Roundhill Daily Inverse Magnificent Seven ETF
MAGQ

$21.31

1.51%

Market Cap: $1.07M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

18,082% more capital invested

Capital invested by funds: $1.18K [Q1] → $215K (+$214K) [Q2]

100% more funds holding

Funds holding: 1 [Q1] → 2 (+1) [Q2]

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

33.8% more ownership

Funds ownership: 0.49% [Q1] → 34.29% (+33.8%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for MAGQ.

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Financial journalist opinion

MAGQ: A Loss-Offset Play For When The Magnificent 7 Magic Fades

Roundhill Investments this year launched an inverse Mag 7 ETF aiming for daily -100% return on the biggest mega-caps of our time, the Roundhill Daily Inverse Magnificent Seven ETF. The MAGQ ETF is a small fund with assets under management of a little over $600,000, investing in equal-weighted Mag 7 swaps with a reasonable 0.95% expense ratio. The strategy involves betting against Mag 7 stocks' high valuations, utilizing technical indicators to time entry and exit points to offset losses on long positions.

MAGQ: A Loss-Offset Play For When The Magnificent 7 Magic Fades

Zacks Investment Research

ETF Winners Amid Last Week's Record Loss in "Magnificent 7"

Last week witnessed the largest collective loss for the "Magnificent Seven" technology-related stocks due to higher rates and rich valuation of those stocks.

ETF Winners Amid Last Week's Record Loss in "Magnificent 7"

A new product allows 5x leveraged bets on the Magnificent Seven. Traders should be wary.

Investors can now make turbocharged bets on or against the Magnificent Seven group of stocks due to the launch of an exchange-traded product offering five times leverage on the hot megacap technology sector. Of course, that doesn't mean they should.

A new product allows 5x leveraged bets on the Magnificent Seven. Traders should be wary.

CNBC Television

Sign of top or next pop? Rush of new offerings spring up around Mag 7, weight loss

Sign of top or next pop? Rush of new offerings spring up around Mag 7, weight loss.

Sign of top or next pop? Rush of new offerings spring up around Mag 7, weight loss

CNBC Television

Roundhill's Dave Mazza on trading the 'Magnificent 7' with ETFs

Dave Mazza, Roundhill Investments chief strategy officer, joins CNBC's Dom Chu to discuss Roundhill's new leveraged and inverse 'Magnificent 7' products, and if it's time to change the strategy around the group.

Roundhill's Dave Mazza on trading the 'Magnificent 7' with ETFs

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