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Roundhill Daily 2X Long Magnificent Seven ETF (MAG...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Roundhill

Inception Date

Feb 28, 2024

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Equity

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
MAGX vs. MAGS MAGX vs. TQQQ MAGX vs. QLD MAGX vs. FNGO MAGX vs. nvdx MAGX vs. YMAG MAGX vs. TECL MAGX vs. SPLG MAGX vs. VGT MAGX vs. SMH
Popular comparisons:
MAGX vs. MAGS MAGX vs. TQQQ MAGX vs. QLD MAGX vs. FNGO MAGX vs. nvdx MAGX vs. YMAG MAGX vs. TECL MAGX vs. SPLG MAGX vs. VGT MAGX vs. SMH

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Roundhill Daily 2X Long Magnificent Seven ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
46.71%
11.49%
MAGX (Roundhill Daily 2X Long Magnificent Seven ETF)
Benchmark (^GSPC)

Returns By Period


MAGX

YTD

N/A

1M

16.24%

6M

46.72%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

The table below presents the monthly returns of MAGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20242.96%-5.06%15.35%18.92%-2.87%-3.37%11.98%-1.13%64.17%

Expense Ratio

MAGX has a high expense ratio of 0.95%, indicating higher-than-average management fees.


Expense ratio chart for MAGX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
No data
MAGX
^GSPC

There is not enough data available to calculate the Sharpe ratio for Roundhill Daily 2X Long Magnificent Seven ETF. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.

Chart placeholderNot enough data

Dividends

Dividend History


Roundhill Daily 2X Long Magnificent Seven ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.45%
-1.40%
MAGX (Roundhill Daily 2X Long Magnificent Seven ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Roundhill Daily 2X Long Magnificent Seven ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Roundhill Daily 2X Long Magnificent Seven ETF was 34.50%, occurring on Aug 7, 2024. Recovery took 65 trading sessions.

The current Roundhill Daily 2X Long Magnificent Seven ETF drawdown is 2.45%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.5%Jul 11, 202420Aug 7, 202465Nov 7, 202485
-17.49%Apr 12, 20246Apr 19, 202418May 15, 202424
-6.93%Nov 12, 20244Nov 15, 2024
-5.89%Mar 8, 20242Mar 11, 20247Mar 20, 20249
-5.39%Jun 18, 20244Jun 24, 20242Jun 26, 20246

Volatility

Volatility Chart

The current Roundhill Daily 2X Long Magnificent Seven ETF volatility is 16.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
16.55%
4.07%
MAGX (Roundhill Daily 2X Long Magnificent Seven ETF)
Benchmark (^GSPC)