Roundhill Daily Inverse Magnificent Seven ETF

MAGQ is an actively managed fund-of-funds aiming to provide (-1x) inverse exposure to the daily price movement of the Roundhill Magnificent Seven ETF (MAGS) through derivative instruments such as swaps.

Roundhill S&P Dividend Monarchs ETF

Roundhill Alerian LNG ETF

Roundhill S&P Global Luxury Etf

NEW YORK , Nov. 6, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced plans to close and liquidate the following ETFs: Fund Name Ticker CUSIP Roundhill Alerian LNG ETF LNGG 53656G423 Roundhill S&P® Global Luxury ETF LUXX 53656G431 Roundhill S&P® Dividend Monarchs ETF KNGS 77926X106 Roundhill Daily Inverse Magnificent Seven ETF MAGQ 77926X809   Based on the recommendation of Roundhill Financial Inc. (the "Adviser"), the Board of Trustees for Listed Funds Trust and Roundhill ETF Trust determined it would be in the best interests of the Funds and their shareholders to liquidate each of the Funds. Shares of the Funds will cease trading on the listing exchange following the market close on November 27, 2024.

Roundhill Investments Announces Changes to ETF Lineup

Roundhill Investments this year launched an inverse Mag 7 ETF aiming for daily -100% return on the biggest mega-caps of our time, the Roundhill Daily Inverse Magnificent Seven ETF. The MAGQ ETF is a small fund with assets under management of a little over $600,000, investing in equal-weighted Mag 7 swaps with a reasonable 0.95% expense ratio. The strategy involves betting against Mag 7 stocks' high valuations, utilizing technical indicators to time entry and exit points to offset losses on long positions.

MAGQ: A Loss-Offset Play For When The Magnificent 7 Magic Fades

USCF Aluminum Strategy Fund

Abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

United States Copper Index Fund

Tuttle Capital Short Innovation ETF

Last week witnessed the largest collective loss for the "Magnificent Seven" technology-related stocks due to higher rates and rich valuation of those stocks.

ETF Winners Amid Last Week's Record Loss in "Magnificent 7"

Roundhill Magnificent Seven ETF

Roundhill Daily 2X Long Magnificent Seven ETF

MAX S&P 500 4X Leveraged ETN

Investors can now make turbocharged bets on or against the Magnificent Seven group of stocks due to the launch of an exchange-traded product offering five times leverage on the hot megacap technology sector. Of course, that doesn't mean they should.

A new product allows 5x leveraged bets on the Magnificent Seven. Traders should be wary.

Xtrackers MSCI China A Inclusion Equity ETF

Changebridge Capital Long Short Equity ETF

Xtrackers MSCI All China Equity ETF

Xtrackers MSCI Germany Hedged Equity ETF

Fidelity Growth Opportunities ETF

Fidelity New Millennium ETF

KraneShares Bloomberg China Bond Inclusion Index ETF

Kraneshares China Innovation ETF

KraneShares Global Carbon Offset Strategy ETF

Xtrackers RREEF Global Natural Resources ETF

Optimize AI Smart Sentiment Event-Driven ETF

SPDR S&P 500 ETF Trust

Fidelity Fundamental Small-Mid Cap ETF

SGI Enhanced Global Income ETF

PGIM US Large-Cap Buffer 12 ETF - March

PGIM US Large-Cap Buffer 20 ETF - March

Swan Enhanced Dividend Income ETF

SGI Enhanced Core ETF

The week ending March 1 brought 17 new ETFs into the market, including funds from Fidelity, First Trust, Innovator, AllianzIM, YieldMax, Miller Value Partners, and newcomer Regan Capital. DWS also rolled out its first actively managed ETF with the launch of the Xtrackers RREEF Global Natural Resources ETF (NRES) on the Nasdaq.

This Week in ETFs: DWS Adds First Active ETF

News for Roundhill Daily Inverse Magnificent Seven ETF ETF (MAGQ)