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^SPLRCT vs. MAGS
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^SPLRCT and MAGS is 0.80, 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.

^SPLRCT vs. MAGS

Last updated Jun 1, 2025

Compare and contrast key facts about S&P 500 Information Technology Index (^SPLRCT) and Roundhill Magnificent Seven ETF (MAGS).

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: ^SPLRCT or MAGS.

Performance

^SPLRCT vs. MAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 500 Information Technology Index (^SPLRCT) and Roundhill Magnificent Seven ETF (MAGS). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

^SPLRCT:

0.45

MAGS:

0.81

Sortino Ratio

^SPLRCT:

0.70

MAGS:

1.24

Omega Ratio

^SPLRCT:

1.09

MAGS:

1.16

Calmar Ratio

^SPLRCT:

0.40

MAGS:

0.84

Martin Ratio

^SPLRCT:

1.24

MAGS:

2.27

Ulcer Index

^SPLRCT:

8.66%

MAGS:

11.02%

Daily Std Dev

^SPLRCT:

31.11%

MAGS:

34.05%

Max Drawdown

^SPLRCT:

-82.51%

MAGS:

-29.91%

Current Drawdown

^SPLRCT:

-5.36%

MAGS:

-9.41%

Returns By Period

In the year-to-date period, ^SPLRCT achieves a -1.85% return, which is significantly higher than MAGS's -3.80% return.

^SPLRCT

YTD

-1.85%

1M

8.39%

6M

-0.75%

1Y

13.90%

3Y*

22.64%

5Y*

21.36%

10Y*

20.11%

MAGS

YTD

-3.80%

1M

10.33%

6M

1.96%

1Y

27.51%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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S&P 500 Information Technology Index

Roundhill Magnificent Seven ETF

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

^SPLRCT vs. MAGS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
^SPLRCT
The Risk-Adjusted Performance Rank of ^SPLRCT is 4242
Overall Rank
The Sharpe Ratio Rank of ^SPLRCT is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of ^SPLRCT is 3939
Sortino Ratio Rank
The Omega Ratio Rank of ^SPLRCT is 3939
Omega Ratio Rank
The Calmar Ratio Rank of ^SPLRCT is 4747
Calmar Ratio Rank
The Martin Ratio Rank of ^SPLRCT is 4343
Martin Ratio Rank
MAGS
The Risk-Adjusted Performance Rank of MAGS is 6767
Overall Rank
The Sharpe Ratio Rank of MAGS is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of MAGS is 7070
Sortino Ratio Rank
The Omega Ratio Rank of MAGS is 6565
Omega Ratio Rank
The Calmar Ratio Rank of MAGS is 7474
Calmar Ratio Rank
The Martin Ratio Rank of MAGS is 5858
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

^SPLRCT vs. MAGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 500 Information Technology Index (^SPLRCT) 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.

The current ^SPLRCT Sharpe Ratio is 0.45, which is lower than the MAGS Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of ^SPLRCT and MAGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

^SPLRCT vs. MAGS - Drawdown Comparison

The maximum ^SPLRCT drawdown since its inception was -82.51%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for ^SPLRCT and MAGS.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

^SPLRCT vs. MAGS - Volatility Comparison

The current volatility for S&P 500 Information Technology Index (^SPLRCT) is 6.69%, while Roundhill Magnificent Seven ETF (MAGS) has a volatility of 8.41%. This indicates that ^SPLRCT 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.

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