IVV vs MAGS
iShares Core S&P 500 ETF vs Roundhill Magnificent Seven ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | MAGS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.30% | |
| AUM | $907.0B | $4.4B | |
| Dividend Yield | 1.10% | 1.48% | |
| Holdings | 508 | 25 | |
| YTD Return | +13.22% | +3.53% | |
| 1Y Return | +21.62% | +14.02% | |
| 3Y Return (annualized) | +22.17% | +32.08% | |
| 5Y Return (annualized) | +13.42% | - | |
| Volatility (annualized) | 15.1% | 21.6% | |
| Max Drawdown | -56.5% | -29.4% | |
| Fund Family | iShares by BlackRock (US) | Roundhill Investments | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 11, 2023 |
IVV vs MAGS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Roundhill Magnificent Seven ETF (MAGS) is a ETF from Roundhill Investments. Over the past year IVV returned +21.62% while MAGS returned +14.02%. Year to date, IVV is up 13.22% versus a gain of 3.53% for MAGS.
Over three years, IVV compounded at +22.17% per year against +32.08% for MAGS. Across the full 3-year window we track, MAGS has the edge at +36.21% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAGS has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -29.4% for MAGS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while MAGS charges 0.30%. On a $10,000 position that is $3 vs $30 annually, a gap of $27 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.48% for MAGS.
Holdings Overlap
IVV and MAGS share 7 holdings out of 507 unique holdings combined, representing a 20.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or MAGS?
IVV has an expense ratio of 0.03% while MAGS charges 0.30%. IVV is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, IVV or MAGS?
Over the past year IVV returned +21.62% vs +14.02% for MAGS, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.02% vs +36.21% for MAGS. Past performance does not guarantee future results.
Which is riskier, IVV or MAGS?
MAGS has been the more volatile fund at 21.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MAGS -29.4%.
Should I hold both IVV and MAGS?
IVV and MAGS have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and MAGS?
IVV and MAGS share 7 common holdings with a 20.5% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or MAGS?
IVV yields 1.10% while MAGS yields 1.48%, so MAGS currently pays the higher dividend yield.
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