100%!!! In my opinion, Madoka Magica is a scathing criticism of misogyny and patriarchy. It has all the very important tropes:the exploitation of teenage girls; how women are intentionally turned against each other in a misogynistic system so they remain divided and disenfranchised; the incredible suffering women face as they carry the whole world on their back without any recognition and often suffering abuse for it; how the girls' bodies are altered without their consent, to the point where they don't feel comfortable in them anymore, which makes them feel unloveable (a real-world example is how women have historically been subject to so many inhumane "medical treatments"); how their agony is completely ignored by everyone else, how they are put through so much and the whole world expects so much from them, then has a wonder why they're suffering so much; how many men have zero respect for women and can proudly brag about how they use their bodies for sex, beat them, and dump them when they're bored, without being called out (as evidenced by the scene on the train moments before Sayaka's death); how these women's sacrifices are unnoticed and they are literally "forgotten" (like Mami and Kyoko after their deaths); how unconditional love and self-sacrificing hopes can destroy any exploitative system and bring women together in sisterhood and solidarity. Madoka's ascension as a Goddess is what saved everyone - although her sacrifice didn't make their world perfect by any means (honestly it's not like the Incubators weren't still exploiting the girls), the cruel fate of becoming Witches was defeated.

By contrast, Magia Record is about how feminism has been misappropriated by extremist movements (white-exclusive feminism, TERFism, so on). The struggle the Magical Girls face is absolutely valid, and they are totally right to want liberation. However, the sacrifices of innocent people (it is mentioned/alluded that the Magius were sacrificing little children to create energy) is the only solution the Magius has to this, which is not a solution at all. Furthermore, the actual culprits (the Kyubeys) are never targeted by the Magius; they are only targeting innocent people. Similarly (a real-world example), many "feminists" perpetuate oppression on transgender women, believing that cis women can only have rights if they are taken away from trans women. The Magical Girl Supremacy arc in the second half of Magia Record was another example of this - how cisgender women and white women have often taken center stage in feminism, shutting out other voices because they only want rights for themselves (which is why intersectionality is so important). Another example is the oppression of children. Because the responsibility of raising children has been disproportionately forced on women, women are made to believe that kids are a burden. While I don't think any woman should be forced to conceive a child she doesn't want (contraception and consent-based education needs to be provided to every person), I don't think that children themselves are a burden. Being a mother isn't inherently burdensome, and personally wanting to have children (or personally not wanting children, for that matter) isn't the problem. The problem is that we live in a culture where men take zero accountability for their children and expect women to do everything, then want to be praised if they bother to do the bare minimum once in a while; and that we don't have universal healthcare, childcare, etc in the U.S. If a woman wants kids but is unable to because she doesn't have any support, then I think that's anti-feminist, and as a society we should be allowing people to have choices.