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Roundhill Daily 2X Long Magnificent Seven ETF (MAGX)

55.45 -2.10 (-3.65%)
At close: October 30 at 4:00:00 PM EDT
56.71 +1.26 (+2.27%)
After hours: October 30 at 4:34:57 PM EDT
Trade MAGX on Coinbase

ETF Summary

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. The fund is non-diversified.

ETF Overview

Category Trading--Leveraged Equity
Fund Family Roundhill Investments
Net Assets 66.36M
YTD Daily Total Return 0.66%
Yield 1.90%
Legal Type Exchange Traded Fund

ETF Operations

Attributes MAGX Category Average
Annual Report Expense Ratio (net)
0.95% 0.00%
Holdings Turnover
0.00% --
Total Net Assets
0.00 0.00

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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