MAGC vs VOO
Roundhill China Magnificent Seven ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MAGC | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.03% | |
| AUM | $14M | $979.0B | |
| Dividend Yield | 5.74% | 1.09% | |
| Holdings | 17 | 509 | |
| YTD Return | -19.90% | +13.72% | |
| 1Y Return | -22.26% | +21.63% | |
| 3Y Return (annualized) | - | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 28.2% | 14.1% | |
| Max Drawdown | -44.3% | -34.3% | |
| Fund Family | Roundhill Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 3, 2024 | Sep 7, 2010 |
MAGC vs VOO Performance
Roundhill China Magnificent Seven ETF (MAGC) is a ETF from Roundhill Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MAGC returned -22.26% while VOO returned +21.63%. Year to date, MAGC is down 19.90% versus a gain of 13.72% for VOO.
Risk: Volatility and Drawdowns
MAGC has been the more volatile fund, with annualized monthly volatility of 28.2% compared with 14.1% for VOO. 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 -44.3% for MAGC and -34.3% for VOO. 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 -0.04. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MAGC charges 0.59% per year while VOO charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, MAGC currently yields 5.74% against 1.09% for VOO.
Holdings Overlap
MAGC and VOO share 0 holdings out of 513 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MAGC or VOO?
MAGC has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, MAGC or VOO?
Over the past year MAGC returned -22.26% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), MAGC annualized -11.90% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, MAGC or VOO?
MAGC has been the more volatile fund at 28.2% annualized versus 14.1% for VOO. Worst drawdown: MAGC -44.3% vs VOO -34.3%.
Should I hold both MAGC and VOO?
MAGC and VOO have a monthly-return correlation of -0.04, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MAGC and VOO?
MAGC and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, MAGC or VOO?
MAGC yields 5.74% while VOO yields 1.09%, so MAGC currently pays the higher dividend yield.
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