Performance analysis of MAGX (ROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF)
Annual Return
Since Feb 29, 2024, MAGX has had an average annual return of +38.91%, outperforming the benchmark SPY, which returned +18.65% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -4.08% | +26.18% | +81.17% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.24% | -15.27% | -11.57% | +29.39% | +11.85% | -17.27% | +7.19% | -4.08% | |||||
| 2025 | +2.64% | -15.85% | -21.71% | -4.10% | +28.32% | +11.23% | +10.02% | +3.23% | +15.97% | +8.36% | -4.27% | -0.22% | +26.18% |
| 2024 | +0% | +2.96% | -5.06% | +15.35% | +18.93% | -2.87% | -3.37% | +11.98% | -1.13% | +15.93% | +12.16% | +81.17% |
Drawdown analysis of MAGX (ROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF)
The maximum drawdown for the MAGX was -54.18%, occurring on Apr 21, 2025. Recovery took 100 trading sessions.
The current MAGX drawdown is -12.56%.
Since Feb 29, 2024 MAGX has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 3 times
- 20% or more: 4 times
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.18% | Dec 17, 2024 | 83 | Apr 21, 2025 | 100 | Sep 12, 2025 | 183 |
| -37.23% | Oct 29, 2025 | 103 | Mar 30, 2026 | 32 | May 14, 2026 | 135 |
| -34.50% | Jul 10, 2024 | 20 | Aug 7, 2024 | 65 | Nov 7, 2024 | 85 |
| -26.44% | May 14, 2026 | 28 | Jun 25, 2026 | Ongoing | Ongoing | Ongoing |
| -17.49% | Apr 11, 2024 | 6 | Apr 19, 2024 | 18 | May 15, 2024 | 24 |
| -9.26% | Sep 22, 2025 | 14 | Oct 10, 2025 | 11 | Oct 27, 2025 | 25 |
| -6.93% | Nov 11, 2024 | 4 | Nov 15, 2024 | 10 | Dec 2, 2024 | 14 |
| -5.89% | Mar 7, 2024 | 2 | Mar 11, 2024 | 7 | Mar 20, 2024 | 9 |
| -5.39% | Jun 17, 2024 | 4 | Jun 24, 2024 | 2 | Jun 26, 2024 | 6 |
| -5.05% | Mar 22, 2024 | 8 | Apr 4, 2024 | 5 | Apr 11, 2024 | 13 |
| -5.02% | Mar 1, 2024 | 2 | Mar 5, 2024 | 2 | Mar 7, 2024 | 4 |
| -4.35% | May 28, 2024 | 3 | May 31, 2024 | 3 | Jun 5, 2024 | 6 |
| -2.18% | Jun 27, 2024 | 1 | Jun 28, 2024 | 1 | Jul 1, 2024 | 2 |
| -2.12% | Dec 11, 2024 | 2 | Dec 13, 2024 | 1 | Dec 16, 2024 | 3 |
| -1.56% | Sep 16, 2025 | 1 | Sep 17, 2025 | 2 | Sep 19, 2025 | 3 |
| -1.24% | May 21, 2024 | 2 | May 23, 2024 | 1 | May 24, 2024 | 3 |
| -0.79% | Dec 6, 2024 | 1 | Dec 9, 2024 | 1 | Dec 10, 2024 | 2 |
| -0.47% | Mar 20, 2024 | 1 | Mar 21, 2024 | 1 | Mar 22, 2024 | 2 |
| -0.35% | May 15, 2024 | 2 | May 17, 2024 | 1 | May 20, 2024 | 3 |
| -0.35% | Jun 6, 2024 | 1 | Jun 7, 2024 | 2 | Jun 11, 2024 | 3 |
| -0.03% | Jul 5, 2024 | 1 | Jul 8, 2024 | 1 | Jul 9, 2024 | 2 |