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Roundhill Daily 2X Long Magnificent Seven ETF (MAGX)

Trading--Leveraged Equity | Exchange Traded Fund | Cboe US
65.56 USD +0.72 (1.118%) ⇧ (Oct. 12, 2026, 12:12 p.m. EDT)
Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 11:37 a.m. EDT

The Magnificent Seven leveraged ETF is currently a high-risk, high-reward vehicle driven entirely by the performance of its underlying mega-cap tech giants. While the underlying assets have surged nearly 45% year-to-date, providing a solid foundation for the fund's recent gains, the leverage mechanics introduce significant volatility and decay risks that make this unsuitable for a traditional long-term hold. The options market is screaming caution; traders are stacking heavy protective puts for the end of the year, betting that the recent rally in the tech sector is due for a pullback. This defensive positioning contrasts sharply with the fund's recent upward momentum, suggesting that smart money is preparing for a sharp reversal rather than continuing the trend. For investors seeking exposure to the tech boom, this instrument offers aggressive upside potential but requires strict discipline regarding drawdown limits, as the compounding effect of daily resets can erode capital quickly during any sustained downturn.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.151226
AutoARIMA0.161157
AutoETS0.162266
MSTL0.163123

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 34%
H-stat 2.35
Ljung-Box p 0.000
Jarque-Bera p 0.013
Excess Kurtosis 1.46

As of Oct. 10, 2026, 11:37 a.m. EDT: Speculators are aggressively positioning for downside protection in the December 2026 expiration, evidenced by massive open interest in out-of-the-money puts (strikes 30 and 40) relative to volume, while call activity remains sparse and concentrated near the money. This asymmetry suggests a 'bear put' strategy or hedging against a potential correction in the Magnificent Seven complex, despite the underlying asset's recent rally.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.03% 2.03% — —
Dividend History
Date Dividend Yield %
2025-12-30 1.171 2.031223
2024-12-30 0.396 0.830363
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.9

Info Dump

Attribute Value
All Time High 65.61
All Time Low 22.41
Ask 65.61
Ask Size 500
Average Daily Volume10 Day 40,400
Average Daily Volume3 Month 51,792
Average Volume 51,792
Average Volume10Days 40,400
Beta3 Year 0.0
Bid 65.51
Bid Size 100
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 65.89
Day Low 65.23
Display Name 2X Long Magnificent Seven ETF
Dividend Yield 1.9
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 58.68466
Fifty Day Average Change 6.8753357
Fifty Day Average Change Percent 0.11715729
Fifty Two Week Change Percent 18.139576
Fifty Two Week High 65.89
Fifty Two Week High Change -0.33000183
Fifty Two Week High Change Percent -0.0050083753
Fifty Two Week Low 38.72
Fifty Two Week Low Change 26.839996
Fifty Two Week Low Change Percent 0.6931817
Fifty Two Week Range 38.72 - 65.89
First Trade Date Milliseconds 1,709,217,000,000
Full Exchange Name Cboe US
Fullday Change 0.7249985
Fullday Change Percent 1.1182208
Fullday Price 65.56
Fund Family Roundhill Investments
Fund Inception Date 1,709,078,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-02-29
Language en-US
Legal Type Exchange Traded Fund
Long Business 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.
Long Name Roundhill Daily 2X Long Magnificent Seven ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1867647255
Nav Price 63.6317
Net Assets 66,362,320.0
Net Expense Ratio 0.95
Open 65.28
Previous Close 64.835
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.7249985
Regular Market Change Percent 1.1182208
Regular Market Day High 65.89
Regular Market Day Low 65.23
Regular Market Day Range 65.23 - 65.89
Regular Market Open 65.28
Regular Market Previous Close 64.835
Regular Market Price 65.56
Regular Market Time 1,791,821,522
Regular Market Volume 35,082
Short Name Roundhill Daily 2X Long Magnifi
Source Interval 15
Symbol MAGX
Total Assets 66,362,320
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 20.66571
Trailing Three Month Returns 20.66571
Triggerable 1
Two Hundred Day Average 54.461185
Two Hundred Day Average Change 11.098812
Two Hundred Day Average Change Percent 0.20379306
Type Disp ETF
Volume 35,082
Yield 0.019
Ytd Return 7.64996