MAGS
Magnificent Seven ETF
MAGS tracks equal weight exposure to the “Magnificent Seven” stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla-- via both common stock and derivatives.
US
EQUITY
Active
MANAGEMENT STYLE
3.3 B
ASSETS UNDER MGMT
29 bp
EXPENSES
Fund Basics
| Fund sponsor | Roundhill |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 11, 2023 |
| Assets (mns) | $3,270 |
| Expense ratio | 29 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annual |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| UNITED STATES TREASURY BILL 10/16/2025 | 51.2 % |
| NVIDIA CORP SWAP | 7.4 % |
| ALPHABET INC-CL A SWAP | 7.0 % |
| TESLA INC SWAP | 6.5 % |
| MICROSOFT CORP SWAP | 6.3 % |
| APPLE INC SWAP | 5.6 % |
| AMAZON.COM INC | 5.4 % |
| AMAZON.COM INC SWAP | 5.2 % |
| META PLATFORMS INC-CLASS A SWAP | 5.1 % |
| ALPHABET INC SWAP GS | 5.0 % |
Asset Allocation
Historical Performance
Standardized Performance (as of 09/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 19.2% | 36.0% | 47.6% | -- | -- | -- | -- | 48.4% |
| Dividend Yield | 0.0% | 0.0% | 0.3% | -- | -- | -- | -- | 0.3% |
| Total Returns | 19.2% | 36.0% | 47.9% | -- | -- | -- | -- | 48.7% | Ann. Volatility | 33.3% | 31.4% | 28.5% | -- | -- | -- | -- | 27.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.34 | 65% |
| MSCI EAFE | 0.27 | 3% |
| MSCI Emg Mkts | 0.28 | 3% |
Liquidity Measures
| Avg. volume (000) | 2,599 |
| ADV traded (mns) | $163 |
| Turnover | 5.0% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| Recent close | $62.79 |
| 30d moving avg. | $62.74 |
| Annualized volatility | 20.9% |
| Relative strength (RSI) | 63 |
| Short interest | 4.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 402 |
| Avg. Expense Ratio | 63.7 bp |
| Std. Deviation | 35.5 bp |
| MAGS (29 bp) Percentile rank | 16 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| MAGS | 29.0 | 1.5 | 30.5 |
| Peer Avg. | 63.7 | 20.8 | 84.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .