Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
MAGS vs XLK: how they differ
MAGS and XLK hold 12% of their weight in the same names, and XLK returned more over the year.
Roundhill Magnificent Seven ETF and State Street(R) Technology Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, MAGS and XLK hold 12% of their money in the same securities at the same weight.
| Holding | MAGS | XLK |
|---|---|---|
| NVIDIA Corp | 4.15% | 14.31% |
| Apple Inc | 4.12% | 12.98% |
| Microsoft Corp | 3.62% | 9.90% |
| Only in MAGS | Only in XLK |
|---|---|
| TREASURY BILL 65.41% | BROADCOM INC 4.62% |
| Roundhill Ultra Short Duration 8.06% | ADVANCED MICRO DEVICES 4.23% |
| Amazon.com Inc 4.11% | MICRON TECHNOLOGY INC 4.11% |
| Tesla Inc 4.07% | INTEL CORP 3.27% |
| Meta Platforms Inc 3.59% | CISCO SYSTEMS INC 2.80% |
| Alphabet Inc 2.89% | PALANTIR TECHNOLOGIES INC A 2.52% |
| LAM RESEARCH CORP 2.46% | |
| APPLIED MATERIALS INC 2.38% |
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 Sep 10, 2026.
| MAGS Roundhill Magnificent Seven ETF | XLK State Street(R) Technology Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Roundhill | State Street |
| What it is | Magnificent Seven | Technology |
| Total return, 1 year | +14.4% | +39.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.1 pts | +21.7 pts |
| Expense ratio | 0.30% | 0.08% |
| Already in the S&P 500 | 26.5% | 100.0% |
| Holdings | 9 | 74 |
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%.
XLK in plain words
XLK is an index equity fund tracking the Technology. Over the year to Sep 11, 2026 it returned +39.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 74 positions, with the top ten at 61.2%. It sat 5.2% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, MAGS or XLK?
- In the year to Sep 13, 2026, with distributions reinvested, MAGS returned +14.4% and XLK returned +39.2%, so XLK returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MAGS or XLK?
- MAGS charges 0.30% a year and XLK charges 0.08%, so XLK is cheaper. Fees come from each fund's prospectus.
- How much do MAGS and XLK overlap with the S&P 500?
- By their latest filed holdings, 26% of MAGS and 100% of XLK by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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, MAGS against XLK, data as of Sep 13, 2026. https://etfiq.com/compare/any/mags-vs-xlk Free to use with attribution; the underlying files are at Open data.
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