Roundhill Magnificent Seven ETF Price & Performance (MAGS)

Signs of easing U.S.-China tensions and assurances on Federal Reserve leadership propelled tech stocks upward, with the 'Magnificent Seven' collectively adding $455 billion in market value. The Roundhill Magnificent Seven ETF (MAGS) surged 6.7% over two days, led by strong gains from Tesla, Nvidia, Meta, and Amazon.123

Roundhill Investments has introduced the Magnificent Seven Covered Call ETF (MAGY), offering investors a new way to generate income from leading tech stocks. The actively managed fund employs a covered call strategy and debuted with a 1.28% expense ratio, aiming to balance growth potential with income generation.425

Recent ETF launches highlight a trend toward specialized, tech-centric funds. Roundhill expanded its lineup with the Magnificent Seven Covered Call ETF (MAGY), while other providers introduced leveraged and thematic ETFs. These offerings reflect investor demand for targeted exposure to high-growth technology and options-based income strategies.425