The Roundhill Daily 2X Long Magnificent Seven ETF, trading under the ticker MAGX, is a dynamic investment vehicle designed for those looking to capitalize on the rapid growth and innovation within the Big Tech sector. As a sector-focused fund, MAGX offers investors a unique opportunity to gain amplified exposure to some of the most influential and high-performing technology companies, often referred to as the "Magnificent Seven." This ETF is not just a gateway to the tech giants that are driving the future of digital transformation, but it also employs a leveraged strategy, aiming to deliver twice the daily returns of its underlying index. This makes it a compelling choice for investors with a strong risk appetite who are seeking to enhance their portfolio's performance by tapping into the exponential growth potential of the tech industry. Whether you're a seasoned investor or a tech enthusiast, MAGX provides a strategic approach to harnessing the power and momentum of the Big Tech revolution.
Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) Fund Flow Chart
Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) 1 year Net Flows: 62M
MAGX ETF FAQ
What was MAGX’s price range in the past 12 months?
MAGX lowest ETF price was 22.41 and its highest was 53.81 in the past 12 months.
What is the AUM of MAGX?
As of Apr 09, 2025 The AUM of MAGX is 40.85M.
Is MAGX overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does MAGX pay dividends?
MAGX pays a Notavailable dividend of 0.396 which represents an annual dividend yield of 1.64%. See more information on MAGX dividends here
How many shares outstanding does MAGX have?
Currently, no data Available
Which hedge fund is a major shareholder of MAGX?
Currently, no hedge funds are holding shares in MAGX