MAGX

📎 Investment Objective

The Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Roundhill Magnificent Seven Index.

✨ Key Features

• Provides 2x leveraged exposure to the largest U.S. stocks
• Resets daily, seeking to track 2x the daily performance of the index
• Invests in derivatives and other instruments to achieve its leverage objective
• Relatively high expense ratio compared to non-leveraged index funds

⚠️ Primary Risks

• Significant risk of loss due to the leveraged nature of the fund
• Potential for increased volatility and larger daily losses compared to the underlying index
• Tracking error risk, as the fund may not perfectly achieve its 2x daily target
• Counterparty risk associated with the derivatives used to achieve leverage

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged products and are seeking short-term, speculative exposure to the largest U.S. stocks. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.