MAGG vs NJNK
Madison Aggregate Bond ETF vs Columbia US High Yield ETF
Which is better, MAGG or NJNK?
NJNK has been ahead.
MAGG has a lower expense ratio. NJNK led over 1Y and 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 | MAGG | NJNK |
|---|---|---|
| Expense Ratio | 0.36%Best | 0.46% |
| AUM | $63M | $40M |
| Dividend Yield | 5.05% | 6.59% |
| Holdings | 406 | 934 |
| YTD Return | -2.52% | -0.47%Best |
| 1Y Return | -1.91% | +1.64%Best |
| 3Y Return (annualized) | +4.51% | - |
| Volatility (annualized) | 4.3% | 3.8%Best |
| Max Drawdown | -5.1% | -4.5%Best |
| $10,000 over 2.1 years | $10,205 | $10,865Best |
| Fund Family | Madison Funds | Columbia Threadneedle Investments |
| Category | Fixed Income | Fixed Income |
| Style | Investment Grade Bond | Investment Grade Bond |
| Inception | Aug 28, 2023 | Sep 5, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 5, 2024 to Oct 14, 2026 (2.1 years).
MAGG vs NJNK 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 2.1 years both funds cover.
MAGG vs NJNK Performance
Madison Aggregate Bond ETF (MAGG) is an ETF from Madison Funds and Columbia US High Yield ETF (NJNK) is an ETF from Columbia Threadneedle Investments. Over the past year MAGG returned -1.91% while NJNK returned +1.64%. Year to date, MAGG is down 2.52% versus a loss of 0.47% for NJNK.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAGG has been the more volatile fund, with annualized monthly volatility of 4.3% compared with 3.8% for NJNK. 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 -5.1% for MAGG and -4.5% for NJNK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MAGG charges 0.36% per year while NJNK charges 0.46%. On a $10,000 position that is $36 vs $46 annually, a gap of $10 per year that compounds over a long holding period. On income, MAGG currently yields 5.05% against 6.59% for NJNK.
Holdings Overlap
We hold position weights for 126 holdings in MAGG and 358 in NJNK, totalling 67.4% and 74.6% 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 126 positions we hold weights for in MAGG and 358 in NJNK, against full books of 406 and 934.
You are not choosing between two funds in isolation.
Whichever of MAGG and NJNK 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, MAGG or NJNK?
MAGG has an expense ratio of 0.36% while NJNK charges 0.46%. MAGG is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, MAGG or NJNK?
Over the past year MAGG returned -1.91% vs +1.64% for NJNK, so NJNK leads on 1-year performance. Over the longest common window we track (2 years), MAGG annualized +0.97% vs +4.03% for NJNK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAGG or NJNK?
MAGG has been the more volatile fund at 4.3% annualized versus 3.8% for NJNK. Worst drawdown: MAGG -5.1% vs NJNK -4.5%.
Should I hold both MAGG and NJNK?
MAGG and NJNK have a monthly-return correlation of 0.70, 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, MAGG or NJNK?
MAGG yields 5.05% while NJNK yields 6.59%, so NJNK currently pays the higher dividend yield.
Is NJNK better than MAGG?
MAGG has a lower expense ratio. NJNK led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.