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NASDAQ:MAGQ

Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) Price, Holdings, & News

About Roundhill Daily Inverse Magnificent Seven ETF (NASDAQ:MAGQ)

Advanced Chart

Key Stats

Today's Range
N/A
50-Day Range
$18.12
$20.53
52-Week Range
N/A
Volume
100 shs
Average Volume
1,748 shs
Market Capitalization
$945,000.00
Assets Under Management
$937,000.00
Dividend Yield
N/A
Net Expense Ratio
0.95%
Aggregate Rating
N/A

ETF Overview

The Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds aiming to provide (-1x) inverse exposure to the daily price movement of the Roundhill Magnificent Seven ETF (MAGS) through derivative instruments such as swaps. MAGQ was launched on Feb 29, 2024 and is issued by Roundhill.

Roundhill Daily Inverse Magnificent Seven ETF Expenses

TypeMAGQTheme ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.95%0.57%0.55%0.50%0.52%
Other Expenses0.00%0.57%0.49%0.41%0.53%
Total Expense0.95%0.73%0.71%0.64%0.71%
Fee Waiver0.00%-0.74%-0.51%-0.31%-0.56%
Net Expense0.95%0.60%0.61%0.57%0.59%
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MAGQ ETF News Headlines

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Fund Details

Issuer
Roundhill Investments
Fund Name
Roundhill Daily Inverse Magnificent Seven ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:MAGQ
Inception Date
2/29/2024
Fund Manager
Andrew Serowik, Todd Alberico, Gabriel Tan, Brian Cooper
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Theme
Development Level
Developed Markets
Region
North America
Number of Holdings
2

Fund Statistics

Assets Under Management
$937,000.00
Average Daily Volume
$0.00
Discount/Premium
-0.01%
Leveraged
-1.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Roundhill Financial Inc.
Custodian
U.S. Bank, N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
U.S. Bancorp Fund Services, LLC
Trustee
N/A
Lead Market Maker
Flow Traders

Options

Optionable
N/A
Short Interest
200 shs

Miscellaneous

Beta
-1.68
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This page (NASDAQ:MAGQ) was last updated on 1/15/2025 by MarketBeat.com Staff
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