Roundhill Magnificent Seven ETF

Seven stocks, Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla, have driven an outsized share of the US market's gains, and MAGS packages exactly those names and nothing else. Roundhill launched it in April 2023 as the first ETF built to hold only the so-called Magnificent Seven. The fund weights the seven roughly equally and rebalances quarterly, using total-return swaps alongside the shares to keep the positions in line. That equal-ish weighting is the point: rather than let the biggest company dominate, it gives each of the seven a similar say, so a surge in any one name matters. It is a concentrated bet on mega-cap technology and the AI trade, with none of the diversification a broad index provides. Investors use it to express a single conviction that these particular giants keep outrunning the rest of the market.

On MyRWA, MAGS trades tokenized across 1 on-chain venue - see the listings below.