TSLW vs. MAGY

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill TSLA WeeklyPay™ ETF (TSLW) and Roundhill Magnificent Seven Covered Call ETF (MAGY).

TSLW and MAGY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSLW is an actively managed fund by Roundhill. It was launched on Feb 19, 2025. MAGY is an actively managed fund by Roundhill. It was launched on Apr 23, 2025.

Performance

TSLW vs. MAGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill TSLA WeeklyPay™ ETF (TSLW) and Roundhill Magnificent Seven Covered Call ETF (MAGY). The values are adjusted to include any dividend payments, if applicable.

TSLW vs. MAGY - Yearly Performance Comparison

	2026 (YTD)	2025
TSLW Roundhill TSLA WeeklyPay™ ETF	-21.43%	33.77%
MAGY Roundhill Magnificent Seven Covered Call ETF	-9.64%	15.77%

Returns By Period

In the year-to-date period, TSLW achieves a -21.43% return, which is significantly lower than MAGY's -9.64% return.

TSLW

• 1D: 5.53%
• 1M: -9.58%
• YTD: -21.43%
• 6M: -21.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGY

• 1D: 2.97%
• 1M: -4.78%
• YTD: -9.64%
• 6M: -7.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSLW vs. MAGY - Expense Ratio Comparison

Both TSLW and MAGY have an expense ratio of 0.99%.

TSLW

Roundhill TSLA WeeklyPay™ ETF

MAGY

Roundhill Magnificent Seven Covered Call ETF

Return for Risk

TSLW vs. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill TSLA WeeklyPay™ ETF (TSLW) and Roundhill Magnificent Seven Covered Call ETF (MAGY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TSLW	MAGY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	1.06	-0.95

Correlation

The correlation between TSLW and MAGY is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TSLW vs. MAGY - Dividend Comparison

TSLW's dividend yield for the trailing twelve months is around 83.63%, more than MAGY's 37.14% yield.

	TTM	2025
TSLW Roundhill TSLA WeeklyPay™ ETF	83.63%	49.31%
MAGY Roundhill Magnificent Seven Covered Call ETF	37.14%	23.38%

Drawdowns

TSLW vs. MAGY - Drawdown Comparison

The maximum TSLW drawdown since its inception was -32.91%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for TSLW and MAGY.

Drawdown Indicators

	TSLW	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	-32.91%	-14.29%	-18.62%
Current Drawdown Current decline from peak	-29.20%	-11.60%	-17.60%
Average Drawdown Average peak-to-trough decline	-10.58%	-2.20%	-8.38%

Volatility

Volatility by Period

	TSLW	MAGY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	56.71%	14.87%	+41.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.71%	14.87%	+41.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.71%	14.87%	+41.84%