VS

Correlation: 94%

What is MAGS?

MAGS was created on 2023-04-11 by Roundhill. The fund's investment portfolio concentrates primarily on theme equity. MAGS is an actively managed fund that offers highly concentrated exposure to the largest and most liquid leading technology stocks. The fund invests primarily through swaps and forwards.

What is QQQM?

QQQM was created on 2020-10-13 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. QQQM is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks", excluding financials.

Key Details

MAGS
QQQM
Website
www.roundhillinvestments.com
www.invesco.com
Inception Date

Apr 11, 2023

Oct 13, 2020

Asset Class

Equity

Equity

Investment Segment

Theme

Large Cap

AUM
$1.58B
$36.07B
Dividend Yield
1.07%
0.73%
Expense Ratio
0.29%
0.15%
Return 1Y
2.95%
-4.39%

Holdings

Roundhill Magnificent Seven ETF - MAGS is made up of 9 holdings. Traded Fund Trust II Invesco NASDAQ 100 ETF - QQQM is made up of 103 holdings.

Name
Weight
7
7381396

NT United States Treasury Bills 0%

59.89%

M
METAMeta Platforms, Inc.

5.94%

M
MSFTMicrosoft Corp.

5.33%

N
NVDANVIDIA Corp.

5.1%

A
AMZNAmazon.com, Inc.

4.96%

A
AAPLApple, Inc.

4.86%

G
GOOGLAlphabet, Inc.

4.8%

T
TSLATesla, Inc.

1.72%

F
FGXXX

NT First American Government Obligs X

1.42%

Name
Weight
A
AAPLApple, Inc.

8.47%

M
MSFTMicrosoft Corp.

8.27%

N
NVDANVIDIA Corp.

7.4%

A
AMZNAmazon.com, Inc.

5.77%

A
AVGOBroadcom Inc.

3.71%

M
METAMeta Platforms, Inc.

3.51%

C
COSTCostco Wholesale Corp.

3.08%

N
NFLXNetflix, Inc.

2.84%

G
GOOGLAlphabet, Inc.

2.66%

T
TSLATesla, Inc.

2.63%

G
GOOGAlphabet, Inc.

2.55%

T
TMUST-Mobile US, Inc.

2.15%

C
CSCOCisco Systems, Inc.

1.65%

L
LINLinde Plc

1.54%

P
PEPPepsiCo, Inc.

1.5%

P
PLTRPalantir Technologies, Inc.

1.34%

I
ISRGIntuitive Surgical, Inc.

1.26%

A
AMGNAmgen, Inc.

1.19%

I
INTUIntuit, Inc.

1.19%

A
ADBEAdobe, Inc.

1.13%

Q
QCOMQUALCOMM, Inc.

1.1%

T
TXNTexas Instruments Incorporated

1.07%

B
BKNGBooking Holdings, Inc.

1.06%

A
AMDAdvanced Micro Devices, Inc.

1.04%

G
GILDGilead Sciences, Inc.

1%

C
CMCSAComcast Corp.

0.96%

H
HONHoneywell International, Inc.

0.93%

V
VRTXVertex Pharmaceuticals, Inc.

0.93%

A
ADPAutomatic Data Processing, Inc.

0.87%

A
AMATApplied Materials, Inc.

0.83%

Strategies that include

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Stock Correlation

The stocks that are correlated to MAGS - Roundhill Magnificent Seven ETF are AMZN, MSFT, TSLA, GOOG, GOOGL

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
A
AMZNAmazon.com, Inc.
78.68%$1.81T-8.08%0.00%
M
MSFTMicrosoft Corp.
76.17%$2.64T-16.82%0.89%
T
TSLATesla, Inc.
74.30%$713.62B+25.43%0.00%
G
GOOGAlphabet, Inc.
73.24%$1.79T-7.31%0.55%
G
GOOGLAlphabet, Inc.
72.71%$1.76T-7.60%0.55%
N
NVDANVIDIA Corp.
72.35%$2.35T+12.82%0.04%
M
METAMeta Platforms, Inc.
70.25%$1.29T-1.25%0.40%
Q
QCOMQUALCOMM, Inc.
68.20%$137.87B-29.00%2.70%
S
SNPSSynopsys, Inc.
67.86%$59.00B-32.94%0.00%
A
APHAmphenol Corp.
67.00%$72.79B+4.49%1.01%
L
LRCXLam Research Corp.
66.05%$77.34B-38.10%7.81%
M
MKSIMKS Instruments, Inc.
65.64%$3.96B-54.59%1.50%
R
RMBSRambus, Inc.
65.08%$4.61B-30.24%0.00%
A
ARMArm Holdings Plc
64.99%$90.45B-32.32%0.00%
K
KLACKLA Corp.
64.93%$79.67B-13.97%1.04%
M
MTSIMACOM Technology Solutions Holdings, Inc.
64.86%$6.52B-14.73%0.00%
E
ETNEaton Corp. Plc
64.73%$98.53B-19.87%1.54%
A
ANSSANSYS, Inc.
64.52%$24.97B-17.32%0.00%
E
ENTGEntegris, Inc.
64.49%$9.52B-54.78%0.62%
C
CDNSCadence Design Systems, Inc.
64.40%$63.54B-25.62%0.00%

The stocks that are correlated to QQQM - Traded Fund Trust II Invesco NASDAQ 100 ETF are LRCX, SNPS, QCOM, MKSI, KLAC

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
L
LRCXLam Research Corp.
77.07%$77.34B-38.10%7.81%
S
SNPSSynopsys, Inc.
76.82%$59.00B-32.94%0.00%
Q
QCOMQUALCOMM, Inc.
76.79%$137.87B-29.00%2.70%
M
MKSIMKS Instruments, Inc.
76.25%$3.96B-54.59%1.50%
K
KLACKLA Corp.
76.22%$79.67B-13.97%1.04%
N
NVDANVIDIA Corp.
75.47%$2.35T+12.82%0.04%
A
AMATApplied Materials, Inc.
75.26%$104.77B-38.71%1.23%
A
AMZNAmazon.com, Inc.
75.24%$1.81T-8.08%0.00%
M
MSFTMicrosoft Corp.
75.01%$2.64T-16.82%0.89%
E
ENTGEntegris, Inc.
74.88%$9.52B-54.78%0.62%
A
APHAmphenol Corp.
74.74%$72.79B+4.49%1.01%
A
ANSSANSYS, Inc.
74.16%$24.97B-17.32%0.00%
R
RMBSRambus, Inc.
74.08%$4.61B-30.24%0.00%
C
CDNSCadence Design Systems, Inc.
72.95%$63.54B-25.62%0.00%
A
AEISAdvanced Energy Industries, Inc.
72.75%$3.02B-20.43%0.50%
E
ETNEaton Corp. Plc
72.29%$98.53B-19.87%1.54%
M
MTSIMACOM Technology Solutions Holdings, Inc.
72.21%$6.52B-14.73%0.00%
A
ASXASE Technology Holding Co., Ltd.
72.15%$16.11B-33.21%4.51%
A
ARMArm Holdings Plc
71.95%$90.45B-32.32%0.00%
M
MRVLMarvell Technology, Inc.
71.42%$43.33B-31.78%0.48%

ETF Correlation

The ETFs that are correlated to MAGS - Roundhill Magnificent Seven ETF are YMAG, IWY, MGK, VUG, IWF

Name
Correlation
AUM
Expense Ratio
Y
YMAGYieldMax Magnificent 7 Fund of Option Income ETFs
96.83%$270.94M1.12%
I
IWYiShares Russell Top 200 Growth ETF
95.60%$10.62B0.2%
M
MGKVanguard Mega Cap Growth ETF
95.44%$20.27B0.07%
V
VUGVanguard Growth ETF
95.18%$131.35B0.04%
I
IWFiShares Russell 1000 Growth ETF
95.11%$86.76B0.19%
V
VONGVanguard Russell 1000 Growth Index ETF
95.07%$22.19B0.07%
S
SCHGSchwab U.S. Large Cap Growth ETF
95.04%$31.70B0.04%
Q
QGRWWisdomTree U.S. Quality Growth Fund
94.89%$788.05M0.28%
O
ONEQFidelity Nasdaq Composite Index ETF
94.86%$6.08B0.21%
T
TCHPT. Rowe Price Blue Chip Growth ETF
94.65%$961.76M0.57%
I
ILCGiShares Morningstar Growth ETF
94.49%$1.99B0.04%
S
SPYGSPDR Portfolio S&P 500 Growth ETF
94.37%$27.35B0.04%
I
IVWiShares S&P 500 Growth ETF
94.36%$45.72B0.18%
X
XLGInvesco S&P 500 Top 50 ETF
94.35%$7.15B0.2%
T
TMFCMotley Fool 100 Index ETF
94.29%$1.06B0.5%
V
VOOGVanguard S&P 500 Growth ETF
94.24%$13.13B0.07%
I
IUSGiShares Core S&P U.S.Growth ETF
94.12%$17.68B0.04%
Q
QQQMTraded Fund Trust II Invesco NASDAQ 100 ETF
94.04%$36.07B0.15%
Q
QQQInvesco QQQ Trust Series 1
94.03%$265.01B0.2%
S
SPUSSP Funds S&P 500 Sharia Industry Exclusions ETF
93.38%$996.42M0.45%

The ETFs that are correlated to QQQM - Traded Fund Trust II Invesco NASDAQ 100 ETF are QQQ, VONG, QGRW, IWF, ONEQ

Name
Correlation
AUM
Expense Ratio
Q
QQQInvesco QQQ Trust Series 1
99.98%$265.01B0.2%
V
VONGVanguard Russell 1000 Growth Index ETF
98.89%$22.19B0.07%
Q
QGRWWisdomTree U.S. Quality Growth Fund
98.87%$788.05M0.28%
I
IWFiShares Russell 1000 Growth ETF
98.85%$86.76B0.19%
O
ONEQFidelity Nasdaq Composite Index ETF
98.79%$6.08B0.21%
S
SCHGSchwab U.S. Large Cap Growth ETF
98.74%$31.70B0.04%
I
IVWiShares S&P 500 Growth ETF
98.71%$45.72B0.18%
S
SPYGSPDR Portfolio S&P 500 Growth ETF
98.71%$27.35B0.04%
I
IUSGiShares Core S&P U.S.Growth ETF
98.68%$17.68B0.04%
I
ILCGiShares Morningstar Growth ETF
98.63%$1.99B0.04%
V
VOOGVanguard S&P 500 Growth ETF
98.61%$13.13B0.07%
I
IWYiShares Russell Top 200 Growth ETF
98.55%$10.62B0.2%
V
VUGVanguard Growth ETF
98.52%$131.35B0.04%
M
MGKVanguard Mega Cap Growth ETF
98.39%$20.27B0.07%
S
SPUSSP Funds S&P 500 Sharia Industry Exclusions ETF
98.36%$996.42M0.45%
Q
QQQINEOS Nasdaq 100 High Income ETF
98.34%$1.09B0.68%
J
JGROTraded Fund Trust JPMorgan Active Growth ETF
98.18%$4.38B0.44%
I
IGMiShares Expanded Tech Sector ETF
98.16%$4.71B0.41%
Q
QDTERoundhill Innovation 100 0DTE Covered Call Strategy ETF
98.12%$621.90M0.95%
X
XLGInvesco S&P 500 Top 50 ETF
98.02%$7.15B0.2%

Holding Overlap

MAGS - Roundhill Magnificent Seven ETF and QQQM - Traded Fund Trust II Invesco NASDAQ 100 ETF have a 7 holding overlap. Which accounts for a 28.2% overlap.

Number of overlapping holdings

7

% of overlapping holdings

28.17%

Name
Weight in MAGS
Weight in QQQM
M
METAMeta Platforms Inc - Ordinary Shares - Class A
5.94%3.51%
M
MSFTMicrosoft Corporation
5.33%8.27%
N
NVDANVIDIA Corp
5.10%7.40%
A
AMZNAmazon.com Inc.
4.96%5.77%
A
AAPLApple Inc
4.86%8.47%
G
GOOGLAlphabet Inc - Ordinary Shares - Class A
4.80%2.66%
T
TSLATesla Inc
1.72%2.63%

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