MAGO vs MRNX

Comparison between Tuttle Capital Magnificent 7 Income Blast ETF (MAGO, ETF) and DEFIANCE DAILY TARGET 2X ETF (MRNX, ETF).

MAGO vs MRNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MAGO(ETF)	MRNX(ETF)
Net Assets	$2.20M	$2.30M
Expense Ratio	0.99%	N/A
Max Drawdown	21.15%	45.00%
Sharpe Ratio	-0.42	0.81
5Y Beta	1.41	4.11

Net Assets

MAGO

$2.20M

Winner

MRNX

$2.30M

Expense Ratio

MAGO

0.99%

MRNX

N/A

Max Drawdown

Winner

MAGO

21.15%

MRNX

45.00%

Sharpe Ratio

MAGO

-0.42

Winner

MRNX

0.81

5Y Beta

Winner

MAGO

1.41

MRNX

4.11

MAGO vs MRNX - Historical Returns

Returns include dividend reinvestment.

Period	MAGO	MRNX
1 month	-4.90%	+8.34%
3 months	+9.30%	-15.89%
6 months	-0.67%	N/A
Max(CAGR)	-1.45%	+73.29%

MAGO

-4.90%

Winner

MRNX

+8.34%

Winner

MAGO

+9.30%

MRNX

-15.89%

MAGO

-0.67%

MRNX

N/A

Max(CAGR)

MAGO

-1.45%

Winner

MRNX

+73.29%

MAGO vs MRNX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	MAGO	MRNX
2026	+0.95%	+21.80%
2025	-0.60%	N/A

MAGO vs MRNX Drawdown Comparison

The maximum drawdown for MAGO was -17.96%, occurring on Mar 30, 2026. Recovery took 87 trading sessions.

The maximum drawdown for MRNX was -45.00%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current MAGO drawdown is -6.89%. The current MRNX drawdown is -30.00%.

Rank	MAGO	MRNX
#1	-17.96% Dec 30, 2025 - May 6, 2026	-45.00% Mar 4, 2026 - Jun 10, 2026
#2	-10.54% May 29, 2026 - Jun 10, 2026	-13.64% Feb 27, 2026 - Mar 4, 2026
#3	-3.58% May 14, 2026 - May 28, 2026	-12.79% Feb 4, 2026 - Feb 17, 2026
#4	-0.87% May 8, 2026 - May 13, 2026	N/A

Correlation

Correlation between MAGO and MRNX is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

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