ΔE 20.9, loose: different enough that you should pick on purpose. Magic Blue is a little darker, more muted, cooler than Light Ultramarine Blue.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 21). Magic Blue is a little darker, more muted, cooler than Light Ultramarine Blue.
The same difference applies the other way round: Light Ultramarine Blue is a little lighter, more saturated, warmer.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Light Ultramarine Blue on the colour wheel See Magic Blue on the colour wheel
All matches: Light Ultramarine Blue equivalents · Magic Blue equivalents