29.91%	-8.54%
Max Drawdown (1Y) Largest decline over 1 year	-15.26%	-18.62%	+3.36%
Max Drawdown (3Y) Largest decline over 3 years	-25.39%	-29.91%	+4.52%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	—	—
Current Drawdown Current decline from peak	-8.30%	-7.44%	-0.86%
Average Drawdown Average peak-to-trough decline	-8.25%	-4.70%	-3.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.14%	5.42%	-1.28%

Volatility

QTUM vs. MAGS - Volatility Comparison

Defiance Quantum ETF (QTUM) has a higher volatility of 13.43% compared to Roundhill Magnificent Seven ETF (MAGS) at 5.85%. This indicates that QTUM'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

	QTUM	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.43%	5.85%	+7.58%
Volatility (6M) Calculated over the trailing 6-month period	22.42%	14.90%	+7.52%
Volatility (1Y) Calculated over the trailing 1-year period	27.76%	20.23%	+7.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.87%	25.98%	+0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.33%	25.98%	+1.35%

QTUM vs. MAGS - Expense Ratio Comparison

QTUM has a 0.40% expense ratio, which is higher than MAGS's 0.29% expense ratio.

Dividends

QTUM vs. MAGS - Dividend Comparison

QTUM's dividend yield for the trailing twelve months is around 0.76%, less than MAGS's 1.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MAGS Roundhill Magnificent Seven ETF	1.49%	1.48%	0.81%	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.76%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both QTUM and MAGS in my portfolio?

QTUM and MAGS have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QTUM or MAGS?

QTUM has higher volatility (13.43%) compared to MAGS (5.85%). In terms of maximum drawdown, QTUM dropped -38.45% vs MAGS's -29.91%.

Which ETF is better, QTUM or MAGS?

On 3-year performance, QTUM leads with 47.54% vs 32.58% for MAGS. 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, QTUM or MAGS?

Over the 3-year period, QTUM has performed better with a 47.54% return vs 32.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTUM or MAGS?

MAGS is cheaper with a 0.29% expense ratio, compared with 0.40% for QTUM.

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

MAGS has the higher dividend yield at 1.49%, compared with 0.76% for QTUM.

What is the main difference between QTUM and MAGS?

They also come from different issuers: Defiance and Roundhill. Their fees differ too: 0.40% for QTUM and 0.29% for MAGS.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (2.74 vs 1.25), 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.