XXRP vs. MAGY

Last updated Jul 14, 2026

XXRP (Teucrium 2x Long Daily XRP ETF) and MAGY (Roundhill Magnificent Seven Covered Call ETF) are both exchange-traded funds - XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium, while MAGY is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, XXRP returned -94.66% vs 3.72% for MAGY. At a 0.41 correlation, their price movements are largely independent. XXRP charges 1.89%/yr vs 0.99%/yr for MAGY.

Performance

XXRP vs. MAGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Long Daily XRP ETF (XXRP) and Roundhill Magnificent Seven Covered Call ETF (MAGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XXRP achieves a -77.79% return, which is significantly lower than MAGY's -5.47% return.

XXRP

• 1D: -7.85%
• 1M: -15.48%
• 6M: -81.91%
• YTD: -77.79%
• 1Y: -94.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAGY

• 1D: -0.86%
• 1M: 0.71%
• 6M: -5.58%
• YTD: -5.47%
• 1Y: 3.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXRP vs. MAGY - Yearly Performance Comparison

	2026 (YTD)	2025
XXRP Teucrium 2x Long Daily XRP ETF	-77.79%	-68.11%
MAGY Roundhill Magnificent Seven Covered Call ETF	-5.47%	26.42%

Correlation

The correlation between XXRP and MAGY is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.41

Return for Risk

XXRP vs. MAGY — Risk / Return Rank

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

XXRP

XXRP Risk / Return Rank: 2
XXRP Sharpe Ratio Rank: 4
XXRP Sortino Ratio Rank: 1
XXRP Omega Ratio Rank: 1
XXRP Calmar Ratio Rank: 0
XXRP Martin Ratio Rank: 3

MAGY

MAGY Risk / Return Rank: 13
MAGY Sharpe Ratio Rank: 13
MAGY Sortino Ratio Rank: 12
MAGY Omega Ratio Rank: 13
MAGY Calmar Ratio Rank: 13
MAGY Martin Ratio Rank: 13

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.

XXRP vs. MAGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Long Daily XRP ETF (XXRP) 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.

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.

	XXRP	MAGY	Difference
Sharpe ratio: Return per unit of total volatility	-0.65	0.24	-0.89
Sortino ratio: Return per unit of downside risk	-1.82	0.41	-2.23
Omega ratio: Gain probability vs. loss probability	0.80	1.06	-0.25
Calmar ratio: Return relative to maximum drawdown	-0.98	0.26	-1.24
Martin ratio: Return relative to average drawdown	-1.22	0.74	-1.96

XXRP vs. MAGY - Sharpe Ratio Comparison

The current XXRP Sharpe Ratio is -0.65, which is lower than the MAGY Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of XXRP and MAGY, 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

XXRP vs. MAGY - Drawdown Comparison

The maximum XXRP drawdown since its inception was -96.66%, which is greater than MAGY's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for XXRP and MAGY.

Drawdown Indicators

	XXRP	MAGY	Difference
Max Drawdown Largest peak-to-trough decline	-96.66%	-14.29%	-82.37%
Max Drawdown (1Y) Largest decline over 1 year	-96.66%	-14.29%	-82.37%
Current Drawdown Current decline from peak	-96.49%	-7.53%	-88.96%
Average Drawdown Average peak-to-trough decline	-62.47%	-3.14%	-59.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	77.49%	5.05%	+72.44%

Volatility

XXRP vs. MAGY - Volatility Comparison

Teucrium 2x Long Daily XRP ETF (XXRP) has a higher volatility of 36.47% compared to Roundhill Magnificent Seven Covered Call ETF (MAGY) at 6.10%. This indicates that XXRP's price experiences larger fluctuations and is considered to be riskier than MAGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XXRP	MAGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.47%	6.10%	+30.37%
Volatility (6M) Calculated over the trailing 6-month period	104.04%	13.18%	+90.86%
Volatility (1Y) Calculated over the trailing 1-year period	146.52%	15.71%	+130.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.45%	15.53%	+129.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.45%	15.53%	+129.92%

XXRP vs. MAGY - Expense Ratio Comparison

XXRP has a 1.89% expense ratio, which is higher than MAGY's 0.99% expense ratio.

Dividends

XXRP vs. MAGY - Dividend Comparison

XXRP's dividend yield for the trailing twelve months is around 29.41%, less than MAGY's 38.95% yield.

Position	TTM	2025
MAGY Roundhill Magnificent Seven Covered Call ETF	38.95%	23.38%
XXRP Teucrium 2x Long Daily XRP ETF	29.41%	6.40%

Frequently Asked Questions

Can I hold both XXRP and MAGY in my portfolio?

XXRP and MAGY have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XXRP or MAGY?

XXRP has higher volatility (36.47%) compared to MAGY (6.10%). In terms of maximum drawdown, XXRP dropped -96.66% vs MAGY's -14.29%.

Which ETF is better, XXRP or MAGY?

On 1-year performance, MAGY leads with 3.72% vs -94.66% for XXRP. On fees, MAGY is cheaper at 0.99% per year. On volatility, MAGY has been the lower-risk option at 6.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XXRP or MAGY?

Over the 1-year period, MAGY has performed better with a 3.72% return vs -94.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XXRP or MAGY?

MAGY is cheaper with a 0.99% expense ratio, compared with 1.89% for XXRP.

Which ETF pays a higher dividend yield, XXRP or MAGY?

MAGY has the higher dividend yield at 38.95%, compared with 29.41% for XXRP.

What is the main difference between XXRP and MAGY?

XXRP is categorized as Leveraged Cryptocurrency, while MAGY is Derivative Income. They also come from different issuers: Teucrium and Roundhill. Their fees differ too: 1.89% for XXRP and 0.99% for MAGY.

Which has better risk-adjusted returns?

MAGY currently has the higher Sharpe Ratio (0.24 vs -0.65), 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.