XMAG vs. MAGS
Compare and contrast key facts about Defiance Large Cap ex-Mag 7 ETF (XMAG) and Roundhill Magnificent Seven ETF (MAGS).
XMAG and MAGS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMAG is a passively managed fund by Defiance that tracks the performance of the BITA US 500 ex Magnificent 7 Index. It was launched on Oct 21, 2024. MAGS is an actively managed fund by Roundhill. It was launched on Apr 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XMAG or MAGS.
Correlation
The correlation between XMAG and MAGS is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XMAG vs. MAGS - Performance Comparison
Key characteristics
XMAG:
11.74%
MAGS:
25.92%
XMAG:
-6.06%
MAGS:
-18.10%
XMAG:
-2.24%
MAGS:
-7.23%
Returns By Period
In the year-to-date period, XMAG achieves a 4.49% return, which is significantly higher than MAGS's -1.49% return.
XMAG
4.49%
0.29%
N/A
N/A
N/A
N/A
MAGS
-1.49%
-5.01%
18.93%
41.63%
N/A
N/A
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XMAG vs. MAGS - Expense Ratio Comparison
XMAG has a 0.35% expense ratio, which is higher than MAGS's 0.29% expense ratio.
Risk-Adjusted Performance
XMAG vs. MAGS — Risk-Adjusted Performance Rank
XMAG
MAGS
XMAG vs. MAGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Large Cap ex-Mag 7 ETF (XMAG) 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.
Not enough dataDividends
XMAG vs. MAGS - Dividend Comparison
XMAG's dividend yield for the trailing twelve months is around 0.23%, less than MAGS's 0.82% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
XMAG Defiance Large Cap ex-Mag 7 ETF | 0.23% | 0.24% | 0.00% |
MAGS Roundhill Magnificent Seven ETF | 0.82% | 0.81% | 0.44% |
Drawdowns
XMAG vs. MAGS - Drawdown Comparison
The maximum XMAG drawdown since its inception was -6.06%, smaller than the maximum MAGS drawdown of -18.10%. Use the drawdown chart below to compare losses from any high point for XMAG and MAGS. For additional features, visit the drawdowns tool.
Volatility
XMAG vs. MAGS - Volatility Comparison
The current volatility for Defiance Large Cap ex-Mag 7 ETF (XMAG) is 2.83%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 6.75%. This indicates that XMAG experiences smaller price fluctuations and is considered to be less risky than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.