OVB vs MAGX
Comparison between OVERLAY SHARES CORE BOND ETF (OVB, ETF) and ROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF (MAGX, ETF).
OVB vs MAGX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
OVB
$48M
MAGX
$48M
Expense Ratio
OVB
0.79%
MAGX
N/A
Max Drawdown
Winner
OVB
30.84%
MAGX
54.55%
Sharpe Ratio
OVB
0.20
Winner
MAGX
0.35
5Y Beta
Winner
OVB
0.17
MAGX
2.87
5Y Dividends CAGR
OVB
8.16%
MAGX
N/A
OVB vs MAGX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
OVB
-1.29%
MAGX
-1.34%
3M
Winner
OVB
-1.39%
MAGX
-9.30%
6M
Winner
OVB
+0.19%
MAGX
-13.27%
1Y
OVB
+5.26%
Winner
MAGX
+8.88%
5Y(CAGR)
OVB
-0.04%
MAGX
N/A
Max(CAGR)
OVB
+1.65%
Winner
MAGX
+32.03%
OVB vs MAGX - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | OVB | MAGX |
|---|---|---|
| 2026 | +0.75% | -12.80% |
| 2025 | +7.84% | +27.11% |
| 2024 | +4.54% | +81.17% |
| 2023 | +6.38% | N/A |
| 2022 | -16.27% | N/A |
| 2021 | +1.02% | N/A |
| 2020 | +9.12% | N/A |
| 2019 | +1.22% | N/A |
OVB vs MAGX Drawdown Comparison
The maximum drawdown for OVB was -21.69%, occurring on Oct 20, 2022. Recovery took 1106 trading sessions.
The maximum drawdown for MAGX was -54.18%, occurring on Apr 21, 2025. Recovery took 183 trading sessions.
The current OVB drawdown is -2.14%. The current MAGX drawdown is -22.42%.
| Rank | OVB | MAGX |
|---|---|---|
| #1 | -21.69% Sep 14, 2021 - Feb 10, 2026 | -54.18% Dec 17, 2024 - Sep 12, 2025 |
| #2 | -9.52% Mar 9, 2020 - Apr 29, 2020 | -37.23% Oct 29, 2025 - May 14, 2026 |
| #3 | -3.74% Aug 26, 2020 - Jul 2, 2021 | -34.50% Jul 10, 2024 - Nov 7, 2024 |
| #4 | -2.49% Feb 27, 2026 - Mar 27, 2026 | -26.43% May 14, 2026 - Jun 25, 2026 |
| #5 | -2.14% Feb 20, 2020 - Mar 4, 2020 | -17.49% Apr 11, 2024 - May 15, 2024 |
| #6 | -1.82% May 28, 2020 - Jun 23, 2020 | -9.26% Sep 22, 2025 - Oct 27, 2025 |
| #7 | -1.27% Jul 1, 2020 - Jul 22, 2020 | -6.93% Nov 11, 2024 - Dec 2, 2024 |
| #8 | -1.17% Aug 6, 2020 - Aug 26, 2020 | -5.89% Mar 7, 2024 - Mar 20, 2024 |
| #9 | -0.97% Oct 4, 2019 - Nov 18, 2019 | -5.39% Jun 17, 2024 - Jun 26, 2024 |
| #10 | -0.85% Aug 4, 2021 - Sep 9, 2021 | -5.05% Mar 22, 2024 - Apr 11, 2024 |
| #11 | -0.82% Jan 23, 2020 - Feb 10, 2020 | -5.01% Mar 1, 2024 - Mar 7, 2024 |
| #12 | -0.75% Apr 29, 2020 - May 19, 2020 | -4.35% May 28, 2024 - Jun 5, 2024 |
| #13 | -0.71% Nov 27, 2019 - Dec 30, 2019 | -2.18% Jun 27, 2024 - Jul 1, 2024 |
| #14 | -0.45% Jul 23, 2020 - Jul 30, 2020 | -2.11% Dec 11, 2024 - Dec 16, 2024 |
| #15 | -0.41% Jul 7, 2021 - Jul 15, 2021 | -1.56% Sep 16, 2025 - Sep 19, 2025 |
Correlation
Correlation between OVB and MAGX is 0.85 which considered as a strong positive correlation - the stocks tend to move together.
0.85
-101
Dividend Comparison (2019 - 2026)
OVB vs MAGX dividend yield comparison.
| Year | OVB | MAGX |
|---|---|---|
| 2026 | 2.98% | 0.00% |
| 2025 | 6.00% | 2.05% |
| 2024 | 5.81% | 0.86% |
| 2023 | 5.20% | 0.00% |
| 2022 | 4.67% | 0.00% |
| 2021 | 4.59% | 0.00% |
| 2020 | 3.88% | 0.00% |
| 2019 | 0.58% | 0.00% |
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