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MAGS

GradeAChicago Board Options Exchange

Roundhill Magnificent Seven ETF

Active Equity · Roundhill Investments · Inception 2023-04-11 · SEC filings

$72.17−0.40 (−0.54%)

As of Sep 23, 2026, 3:10 PM EDT

History starts Apr 11, 2023.
Intraday session: down, 69 prints from 72.57 to 72.17. Range 71.92 to 72.91. Use the arrow keys to read each point.$72.00$72.40$72.8010 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$5.2B
1Y return
+12.3%
Yield · Last 12 months
1.35%
Holdings
16
Volume · 30D
4.1M sh
NAV per share
$72.64
52W range
low $55.09high $73.46

The ETF.net MAGS Grade

A

76/ 100

Rank 5 of 90 in US Active Growth⁠

Confidence Medium

Six-pillar profile for MAGS. Scores out of 100: Cost 97, Risk 31, Mission 63, Tradability 79, Holdings not scored, Durability 84. Strongest: Cost (97). Weakest: Risk (31). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 76 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 97
    Category rank5/90 · top 6%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    BScore 63
    Category rank18/27 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 31
    Category rank69/79 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 79
    Category rank9/90 · top 10%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 84
    Category rank10/90 · top 11%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on MAGS

ETF.net Research

ASeven stocks, one ticker. MAGS is an actively managed fund built entirely around the Magnificent Seven basket, launched in 2023 for people who want that trade whole rather than assembled by hand.

Stated mandate

The Fund is actively managed and seeks growth of capital through exposure to companies comprising the Magnificent Seven.

Why people hold it

  1. 01Packages the Magnificent Seven into a single actively managed position, so you skip buying and rebalancing seven separate stocks yourself.
  2. 02Charges 0.30% a year, less than the typical actively managed US growth fund it competes with.
  3. 03Among the most heavily traded funds in its category, which generally means low friction getting in and out.
  4. 04A billion-dollar-scale fund and one of the strongest implementations in its active US growth peer group.

Worth knowing

  1. 01Concentration is the whole design. With a handful of megacap names, one stock stumbling moves this fund far more than it would a broad index fund.
  2. 02Broader large-cap growth peers cost less: JUSA at 0.12% and FELG at 0.18%, though neither is a dedicated Magnificent Seven basket.
  3. 03The mandate is growth of capital, and payouts come annually or semiannually at most. Not built as an income holding.

MAGS Holdings

As of Sep 20, 2026, 5:42 AM
Asset class
Stocks
Holdings
16
Top-10 weight
96%
Largest holding
912797UJ443.7%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001912797UJ4United States Treasury Bill 10/08/202643.72%2,100,000,000$2.1B56
002XBOXRoundhill Ultra Short Duration No Dividend Target ETF7.29%3,467,734$350M1
003MSFTMicrosoft Corp6.92%671,444$332M792
004FGXXXFirst American Government Obligations Fund 12/01/20316.29%301,715,163$302M86
005METAMeta Platforms Inc6.15%443,566$295M683
006AAPLApple Inc5.46%778,193$262M707
00702079K305 TRS 081426 GSALPHABET INC SWAP GS5.20%713,884$250M1
008023135106 TRS 071426 NMAMAZON.COM INC SWAP5.15%973,932$247M1
009NVDANVIDIA Corp5.12%1,103,521$245M828
010594918104 TRS 081426 GSMICROSOFT CORP SWAP GS5.05%490,677$242M1
011AMZNAmazon.com Inc4.92%928,868$236M720
012037833100 TRS 071426 NMAPPLE INC SWAP4.90%698,901$235M1
01367066G104 TRS 071426 NMNVIDIA CORP SWAP4.84%1,043,735$232M1
014037833100 TRS 081426 GSAPPLE INC SWAP GS4.81%686,200$231M1
01530303M102 TRS 071426 NMMETA PLATFORMS INC-CLASS A SWAP4.81%346,212$230M1

Showing 1–15 of 28 holdings

MAGS Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

MAGS$11,229
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. MAGS $11,229. SPY $11,723. Use the arrow keys to read each point.$8,315$10,166$12,017Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for MAGS. Periods over one year show the average yearly return.
PeriodMAGS
Year to date+10.0%
1 month+7.9%
3 months+13.4%
1 year+12.3%
3 years+35.6%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MAGS
YearReturn barMAGS
2026 YTD+10.0%
2025+23.0%
2024+64.0%
2023+37.3%

Since listing, Apr 11, 2023

MAGS in the news

MAGS Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.35%Last 12 months
Payout per share
$0.98Last 12 months
Last payment
$0.98 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 27, 2023 $0.15; Dec 30, 2024 $0.44; Dec 30, 2025 $0.98. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.98
Dec 30, 2024Dec 31, 2024$0.44
Dec 27, 2023Dec 29, 2023$0.15

MAGS Risk

How much the fund’s monthly returns vary, scaled to a year.
22.0%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.15
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.9%
41 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.39
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

MAGS Cost

Expense ratio0.30%
  • The middle half of US Active Growth funds
  • Median 0.56%

2 of the 89 US Active Growth funds charge less.

MAGS costs $30.00 a year on $10,000. The median US Active Growth fund costs $56.00.