Data as of Oct 28, 2026.
FDVV vs MAGS: Differences, Returns & Fees
Over the year to Oct 28, 2026, FDVV returned +13.5% to MAGS's +5.8%; 13% of their weight is in the same names.
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Net assets: $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF, and $5.5bn on Oct 28, 2026 for Roundhill Magnificent Seven ETF.
Pair scorecard
FDVV costs 0.15 points a year less; their one-year returns differ by 7.7 points.
| Measure | FDVV | MAGS |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.5% | +5.8% |
| Drawdown | ||
| Below its high | 4.1%, high on Oct 13, 2026 | |
| Benchmark | ||
| What it tracks | Fidelity High Dividend Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.15% | 0.30% |
| Net assets, FDVV as of Sep 30, 2026 and MAGS as of Oct 28, 2026 | $10.2bn | $5.5bn |
| Holdings | ||
| Holdings in common | 13% | |
| Top ten holdings, share of the fund | 33.8% | 29.3% |
Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method
Risk and return
Apr 21, 2023 to Oct 23, 2026 · 183 weekly returnsMAGS returned more: +189.1% to +78.5%. FDVV swung less: 12.1% to 24.0%. FDVV fell less at its worst: −13.2% to −26.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FDVV | MAGS | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +78.5% | +189.1% | MAGS | Price change plus distributions, reinvested. |
| Annualized | +17.9% | +35.2% | MAGS | Total return as a yearly rate. |
| Price return | +59.8% | +181.4% | MAGS | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 12.1% | 24.0% | FDVV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 8.1% | 14.5% | FDVV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −13.2% | −26.6% | FDVV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 1.04 | 1.19 | MAGS | Return above Treasury bills per unit of volatility. |
| Sortino | 1.56 | 1.97 | MAGS | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.36 | 1.33 | FDVV (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 183 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FDVV and MAGS hold 13% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
13% in common
Only in one fund ↓
Side by side
FDVV and MAGS on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FDVV and MAGS do different jobs. What does each one do in a portfolio?
- What each follows. FDVV follows Fidelity High Dividend Index and MAGS follows No index, actively managed.
- Holdings in common. 13% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 FDVV returned +13.5% and MAGS +5.8% with distributions reinvested, a gap of 7.7 points.
Data as of Oct 28, 2026.
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FDVV
FDVV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%.
MAGS
MAGS is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +5.8% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 8 positions, with the top ten at 29.3%. It sat 4.1% below its high of Oct 13, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FDVV or MAGS?
- In the year to Oct 28, 2026, with distributions reinvested, FDVV returned +13.5% and MAGS +5.8%.
- Which is cheaper, FDVV or MAGS?
- FDVV is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, FDVV against MAGS, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdvv-vs-mags
ETFIQ. (Oct 28, 2026). FDVV against MAGS. Retrieved from https://etfiq.com/compare/any/fdvv-vs-mags
[FDVV against MAGS (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fdvv-vs-mags)
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