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JUSA vs MAGS

JPMorgan U.S. Research Enhanced Large Cap ETF

JUSAANYSE Arca

Roundhill Magnificent Seven ETF

MAGSBCboe

Overlap

Expense ratio

JUSA −0.12pt a year

JUSA0.18%MAGS0.30%

Avg volume · 30D

MAGS 43.7×the volume

JUSA98.8KMAGS4.31M

JUSA vs MAGS Performance

Oct 31, 2025 – Oct 30, 2026

+10.8%JUSA+2.2%MAGS

Oct 31, 2025 to Oct 30, 2026. JUSA +10.8%. MAGS +2.2%. Use the arrow keys to read each point.−15%−10%−5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
JUSA 0.18%, better
MAGS 0.30%
Fund size
JUSA $745M
MAGS $5.28B
1Y total return
JUSA +10.8%, better
MAGS +2.2%
Yield (12M)
JUSA 0.72%
MAGS 1.43%, better
Holdings
JUSA 263
MAGS 32
Avg volume (30D)
JUSA 98.8K sh
MAGS 4.31M sh, better
NAV per share
JUSA $67.75
MAGS $68.54
52W range

ETF.net Grade

JUSA: Cost 99, Risk 92, Mission 84, Tradability 58, Holdings 84, Durability 76. MAGS: Cost 97, Risk 36, Mission 67, Tradability 77, Holdings 9, Durability 84.
Pillar letters and Scores for JUSA, MAGS, with each pillar’s weight
PillarJUSAMAGS
Cost30% weightA99HigherA97
Mission25% weightA84HigherB67
Risk15% weightA92HigherD36
Tradability15% weightB58A77Higher
Holdings10% weightA84HigherF9
Durability5% weightA76A84Higher

Rank among US Active Growth funds

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

Same Category. JUSA and MAGS are both graded against the same 90 US Active Growth funds, so their Grades compare head to head.

US Active Growth⁠

Category · 90 funds
See all 90 ›

JUSA ranks 1st and MAGS 9th of 90 funds in the US Active Growth Category.

  1. Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
  2. Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
  3. Rank 9BFLCGFederated Hermes MDT Large Cap Growth ETFScore 68
  4. Rank 9BMAGSRoundhill Magnificent Seven ETFScore 68
  5. Rank 12BFFLGFidelity Fundamental Large Cap Growth ETFScore 67

Our read on each fund

ETF.net Research

JUSAAJPMorgan U.S. Research Enhanced Large Cap ETF

MAGSBRoundhill Magnificent Seven ETF

In short

JUSA Active stock picking in index clothing: J.P. Morgan analysts tilt roughly 300 large caps while sector weights and risk stay close to the S&P 500, for 0.18% a year with no waiver attached.

MAGS Seven stocks, one ticker. MAGS is an actively managed fund built entirely around the Magnificent Seven basket, launched in 2023 for people who want that trade whole rather than assembled by hand.

Stated mandate

JUSA The fund seeks capital appreciation through active, fundamental, bottom-up selection of large-cap U.S. equities. It targets companies with strong long-term earnings potential and attractive valuations relative to peers.

MAGS The Fund is actively managed and seeks growth of capital through exposure to companies comprising the Magnificent Seven.

Why people hold it

  • JUSA 0.18% a year with no waiver propping it up, below its category median. GUSE charges 0.30% and LRGC 0.39% for similar enhanced-index work; FELG ties it at 0.18%.
  • Active where it counts, plain where it doesn't: bottom-up stock picks across roughly 300 large caps, with sector mix and risk profile kept close to the S&P 500.jpmorgan.com
  • Stands among the strongest implementations in a 90-fund peer group of active large-cap funds, helped by a low fee and tightly managed risk.
  • MAGS Packages the Magnificent Seven into a single actively managed position, so you skip buying and rebalancing seven separate stocks yourself.
  • Charges 0.30% a year, less than the typical actively managed US growth fund it competes with.
  • Among the most heavily traded funds in its category, which generally means low friction getting in and out.
  • A billion-dollar-scale fund and one of the strongest implementations in its active US growth peer group.

Worth knowing

  • JUSA Launched in March 2025, so there is only a short live record on this ticker to judge.
  • Moderately traded rather than a volume monster, so spreads can run wider than the giant index funds', especially in fast markets.
  • Tracking the S&P 500's sector weights limits how far results can stray from the benchmark in either direction. This is a nudge on the index, not a different bet.jpmorgan.com
  • MAGS Concentration is the whole design. With a handful of megacap names, one stock stumbling moves this fund far more than it would a broad index fund.
  • Broader large-cap growth peers cost less: JUSA at 0.12% and FELG at 0.18%, though neither is a dedicated Magnificent Seven basket.
  • The mandate is growth of capital, and payouts come annually or semiannually at most. Not built as an income holding.

Full JUSA profile⁠

Full MAGS profile⁠

JUSA vs MAGS 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.

JUSA vs MAGS Cost

Overpaying MAGS vs JUSA

$2,400

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

  • JUSA 0.18%

    $3,749

  • MAGS 0.30%

    $6,149

$10,000
30 years

Cost over time

  • JUSA 0.18%
  • MAGS 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530MAGS $6,149JUSA $3,749

Year by year

YearJUSAMAGSOverpaying
10$328$545$217
20$1,281$2,113$832
30$3,749$6,149$2,400

Expense ratio

  • 0.18%JUSA, cheaper
  • 0.30%MAGS
  • Middle half of US Active Growth funds
  • Median 0.55%

JUSA cheapest of 90 funds

MAGS 3rd cheapest of 90 funds

JUSA vs MAGS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
JUSA 0.72%
MAGS 1.43%, better
Payout (12M)
JUSA $0.49
MAGS $0.98
Last payment
JUSA $0.13
MAGS $0.98
Ex-dividend
JUSA Sep 22, 2026
MAGS Dec 30, 2025
Paid on
JUSA Sep 24, 2026
MAGS Dec 31, 2025
Frequency
JUSA Quarterly
MAGS Annual

Distribution history

Per share, 2023 to 2026, same scale for both

JUSAQuarterly · 6 paymentsAll JUSA payments⁠
One bar per payment. 6 payments from 2023 to 2026 YTD. Jun 24, 2025 $0.11; Sep 23, 2025 $0.15; Dec 16, 2025 $0.18; Mar 24, 2026 $0.11; Jun 23, 2026 $0.06; Sep 22, 2026 $0.13. Use the arrow keys to read each point.$0$120232026YTD
MAGSAnnual · 3 paymentsAll MAGS payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 27, 2023 $0.15; Dec 30, 2024 $0.44; Dec 30, 2025 $0.98. Use the arrow keys to read each point.$0$120232026YTD

JUSA vs MAGS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
JUSA 11.6%since Apr 2025MAGS 21.8%
Return per unit of riskSharpe ratio, 3 years
JUSA 1.41since Apr 2025MAGS 1.28
Worst fallMax drawdown, 5 years
JUSA −14.0%since Mar 2025MAGS −29.9%since Apr 2023
Market sensitivityBeta, 5 years
JUSA 0.98MAGS 1.37

JUSA and MAGS in the news

All news⁠

Popular comparisons

  • JUSAAvsGUSEA

    JPMorgan U.S. Research Enhanced Large Cap ETF · Goldman Sachs Enhanced U.S. Equity ETF

    Expense ratio
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  • MAGSBvsGUSEA

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  • MAGSBvsFELGA

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