MAGS vs VOO
Roundhill 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 509 holdings.
Side-by-Side Comparison
| Metric | MAGS | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.03% | |
| AUM | $4.4B | $997.4B | |
| Dividend Yield | 1.48% | 1.08% | |
| Holdings | 25 | 509 | |
| YTD Return | +2.13% | +12.95% | |
| 1Y Return | +10.64% | +20.69% | |
| 3Y Return (annualized) | +31.51% | +22.09% | |
| 5Y Return (annualized) | - | +13.40% | |
| Volatility (annualized) | 21.6% | 14.1% | |
| Max Drawdown | -29.4% | -34.3% | |
| Fund Family | Roundhill Investments | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 11, 2023 | Sep 7, 2010 |
MAGS vs VOO Performance
Roundhill Magnificent Seven ETF (MAGS) is a ETF from Roundhill Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MAGS returned +10.64% while VOO returned +20.69%. Year to date, MAGS is up 2.13% versus a gain of 12.95% for VOO.
Over three years, MAGS compounded at +31.51% per year against +22.09% for VOO. Across the full 3-year window we track, MAGS has the edge at +35.69% annualized vs +13.50%. 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 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 -29.4% for MAGS 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MAGS charges 0.30% per year while VOO charges 0.03%. On a $10,000 position that is $30 vs $3 annually, a gap of $27 per year that compounds over a long holding period. On income, MAGS currently yields 1.48% against 1.08% for VOO.
Holdings Overlap
MAGS and VOO share 7 holdings out of 507 unique holdings combined, representing a 20.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MAGS or VOO?
MAGS has an expense ratio of 0.30% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, MAGS or VOO?
Over the past year MAGS returned +10.64% vs +20.69% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), MAGS annualized +35.69% vs +13.50% for VOO. Past performance does not guarantee future results.
Which is riskier, MAGS or VOO?
MAGS has been the more volatile fund at 21.6% annualized versus 14.1% for VOO. Worst drawdown: MAGS -29.4% vs VOO -34.3%.
Should I hold both MAGS and VOO?
MAGS and VOO 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 MAGS and VOO?
MAGS and VOO share 7 common holdings with a 20.2% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, MAGS or VOO?
MAGS yields 1.48% while VOO yields 1.08%, so MAGS currently pays the higher dividend yield.
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