MAGS vs XDTE
Roundhill Magnificent Seven ETF vs Roundhill S&P 500 0DTE Covered Call Strategy ETF
Which is better, MAGS or XDTE?
MAGS has been ahead.
MAGS has a lower expense ratio. MAGS 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 | MAGS | XDTE |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.97% |
| AUM | $5.8B | $334M |
| Dividend Yield | 1.36% | 30.86% |
| Holdings | 25 | 10 |
| YTD Return | +11.51%Best | +1.45% |
| 1Y Return | +14.81%Best | +6.49% |
| 3Y Return (annualized) | +33.70% | - |
| Volatility (annualized) | 21.6% | 12.3%Best |
| Max Drawdown | -29.4% | -16.7%Best |
| $10,000 over 2.6 years | $19,011Best | $14,548 |
| Fund Family | Roundhill Investments | Roundhill Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 11, 2023 | Mar 7, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 14, 2026 (2.6 years).
MAGS vs XDTE 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.
MAGS vs XDTE Performance
Roundhill Magnificent Seven ETF (MAGS) is an ETF from Roundhill Investments and Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is an ETF from Roundhill Investments. Over the past year MAGS returned +14.81% while XDTE returned +6.49%. Year to date, MAGS is up 11.51% versus a gain of 1.45% for XDTE.
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 12.3% for XDTE. 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 -16.7% for XDTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MAGS charges 0.30% per year while XDTE charges 0.97%. On a $10,000 position that is $30 vs $97 annually, a gap of $67 per year that compounds over a long holding period. On income, MAGS currently yields 1.36% against 30.86% for XDTE.
Holdings Overlap
We hold position weights for 9 holdings in MAGS and 1 in XDTE, totalling 43.8% and 1.8% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 9 positions we hold weights for in MAGS and 1 in XDTE, against full books of 25 and 10.
Top Shared Holdings
| Stock | Weight in MAGS | Weight in XDTE | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 6.04% | 1.83% | 4.21% |
You are not choosing between two funds in isolation.
Whichever of MAGS and XDTE 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, MAGS or XDTE?
MAGS has an expense ratio of 0.30% while XDTE charges 0.97%. MAGS is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, MAGS or XDTE?
Over the past year MAGS returned +14.81% vs +6.49% for XDTE, so MAGS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAGS or XDTE?
MAGS has been the more volatile fund at 21.6% annualized versus 12.3% for XDTE. Worst drawdown: MAGS -29.4% vs XDTE -16.7%.
Should I hold both MAGS and XDTE?
MAGS and XDTE have a monthly-return correlation of 0.74, 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, MAGS or XDTE?
MAGS yields 1.36% while XDTE yields 30.86%, so XDTE currently pays the higher dividend yield.
Is XDTE better than MAGS?
MAGS has a lower expense ratio. MAGS 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.