Effective upon the open of trading on November 9, 2023, the Fund’s ticker symbol changed from “BIGT” to “MAGS” and the Fund’s name was changed from the Roundhill BIG Tech ETF to the Roundhill Magnificent Seven ETF.
The Roundhill Magnificent Seven ETF offers investors precise exposure to the “Magnificent Seven”.
Trade all of the Magnificent Seven in a single ticker
Highly-liquid*, precise exposure to the Magnificent Seven
Tax and cost efficient structure**
The Roundhill Magnificent Seven ETF (“MAGS ETF”) pursues its investment objective of capital appreciation by seeking exposure to between five and ten companies (“Underlying Issuers”) in the Technology Hardware Industry; E-Commerce Discretionary Industry; Internet Media & Services Industry; and Software Industry (collectively, the “Technology industry”). Roundhill selects the Underlying Issuers based on market capitalization, trading volumes, and sector relevance, in an attempt to identify the largest and most liquid companies representative of the Technology Industry.
The Adviser plans to reconstitute the portfolio on an annual basis, if applicable, and rebalance on a quarterly basis. Upon rebalance, the portfolio will be equal-weighted.
Holdings subject to change.
*Liquidity refers to the efficiency or ease with which an asset or security can be converted into ready cash without affecting its market price.
**Normal brokerage fees apply.
Ticker
MAGS
Primary Exchange
Nasdaq
Expense Ratio
0.29%
AUM
Launch
4/11/23
Underlying Issuers
7
ETF Options
Yes
CUSIP
53656G498
Shares Outstanding
As of TBD
Net Asset Value
Change ($)
Change (%)
Closing Price
Change ($)
Change (%)
1 Year
As of TBD
Since Inception (4/11/23)
As of TBD
The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the Primary Exchange official closing price. Brokerage commissions will reduce returns
As of TBD
| Name | Weight |
|---|
Weight calculation combines stock position with position held via total return swaps.
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.
As of
NAV
Premium/Discount
30-Day Median Bid/Ask Spread
MAGS launched on April 11, 2023.
Quarterly.
To the best of our knowledge, those who can buy US-listed stocks and ETFs should be able to access MAGS. Please check your brokerage platform or with your financial advisor.
The current expense ratio is 0.29%.
On the Nasdaq.
Yes.
Yes.
MAGS consists of the stocks known as the Magnificent Seven, which are seven equal-weighted U.S. listed equity securities selected based on market capitalization, trading volumes, and sector relevance, in an attempt to identify the largest and most liquid companies representative of the Technology industry.
The average counterparty credit rating amongst the fund's swap positions is currently A- (S&P)*
*Credit quality ratings reflect the credit quality of the swap counterparties and are not representative of the quality of the investments themselves. Quality ratings are subject to change. S&P assigns credit quality ratings ranging from AAA as the highest to D as the lowest.
Invest in Apple, Microsoft, Alphabet, and more.
