MAGYRoundhill Magnificent Seven Covered Call ETF
Provides current income and exposure to the return of the Roundhill Magnificent Seven ETF.
By Roundhill Investments · Launched 2025
Annual Cost
0.99%
#5,284 of 6,040 · expensive
Fund Size
$106M
#3,044 of 6,040 · mid-size
Return (1Y)
+2.0%
Track Record
1 year
#4,271 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,224+2.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 3 holdings = 100.1% of fundconcentrated
Roundhill Magnificent Seven ET
101.1%
First American Government Obli
0.6%
N/A
-1.6%
Asset allocation
Stocks
112.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
16.8%Moderate
Year-on-year price swings
Max drawdown
-14.3%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Provides current income and exposure to the return of the Roundhill Magnificent Seven ETF.
- Strategy
- Utilizes a covered call strategy by purchasing shares of the Roundhill Magnificent Seven ETF and selling out-of-the-money call options on it to generate current income. Concentrates investments in the information technology sector.
- Inception date
- April 22, 2025
- Fund family
- Roundhill Investments
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Data updated on 2026-09-18