How have MAGX shares performed in 2024?

Roundhill Daily 2X Long Magnificent Seven ETF's stock was trading at $26.36 at the beginning of the year. Since then, MAGX stock has decreased by 2.4% and is now trading at $25.73. View the best growth stocks for 2024 here .

What does MAGX invest in?

Roundhill Daily 2X Long Magnificent Seven ETF is a equity fund issued by Roundhill Investments. MAGX focuses on theme investments. The fund's investments total to approximately $2.41 million assets under management.

What is the management fee for Roundhill Daily 2X Long Magnificent Seven ETF?

Roundhill Daily 2X Long Magnificent Seven ETF's management fee is 0.95% and has other expenses of 0.04%. However, MAGX has a fee waiver of -0.04% to reimburse the expenses. The net expense ratio for MAGX is 0.95%.

How do I buy shares of Roundhill Daily 2X Long Magnificent Seven ETF?

Shares of MAGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MAGX

Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) Price, Holdings, & News

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$25.73

+1.43 (+5.88%)

(As of 04/26/2024 ET)

Compare

Today's Range: $25.25
▼
$25.82
50-Day Range: $23.13
▼
$28.03
52-Week Range: $22.58
▼
$28.15

Volume: 9,624 shs
Average Volume: 10,498 shs
Market Capitalization: $2.06 million

Assets Under Management: $2.41 million
Dividend Yield: N/A
Net Expense Ratio: 0.95%

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About Roundhill Daily 2X Long Magnificent Seven ETF

The Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds aiming to achieve 2x the return, for a single day, of the Roundhill Magnificent Seven ETF (MAGS) through derivative instruments such as swaps. MAGX was launched on Feb 29, 2024 and is issued by Roundhill.

MAGX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MAGX ETF News Headlines

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Fund Details

Issuer: Roundhill Investments
Fund Name: Roundhill Daily 2X Long Magnificent Seven ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NASDAQ
Current Symbol: NASDAQ:MAGX
Inception Date: 2/29/2024
Fund Manager: Andrew Serowik, Todd Alberico, Gabriel Tan, Brian Cooper
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Equity
Benchmark: N/A
Category: Strategy
Focus: Theme
Development Level: Developed Markets
Region: North America
Number of Holdings: 5

Fund Statistics

Assets Under Management: $2.41 million
Average Daily Volume: $0.00
Discount/Premium: 0.16%
Leveraged: 2.00

Administrator, Advisor and Custodian

Administrator: U.S. Bancorp Fund Services, LLC
Advisor: Roundhill Financial Inc.
Custodian: U.S. Bank, N.A.
Distributor: Foreside Fund Services, LLC
Transfer Agent: U.S. Bancorp Fund Services, LLC
Trustee: N/A
Lead Market Maker: Flow Traders

Miscellaneous

Outstanding Shares: 80,000
Beta: N/A

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Roundhill Daily 2X Long Magnificent Seven ETF Expenses

Type	MAGX	Theme ETFs	Equity ETFs	NASDAQ ETFs	All ETFs
Management Fee	0.95%	0.57%	0.54%	0.48%	0.51%
Other Expenses	0.04%	0.72%	0.54%	0.34%	0.58%
Total Expense	0.99%	0.72%	0.70%	0.58%	0.70%
Fee Waiver	-0.04%	-0.76%	-0.55%	-0.22%	-0.57%
Net Expense	0.95%	0.59%	0.60%	0.54%	0.58%