Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FNDX vs MAGS: how they differ
FNDX and MAGS hold 13% of their weight in the same names, and FNDX returned more over the year.
Schwab Fundamental U.S. Large Company ETF and Roundhill Magnificent Seven ETF.
What they hold in common
By the books each fund has filed, FNDX and MAGS hold 13% of their money in the same securities at the same weight.
| Holding | FNDX | MAGS |
|---|---|---|
| Apple Inc | 4.64% | 4.12% |
| Alphabet Inc | 2.38% | 2.89% |
| Microsoft Corp | 2.33% | 3.62% |
| Amazon.com Inc | 1.86% | 4.11% |
| Meta Platforms Inc | 1.24% | 3.59% |
| NVIDIA Corp | 0.55% | 4.15% |
| Tesla Inc | 0.34% | 4.07% |
| Only in FNDX | Only in MAGS |
|---|---|
| Intel Corp 2.57% | TREASURY BILL 65.41% |
| Exxon Mobil Corp 2.29% | Roundhill Ultra Short Duration 8.06% |
| Alphabet Inc 1.90% | |
| Micron Technology Inc 1.60% | |
| Chevron Corp 1.49% | |
| Berkshire Hathaway Inc 1.41% | |
| JPMorgan Chase & Co 1.38% | |
| UnitedHealth Group Inc 1.37% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| FNDX Schwab Fundamental U.S. Large Company ETF | MAGS Roundhill Magnificent Seven ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Roundhill |
| What it is | Fundamental U.S. Large Company | Magnificent Seven |
| Total return, 1 year | +26.1% | +14.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +8.6 pts | −3.1 pts |
| Expense ratio | 0.25% | 0.30% |
| Already in the S&P 500 | 91.2% | 26.5% |
| Holdings | 733 | 9 |
FNDX in plain words
FNDX is an index equity fund tracking the Fundamental U.S. Large Company. Over the year to Sep 11, 2026 it returned +26.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 733 positions, with the top ten at 22.5%.
MAGS in plain words
MAGS is an index equity fund tracking the Magnificent Seven. Over the year to Sep 11, 2026 it returned +14.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 26% of the fund by weight is stocks the S&P 500 also holds, across 9 positions, with the top ten at 100.0%.
Questions people ask
- Which returned more over the last year, FNDX or MAGS?
- In the year to Sep 12, 2026, with distributions reinvested, FNDX returned +26.1% and MAGS returned +14.4%, so FNDX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FNDX or MAGS?
- FNDX charges 0.25% a year and MAGS charges 0.30%, so FNDX is cheaper. Fees come from each fund's prospectus.
- How much do FNDX and MAGS overlap with the S&P 500?
- By their latest filed holdings, 91% of FNDX and 26% of MAGS by weight is stocks the S&P 500 already holds. Between the two funds, 13% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FNDX against MAGS, data as of Sep 12, 2026. https://etfiq.com/compare/any/FNDX-MAGS Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources