Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) closed at $58.18 on October 23, 2026, down 1.4% from the previous close, on volume of 34,251 shares (30-day average 43,781).
Data as of October 23, 2026.
23-Oct-2026
No press releases found.
Broader S&P 500 set to outpace Mag 7 in earnings growth for first time since 2022
Seeking Alpha News (Mon, 19-Oct 2:39 PM ET)
The Roundhill Daily 2X Long Magnificent Seven ETF (the "Fund") seeks daily leveraged investment results, before fees and expenses, that correspond to two times (2X) the performance of the Roundhill Magnificent Seven ETF (the "Magnificent Seven ETF"). As a result, the Fund may be riskier than alternatives that do not use leverage because the Fund's objective is to magnify the daily performance of the Magnificent Seven ETF. The Fund seeks daily investment results, before fees and expenses, of two times (2X) the daily performance of the Magnificent Seven ETF. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The "Magnificent Seven" is a commonly used market term to refer to the following seven technology companies Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla.
Roundhill Daily 2X Long Magnificent Seven ETF trades on the NASDAQ stock market under the symbol MAGX.
As of October 23, 2026, MAGX stock price declined to $58.18 with 34,251 million shares trading.
MAGX has a beta of 3.29, meaning it tends to be more sensitive to market movements. MAGX has a correlation of 0.76 to the broad based SPY ETF.
MAGX has a market cap of $65.74 million. This is considered a Micro Cap stock.
MAGX has underperformed the market in the last year with a price return of +4.8% while the SPY ETF gained +14.3%. However, in the short term, MAGX had mixed performance relative to the market. It has outperformed in the last 3 months, returning +19.6% vs +3.2% return in SPY. But in the last 2 weeks, MAGX shares have been beat by the market, returning -10.3% compared to an SPY return of -2.4%.
MAGX support price is $57.60 and resistance is $60.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MAGX shares will trade within this expected range on the day.
