Roundhill Magnificent Seven ETFRoundhill Magnificent Seven ETFRoundhill Magnificent Seven ETF

Roundhill Magnificent Seven ETF

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Key stats

Assets under management (AUM)
‪699.38 M‬USD
Fund flows (1Y)
‪624.73 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
2.7%

About Roundhill Magnificent Seven ETF

Issuer
Roundhill Financial, Inc.
Brand
Roundhill
Expense ratio
0.29%
Inception date
Apr 11, 2023
Index tracked
No Underlying Index
Management style
Active
MAGS, at the time of launch, is the first-ever FAAMG ETF in the US market space. The funds strategy targets a narrow portfolio of 5-10 stocks publicly known as tech giants. The exposure attempts to capture the largest companies in the following industries: social media, e-commerce, consumer discretionary, cloud computing, tech hardware, and software. On an annual basis, the adviser reviews the US tech universe to select the largest companies based on market cap, trading volume, and sector relevance. The holdings are equally weighted in the portfolio and rebalanced on a quarterly basis. As an actively managed fund, the funds adviser has full discretion in managing the portfolio. From time to time, 100% of the funds assets may be invested in US treasury securities, money market funds, and/or short-term bond ETFs. Holdings may include common stocks and ADRs, however the fund primarily gains exposure through the use of swaps and forward contracts. Prior to Nov. 9, 2023, the fund was called Roundhill BIG Tech ETF, trading under the ticker BIGT.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Big Tech
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Government
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy