Roundhill Magnificent Seven ETF (MAGS)
| Assets | $1.54B |
| Expense Ratio | 0.29% |
| PE Ratio | 37.33 |
| Shares Out | 27.59M |
| Dividend (ttm) | $0.15 |
| Dividend Yield | 0.26% |
| Ex-Dividend Date | Dec 27, 2023 |
| Payout Ratio | 9.79% |
| 1-Year Return | +66.00% |
| Volume | 2,714,847 |
| Open | 55.07 |
| Previous Close | 55.84 |
| Day's Range | 54.64 - 56.84 |
| 52-Week Low | 32.03 |
| 52-Week High | 58.69 |
| Beta | n/a |
| Holdings | 18 |
| Inception Date | Apr 11, 2023 |
About MAGS
Fund Home PageThe Roundhill Magnificent Seven ETF (MAGS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that offers highly concentrated exposure to the largest and most liquid leading technology stocks. The fund invests primarily through swaps and forwards. MAGS was launched on Apr 11, 2023 and is issued by Roundhill.
Top 10 Holdings
121.25% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B 0 01.02.25 | 47.77% |
| TESLA INC SWAP | n/a | 11.41% |
| NVIDIA CORP SWAP | n/a | 8.73% |
| AMAZON.COM INC SWAP | n/a | 8.53% |
| APPLE INC SWAP | n/a | 7.97% |
| META PLATFORMS INC-CLASS A SWAP | n/a | 7.95% |
| ALPHABET INC-CL A SWAP | n/a | 7.93% |
| Tesla, Inc. | TSLA | 7.60% |
| MICROSOFT CORP SWAP | n/a | 7.53% |
| NVIDIA Corporation | NVDA | 5.82% |
News
The ‘Fast Money' traders give their charts of the year
The ‘Fast Money' traders look back over 2024 and give their charts of the year.
MAGS: The Strong Concentration In Mag 7 And Its Challenges
The ETF offers exposure to the Magnificent Seven, which concentrates returns and elevates risk, as evidenced by historical periods of high concentration in the S&P 500 followed by declines. Projection...
Mag 7 stocks serve as defensive plays in 2025: Citi strategist
2024 has been "one big valuation surprise" that has been "dominated by the [Magnificent] Seven megacap growth cohort," Citi head of US equity strategy Scott Chonert tells Julie Hyman and Josh Lipton o...
MAGS: Back To Its Best
The Roundhill Magnificent Seven ETF has outperformed since the election. MAGS uses total return swaps to comply with RIC diversification tests, freeing up AUM to invest in UST Bills, which will provid...
Undercovered ETFs: Nuclear, Uranium, China, India +
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and market trends. Global X Uranium ETF is seen as well-pla...
Magnificent 7 Are Alive And Well, But A Rest Is Inevitable
The "Magnificent-7" tech giants reported strong earnings results for the September quarter, with only Tesla failing to deliver a double beat on top and bottom-line estimates. In this note, we briefly ...
Roundhill Magnificent Seven ETF Surpasses $1 Billion in AUM
MAGS is the first and only U.S. listed ETF offering targeted exposure to the "Magnificent Seven" stocks. NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innov...
Where ETF Investors Put Money to Work on Election Week
My friend and industry veteran Dave Nadig used to call the exercise of interpreting ETF asset flows as “reading the tea leaves.” I have always loved that image because it suggests asset flows can be t...
The ETF Boom: What's In Store For 2025
This year tracks as a record for ETF launches among US issuers. Investors have demanded high-yield, protection, and crypto-related funds in 2024. New strategies emerge, including innovations in the ta...
Roundhill Launches New S&P 500 Income ETF
On Thursday, Roundhill Investments launched its latest fund, the Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY). The actively managed fund has a net expense ratio of 49 basis points.
Desperate to Diversify: Concentration Risks Creep Higher
Earnings season is in full swing, and five of the “Magnificent 7” are reporting quarterly results this week. Wall Street has been steadily raising the alarm on mega-cap concentration risks, and recent...
THNQ: Better Than MAGS For The Long Haul
ROBO Global Artificial Intelligence ETF offers broader exposure to AI innovation compared to the highly concentrated Magnificent Seven ETF. THNQ's diversified holdings across the maturing AI value cha...
MAGS: An Efficient Way To Invest In The Magnificent Seven
The Magnificent Seven, including GOOGL, AAPL, AMZN, META, MSFT, NVDA, and TSLA, are poised to lead the market higher despite bubble concerns. The Roundhill Magnificent Seven ETF (MAGS) offers a divers...
Mag7, AI and GLP-1: Roundhill CEO on the hottest ETFs to watch
Dave Mazza, Roundhill Investments CEO, joins CNBC's Bob Pisani on “Halftime Report's” “ETF Edge” segment to discuss the firms' three ETFs following the Mag7, AI and GLP-1 themes.
MAGS: The Magnificent 7 Bubble Is Losing Breadth
The "Magnificent 7" stocks, including Apple, Microsoft, Nvidia, and others, dominate the S&P 500 and Nasdaq 100, driving most gains and losses. The Roundhill Magnificent Seven ETF MAGS has outperforme...
MAGS: Makes Little Sense
The MAGS ETF holds equal weights of the magnificent 7 stocks via swap contracts. The US Treasury holdings provide interest income that pays for the swap contract fees/interest. Apart from a short-term...
Can the 'Magnificent Seven' Stocks Rebound From Their Longest Slump in Years?
U.S. stocks on Friday were, after a volatile week, on track to post their fourth consecutive weekly decline as the long "Magnificent Seven" trade that has fueled market gains for more than a year cont...
EXCLUSIVE: Which Magnificent 7 Stock Could Best Weather A Recession? Benzinga Readers Split On Pick, With A Tie For The Win
A large drop in the market on Monday sparked fears of a recession. While the stock market has recovered in the days since, investors are factoring concerns of a recession and high valuations for stock...
6 Stocks I'm Buying Amid A Major Market Rotation
American consumers' savings and spending patterns, illustrated through charts, showing a shift towards credit card debt and rising delinquency rates. Market rotation towards the real estate sector, wi...
Why Magnificent Seven Stocks are Having Their Worst Day on Record
The Magnificent Seven tumbled on Wednesday after earnings reports from Tesla (TSLA) and Alphabet (GOOGL) raised concerns about slowing earnings growth at America's tech titans.
MAGS: MAG 7 With A Dividend
Roundhill Magnificent Seven ETF provides exposure to top-performing Mag 7 stocks. MAGS utilizes swap agreements and forward contracts to maintain compliance with RIC diversification tests and uses its...
Roundhill Magnificent Seven ETF Surpasses $500 Million in AUM
MAGS is the first and only U.S. listed ETF to target the "Magnificent Seven" stocks NEW YORK , July 3, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial produc...