SMR vs. MAGS
SMR (NuScale Power Corporation) is a stock, while MAGS (Roundhill Magnificent Seven ETF) is Technology Equities fund actively managed by Roundhill. Over the past 3 years, SMR returned 5.43%/yr vs 31.29%/yr for MAGS. At a 0.31 correlation, their price movements are largely independent.
Performance
SMR vs. MAGS - Performance Comparison
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Returns By Period
In the year-to-date period, SMR achieves a -30.20% return, which is significantly lower than MAGS's -1.59% return.
SMR
- 1D
- 3.34%
- 1M
- -17.31%
- YTD
- -30.20%
- 6M
- -46.07%
- 1Y
- -75.51%
- 3Y*
- 5.43%
- 5Y*
- -0.32%
- 10Y*
- —
MAGS
- 1D
- 0.00%
- 1M
- -7.97%
- YTD
- -1.59%
- 6M
- -0.43%
- 1Y
- 23.09%
- 3Y*
- 31.29%
- 5Y*
- —
- 10Y*
- —
SMR vs. MAGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SMR NuScale Power Corporation | -30.20% | -20.97% | 444.98% | -61.02% |
MAGS Roundhill Magnificent Seven ETF | -1.59% | 22.99% | 63.97% | 35.74% |
Correlation
The correlation between SMR and MAGS is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2023 | 0.31 |
The correlation between SMR and MAGS shifts across timeframes, from 0.31 (all time) to 0.42 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SMR vs. MAGS — Risk / Return Rank
SMR
MAGS
SMR vs. MAGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NuScale Power Corporation (SMR) 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.
| SMR | MAGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.20 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 1.25 | -2.16 |
| Martin ratioReturn relative to average drawdown | -1.32 | 4.21 | -5.52 |
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Drawdowns
SMR vs. MAGS - Drawdown Comparison
The maximum SMR drawdown since its inception was -87.47%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for SMR and MAGS.
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Drawdown Indicators
| SMR | MAGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.47% | -29.91% | -57.56% |
Max Drawdown (1Y)Largest decline over 1 year | -82.86% | -18.62% | -64.24% |
Max Drawdown (3Y)Largest decline over 3 years | -82.86% | -29.91% | -52.95% |
Max Drawdown (5Y)Largest decline over 5 years | -87.47% | — | — |
Current DrawdownCurrent decline from peak | -81.49% | -8.50% | -72.99% |
Average DrawdownAverage peak-to-trough decline | -35.08% | -4.72% | -30.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.39% | 5.50% | +51.89% |
Volatility
SMR vs. MAGS - Volatility Comparison
NuScale Power Corporation (SMR) has a higher volatility of 28.93% compared to Roundhill Magnificent Seven ETF (MAGS) at 5.86%. This indicates that SMR'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
| SMR | MAGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.93% | 5.86% | +23.07% |
Volatility (6M)Calculated over the trailing 6-month period | 69.57% | 15.07% | +54.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.59% | 20.30% | +82.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.50% | 25.97% | +67.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.31% | 25.97% | +63.34% |
Dividends
SMR vs. MAGS - Dividend Comparison
SMR 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% |
SMR NuScale Power Corporation | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SMR and MAGS have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMR has higher volatility (28.93%) compared to MAGS (5.86%). In terms of maximum drawdown, SMR dropped -87.47% vs MAGS's -29.91%.
MAGS currently has the higher Sharpe Ratio (1.14 vs -0.74), 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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