SQMX vs MAGX
Comparison between FT VEST U.S. EQUITY QUARTERLY MAX BUFFER ETF (SQMX, ETF) and ROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF (MAGX, ETF).
SQMX vs MAGX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SQMX
$48M
Winner
MAGX
$48M
Expense Ratio
SQMX
0.85%
MAGX
N/A
Max Drawdown
Winner
SQMX
7.40%
MAGX
54.55%
Sharpe Ratio
Winner
SQMX
0.89
MAGX
0.63
5Y Beta
Winner
SQMX
0.31
MAGX
2.88
SQMX vs MAGX - Historical Returns
Returns include dividend reinvestment.
1M
SQMX
+0.53%
Winner
MAGX
+7.70%
3M
SQMX
+1.57%
Winner
MAGX
+1.64%
6M
SQMX
+2.53%
Winner
MAGX
+3.74%
1Y
SQMX
+6.90%
Winner
MAGX
+23.05%
Max(CAGR)
SQMX
+7.05%
Winner
MAGX
+38.72%
SQMX vs MAGX - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | SQMX | MAGX |
|---|---|---|
| 2026 | +2.75% | -2.01% |
| 2025 | +8.65% | +27.11% |
| 2024 | -0.27% | +81.17% |
SQMX vs MAGX Drawdown Comparison
The maximum drawdown for SQMX was -7.40%, occurring on Apr 8, 2025. Recovery took 67 trading sessions.
The maximum drawdown for MAGX was -54.18%, occurring on Apr 21, 2025. Recovery took 183 trading sessions.
The current SQMX drawdown is -0.17%. The current MAGX drawdown is -12.82%.
| Rank | SQMX | MAGX |
|---|---|---|
| #1 | -7.40% Feb 19, 2025 - May 27, 2025 | -54.18% Dec 17, 2024 - Sep 12, 2025 |
| #2 | -2.04% Feb 25, 2026 - Apr 15, 2026 | -37.23% Oct 29, 2025 - May 14, 2026 |
| #3 | -1.33% Dec 11, 2025 - Dec 19, 2025 | -34.50% Jul 10, 2024 - Nov 7, 2024 |
| #4 | -1.24% Nov 12, 2025 - Nov 26, 2025 | -26.43% May 14, 2026 - Jun 25, 2026 |
| #5 | -0.88% Oct 8, 2025 - Oct 20, 2025 | -17.49% Apr 11, 2024 - May 15, 2024 |
| #6 | -0.80% Feb 2, 2026 - Feb 9, 2026 | -9.26% Sep 22, 2025 - Oct 27, 2025 |
| #7 | -0.76% Jan 12, 2026 - Jan 26, 2026 | -6.93% Nov 11, 2024 - Dec 2, 2024 |
| #8 | -0.75% Dec 26, 2024 - Jan 17, 2025 | -5.89% Mar 7, 2024 - Mar 20, 2024 |
| #9 | -0.57% Feb 9, 2026 - Feb 25, 2026 | -5.39% Jun 17, 2024 - Jun 26, 2024 |
| #10 | -0.53% Jun 18, 2026 - Jun 30, 2026 | -5.05% Mar 22, 2024 - Apr 11, 2024 |
| #11 | -0.48% Oct 28, 2025 - Nov 11, 2025 | -5.01% Mar 1, 2024 - Mar 7, 2024 |
| #12 | -0.39% Jul 10, 2026 - Jul 20, 2026 | -4.35% May 28, 2024 - Jun 5, 2024 |
| #13 | -0.39% Jan 30, 2025 - Feb 6, 2025 | -2.18% Jun 27, 2024 - Jul 1, 2024 |
| #14 | -0.38% Jan 24, 2025 - Jan 30, 2025 | -2.11% Dec 11, 2024 - Dec 16, 2024 |
| #15 | -0.31% Jul 28, 2025 - Aug 6, 2025 | -1.56% Sep 16, 2025 - Sep 19, 2025 |
Correlation
Correlation between SQMX and MAGX is 0.78 which considered as a strong positive correlation - the stocks tend to move together.
0.78
-101
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