MAGX stock icon

Roundhill Daily 2X Long Magnificent Seven ETF
MAGX

41.52 USD
-1.00
2.35%
Updated Nov 20, 12:43 PM EST
1 day
-2.35%
5 days
-2.67%
1 month
14.25%
3 months
23.06%
6 months
45.38%
Year to date
61.37%
1 year
61.37%
5 years
61.37%
10 years
61.37%
0
Funds holding %
of 6,743 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

36,556% more capital invested

Capital invested by funds: $7K [Q2] → $2.57M (+$2.56M) [Q3]

200% more funds holding

Funds holding: 2 [Q2] → 6 (+4) [Q3]

10.11% more ownership

Funds ownership: 0.15% [Q2] → 10.26% (+10.11%) [Q3]

See Fund Rankings

Research analyst outlook

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

See Analyst Rankings

Financial journalist opinion

Positive
Seeking Alpha
3 months ago
MAGX: Leveraging Magnificent 7 Returns While They Last
Market showing signs of stress, potential gradual decline before another bull run. MAGX ETF provides 2X exposure to Magnificent 7 stocks, boosting portfolio returns during market gains. Risks of leveraged ETFs include daily rebalancing causing volatility decay, potential for eroded returns on down days.
MAGX: Leveraging Magnificent 7 Returns While They Last
Negative
Market Watch
7 months ago
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.
Positive
CNBC Television
8 months ago
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
Positive
CNBC Television
8 months ago
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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