MAGX vs VOO
Roundhill Daily 2X Long Magnificent Seven ETF vs Vanguard S&P 500 ETF
Which is better, MAGX or VOO?
Trading-Leveraged Equity against Large Cap Blend.
VOO has a lower expense ratio. MAGX led over the full window, VOO over 1Y.
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 | MAGX | VOO |
|---|---|---|
| Expense Ratio | 0.95% | 0.03%Best |
| AUM | $62M | $997.4B |
| Dividend Yield | 1.48% | 1.04% |
| Holdings | 6 | 509 |
| YTD Return | +13.33% | +13.82%Best |
| 1Y Return | +15.07% | +18.56%Best |
| 3Y Return (annualized) | - | +23.49% |
| 5Y Return (annualized) | - | +13.34% |
| Volatility (annualized) | 43.6% | 11.9%Best |
| Max Drawdown | -54.2% | -18.7%Best |
| $10,000 over 2.6 years | $25,041Best | $15,788 |
| Fund Family | Roundhill Investments | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Feb 29, 2024 | Sep 7, 2010 |
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 25, 2026 (2.6 years).
MAGX vs VOO 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.
MAGX vs VOO Performance
Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is an ETF from Roundhill Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MAGX returned +15.07% while VOO returned +18.56%. Year to date, MAGX is up 13.33% versus a gain of 13.82% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAGX has been the more volatile fund, with annualized monthly volatility of 43.6% compared with 11.9% 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 -54.2% for MAGX and -18.7% for VOO. 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
MAGX charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, MAGX currently yields 1.48% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 2 holdings in MAGX and 494 in VOO, totalling 36.3% and 99.5% 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 2 positions we hold weights for in MAGX and 494 in VOO, against full books of 6 and 509.
You are not choosing between two funds in isolation.
Whichever of MAGX and VOO 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, MAGX or VOO?
MAGX has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, MAGX or VOO?
Over the past year MAGX returned +15.07% vs +18.56% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAGX or VOO?
MAGX has been the more volatile fund at 43.6% annualized versus 11.9% for VOO. Worst drawdown: MAGX -54.2% vs VOO -18.7%.
Should I hold both MAGX and VOO?
MAGX and VOO 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, MAGX or VOO?
MAGX yields 1.48% while VOO yields 1.04%, so MAGX currently pays the higher dividend yield.
Is VOO better than MAGX?
VOO has a lower expense ratio. MAGX led over the full window, VOO over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.