MAGS ETF — Roundhill Magnificent Seven ETF

Roundhill Magnificent Seven ETF (MAGS)

MAGS is an ETF linked to Magnificent Seven stocks (equal-weight). As of September 3, 2026, its trailing-12-month yield is 1.39%, its expense ratio is 0.30%. Total return is 195.7% over the past 3.4 years, 99.1 points ahead of SPY at 96.6%.

Roundhill Magnificent Seven ETF is an actively managed exchange-traded fund that provides equal-weight exposure to the "Magnificent Seven"—a group of seven large-cap companies recognized for their dominance in technological innovation. The fund carries a modest current distribution rate with annual distributions and has an expense ratio of 0.30%. It appeals to growth-oriented investors seeking concentrated exposure to major technology companies, though it is non-diversified and carries the risks associated with active management and sector concentration.

MAGS performance versus SPY

Data as of September 3, 2026.

Total return is 195.7% over the past 3.4 years, 99.1 points ahead of SPY at 96.6%. Its deepest 1-year drawdown was 18.6%.

MAGS key facts

Data as of September 3, 2026.

Issuer

Roundhill Investments

Asset type

ETF

Asset class

Equity

Inception date

04/11/2023

Expense ratio

0.30%

Distribution frequency

None

Trailing yield

1.39%

Last close

$70.43

NAV

$68.77

Premium / discount

2.41% premium

AUM

$4,193,649,387

Average volume

5876941.0

Last ex-dividend date

12/30/2025

Last payment date

12/31/2025

Beta

1.33

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.39%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: Roundhill Investments or company page; Index: Magnificent Seven stocks (equal-weight); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MAGS risks and drawbacks

The deepest 1-year drawdown on record here is 18.6%.

Who may consider MAGS — and who may not

It is a weaker fit for investors who need monthly cash flow (MAGS does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Compare MAGS

MAGS vs similar funds:

• MAGS vs QQQ
• MAGS vs SPMO

Frequently asked questions

More securities from Roundhill Investments.