Data as of Oct 28, 2026.
HYG vs MAGS: Differences, Returns & Fees
Over the year to Oct 28, 2026, HYG returned +1.3% to MAGS's +5.8%; 0% of their weight is in the same names.
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Net assets: $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF, and $5.5bn on Oct 28, 2026 for Roundhill Magnificent Seven ETF.
Pair scorecard
MAGS costs 0.19 points a year less; their one-year returns differ by 4.5 points; HYG is 3.2 times larger.
| Measure | HYG | MAGS |
|---|---|---|
| Return | ||
| Total return, 1 year | +1.3% | +5.8% |
| Drawdown | ||
| Below its high | 4.1%, high on Oct 13, 2026 | |
| Benchmark | ||
| What it tracks | Markit iBoxx USD Liquid High Yield Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.49% | 0.30% |
| Net assets, as of Oct 27, 2026 | $17.5bn | $5.5bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 22% | |
| Top ten holdings, share of the fund | 29.3% | |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method
Risk and return
Apr 21, 2023 to Oct 23, 2026 · 183 weekly returnsMAGS returned more: +189.1% to +26.3%. HYG swung less: 4.8% to 24.0%. HYG fell less at its worst: −3.7% to −26.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | HYG | MAGS | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +26.3% | +189.1% | MAGS | Price change plus distributions, reinvested. |
| Annualized | +6.9% | +35.2% | MAGS | Total return as a yearly rate. |
| Price return | +2.7% | +181.4% | MAGS | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 4.8% | 24.0% | HYG | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 3.0% | 14.5% | HYG | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −3.7% | −26.6% | HYG | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.45 | 1.19 | MAGS | Return above Treasury bills per unit of volatility. |
| Sortino | 0.72 | 1.97 | MAGS | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.87 | 1.33 | HYG | 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, HYG and MAGS hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
HYG and MAGS on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: the two funds' holdings are dated 119 days apart.
HYG
HYG tracks an index of US high yield bonds. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.49% a year.
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, HYG or MAGS?
- In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and MAGS +5.8%.
- Which is cheaper, HYG or MAGS?
- MAGS is cheaper, by 0.19 percentage points a year. That is about $19 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, HYG against MAGS, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-mags
ETFIQ. (Oct 28, 2026). HYG against MAGS. Retrieved from https://etfiq.com/compare/any/hyg-vs-mags
[HYG against MAGS (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/hyg-vs-mags)
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