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MAGX vs WX

Roundhill Daily 2X Long Magnificent Seven ETF

MAGXCCboe

Corgi All World 2x Daily ETF

WXCCboe

Overlap

Expense ratio

WX −0.75pt a year

MAGX0.95%WX0.20%

Avg volume · 30D

MAGX 200.3×the volume

MAGX57.1KWX285

MAGX vs WX Performance

Jul 31, 2026 – Oct 30, 2026

+4.7%MAGX−3.2%WX

Jul 31, 2026 to Oct 30, 2026. MAGX +4.7%. WX −3.2%. Use the arrow keys to read each point.0%10%15%20%25%Jul 2026Sep 2026Oct 2026
Expense ratio
MAGX 0.95%
WX 0.20%, better
Fund size
MAGX $63M
WX $1M
1Y total return
MAGX −7.4%
WX No data
Yield (12M)
MAGX 2.11%
WX No data
Holdings
MAGX 4
WX 1
Avg volume (30D)
MAGX 57.1K sh, better
WX 285 sh
NAV per share
MAGX $55.51
WX $22.96
52W range

ETF.net Grade

MAGX: Cost 51, Risk 44, Mission 83, Tradability 70, Holdings 44, Durability 60. WX: Cost 100, Risk 71, Mission not scored, Tradability 31, Holdings not scored, Durability 23.
Pillar letters and Scores for MAGX, WX, with each pillar’s weight
PillarMAGXWX
Cost30% weightC51A100Higher
Mission25% weightA83Not scored
Risk15% weightC44A71Higher
Tradability15% weightA70HigherD31
Holdings10% weightC44Not scored
Durability5% weightB60HigherF23

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MAGX and WX are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

MAGX ranks 22nd and WX 37th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 20BYCLProShares Ultra YenScore 55
  2. Rank 22CMAGXRoundhill Daily 2X Long Magnificent Seven ETFScore 54
  3. Rank 22CSAAProShares Ultra SmallCap600Score 54
  4. Rank 37CWLDULeverage Shares 2x Long World SScore 40
  5. Rank 37CWXCorgi All World 2x Daily ETFScore 40
  6. Rank 37CXBIXCorgi U.S. Biotech 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

MAGXCRoundhill Daily 2X Long Magnificent Seven ETF

WXCCorgi All World 2x Daily ETF

In short

MAGX Most leveraged funds amplify a broad index. MAGX amplifies seven stocks, aiming for two times the daily move of Roundhill's own equal-weight Magnificent Seven fund, at 0.95% net of a waiver through May 1, 2027.

WX No data

Stated mandate

MAGX The Fund seeks daily leveraged results equal to two times the performance of the Roundhill Magnificent Seven ETF over a single trading day.

WX No data

Why people hold it

  • MAGX A scalpel, not a shovel. The reference basket is seven mega caps held at equal weight and rebalanced quarterly, not the broad benchmarks behind leveraged peers like ROM and QLD.roundhillinvestments.com
  • 0.95% a year, net of a waiver through May 1, 2027, lands near the leveraged-bull median and level with DDM. QLD is cheaper at 0.89% net of a waiver through September 30, 2027.
  • Exposure runs through total return swaps plus Mag 7 ETF shares inside a 1940 Act fund, and it has hit its stated 2x daily mark closely for a daily-reset product.roundhillinvestments.com
  • Listed in 2024 as the geared sibling of the fund Roundhill bills as the first ETF built on the Magnificent Seven, so basket and leverage live under one roof.roundhillinvestments.com

WX No data

Worth knowing

  • MAGX The 2x resets every day. Over longer holds returns compound, and the filings note a choppy, flat stretch in the basket can still leave the fund down.sec.gov
  • Leverage on seven names runs hot: the prospectus states an investor could lose the full principal in one day if the basket falls more than 50%.roundhillinvestments.com
  • Roundhill frames it as a short-term trading tool for sophisticated market participants, not a set-and-forget holding.roundhillinvestments.com

WX No data

Full MAGX profile⁠

Full WX profile⁠

MAGX vs WX Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MAGX vs WX Cost

Overpaying MAGX vs WX

$13,714

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MAGX 0.95%

    $17,869

  • WX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • MAGX 0.95%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MAGX $17,869WX $4,155

Year by year

YearMAGXWXOverpaying
10$1,678$365$1,313
20$6,322$1,421$4,901
30$17,869$4,155$13,714

Expense ratio

  • 0.95%MAGX
  • 0.20%WX, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

WX cheapest of 95 funds

MAGX 32nd cheapest of 95 funds

MAGX vs WX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MAGX 2.11%
WX No data
Payout (12M)
MAGX $1.17
WX None
Last payment
MAGX $1.17
WX No data
Ex-dividend
MAGX Dec 30, 2025
WX No data
Paid on
MAGX Dec 31, 2025
WX No data
Frequency
MAGX Irregular
WX No data

Distribution history

Per share, 2024 to 2026, same scale for both

MAGXIrregular · 2 paymentsAll MAGX payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 30, 2024 $0.40; Dec 30, 2025 $1.17. Use the arrow keys to read each point.$0$12026YTD
WXAll WX payments⁠

No distribution history available.

MAGX vs WX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MAGX 43.4%since Mar 2024WX No data
Return per unit of riskSharpe ratio, 3 years
MAGX 0.80since Mar 2024WX No data
Worst fallMax drawdown, 5 years
MAGX −54.2%since Feb 2024WX No data
Market sensitivityBeta, 5 years
MAGX 2.96WX 2.76

Popular comparisons

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