WPAY vs. MAGS

Last updated Apr 2, 2026

Compare and contrast key facts about Roundhill WeeklyPay™ Universe ETF (WPAY) and Roundhill Magnificent Seven ETF (MAGS).

WPAY and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WPAY is a passively managed fund by Roundhill that tracks the performance of the Solactive Roundhill WeeklyPay™ Universe Index. It was launched on Sep 3, 2025. MAGS is an actively managed fund by Roundhill. It was launched on Apr 10, 2023.

Performance

WPAY vs. MAGS - Performance Comparison

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

WPAY vs. MAGS - Yearly Performance Comparison

	2026 (YTD)	2025
WPAY Roundhill WeeklyPay™ Universe ETF	-10.65%	-2.47%
MAGS Roundhill Magnificent Seven ETF	-11.04%	9.13%

Returns By Period

The year-to-date returns for both stocks are quite close, with WPAY having a -10.65% return and MAGS slightly lower at -11.04%.

WPAY

• 1D: -1.58%
• 1M: -3.42%
• YTD: -10.65%
• 6M: -19.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGS

• 1D: 1.28%
• 1M: -4.76%
• YTD: -11.04%
• 6M: -8.69%
• 1Y: 27.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WPAY vs. MAGS - Expense Ratio Comparison

WPAY has a 0.99% expense ratio, which is higher than MAGS's 0.29% expense ratio.

WPAY

Roundhill WeeklyPay™ Universe ETF

MAGS

Roundhill Magnificent Seven ETF

Return for Risk

WPAY vs. MAGS — Risk / Return Rank

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

MAGS

MAGS Risk / Return Rank: 56
MAGS Sharpe Ratio Rank: 51
MAGS Sortino Ratio Rank: 59
MAGS Omega Ratio Rank: 54
MAGS Calmar Ratio Rank: 61
MAGS Martin Ratio Rank: 55

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.

WPAY vs. MAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill WeeklyPay™ Universe ETF (WPAY) 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.

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

Sharpe Ratios by Period

	WPAY	MAGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	1.36	-2.14

Correlation

The correlation between WPAY and MAGS is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WPAY vs. MAGS - Dividend Comparison

WPAY's dividend yield for the trailing twelve months is around 36.55%, more than MAGS's 1.66% yield.

	TTM	2025	2024	2023
WPAY Roundhill WeeklyPay™ Universe ETF	36.55%	21.51%	0.00%	0.00%
MAGS Roundhill Magnificent Seven ETF	1.66%	1.48%	0.81%	0.44%

Drawdowns

WPAY vs. MAGS - Drawdown Comparison

The maximum WPAY drawdown since its inception was -26.17%, smaller than the maximum MAGS drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for WPAY and MAGS.

Drawdown Indicators

	WPAY	MAGS	Difference
Max Drawdown Largest peak-to-trough decline	-26.17%	-29.91%	+3.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.62%	—
Current Drawdown Current decline from peak	-25.35%	-13.78%	-11.57%
Average Drawdown Average peak-to-trough decline	-11.92%	-4.77%	-7.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.36%	—

Volatility

Volatility by Period

	WPAY	MAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.83%	28.70%	+0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.83%	26.28%	+2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.83%	26.28%	+2.55%