Roundhill Magnificent Seven ETF
Conservative allocation fund
As of its 2026 Q2 report, Roundhill Magnificent Seven ETF held 23 positions with $3.60B in net assets. Its ten largest holdings made up 94.4% of the fund. The MAGS share class costs 0.3% a year. Over the 12 months to May 2026, MAGS returned 36.7%, with dividends reinvested. In 2026 Q2 it added 1 new positions and exited 1.
The Roundhill Magnificent Seven ETF (Magnificent Seven ETF or the Fund) seeks growth of capital.
The fund is an actively managed ETF that seeks exposure to the Magnificent Seven—Alphabet, Amazon, Apple, Meta, Microsoft, NVIDIA, and Tesla—rebalanced quarterly to equal weight. The sub-adviser positions the portfolio daily through swap agreements, forward contracts, and direct equity holdings to track these seven companies. As a non-diversified fund, it concentrates more than 25% of assets in technology industries and holds material risk from its exposure to a small number of issuers.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
TREASURY BILL 0.00% · due 2026-07-14 | 55.45% | $2.00B | — | — |
First American Government Obli | 9.41% | $338.94M | — | — |
Roundhill Ultra Short Duration | 6.83% | $246.03M | 2.5M | $100.06 |
NVDANVIDIA Corp | 3.52% | $126.62M | 632.8K | $200.09 |
AAPLApple Inc | 3.49% | $125.68M | 434.4K | $289.36 |
AMZNAmazon.com Inc | 3.48% | $125.47M | 526.4K | $238.34 |
TSLATesla Inc | 3.45% | $124.32M | 295.6K | $420.60 |
MSFTMicrosoft Corp | 3.07% | $110.50M | 296.2K | $373.02 |
3.04% | $109.56M | 194.5K | $563.29 | |
N/A | 2.65% | $95.60M | — | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 23 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 55.45% |
| Stocks | 29.32% |
| Cash & short-term | 9.41% |
| Derivatives | 5.95% |
Derivatives are shown at market value, not notional exposure.
By sector
- Government
- 53.1%
- Other
- 16.4%
- Information Technology
- 9.6%
- Cash
- 9.0%
- 2 other sectors
- 11.9%
- Government
- 53.1%
- Other
- 16.4%
- Information Technology
- 9.6%
- Cash
- 9.0%
- Consumer Discretionary
- 6.6%
- Communication Services
- 5.3%
How it has done
MAGS share class · total returns with dividends reinvested
Volatility over the last 12 months: 21.17%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Roundhill Magnificent Seven ETF is a conservative allocation fund.
- Asset class
- Allocation (multi-asset)
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Equity exposure
- Conservative
- Features
- Non-diversified
- Expense ratio, by class
- 0.30%· MAGS 0.30%
- Portfolio turnover
- 27.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
1 new
1 exited
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 50% |
| Credit spreads | 50% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +0.02 yr |
Share of duration at each point, shortest first. This filer signs its rate and credit disclosures differently; the direction shown follows its interest-rate filing, and a negative reading is the least-supported figure here.
| 3 mo | 0.02 yr | 100% |
| 3 mo | 0.02 yr | 100% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.02 | +0.02 | +0.00 | $7.6k | $0 |
| 1 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Understand how this fund fits with the rest.
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