IVV vs MAGX
iShares Core S&P 500 ETF vs Roundhill Daily 2X Long Magnificent Seven ETF
Which is better, IVV or MAGX?
Large Cap Blend against Trading-Leveraged Equity.
IVV has a lower expense ratio. IVV led over 1Y, MAGX over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | MAGX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $876.4B | $62M |
| Dividend Yield | 1.06% | 1.48% |
| Holdings | 508 | 6 |
| YTD Return | +12.39%Best | +6.76% |
| 1Y Return | +16.61%Best | +7.12% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.0%Best | 43.4% |
| Max Drawdown | -18.8%Best | -54.2% |
| $10,000 over 2.6 years | $15,640 | $23,723Best |
| Fund Family | iShares by BlackRock (US) | Roundhill Investments |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Feb 29, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 29, 2024 to Sep 18, 2026 (2.6 years).
IVV vs MAGX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
IVV vs MAGX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is an ETF from Roundhill Investments. Over the past year IVV returned +16.61% while MAGX returned +7.12%. Year to date, IVV is up 12.39% versus a gain of 6.76% for MAGX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAGX has been the more volatile fund, with annualized monthly volatility of 43.4% compared with 12.0% 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 -18.8% for IVV and -54.2% for MAGX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while MAGX charges 0.95%. On a $10,000 position that is $3 vs $95 annually, a gap of $92 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.48% for MAGX.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 2 in MAGX, totalling 99.3% and 36.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 2 in MAGX, against full books of 508 and 6.
You are not choosing between two funds in isolation.
Whichever of IVV and MAGX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or MAGX?
IVV has an expense ratio of 0.03% while MAGX charges 0.95%. IVV is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, IVV or MAGX?
Over the past year IVV returned +16.61% vs +7.12% for MAGX, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MAGX?
MAGX has been the more volatile fund at 43.4% annualized versus 12.0% for IVV. Worst drawdown: IVV -18.8% vs MAGX -54.2%.
Should I hold both IVV and MAGX?
IVV and MAGX have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or MAGX?
IVV yields 1.06% while MAGX yields 1.48%, so MAGX currently pays the higher dividend yield.
Is MAGX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, MAGX over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.