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MAGX
+4.99 · +9.87%
$55.50 · NASDAQ

Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) ETF Analysis | Trading--Leveraged Equity

Roundhill Investments · USA
AUM:$60.9M
#– of – in Trading--Leveraged Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 30.4% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.95% — above average for this category.

What is MAGX?

The fund is an actively managed ETF that seeks,as its investment objective,the growth of capital. In seeking to achieve its investment objective,the fund will invest directly in shares of the fund and in derivatives instruments,such as swap agreements and futures contracts,that provide exposure to the returns of the fund.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Strong Recent Performance
MAGX delivered 30.4% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 0.95% is above average. Verify whether the strategy justifies the cost.
Moderate Concentration
Top 10 holdings make up 39.2% of the ETF — a moderate level of name concentration.
ETF Information
AUM$60.9M
Expense Ratio0.95%
Dividend Yield2.05%
Holdings2
Inception DateFeb 2024
Domicile–
Distribution–
Index–
ProviderRoundhill Investments
Beta–
CategoryTrading--Leveraged Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+18.8%
1Y
+17.3%
3Y
+129.5%
5Y
+129.5%
OpenBook InsightIf you had invested £10,000 in MAGX 5 years ago, it would have grown to £22,948 — a gain of £12,948.

Annual Returns

Calendar year performance

MAGX delivered positive returns in 3 of the last 3 calendar years.
YearMAGX
2026 YTD+2.9%
2025+27.1%
2024+81.1%
CAGR 2yr+51.7%
3/3 positive yearsAvg return: +37.0%Worst year: +2.9% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
48.2%
Very High
Momentum
+4.7%
30-day change
Support Level
54.01
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.
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