SCHD vs. MAG7.L

Last updated Jun 18, 2026

SCHD (Schwab U.S. Dividend Equity ETF) and MAG7.L (Leverage Shares 5x Long Magnificent 7 ETP Securities) are both exchange-traded funds - SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index, while MAG7.L is a Leveraged Equities fund tracking the Solactive Magnificent 7 Index. Both are passively managed. Over the past year, SCHD returned 24.12% vs 71.63% for MAG7.L. At a correlation of -0.06, they often move in opposite directions. SCHD charges 0.06%/yr vs 0.75%/yr for MAG7.L.

Performance

SCHD vs. MAG7.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Dividend Equity ETF (SCHD) and Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHD achieves a 17.39% return, which is significantly higher than MAG7.L's -21.08% return.

SCHD

• 1D: -1.84%
• 1M: -0.34%
• YTD: 17.39%
• 6M: 16.67%
• 1Y: 24.12%
• 3Y*: 13.46%
• 5Y*: 9.12%
• 10Y*: 12.59%

MAG7.L

• 1D: 0.00%
• 1M: -23.07%
• YTD: -21.08%
• 6M: -13.81%
• 1Y: 71.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCHD vs. MAG7.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SCHD Schwab U.S. Dividend Equity ETF	17.39%	4.34%	6.76%
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities	-21.08%	-28.43%	164.44%

Correlation

The correlation between SCHD and MAG7.L is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Apr 8, 2024	-0.06

Return for Risk

SCHD vs. MAG7.L — Risk / Return Rank

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

SCHD

SCHD Risk / Return Rank: 78
SCHD Sharpe Ratio Rank: 74
SCHD Sortino Ratio Rank: 82
SCHD Omega Ratio Rank: 72
SCHD Calmar Ratio Rank: 91
SCHD Martin Ratio Rank: 73

MAG7.L

MAG7.L Risk / Return Rank: 24
MAG7.L Sharpe Ratio Rank: 21
MAG7.L Sortino Ratio Rank: 30
MAG7.L Omega Ratio Rank: 28
MAG7.L Calmar Ratio Rank: 22
MAG7.L Martin Ratio Rank: 20

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.

SCHD vs. MAG7.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) and Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L). 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.

	SCHD	MAG7.L	Difference
Sharpe ratio: Return per unit of total volatility	2.19	0.71	+1.48
Sortino ratio: Return per unit of downside risk	3.34	1.59	+1.75
Omega ratio: Gain probability vs. loss probability	1.39	1.18	+0.21
Calmar ratio: Return relative to maximum drawdown	5.25	1.00	+4.25
Martin ratio: Return relative to average drawdown	12.86	2.39	+10.48

SCHD vs. MAG7.L - Sharpe Ratio Comparison

The current SCHD Sharpe Ratio is 2.19, which is higher than the MAG7.L Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of SCHD and MAG7.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCHD vs. MAG7.L - Drawdown Comparison

The maximum SCHD drawdown since its inception was -33.37%, smaller than the maximum MAG7.L drawdown of -91.14%. Use the drawdown chart below to compare losses from any high point for SCHD and MAG7.L.

Drawdown Indicators

	SCHD	MAG7.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.37%	-91.14%	+57.77%
Max Drawdown (1Y) Largest decline over 1 year	-4.61%	-71.56%	+66.95%
Max Drawdown (3Y) Largest decline over 3 years	-16.13%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.37%	—	—
Current Drawdown Current decline from peak	-2.74%	-56.74%	+54.00%
Average Drawdown Average peak-to-trough decline	-3.31%	-47.78%	+44.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	29.92%	-28.04%

Volatility

SCHD vs. MAG7.L - Volatility Comparison

The current volatility for Schwab U.S. Dividend Equity ETF (SCHD) is 3.58%, while Leverage Shares 5x Long Magnificent 7 ETP Securities (MAG7.L) has a volatility of 31.80%. This indicates that SCHD experiences smaller price fluctuations and is considered to be less risky than MAG7.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHD	MAG7.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.58%	31.80%	-28.22%
Volatility (6M) Calculated over the trailing 6-month period	7.83%	75.74%	-67.91%
Volatility (1Y) Calculated over the trailing 1-year period	11.10%	100.23%	-89.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	125.27%	-110.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.73%	125.27%	-108.54%

SCHD vs. MAG7.L - Expense Ratio Comparison

SCHD has a 0.06% expense ratio, which is lower than MAG7.L's 0.75% expense ratio.

Dividends

SCHD vs. MAG7.L - Dividend Comparison

SCHD's dividend yield for the trailing twelve months is around 3.31%, while MAG7.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAG7.L Leverage Shares 5x Long Magnificent 7 ETP Securities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.31%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both SCHD and MAG7.L in my portfolio?

SCHD and MAG7.L have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCHD or MAG7.L?

On fees, SCHD is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCHD or MAG7.L?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.75% for MAG7.L.

What is the main difference between SCHD and MAG7.L?

SCHD is categorized as Dividend, while MAG7.L is Leveraged Equities. SCHD tracks Dow Jones U.S. Dividend 100 Index, while MAG7.L tracks Solactive Magnificent 7 Index. They also come from different issuers: Charles Schwab and Leverage Shares. Their fees differ too: 0.06% for SCHD and 0.75% for MAG7.L.