Roundhill Daily 2X Long Magnificent Seven ETF (MAGX)
MAGX is an actively managed ETF by Roundhill. MAGX launched on Feb 28, 2024 and has a 0.95% expense ratio.
ETF Info
Feb 28, 2024
1x
No Index (Active)
Expense Ratio
MAGX has a high expense ratio of 0.95%, indicating above-average management fees.
Share Price Chart
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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.
Returns By Period
Roundhill Daily 2X Long Magnificent Seven ETF had a return of -29.76% year-to-date (YTD) and 21.80% in the last 12 months.
MAGX
-29.76%
-18.68%
-7.65%
21.80%
N/A
N/A
^GSPC (Benchmark)
-4.23%
-5.40%
-1.33%
7.42%
17.47%
10.57%
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.64% | -15.85% | -21.71% | 3.87% | -29.76% | ||||||||
| 2024 | 2.96% | -5.06% | 15.35% | 18.92% | -2.87% | -3.37% | 11.98% | -1.13% | 15.93% | 12.16% | 81.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MAGX is 53, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
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.
Dividends
Dividend History
Roundhill Daily 2X Long Magnificent Seven ETF provided a 1.22% dividend yield over the last twelve months, with an annual payout of $0.40 per share.
| Period | TTM | 2024 |
|---|---|---|
| Dividend | $0.40 | $0.40 |
Dividend yield | 1.22% | 0.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Roundhill Daily 2X Long Magnificent Seven ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2024 | $0.40 | $0.40 |
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.
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 40.44%, occurring on Mar 31, 2025. The portfolio has not yet recovered.
The current Roundhill Daily 2X Long Magnificent Seven ETF drawdown is 38.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.44% | Dec 18, 2024 | 69 | Mar 31, 2025 | — | — | — |
| -34.5% | Jul 11, 2024 | 20 | Aug 7, 2024 | 65 | Nov 7, 2024 | 85 |
| -17.49% | Apr 12, 2024 | 6 | Apr 19, 2024 | 18 | May 15, 2024 | 24 |
| -6.93% | Nov 12, 2024 | 4 | Nov 15, 2024 | 10 | Dec 2, 2024 | 14 |
| -5.89% | Mar 8, 2024 | 2 | Mar 11, 2024 | 7 | Mar 20, 2024 | 9 |
Volatility
Volatility Chart
The current Roundhill Daily 2X Long Magnificent Seven ETF volatility is 21.07%, 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.