RDW vs. MAGS
RDW (Redwire Corporation) is a stock, while MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill. Over the past 3 years, RDW returned 79.83%/yr vs 31.29%/yr for MAGS. At a 0.31 correlation, their price movements are largely independent.
Performance
RDW vs. MAGS - Performance Comparison
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Returns By Period
In the year-to-date period, RDW achieves a 98.95% return, which is significantly higher than MAGS's -1.59% return.
RDW
- 1D
- -11.53%
- 1M
- 31.94%
- YTD
- 98.95%
- 6M
- 107.41%
- 1Y
- -21.74%
- 3Y*
- 79.83%
- 5Y*
- —
- 10Y*
- —
MAGS
- 1D
- 0.00%
- 1M
- -7.97%
- YTD
- -1.59%
- 6M
- -0.43%
- 1Y
- 23.09%
- 3Y*
- 31.29%
- 5Y*
- —
- 10Y*
- —
RDW vs. MAGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RDW Redwire Corporation | 98.95% | -53.83% | 477.54% | -0.70% |
MAGS Roundhill Magnificent Seven ETF | -1.59% | 22.99% | 63.97% | 35.74% |
Correlation
The correlation between RDW and MAGS is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023 | 0.31 |
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Return for Risk
RDW vs. MAGS — Risk / Return Rank
RDW
MAGS
RDW vs. MAGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwire Corporation (RDW) 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.
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.
| RDW | MAGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.20 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 1.25 | -1.53 |
| Martin ratioReturn relative to average drawdown | -0.42 | 4.21 | -4.63 |
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Drawdowns
RDW vs. MAGS - Drawdown Comparison
The maximum RDW drawdown since its inception was -87.26%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for RDW and MAGS.
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Drawdown Indicators
| RDW | MAGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.26% | -29.91% | -57.35% |
Max Drawdown (1Y)Largest decline over 1 year | -75.40% | -18.62% | -56.78% |
Max Drawdown (3Y)Largest decline over 3 years | -80.28% | -29.91% | -50.37% |
Current DrawdownCurrent decline from peak | -41.62% | -8.50% | -33.12% |
Average DrawdownAverage peak-to-trough decline | -59.30% | -4.72% | -54.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.88% | 5.50% | +46.38% |
Volatility
RDW vs. MAGS - Volatility Comparison
Redwire Corporation (RDW) has a higher volatility of 53.68% compared to Roundhill Magnificent Seven ETF (MAGS) at 5.86%. This indicates that RDW'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.
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Volatility by Period
| RDW | MAGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 53.68% | 5.86% | +47.82% |
Volatility (6M)Calculated over the trailing 6-month period | 94.49% | 15.07% | +79.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 118.63% | 20.30% | +98.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.83% | 25.97% | +70.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.83% | 25.97% | +70.86% |
Dividends
RDW vs. MAGS - Dividend Comparison
RDW has not paid dividends to shareholders, while MAGS's dividend yield for the trailing twelve months is around 1.50%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MAGS Roundhill Magnificent Seven ETF | 1.50% | 1.48% | 0.81% | 0.44% |
RDW Redwire Corporation | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RDW and MAGS have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (53.68%) compared to MAGS (5.86%). In terms of maximum drawdown, RDW dropped -87.26% vs MAGS's -29.91%.
MAGS currently has the higher Sharpe Ratio (1.14 vs -0.18), 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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