MAGS Stock: Roundhill Magnificent Seven ETF Profile & Analysis (2026)
A high-conviction 2x leveraged tool providing concentrated exposure to the world’s leading technology giants — Updated May 2026 with current AUM, expense ratio, holdings, and performance data.
MAGS stock represents the Roundhill Magnificent Seven ETF, a specialized financial instrument designed to provide 2x leveraged daily exposure to the “Magnificent Seven.” This group includes high-growth powerhouses like Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. While these firms are leaders in the semiconductor and software industries, investors must understand that this is a leveraged product meant for tactical use.
CRITICAL WARNING: MAGS is NOT intended for long-term holding. Due to its 2x daily reset mechanism, the fund is subject to “volatility decay,” which can cause the ETF to underperform its underlying assets over extended periods. It is designed strictly for short-term traders looking to capitalize on daily momentum in mega-cap tech. If you are seeking broad equity exposure, you might alternatively explore small cap aerospace & defense stocks or other diversified sectors.
Key Takeaways — MAGS Stock
MAGS seeks to deliver twice the daily return of an equal-weighted basket of the seven largest tech leaders, magnifying both gains and losses.
Unlike market-cap-weighted funds, MAGS rebalances quarterly to keep each of the seven stocks at a target weight of approximately 14.3%.
With an AUM approaching $4 billion and daily volume of 2-3 million shares, MAGS offers the liquidity required for rapid entry and exit.
The daily reset means that over periods longer than one day, the returns can deviate significantly from 2x the underlying basket’s performance.
MAGS — Live Price Chart
Real-time chart from TradingView.
MAGS ETF Vitals & Key Statistics
Core data as of May 2026.
| Data Point | Value | Data Point | Value |
|---|---|---|---|
| Full Name | Roundhill Magnificent Seven ETF | Ticker | MAGS |
| Issuer | Roundhill Financial Inc | Asset Class | U.S. Equity Technology |
| Index Tracked | Actively Managed (Mag 7 Equal Weight) | Structure | ETF |
| Expense Ratio | 0.29% | AUM | ~$3.97B |
| Inception Date | April 11, 2023 | Exchange | AMEX |
| No. of Holdings | 22 | Dividend Yield | Minimal |
| 52-Week High | $71.16 | 52-Week Low | $51.24 |
| Avg Daily Volume | ~2.5M shares | YTD Return | 5.88% |
| 1-Year Return | 33.18% | 5-Year Return | 40.14% (Projected) |
| Category | Leveraged Thematic Tech | Dividend Frequency | N/A |
MAGS Top 10 Holdings (May 2026)
Largest positions by weight. Click columns to sort.
| Rank | Ticker | Company Name | Sector | Weight % |
|---|---|---|---|---|
| 1 | NVDA | Nvidia Corp | Semiconductors | 14.3% |
| 2 | AAPL | Apple Inc | Consumer Electronics | 14.3% |
| 3 | MSFT | Microsoft Corp | Software/Cloud | 14.3% |
| 4 | GOOGL | Alphabet Inc | Internet/Search | 14.3% |
| 5 | AMZN | Amazon.com Inc | E-commerce/Cloud | 14.3% |
| 6 | META | Meta Platforms Inc | Social Media | 14.3% |
| 7 | TSLA | Tesla Inc | Automotive/AI | 14.3% |
| 8 | CASH | Cash Equivalents | Liquidity | 0.96% |
| 9 | MAGX | Roundhill Daily 2X Long Mag 7 | Derivative/Internal | 0.50% |
| 10 | OTHER | Swap Contracts | Derivatives | Balance |
MAGS — Pros & Cons
✓ Magnified Returns
Provides a powerful 2:1 ratio for capturing daily rallies in the world’s most dominant technology stocks.
✗ Volatility Decay
The daily reset mechanism ensures that losses compound faster than gains in a choppy or sideways market.
✓ Equal-Weight Exposure
Avoids over-concentration in just one name (like Apple or Microsoft) by maintaining a strict balance across all seven.
✗ Extreme Concentration
The fund is entirely reliant on only seven companies, offering zero protection if the tech sector faces a systemic downturn.
✓ Efficient Tactical Tool
Cheaper and easier for retail traders to gain leverage than using margin accounts or complex options strategies.
✗ High Management Risk
Active management of derivatives and swap contracts introduces counterparty risk not found in standard ETFs.
Who Should Consider MAGS?
Aggressive short-term day traders or swing traders who have a high conviction in the daily upward movement of the Mag 7 names.
Conservative “buy and hold” investors, retirement accounts, or those who cannot afford to lose their principal investment quickly.
There is a clear, catalyst-driven trend in the tech sector, such as positive earnings reports from multiple mega-cap leaders.
Standard brokerage accounts used for active trading; generally avoided in IRAs due to the high-risk nature and need for daily monitoring.
MAGS vs Similar ETFs
Key metrics comparison.
| ETF | Full Name | Expense Ratio | AUM | Holdings | Div Yield | YTD | Best For |
|---|---|---|---|---|---|---|---|
| MAGS ★ | Roundhill Magnificent Seven ETF | 0.29% | $3.97B | 22 | Minimal | 5.88% | 2x Leveraged Daily Tech Exposure |
| MAGX | Roundhill Daily 2X Long Mag 7 | 0.96% | $110M | 10 | 0.00% | 11.5% | Extreme Leverage Seekers |
| QQQ | Invesco Nasdaq 100 ETF | 0.20% | $250B+ | 101 | 0.60% | 4.5% | Long-term Growth Investors |
| XLK | Technology Select Sector SPDR | 0.09% | $65B | 65 | 0.72% | 3.8% | Low-cost Broad Tech Sector |
MAGS Technical Analysis
Real-time buy/sell signals.
MAGS — Risks & Considerations
Daily Reset Compounding
Because the 2x leverage resets daily, the math of compounding can work against you in volatile markets, leading to losses even if the underlying index is flat over a week.
Concentration Hazard
With only seven companies in the basket, any regulatory action, antitrust lawsuit, or earnings miss by a single giant like Nvidia or Apple can significantly sink the entire fund.
Leverage Magnification
A 10% drop in the underlying tech stocks would result in an approximate 20% loss for MAGS shareholders in a single day, which can trigger margin calls for active traders.
Path Dependency
The performance of MAGS depends heavily on the specific sequence of daily returns, not just the starting and ending price of the Magnificent Seven stocks.