Skip to content
etf.net

GXC vs MAGC

State Street SPDR S&P China ETF

GXCANYSE Arca

Roundhill China Magnificent Seven ETF

MAGCCCboe

Overlap

Expense ratio

GXC −0.01pt a year

GXC0.59%MAGC0.60%

Avg volume · 30D

GXC 3.5×the volume

GXC23.4KMAGC6.65K

GXC vs MAGC Performance

Oct 31, 2025 – Nov 2, 2026

−18.4%GXC−32.1%MAGC

Oct 31, 2025 to Nov 2, 2026. GXC −18.4%. MAGC −32.1%. Use the arrow keys to read each point.−10%0%Oct 2025May 2026Nov 2026
Expense ratio
GXC 0.59%, better
MAGC 0.60%
Fund size
GXC $421M
MAGC $12M
1Y total return
GXC −18.4%, better
MAGC −32.1%
Yield (12M)
GXC 2.44%
MAGC 5.57%, better
Holdings
GXC 1539
MAGC 16
Avg volume (30D)
GXC 23.4K sh, better
MAGC 6.65K sh
NAV per share
GXC $80.17
MAGC $17.53
52W range

ETF.net Grade

GXC: Cost 78, Risk 68, Mission 85, Tradability 69, Holdings 76, Durability 84. MAGC: Cost 67, Risk 21, Mission 50, Tradability 53, Holdings 16, Durability 36.
Pillar letters and Scores for GXC, MAGC, with each pillar’s weight
PillarGXCMAGC
Cost30% weightA78HigherB67
Mission25% weightA85HigherC50
Risk15% weightB68HigherF21
Tradability15% weightB69HigherC53
Holdings10% weightA76HigherF16
Durability5% weightA84HigherD36

Rank among China funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GXC and MAGC are both graded against the same 28 China funds, so their Grades compare head to head.

China⁠

Category · 28 funds
See all 28 ›

GXC ranks 4th and MAGC 17th of 28 funds in the China Category.

  1. Rank 1ACXSEWisdomTree China ex-State-Owned Enterprises FundScore 81
  2. Rank 1AFLCHFranklin FTSE China ETFScore 81
  3. Rank 3AMCHIiShares MSCI China ETFScore 77
  4. Rank 4AGXCState Street SPDR S&P China ETFScore 76
  5. Rank 5AKBAKraneShares Bosera MSCI China A 50 Connect Index ETFScore 75
  6. Rank 15CPGJInvesco Golden Dragon China ETFScore 48
  7. Rank 17CMAGCRoundhill China Magnificent Seven ETFScore 47
  8. Rank 18CCHIQGlobal X MSCI China Consumer Discretionary ETFScore 46

Our read on each fund

ETF.net Research

GXCAState Street SPDR S&P China ETF

MAGCCRoundhill China Magnificent Seven ETF

In short

GXC The whole China market in one ticker: roughly 1,400 stocks from megacaps down to small caps, tracked since 2007. Most China funds buy the famous names. GXC buys the phone book.

MAGC One ticker, seven of China's biggest tech and EV names, equal weighted and rebalanced quarterly. Roundhill's China answer to its own Magnificent Seven fund, and it charges 0.60%.

Stated mandate

GXC The fund seeks to provide returns that generally correspond to the total return performance of the S&P China BMI Index.

MAGC The fund seeks equal-weight exposure to the largest and most innovative Chinese companies identified as the China Magnificent Seven.

Why people hold it

  • GXC Holds roughly 1,400 names across large, mid and small caps, so the portfolio reaches well past the handful of megacap internet stocks that dominate narrower China funds.ssga.com
  • Running since 2007, one of the longest-tenured US-listed China index funds, with a track record covering several full boom and bust cycles in the market.ssga.com
  • Tracks the S&P China BMI Index tightly and sits in the upper tier of its single-country China peer group on our review.
  • MAGC Equal weight, rebalanced quarterly, so no single giant swallows the basket the way it can in cap-weighted China index funds.roundhillinvestments.com
  • Blue-chip roster only: names such as Alibaba, Tencent and BYD, picked with size and liquidity screens, which skips Chinese small caps entirely.roundhillinvestments.comroundhillinvestments.com 2
  • At 0.60% with no fee waiver, it sits near the median of 30 China funds we track, unusual for a hand-picked, actively managed basket.
  • Roundhill launched it in 2024 and bills it as the first ETF built around this precise basket of China's tech leaders.roundhillinvestments.com

Worth knowing

  • GXC The 0.59% expense ratio sits at the pricier end of the shelf. Plain index rivals such as FLCH and CXSE charge less for China exposure.
  • Volume is light next to the category's biggest China funds, so bid-ask spreads can widen. Limit orders are the usual defense.
  • One country, one policy regime: Chinese regulation, politics and currency moves drive the whole ride, and payouts land only once or twice a year.
  • MAGC Seven companies means one bad quarter at one of them lands hard. Broad China funds spread that risk across hundreds of stocks.roundhillinvestments.com
  • Much of the exposure comes via total return swaps on ADRs (to meet fund diversification tests), backed by Treasury bills, not direct share ownership.roundhillinvestments.comroundhillinvestments.com 2
  • Small and thinly traded, with distributions once or twice a year. Cheaper, broader options like FLCH (0.19%) and CXSE (0.32%) rank at the top of the category.

Full GXC profile⁠

Full MAGC profile⁠

GXC vs MAGC Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GXC vs MAGC Cost

Overpaying MAGC vs GXC

$182

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GXC 0.59%

    $11,635

  • MAGC 0.60%

    $11,817

$10,000
30 years

Cost over time

  • GXC 0.59%
  • MAGC 0.60%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530MAGC $11,817GXC $11,635

Year by year

YearGXCMAGCOverpaying
10$1,058$1,076$18
20$4,051$4,116$65
30$11,635$11,817$182

Expense ratio

  • 0.59%GXC, cheaper
  • 0.60%MAGC
  • Middle half of China funds
  • Median 0.65%

GXC 5th cheapest of 28 funds

MAGC 9th cheapest of 28 funds

GXC vs MAGC Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
GXC 2.44%
MAGC 5.57%, better
Payout (12M)
GXC $1.99
MAGC $0.98
Last payment
GXC $0.67
MAGC $0.98
Ex-dividend
GXC Jun 22, 2026
MAGC Dec 30, 2025
Paid on
GXC Jun 26, 2026
MAGC Dec 31, 2025
Frequency
GXC Twice a year
MAGC Irregular

Distribution history

Per share, 2017 to 2026, same scale for both

GXCTwice a year · 19 paymentsAll GXC payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.26; Dec 15, 2017 $1.71; Jun 15, 2018 $0.56; Dec 24, 2018 $1.16; Jun 24, 2019 $0.81; Dec 23, 2019 $0.83; Jun 22, 2020 $0.56; Dec 21, 2020 $0.79; Jun 21, 2021 $0.50; Dec 20, 2021 $0.90; Jun 21, 2022 $0.76; Dec 20, 2022 $1.33; Jun 20, 2023 $0.83; Dec 18, 2023 $1.69; Jun 24, 2024 $0.63; Dec 23, 2024 $1.50; Jun 23, 2025 $1.00; Dec 22, 2025 $1.32; Jun 22, 2026 $0.67. Use the arrow keys to read each point.$0$22017202020232026YTD
MAGCIrregular · 2 paymentsAll MAGC payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Dec 30, 2024 $0.22; Dec 30, 2025 $0.98. Use the arrow keys to read each point.$0$22017202020232026YTD

GXC vs MAGC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GXC 20.7%MAGC 28.2%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
GXC 0.27MAGC −1.58since Oct 2025
Worst fallMax drawdown, 5 years
GXC −46.5%MAGC −42.0%since Sep 2025
Market sensitivityBeta, 5 years
GXC 0.69MAGC −0.07

Popular comparisons

  • GXCAvsCXSEA

    State Street SPDR S&P China ETF · WisdomTree China ex-State-Owned Enterprises Fund

    Expense ratio
    0.59% · 0.32%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MAGCCvsCXSEA

    Roundhill China Magnificent Seven ETF · WisdomTree China ex-State-Owned Enterprises Fund

    Expense ratio
    0.60% · 0.32%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GXCAvsFLCHA

    State Street SPDR S&P China ETF · Franklin FTSE China ETF

    Expense ratio
    0.59% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MAGCCvsFLCHA

    Roundhill China Magnificent Seven ETF · Franklin FTSE China ETF

    Expense ratio
    0.60% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GXCAvsMCHIA

    State Street SPDR S&P China ETF · iShares MSCI China ETF

    Expense ratio
    0.59% · 0.59%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MAGCCvsMCHIA

    Roundhill China Magnificent Seven ETF · iShares MSCI China ETF

    Expense ratio
    0.60% · 0.59%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.