RCAT vs. MAGX
RCAT (Red Cat Holdings, Inc.) is a stock, while MAGX (Roundhill Daily 2X Long Magnificent Seven ETF) is Leveraged Equities fund actively managed by Roundhill. Over the past year, RCAT returned 27.77% vs 33.21% for MAGX. At a 0.23 correlation, their price movements are largely independent.
Performance
RCAT vs. MAGX - Performance Comparison
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Returns By Period
In the year-to-date period, RCAT achieves a 40.98% return, which is significantly higher than MAGX's -8.69% return.
RCAT
- 1D
- -6.91%
- 1M
- 18.94%
- YTD
- 40.98%
- 6M
- 39.05%
- 1Y
- 27.77%
- 3Y*
- 131.59%
- 5Y*
- 26.88%
- 10Y*
- —
MAGX
- 1D
- -0.27%
- 1M
- -16.06%
- YTD
- -8.69%
- 6M
- -7.45%
- 1Y
- 33.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RCAT vs. MAGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RCAT Red Cat Holdings, Inc. | 40.98% | -38.29% | 1,636.49% |
MAGX Roundhill Daily 2X Long Magnificent Seven ETF | -8.69% | 26.16% | 82.41% |
Correlation
The correlation between RCAT and MAGX is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 29, 2024 | 0.23 |
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Return for Risk
RCAT vs. MAGX — Risk / Return Rank
RCAT
MAGX
RCAT vs. MAGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Red Cat Holdings, Inc. (RCAT) 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.
| RCAT | MAGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.16 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 0.90 | -0.43 |
| Martin ratioReturn relative to average drawdown | 0.92 | 2.70 | -1.78 |
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Drawdowns
RCAT vs. MAGX - Drawdown Comparison
The maximum RCAT drawdown since its inception was -99.21%, which is greater than MAGX's maximum drawdown of -54.19%. Use the drawdown chart below to compare losses from any high point for RCAT and MAGX.
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Drawdown Indicators
| RCAT | MAGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.21% | -54.19% | -45.02% |
Max Drawdown (1Y)Largest decline over 1 year | -60.08% | -37.24% | -22.84% |
Max Drawdown (3Y)Largest decline over 3 years | -67.16% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -92.25% | — | — |
Current DrawdownCurrent decline from peak | -35.60% | -16.77% | -18.83% |
Average DrawdownAverage peak-to-trough decline | -65.98% | -13.76% | -52.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.17% | 12.32% | +17.85% |
Volatility
RCAT vs. MAGX - Volatility Comparison
Red Cat Holdings, Inc. (RCAT) has a higher volatility of 40.71% compared to Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) at 12.35%. This indicates that RCAT'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
| RCAT | MAGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 40.71% | 12.35% | +28.36% |
Volatility (6M)Calculated over the trailing 6-month period | 85.22% | 30.63% | +54.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 120.36% | 40.70% | +79.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 115.04% | 53.61% | +61.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29,209.75% | 53.61% | +29,156.14% |
Dividends
RCAT vs. MAGX - Dividend Comparison
RCAT 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% |
RCAT Red Cat Holdings, Inc. | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RCAT and MAGX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RCAT has higher volatility (40.71%) compared to MAGX (12.35%). In terms of maximum drawdown, RCAT dropped -99.21% vs MAGX's -54.19%.
MAGX currently has the higher Sharpe Ratio (0.82 vs 0.23), 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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