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MAGX Stock Price, Chart, Stats & News

Roundhill Daily 2X Long Magnificent Seven ETF
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Trading--Leveraged Equity
Category
0.96%
Expense ratio
55.40M
Assets
33.96%
1Y return

MAGX chart

1M
3M
1Y
5Y
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MAGX returns

YTD
-8.69%
1Y
33.96%
1Y volatility42.88%
3Y volatility0.00%
Sharpe ratio0.00

About

The Roundhill Daily 2X Long Magnificent Seven ETF, or "the Fund," is engineered to achieve daily investment results that are twice (2X) the performance of the Roundhill Magnificent Seven ETF (the "Magnificent Seven ETF"), prior to accounting for fees and expenses. Critically, this objective is designed to be met only within a single trading day. As a result, the Fund presents a higher risk profile compared to non-leveraged alternatives, given its strategy to amplify daily market fluctuations.

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