See what your fund actually adds
Roundhill Daily 2X Long Magnificent Seven ETF MAGX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | MAGX | Replication |
|---|---|---|
| Annualized growth | 43.3% | 24.8% |
| Annualized volatility | 50.5% | 21.8% |
| Sharpe ratio | 0.96 | 1.12 |
| Maximum drawdown | 49.1% | 22.9% |
| Replication fit (R²) | 0.59 · Tracking error 32.3% | |
Replication portfolio
The published portfolio below is the investable basket used to model MAGX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLK | Sector · Technology | 54.6% |
| VUG | Style · Growth | 45.4% |