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As of September 15, 2026, Roundhill Magnificent Seven ETF (MAGS) trades at $70.10. RSI at 69 is in neutral territory, and the price is above its 50-day average of $67.42.
Roundhill Magnificent Seven ETF (MAGS)
Roundhill Magnificent Seven ETF CBOE
$70.10
0.2100 (0.30%)
At close: Sep 14, 4:00 PM EDT
AI Analyst Consensus
75 / 100
The Roundhill Magnificent Seven ETF (MAGS) offers concentrated exposure to seven of the largest U.S. technology and technology-adjacent companies, including Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. This actively managed ETF employs an equal-weight strategy to prevent single holdings from disproportionately influencing performance. Its strategy is designed for investors seeking targeted access to major players driving innovation in internet services, cloud computing, digital advertising, consumer electronics, software, e-commerce, electric vehicles, and semiconductors. The fund's recent performance shows a YTD return of 4.19%, trailing its category return of 13.51%, and its 1-year return of 16.67% also lags the category's 54.99%.
MAGS Price Analysis
Market Metrics
Open
$69.68
Day Range
$69.42 to $70.51
Prev Close
$69.89
Volume
3.19M
52-Week Range
$55.08 to $71.16
Market Cap
$1.62B
MAGS Fund Facts
Roundhill Magnificent Seven ETF is an actively managed exchange-traded fund designed to provide concentrated exposure to the “Magnificent Seven” technology and technology-adjacent leaders: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. The fund seeks to capture the performance of these large-cap companies through a strategy that emphasizes equal-weight exposure, helping prevent any single holding from dominating the portfolio.
Issuer
Roundhill Investments
Category
Technology
Inception
Apr 10, 2023
Expense ratio
0.30%
Net assets
$4.28B
NAV
$69.26
Distribution yield
1.42%
YTD return
4.19%
Turnover
27.00%
Trailing returns vs category
| Period | MAGS | Category |
|---|---|---|
| YTD | 4.19% | 13.51% |
| 1 month | 4.24% | 19.10% |
| 3 months | -2.64% | 10.83% |
| 1 year | 16.67% | 54.99% |
| 3 years | 31.34% | 27.86% |
| 5 years | N/A | 9.93% |
| 10 years | N/A | 19.36% |
Fund reference data as of Sep 15, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
MAGS Analysis
AI Technical Analysis
The Roundhill Magnificent Seven ETF (MAGS) is currently trading above its 20-day, 50-day, and 200-day simple moving averages, signaling a strong uptrend. The 50-day SMA is at $67.42 and the 200-day SMA is at $65.44, with the current price of $70.10 indicating support at these levels. The Relative Strength Index (RSI) is at 68.93, which is considered bullish momentum, and the Stochastic Oscillator is in overbought territory at 80.34, suggesting potential for consolidation or a continued upward move. The MACD is positive at 0.71, further supporting the bullish trend.
ProTips
- Monitor the earnings reports of the Magnificent Seven companies closely, as these will be key drivers of MAGS' performance.
- Consider the high concentration risk; MAGS is not a diversified investment and should be part of a broader portfolio.
- Stay informed about sector rotation trends within technology and large-cap growth stocks.
- Evaluate the ETF's performance against its category and benchmark to assess its relative strength.
Market Outlook
The outlook for the Roundhill Magnificent Seven ETF (MAGS) is cautiously optimistic, driven by the continued dominance of its underlying holdings in key technology sectors. The ETF's price is currently exhibiting strong bullish momentum, trading above critical moving averages with a bullish RSI. The concentration in companies like Nvidia and Microsoft, which are at the forefront of AI and cloud computing, suggests potential for continued growth. However, investors must remain aware of the inherent risks associated with such a concentrated portfolio. Any significant negative news or regulatory action affecting these specific companies could disproportionately impact MAGS. The ETF's performance will likely remain closely tied to the earnings and strategic execution of the Magnificent Seven, making it a act on the continued success of these tech giants.
Market Correlations
How this etf moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)
+0.88
Strong correlation
Nasdaq 100 (QQQ)
+0.89
Strong correlation
Bitcoin (BTC)
+0.41
Moderate correlation
Gold (XAU)
+0.09
Weak correlation
Check Custom Correlation
How does any other asset move with MAGS? One year of daily closes, Pearson correlation.
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Key Statistics
| Net Assets (Market Cap) | 1.62B |
|---|---|
| Expense Ratio | 0.2900% |
| Yield | 1.39% |
| Day High | $70.51 |
| Day Low | $69.42 |
| 52 Week High | 71.16 |
| 52 Week Low | 55.08 |
The Roundhill Magnificent Seven ETF (MAGS) focuses on a highly concentrated portfolio of seven large-cap technology companies, which are leaders in their respective fields. The underlying sector, Technology, exhibits strong median metrics with a Price/Earnings ratio of 34, a Price/Sales ratio of 7.5, a Return on Equity of 13.4%, and a revenue growth rate of 24.1%. This concentration, while offering targeted exposure, also presents a significant risk if these few dominant companies face headwinds. The fund's expense ratio is 0.30%, costing $30.00 per $10,000 invested annually, and its net assets stand at $4.28 billion.
Earnings & Growth Analysis
Its performance is directly tied to the aggregate earnings trends of its seven Magnificent Seven holdings. These companies are generally characterized by high growth and significant profitability, contributing to the technology sector's strong revenue growth of 24.1%. Investors should monitor the earnings reports of Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, as any significant deviations from expectations could impact the ETF's performance.
Key Risks
The primary risk for the Roundhill Magnificent Seven ETF (MAGS) is its extreme concentration in only seven stocks. A significant downturn in any one of these companies, or a broad sector rotation away from large-cap technology, could lead to substantial losses. Also, the fund's performance is heavily reliant on the continued success and innovation of these specific businesses, making it susceptible to company-specific risks.
Technical Indicators
| RSI (14) | 68.93 |
|---|---|
| MACD | 0.71 |
| SMA 50 | 67.42 |
| SMA 200 | 65.44 |
RSI
Bullish
SMA Cross
Bullish
Price vs SMA
Bullish
MACD
Bullish
Golden Cross in effect with the 50-day SMA ($67.42) above the 200-day SMA ($65.44), price action is firmly bullish above key moving averages.
MAGS Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative
2%
Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Long entry pick an entry style
Conservative
$68.70
2% below current price (Pullback entry)
Lower risk, wait for pullback
Aggressive
$70.10
Buy at current price
Higher risk, immediate entry
Risk Management
STOP LOSS
$66.64
MAX LOSS
-3.0%
Volatility-Adjusted Stop Loss
Calculated based on RSI (68.9) and current market volatility
Profit Targets (Based on Conservative Entry)
TARGET 1
$72.13
+5% (Conservative)
+2.9% (Aggressive)
TARGET 2
$75.57
+10% (Conservative)
+7.8% (Aggressive)
TARGET 3
$79.00
+15% (Conservative)
+12.7% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
Calculate Your Trade
ETF Investment Disclaimer
This AI-generated analysis of MAGS is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on September 15, 2026.Growth of $10,000
A $10,000 investment in MAGS in April 2023 would be worth about $28,652 today, compared with about $18,571 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in MAGS today could grow to about $40,550 by 2036 in the base case, with a bull case near $115,232 and a bear case around $14,269. Projections are statistical simulations, not guarantees.
MAGS ETF Price Prediction: 2030
CleaRank's simulation projects a price near $123 for MAGS by 2030 in the base case, from $70.10 today (1.8x over 4 years). The downside path ends near $63.39. These are outcomes of a Monte Carlo simulation run on MAGS's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | Downside (10th pct) | Base case | Upside (90th pct) |
|---|---|---|---|
| 2027 | $57.95 | $80.63 | $112 |
| 2028 | $58.14 | $92.75 | $148 |
| 2029 | $60.21 | $107 | $189 |
| 2030 | $63.39 | $123 | $238 |
| 2031 | $67.45 | $141 | $295 |
| 2032 | $72.30 | $162 | $365 |
| 2033 | $77.95 | $187 | $448 |
| 2034 | $84.41 | $215 | $547 |
| 2035 | $91.75 | $247 | $666 |
| 2036 | $100 | $284 | $808 |
Method: 10,000 simulated price paths using MAGS's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.
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Frequently Asked Questions
What is the expense ratio for the Roundhill Magnificent Seven ETF (MAGS)?
The Roundhill Magnificent Seven ETF (MAGS) has an expense ratio of 0.30%, which translates to an annual cost of $30.00 for every $10,000 invested.
What sectors does the Roundhill Magnificent Seven ETF (MAGS) concentrate in?
The Roundhill Magnificent Seven ETF (MAGS) is highly concentrated in the Technology sector, specifically focusing on seven major U.S. companies involved in internet services, cloud computing, digital advertising, consumer electronics, software, e-commerce, electric vehicles, and semiconductors.
How has the Roundhill Magnificent Seven ETF (MAGS) performed against its category?
In the year-to-date period, MAGS returned 4.19% compared to its category's 13.51%. Over the past year, MAGS returned 16.67% while its category returned 54.99%.
What is the price prediction for MAGS ETF in 2030?
Based on Monte Carlo simulations, the base case price prediction for MAGS ETF in 2030 is $122.72. The downside scenario suggests a price of $63.39, while the upside scenario projects $237.57. These figures represent statistical simulation outcomes, not price targets or guarantees.
What are the key technical levels for the Roundhill Magnificent Seven ETF (MAGS)?
The Roundhill Magnificent Seven ETF (MAGS) is currently trading above its 50-day Simple Moving Average of $67.42 and its 200-day Simple Moving Average of $65.44, indicating strong support at these levels.
What is the dividend yield for the Roundhill Magnificent Seven ETF (MAGS)?
The Roundhill Magnificent Seven ETF (MAGS) has a dividend yield of approximately 1.39%.
What are the main risks associated with the Roundhill Magnificent Seven ETF (MAGS)?
The primary risk is the ETF's extreme concentration in only seven stocks, making it vulnerable to individual company performance and sector-specific downturns or rotations.
How does the Roundhill Magnificent Seven ETF (MAGS) differ from a broad market ETF?
Unlike broad market ETFs that offer diversification across hundreds or thousands of stocks, MAGS provides highly concentrated exposure to a select group of seven large-cap technology companies, leading to potentially higher volatility and sector-specific risk.