Free Trial
NASDAQ:MAGX

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

$37.40 -1.80 (-4.59%)
As of 06/5/2025 04:00 PM Eastern

About Roundhill Daily 2X Long Magnificent Seven ETF (NASDAQ:MAGX)

Key Stats

Today's Range
$36.67
$39.50
50-Day Range
$24.05
$39.68
52-Week Range
$22.41
$53.81
Volume
154,346 shs
Average Volume
148,297 shs
Market Capitalization
$71.06 million
Assets Under Management
$78.46 million
Dividend Yield
1.04%
Net Expense Ratio
0.95%
Aggregate Rating
N/A

ETF Overview

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.

Roundhill Daily 2X Long Magnificent Seven ETF Expenses

TypeMAGXTheme ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.57%0.57%0.54%0.53%
Other Expenses0.04%0.57%0.48%0.42%0.51%
Total Expense0.99%0.73%0.72%0.68%0.71%
Fee Waiver-0.04%-0.71%-0.49%-0.29%-0.54%
Net Expense0.95%0.60%0.63%0.62%0.60%
Receive MAGX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Roundhill Daily 2X Long Magnificent Seven ETF and its competitors with MarketBeat's FREE daily newsletter.

MAGX ETF News Headlines

White House to reset Social Security?
Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon bring Elon Musk's DOGE operation to its final, dramatic conclusion - with huge consequences for millions of investors. So if you have any money in the market... you're almost out of time to prepare. This plan has already been put in place... and can operate even if Elon's long gone from Washington.
See More Headlines

MAGX ETF - Frequently Asked Questions

Roundhill Daily 2X Long Magnificent Seven ETF's stock was trading at $46.23 on January 1st, 2025. Since then, MAGX shares have decreased by 19.1% and is now trading at $37.40.
View the best growth stocks for 2025 here
.

Top institutional shareholders of Roundhill Daily 2X Long Magnificent Seven ETF include Socha Financial Group LLC (1.27%) and Simplex Trading LLC (0.06%).

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.

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
7

Fund Statistics

Assets Under Management
$78.46 million
Average Daily Volume
$0.00
Discount/Premium
0.10%
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

Options

Optionable
Optionable
Options Volume
10
Put Options
4
Call Options
6
Short Interest
11,300 shs

Miscellaneous

Beta
3.39
Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Top 7 MAGX Holdings

  • ROUNDHILL MAGNIFICENT SEVEN SWAP
    Holding Weight: 199.95%
  • United States Treasury Bills 0%
    Holding Weight: 76.68%
  • First American Government Obligations Fund
    Holding Weight: 2.60%
  • ROUNDHILL MAGNIFICENT SEVEN SWAP
    Holding Weight: 0.76%
  • US DOLLARS
    Holding Weight: 0.00%
  • DEPOSITS WITH BROKER FOR SHORT POSITIONS
    Holding Weight: -3.67%
  • Cash Offset
    Holding Weight: -176.31%

This page (NASDAQ:MAGX) was last updated on 6/6/2025 by MarketBeat.com Staff
From Our Partners